No, that's not the whole picture. If we only offered him 3M and the idea is "cap space" being limited, there are multiple players you could move to alleviate more cap. Who does JBB plan on signing with the margin from 5.33M (cap space) to 3M (Stamkos offer)? What world beater are we missing that's moving the needle in that price range?
The issue is, if he's only offering 3M and claiming limited cap space yet Sheary and/or Jeannot aren't moved to alleviate cap space, that's insane. Now you're talking a different PP, a loss of roughly 30-40 goals, a good face off guy, leadership, etc. We brought back 6.75M McDonagh to compete, yet we'd lowball Stamkos and not resign him? That's f***ing wild.
And it's not just this. He's been missing more often than not lately, this is no longer a vacuum, it's a pattern.