Yes. Even if Sather wanted to use Talbot as leverage (which would be a big mistake), Lundqvist can use the open market for leverage. If Sather offers Lundqvist $7 million, you can bet your bottom dollar there is a team out there willing to give him $8 million. If Sather offers him $7.5, there is a team that will pay him $8.5 million. We've seen players like Clarkson land nearly $6 million on the open market. Lundqvist will grab more than that.
Than people argue there is a limited market for goaltenders. That's not entirely true. When Lundqvist hits the market, teams would be willing to move around assets to acquire him.
Penguins? Dump Fleury's salary and acquire Lundqvist (and this could be a reality IF he gets bombed again in the playoffs). Capitals, move Holtby for a young top-6 forward (adding forward depth) and acquire Lundqvist with several more prime years making a run for the Cup (because the Capitals will need to make a more serious run while Ovechkin is still in his prime). Leafs? They have never been happy with the goaltending, outside of this year, which it has been great for them, and if it crumbles, I can consider them putting in an offer. Islanders? New arena. New faces. Might take quite an offer to attract Lundqvist given how poorly they have performed, but if the Islanders can bounce back to a playoff position I'm sure there would be some consideration. And no, Lundqvist wouldn't turn down a lucrative offer from a rival team because they are a rival.
I can picture Tampa Bay, Carolina, Anaheim, and Edmonton all inquiring too.
A lot can happen on the open market, and for a player with Lundqvist's resume, he will grab a sizable contract.
At the end of the day, if he doesn't want to be a Ranger, he won't be. Regardless of what is offered to him. I can see him taking less money elsewhere to play on a more competent team.