So the last time this happened, I started a thread called something like "Is Henrik really in the driver's seat". My question at the time was who were the teams that could actually put together an offer that would would break the bank for Lundqvist.
The idea was basically that the Rangers were going to be their own worst enemy and overpay Henrik because they were afraid to lose him, but that really, there were no teams out there in pisition to make it happen.
So today, who can throw 12m at a goaltender? Who has that kind of space to add any UFA right now at that price? More importantly, the league has shown that you can overcome not having the best goaltender if you can score and give your guy support. It's not a good place to spend your money.
I will say it now, giving him 12m would be a distaster. He is on the young end of the Rangers core. That means that should he resign with the Rangers, you're looking at probably 3-4 years and you're going to be in the process of a total roster overhaul/rebuild.
The worst thing to be IMO, is a team with a bad roster and a great goalie. You're never good enough to win it all and never bad enough for it to make you better. Hockey Purgatory.
I ask immediately what Igor is thinking contract wise. If that number starts with double digits, I think you call the bluff and offer him 8-9m per. I don't want 8 yrs, either. There would be no way to have a 36 yr old Igor at that hit. You will be a rich man at 8-9m per. You will be the second hall of fame goaltender in a row to finish his career with no cup if you make it 10m or more.