My guess is it's not entirely about money anymore, and at some point in the last weeks or months, the AM camp changed course and the ask vs what they had told BT earlier in the process.
And thus he's now on the list that Brett Kulak was. And left twisting in the wind, and even if he comes back with tail between legs, (AM camp is now looking for any win out of this mess) may not end well for AM as Flame.
And for the reasons as Bingo mentioned about where this player fits, especially with some PTO players that appear to be impressing, BT will give no benefit of the doubt or leverage to someone who doesn't have it, and stick to his QO full stop.
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