The way I look at this is there are 3 scenarios that were possible.
1. Flames trade for him and sign him. This is the best scenario but also perhaps the least likely
2. Flames trade for him and he walks. This is the worst scenario unless you believe Stone would have put them over the top. Which seems unlikely
3. Flames don't trade for him
Again #1 is the best scenario but if the Flames didn't feel confident they could sign him - then it was prudent not to do the deal. So that assessment hinges on what one believes the probability of that scenario was such that they should have taken the risk. Do you make the deal if there's only a 25% chance he signs an extension? I probably don't. I probably need to feel I've got a least a 50/50 crack if not higher.
As with many things, a decision like this comes down to risk v. opportunity and probability of scenarios.
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