It’s a good point, which I’ve partially raised previously. Rashada gets $1M…okay, what about Garcia next year? Does he get a raise as the likely starter? Or if no, does that mean he transfers? And just as in the NBA in the 90s or the NFL until 2010, each successive rookie wave will want more, creating further price escalation.
The counter to that is if we say no and wait/hope for the market to assume sanity, we will lose out on five star players. And many four star players. The conditions are now different from where they were even a year ago. Someone will give Rashada what he wants because who wouldn’t want a borderline five star quarterback. And “waiting until next year’s class” in this environment is a no go as well. The same conditions will be in play in 2023, albeit even worse.