No? How will he lose value? Alot of his value is from his defense. So, how much do you think his defense will fall off? OR do you think his defense might be the same but his offense will fall ALOT?
In a perfect world you don't pay ALOT for anyone. But that's all wishful thinking. You gotta pay for some of these guys.
In the end, I think he'll take less than $12M/yr. But, like I said before, I think the length of the contract will be the bigger problem. A deal (with 2012 redone) that has, roughly, 2012-2014 for $30M, or a LITTLE more, is something I can live with. A deal for 2012-16 for $50M or more? That's alot harder for me to be ok with.