I have the same situation. A 28-year old C that wants a one-year deal for $3.2M. His arb number is $1.4M. I tried to offer him a 3-year deal @ $3.2M per and he turned it down. "You did not meet my client's demands." If I was the player, I would fire my agent and take the offer. I can arb him for the next 3 years, and the total amount of my arb cost will never approach the $9.6M is offered over the same time period. By then, he will be 31 and nobody will offer him a big money, long-term deal.