Here's the problem the Ravens face while trying to sign Lamar.
IMO there are only 3-4 Qb's better than him : Burrow,Allen,Mahomes. Its debatable regarding Hurts,Herbert,Lawrence?Tua ain't better
So Lamar is in the top 5 .
So the reality is you won't be able to replace him with anyone near his capability unless you get lucky in the draft.
Lamar really is in the driver seat in the negotiations. I just hope he allegedly stops asking for 100 % fully guaranteed money.
OK, but here's the problems they don't face:
1. You don't need a top 5 QB to win a lot of games in this league. You don't even need a top 5 QB to win a Lombardi. So even if you were to move on from Lamar and replace him with somebody else, that somebody else doesn't have to be equal or better than Lamar.
2. If we agree he's top 5, but not #1 or probably 2-3 (which I think everybody agrees he's not), then we probably shouldn't be having discussions about him being paid as #1. We are purely because other teams have been desperate to sign other players, and because the market doesn't assign $ values based on arbitrary "ranks" of players.
End of day, it all depends on how you view the market.
If the argument is he should be paid as a top 5 QB in this league, then the latest "alleged" offer from the Ravens is extremely fair, because it achieves that across the board. Basically makes him the 3rd highest paid player in the league on every metric, including guaranteed money.
The irony is that if you're in the camp that the argument is "he shouldn't take a penny less than Watson, because he's better than Watson", that logic also has serious flaws. Namely... a) there's no objective measurement showing he is better than Watson and b) you're basically saying that he deserves to be paid more than others who have accomplished more than he has, purely because somebody else was.