Are you kidding me? Iggy is not worth $12 million a year at age 29. A reasonable contract for him would be something like 4 yrs/$35 million. The guy will be 30 pretty soon and is on the decline and you don't pay $12 million a year to a guy who averages like 13, 5, and 5 on 44-45% shooting. I won't be surprised if Iggy is down to like 10, 4, 4 by the time he's like 32.
So he's going to opt out of a 1 year/16 million dollar deal to sign a 4 year/35 million dollar deal?