You have not heard that. No way Randle is asking for that much for one season. $500k total for 2 seasons sounds right. He already has good money over his career and $200k-$300k is more than sufficient for him per season. He would only play for Adelaide in the NBL.
To paraphrase yourself, you do not know that. You may think that he's not worth that much, or in a more bullshit universe, you would actually turn down more money if you could get it just because you've earned more money in the past (he's not getting any younger and it's not like he can fall back on a commentating or public speaking gig once he's done playing).
For what it's worth, I agree that his value maxes out at $300K, which puts him in the upper echelon of MVP players and game winners, and deservedly so... I can't see that he'd have a problem with this value if he's happy to play NBL again, but it all depends on what other OS offers he gets and how they compare...
Is it at this point that we run some hypothetical numbers?
Randle* / Doyle
Sobey / Drmic / Teys
Creek / Import*
DJ / Deng
Hodgson / Jacobsen*
The bigger money earners already would be Randle (did the 36ers get specific sponsorship for him?) and DJ, possibly Creek with Sobey playing himself into a bigger payday but I would expect that it's a team option for his third year... They don't want to play hardball with Sobes at this point and play the "well, it's our option, take this lower amount and we promise to pay you more next season" card as we all know that NBL contracts aren't really worth the paper that they're printed on if a player doesn't want to stay...
Teys would be cheap, same with Jacobsen, I reckon Doyle is playing for a packet of hot chips for after the game?
Would Drmic have had many other offers? Had a good college career, I think everyone was expecting a lot more early on, I wonder if the 36ers got him cheap?
The problem with the new marquee player rule is that it only allows local players to be marquee, which really hinders some teams to bring back their higher quality imports, like Randle and to a lesser degree of possibility, Childress this past season...
2017/18:
Randle*: $500,000
Doyle: Hot chips ($5?)
Sobey: $150,000
Drmic: $60,000
Teys: $60,000
Creek: $120,000
Import*: $?
DJ: $150,000
Deng: $60,000
Hodgson: $80,000
Jacobsen*: $80,000
Total: $1,260,000
That's hitting the cap without a third import... My maths is probably off in some areas, but ball parks?