Maybe to an extent, but then...
If San Jose had a "general agreement" on value in place for Lack and there was clear, serious interest...
Before Benning closes the deal for a 3rd+7th with Carolina, surely he goes back to San Jose one last time (who he was obviously in constant contact with through the draft), and says..."okay, i'm about to do something really stupid and trade Lack for a 3rd+7th...i'm going to pull the trigger on that deal, unless you can beat that offer
right now with something better."
And if the other GM truly covets Lack at that point, they're going to either ante up to what amounts to the initial "low asking price" of one 2nd round draft pick. Or they aren't that invested in the idea of getting Lack specifically (don't think he's worth a 2nd or are fixated on something else they want with that pick and simply aren't going to give it up), so they let Benning go off and make his Carolina trade. I mean, you know Benning has set his hard deadline on this deal to draft weekend...Lack was getting dealt at the draft, there was no more "waiting it out" or "playing chicken" beyond that point. That was always the clear end of the game.
I mean, there's some degree of "playing chicken" with these trades, but when Benning is about to run his car off the road into the ditch with a Carolina trade and you know that's about to happen...you make a slight compromise and give up what amounts to the "low asking price", which according to most here...was an absolute bargain. In that game of chicken, you don't let the piece you really covet get away because you're too wrapped up in the game to just grab the bargain value where it lies.
We're not talking about haggling over a watermelon at the fruit stand. We're talking about trading for an NHL Starting Goaltender. If you can get the one you really like at a "bargain price", you only play chicken up to a point...not beyond the point where you lose the guy altogether and have to pay more for someone you're less sold on. It just doesn't make sense for a sane General Manager to do that.
It really just seems like Eddie's value among GMs looking for goaltenders this week, was peculiarly low. Just not that much serious interest. Even as much an idiot as you may think Benning is...he was clearly working the phones for a long time on this, and even a monkey can manage a legitimate bidding war (if one exists). It just doesn't seem there was anything of the sort.
Like Pitseleh said, GMs are often pretty stupid about goaltending and their valuation thereof. The goaltending market is always a bizarre one, because there are always GMs who will do stupid things to get
their guy. There are constantly goaltending deals that are largely inexplicable to fans outside of, "clearly GM so-and-so really wanted this particular goaltender".
Basically, no matter how much a "game of chicken" plays into this...if Doug Wilson truly believed Lack > Jones, he's not going to screw it up by letting Benning trade Lack to another team for less than he's willing to pay.
That would be insanity. Whereas, simply valuing Jones over Lack is just more like bad evaluation. Which one is more believable?