Agreed, but I do think expecting $200M offers was entirely within reason for a SS with his consistent record. I think might have expected something like $220M/9 or $230M/10.
I just don't think the Sox would ever have come near offering that amount, and that is why they signed Story and apparently never even made an official offer, until maybe that one at the end. They knew, through talks, that they were far away from making an acceptable offer.
To me, the best chance they had was when he signed the contract with DD. Maybe offering more, then, and not having an opt out, or pushing the opt out back a year or two was our best chance at signing him, within the context of how high JH would ever go.
With XB's defense not being all that good, and some metrics say he was among the very worst, I can understand why no $200M offer was made. In hindsight, if this decline in his offense is for real, maybe we made the right call. It will take years to know this. (This is not to say I am glad he is not still here. I wish we still had him.)