Hoffman's ask of $3.4m is a bit lower than what many of us were probably expecting - at one point he was rumoured to be asking for more money than the $3.5m Stone signed for. Some might feel it is a little high, but it is certainly not unreasonable for a starting point.
$1.75m counter offer, though? That just feels insulting.
Hoffman's arbitration is scheduled for Thursday, so we should have a final number
by Saturday whenever the arbitrator feels like it.