Horvat is currently in a situation where he wants to get paid up to the standards he's set with his game. The Canucks' management, on the other hand, has set a limit to what they want to pay, and clearly, it's under what Horvat believes he's worth. At this point, it's no longer a question of having the money or not, since the Canucks DO have the money needed to ink a major deal. They're just unwilling to above the amount they've previously determined, it is believed that the Canucks last offer was in the low 7s, which was rejected by the Horvat camp. Keep in mind that
Elias Pettersson will need a deal in the foreseeable future and he'll command a much bigger amount.