Tranny tag!!!!!!!Not necessarily. The one advantage the tranny tag gives you in a case like this, is that there is only one offer you have to match. He sees an offer that he thinks is acceptable, and you either match it or you don't - he doesn't go "weeeeeelllll, but actually now, I think I could get more" and it goes into more back-and-forth drama that drags on indefinitely. Like, OK, Leveon, you said there was a price you had in mind, now you HAVE to name it, no more bullshit.
This could be really useful in two cases: 1) Money was not an object and he just wanted to play in a different city (Miami/NY/LA) - well, now that's off the table ... or 2) The offers he gets are substantially less than he expected thanks to his antics, and are no problem for us to match. Also there's the fact that it puts him on a clock - either sign an offer and let us match it or not, or else he's playing on the tranny tag for the year.
Having said that, I find it unlikely we would use this option to try and force a player who hates us to be on the team.