No it isn't. Fair market value is based on what the market is willing to give you. If you don't hit the market, there's no judging of what that market is. Coaches hit free agency all the time. College coaches are virtual free agents at all times, as are most coordinators. Then you have your steady supply of former head coaches not under contract. Yes, it is-and Lovie would have been paid by a team. Just as we know what Z's approximate value by looking at similar players even though he has not hit the market yet, so we can know Lovie's market value by looking at what similar successful coaches have received. simply looking at and citing what other coaches have gotten is not what fair market value means, though. we have no idea what the market would have been for lovie, maybe mike holmgren money, who knows? lovie may have gotten his money but he would have had to wait to receive "fair market value". this point has been driven home lately by chicago radio personalities, so if you want to debate "fair market value" with someone, call boers and bernsy today at the score between 2 and 6, dan bernsetin will be more than willing to share with you what the term means. This is all about wording? Ok, he got a salary that is comparable to other coaches with some success on their resumes. Being that it was comparable, his deal was a "fair" deal, and all the talk about the Bears underpaying him can end. Is that better?