Mostly agree...if James was a true 3 down back with better blocking skills and the project-ability to be a 1500 yd rushing rb, then yes give him $15/yr on a 3 or extension. There are not 15-20 guys out there that can give you 18 tds in a season. But realistically he ranks around 5-7 in NFL Rb's. And based on current salaries, that puts him in the $10-12/yr range.
That KC play (TD) did show an unbelievable level of heart. Obviously I'm very torn over this issue. I want him payed fairly based on his production. But not over-payed at the risk of losing that cap $ toward an actual capable pass rusher.