Depends a on the price. With a pitcher in his 30s I'd look for a substantial discount. If he's willing to sign for 8M per year for 3 years I'd be for it. I doubt he'd be willing to do that.
He turned down like 3/33 or 3/36 from the Twins this past yr. I'd say the odds of him taking a pay cut are zero if he has another yr similar to last yr.