Yeah, he sounds like a lot of fun! I have had plenty of Merchants try to dictate terms BEFORE contracts and several who try to haggle after requesting contracts but never one with the nerve to say that!

If it is a quality 1st position type of offer there are times where, if you count early payment incentives I've seen it go down to 1.12-1.16...don't know if that is a possibility for you but maybe that can get him back with the program.

There is also the possibility he is a total idiot who can't read a contract and is delusional enough to think that can happen.