I believe so too. But there's still that chance. What could he get on a 1 year deal? 50M+ could be a possibility.
Cole/Scherzer/Greinke/Strasburg are the current top earners at about 36M or just under. That's about 1.125M per game. Bauer wants to pitch every 4th day instead of 5th, so roughly 40 starts a year. If he's looking for a per game basis similar to those guys that puts him at 45M for the year, then tack on an extra 5M since it's a 1 year deal with no long term commitment/risk for the team.