We have a qualifying offer in so I doubt Hendo just walks away. We will have an opportunity to match another team's offer or do a sign and trade.
He is asking for almost twice of his QO which means he is more than willing to walk away from it if he receives his price tag. If another team wants to go sign him for 8-9 a year, then we will probably end up either signing Monta Ellis or go get a stop gap SG that can fill the position for 1-2 years on the cheap.
If someone offers Hendo 6-7 a year.... we probably match it and keep him here. Either way, I don't think the qualifying offer to him means we are guaranteed a starting shooting guard on the roster this season or getting anything in return for him if he does leave. The stupidest thing we could do is to match someone offering what he wants....
Henderson would be stupid to come back to Charlotte for a "contract year" and think he is going to have better stats than last season with the additions of Zeller, Al Jefferson, & the maturation of MKG and Kemba. He needs his long term deal this off season and he knows it.