I think you can make this whole mess crystalize relatively easily.
The way to do it is very simple, you figure out your team needs, you budget what you can give Q until it hurts but dosen't preclude the other things you need to do and then you build and offer with as much juice as you can put in there and say to Q this is what we can do, we can't do more without hurting the team, this is your home Q this is where you should retire, this is where you're loved and where you fit.
We realize you can probably get more and we don't think any less of you if you won't take the deal but this is our BEST offer, no bull we didn't come light we came with what we can, let us know.
That's how you do the Q deal.