Probably because they are stupid, and more willing to put their franchise into cap hell than we are?
Listen, I wanted Suter here, but... he's not elite. The cash he's going to get is far more than he's worth.
Kind of how I feel at the moment. Really wanted him here bad, but might have had to do with the gaping hole on our blue line this year. If he's FA last year then I don't necessarily care about him. Plus I don't trust the hype about a guy who half a year ago was overshadowed by his defensive teammate in Weber. He could by the sort of guy that will lose the hype in a season and then will have 12 years left. I understand Lidstrom was the greatest of this generation but he was always mentioned when discussing great defencemen. Suter seemed to appear when it became clear a lot of teams would be bidding during Free Agency.
That being said, I'm seriously disappointed that we didn't land him, we really needed him but he's in no way the stellar defensive talent that will be a key foundation to build a franchise around. Just he was available without having to give anything up but money. Unfortunately we now need to trade

Obviously he made a decision based on the rest of his family life... and his secret life with Zach Parise

lol kidding