Pretty close, yeah. It may not be "fair", but players aren't paid by the point. If star players have to be valued relative to Crosby, then lesser players relative to them, and so on...half the players in the league would be paying the owners.
Teams need stars and there's only so many to go around. Parise may be more valuable to Minnesota than Crosby is to Pittsburgh.
That said, had Corsby waited to hit the open market, the best he could get is ~$90M over 7 years. He's currently getting $76.8M. Decent discount, but added security of a longer deal. (Which could prove pretty valuable, given that he's already had a serious concussion issue.)
We're all entitled to our opinions, but I think if you compare Parise's contract value to Crosby's, it isn't even close. Now, I love what Parise brings to a team. He's a hard worker; he backchecks hard, he forechecks hard, he's valuable in all situations on the ice. Like a lot of players inking new contracts before the lockout, he took advantage of a longterm deal with a precipitous drop in his salary the last couple years ($2m and $1m respectively) to give his team some space. The difference is that he'll be 40 and 41 years old at the time those numbers kick in, and will probably consider retiring and coming off the books.
He's not even close to a point-per-game player either. He was the hottest free agent on the market, and he isn't even putting up half the numbers Crosby is right now. Now of course there was a lot of speculation about Crosby's health after the concussion which would affect his market value, but his performance to date has somehow improved on his pre-injury numbers. That's significant when you consider that the "discount" clause in his contract (the exploit in the old CBA) doesn't even kick in until age 34 or 35. Unless you expect him to retire, or have a new provision to renegotiate the contract - and all in spite of what figures to be an expanding salary cap ceiling looking ahead - he's a bargain.
But this is really getting sidetracked. The real point of this, to me, is to be wary of impending free agents who push for their full market value. There are definitely guys who warrant throwing a lot of money at, and I absolutely thought Parise fit the bill because of his excellent leadership qualities. But the things that set franchises back are big contracts to one-time-overachievers that never live up to their expectations. Handcuffing the organization to talent that doesn't pan out is an unforgivable mistake. It's much better to trade and explore burgeoning talent.