I don't believe that for a second. Unless you just mean it in the sense of "90% of people that apply to a job aren't good at it". You can get many many qualified people for $250k.
Paying more doesn't get rid of the risk, so yes do the version that has risk but without the bonfire of cash.
Paying more doesn't get rid of the risk, so yes do the version that has risk but without the bonfire of cash.