Does Relativity Want James Bond?

Relativity Media has reportedly offered MGM $500 million to continue making films while it sorts out its sale and attempts to climb out from under billions in debt. Specifically the free-spending, Ryan Kavanaugh-led investors seem to want to get in on the next James Bond film (and presumably The Hobbit) -- otherwise he may as well spend around half that amount to poach MGM boss Mary Parent to go back to the Universal lot. But would Bond's producers and/or Sam Mendes even make a 007 movie for the slimmer budget this implies, especially when you throw in two Hobbit movies (which would have to slim down themselves)? And isn't the emphasis right now supposed to be on recovering debt through offloading MGM's library? Insert migraine here. [Deadline]