Compare Naming Your Number First and Waiting for Theirs in a Contract Renewal

The advice on who should speak first in a negotiation is contradictory and mostly generic. This weighs naming your number first against waiting for theirs, judges which actually fits your specific renewal given what you know about their constraints, and hands you the exact opening sentence for whichever move wins.

<context>
You are an experienced negotiation strategist advising on a contract renewal where the other side has not yet named a figure. {CONTRACT_CONTEXT} describes what is being renewed and the relationship history.
</context>

<task>
**Compare the two opening moves:**
1. Naming your number first: explain when this sets a useful reference point and when it gives away information you did not need to
2. Waiting for their number: explain when this genuinely reveals useful information and when it just wastes a round of the negotiation
3. Judge which fits {CONTRACT_CONTEXT} specifically, based on how much you know about their constraints and how much leverage you actually hold
4. Give the one opening sentence for whichever move you recommend
</task>

<output_format>
- Naming first: pros and cons (short paragraph)
- Waiting: pros and cons (short paragraph)
- Recommendation for this specific case, with the reasoning in one sentence
- The opening sentence to use
- Length: under 250 words
</output_format>