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Rizen going strong!

Friberg Can't Buy A Hand
Erik Friberg raises to $120,000 from late position. Eric Lynch calls from the cutoff. The flop comes Kspade10spade9heart and Friberg bets $250,000 and Lynch makes the call. The turn is the Jspade and Friberg checks. Lynch bets $300,000 and Friberg calls. The river is the 4club and both players check. Lynch shows KheartQspade and Friberg mucks his hand. After the hand, Lynch has $4,300,000. Friberg takes a hit down to $3,100,000.

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Why no value bet on the end?

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I guess because of the 3-flush on the board.