[AngusThermopyle]

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No. The BB did not have a hand. $6 limpers, $12 raise by the 87, and the $3 blinds. If I'm the 87, it's "Give me $21 and let's move on to the next hand or I call your raise, you have no hand, and I win your remaining stack." The 87s had all the power, why should he even consider the BB's offer?

Even looking at it from what happened:
$42 for 87h to call
...pot becomes total of $115 ( 2*54 + $6 from limpers + $1 sb)
87s is 47.936% vs random two cards.
$115 * .47936 = $55.12
$55.12 - $42 call = $13.13 "profit" vs $12 "profit" taking his $12 back.

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This is of course patent nonsense, as raising garbage into a known all-in was a mistake as well.

In a global sense, he was going to get only 47% of the pot and contributed half the pot. You can justify it however you like, but at the end of the day you lose money doing that.

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Again, his original raise was stupid. Agreed.
His acceptance of Mr $54's "offer" was stupid. He had 'the rules' on his side and there was no reason to give the BB any slack.
But, faced with "Take your $12 back" vs "Call $42 and play against 2 random cards", his decision was proper.