I would agree with you on how to describe the final vote, but to me (if I was on the jury) I would switch the order. First I'm giving someone the title of Sole Survivor and, btw, that includes a check for a million dollars. Because I watch the show for the game, not for how much prize money is handed out.
That doesn't mean I'm right. The rules don't seem to be very precise, you vote for the person you think deserves the title. You can have any criteria you want to determine worthiness.
I would agree - I have a tough time envisioning a FTC where I would think Mike should get my vote. Not because he (presumably) has a lot of money but because he hasn't impressed me this game.