It really sounds from the Kraken like Gio isn't going anywhere. Good for them and good for him. All I know for sure is because he was the highest paid player the Kraken took Calgary does get a real benefit. Looking at Cap Friendly is kinda fun with all that cap space sloshing around.
If you budget 3-4.5 for the 4-6 bottom players you have to add you still have 15 mill or so to spend. Remember guys like Gaudreau already make 6 plus so resigning him for 7.5 -8 only costs another 1 -1.5 and they still have the rare ability to offer cap savings to teams in trouble on trades.
I'll miss Gio like everyone else but this could be a fun summer.
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