Quote:
Originally Posted by Robbob
What this does do is free up cap so other teams can't offersheet Petterson and Hughes. Losing the 9th overall also hurts.
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It doesn't really though!
All of the players rumoured to be headed to Arizona are worth a combined 12M AAV. Let's say the above tweet is right and they get OEL for $7M per season instead of 8.25. Then they have Garland, who according to Evolving Hockey should sign for about 4.75Mx4.
This would mean they'll have saved less than a million in cap. This of course doesn't take into account the ~$3.5M they could have saved just burying all of those guys in the minors for this season (though obviously they would have to be replaced on the roster so net savings is perhaps more like $1.5-$2M, but that's still significant).