Overpaid. Should be something in the $1.5M range. If other teams drove up the price, move on to guys like Anders Nilsson, Chad Johnson, Kinkaid, Kuemper, etc. Plenty of similar guys out there who will come at a cheaper price tag.
These guys are a dime a dozen. It's not like Condon is the goalie successor in waiting - I don't see him as a starting caliber NHL goalie. He did a solid job filling in for Andy last year but it wasn't anything extraordinary. And Boucher's system helps soften the blow of having to play a backup due to the defensive nature of it.