Big deal. Half the league has ~2 million or less in cap space. Among those teams are other bad ones like Ottawa, Montreal, Vancouver and Chicago. "Highest payroll" is a talking point that means very little in reality other than to show that we're a "rich" team and we're still paying some contracts that were signed during successful years.
Bad Holland contracts:
-Jimmy Howard, 5.25 cap hit, signed April 16 2013, after the "successful years"
-Stephen Weiss, 4.9 cap hit, signed July 5th 2013, after the "successful years"
-Jonathan Ericsson, 4.25 cap hit, signed November 27th 2013, after the "successful years"
-Abdelkader, 4.25 cap hit, signed November 12th 2015, after the "successful years"
-Drew Miller, 1.35 cap hit, signed June 27th 2016, after the "successful years"
-Nielsen, 5.25 cap hit, signed July 1st 2016, after the "successful years"
-Helm, 3.85 cap hit, signed July 1st 2016, after the "successful years"
-Dekeyser, 5 cap hit, signed July 26th 2016, after the "successful years"
-Dan Cleary, signed to several extensions even though he was terrbile
The only current bad contract I will excuse is Kronwall, because that was a good deal at the time.