The real drama on July 1 is whether or not McDavid is willing to take a cap friendly contract for the team and whether or not Chia is anywhere closer to a Draisaitl deal.
Those two things will have a far larger bearing on the Oilers' next 4-5 years than some depth d-man signing.
If neither is willing to take less money, then really all these little moves are pointless. I don't give a crap about Marleau, Del Zotto, Franson, or whatever little moves Chia would've made. We are not winning a Cup any time soon with a money-first kind of attitude from the players.
If they're not then just enjoy maybe another playoff berth and 2nd round exit and don't expect much more than that. Chia should not be doing stupid things like wheeling and dealing 1st rounders for rentals. We are going to need those picks for 4-5 years in the future when the cap is higher and maybe we go for it all then.