It looks way over the cap. And that you had to deal away one of the top fowards to make it work is even more laughable.
Assumed salary cap: 84m (generous i would say)
UFA:s
Toffoli 5.5m
Leivo 3m
Dillon 4m
Markstrom 5.5m
Tanev 5m
Fantenberg 1m
RFA:
Virtanen 3m
Motte 1.5m
Gaudette 1.5m
MacEwen 1m
Conclusion: You are trading away a first line point per game forward, end up roughly 4m over the salary cap and have a arguably worse team that this year.
First off, let's get one thing clear; Brock Boeser isn't being traded to make the cap work, he's being traded because the team is deep on the wing, while really lacking a young right side dman to build around. Boeser is one of very few pieces the Canucks have to find that player, hence the acquisition of Dobson. You're hoping Dobson develops into the Seabrook to Hughes' Duncan Keith. The Tyler Toffoli acquisition makes this deal possible, and the organisation looks better balanced long term with Boeser converted into a right side dman IMO.
I'm not going to quibble much with your cap hits, as everyone has different opinions here. But a 27 year old Leivo, coming off a broken knee cap, that doesn't have a 25 point season to his name yet ain't getting $3mil. Cut that in half.
Sutter was dealt with a $3mil cap hit - $1.3mil retention...
Are you assuming Baertschi is unmovable? Couldn't they attach a prospect to him and be free of another $3.3mil?
Loui Eriksson is riding busses in Utica for 2 years away from his family for a paltry $1.3mil a year? If he's informed he's done as a Canuck, that seems a bit unlikely, no?
What if Jacob Markstrom won't come off his ask of 5-6 years term? IMO you have to walk away and go with Demko.
What if Tanev wants 4 years or more to stay? With his injury history, that's not a deal you lock into IMO.
Maybe you forego Dillon and see what a $1.5mil Tryamkin can give you, saving another $2.5mil against the cap...
Does the depth on the wings mean Antoine Roussel gets dealt? Does Benn want to be traded where he can be an everyday NHL player?
As I said a week ago, there are still a ton of moving parts between now and the draft. Too early to be locking into final rosters at this point, which was hammered home now that we are trying to work in an extra $5mil with the addition of Toffoli.
Bottom line, you can see there are countless permutations where this team comes back next season with it's UFA's in tow. At least the ones with reasonable demands.