With his injury history and now being out until the playoffs, are there still GMs who would be willing to give Karlsson an 8 x 11 deal (with whatever NMCs and signing bonuses Ottawa couldn't/wouldn't offer)?
I say probably, but the whole situation is starting to remind me of Josh Donaldson.
Yes, a GM would 100 percent take that gamble. Even in a worst case scenario where Karlsson doesn't play in the playoffs, or plays hurt, someone would do it. It doesn't mean all 31 GMs would do that, but with 31 teams in the league there'll be at least a few who value taking the gamble of adding Karlsson without having to trade for him.
That doesn't mean Karlsson won't possibly take less to go to the right situation if offers are soft and he would rather go to a preferred destination for a bit less. Tavares went to Toronto for 11 million a season when San Jose was offering apparently around 13 million a season.
I'll be shocked if San Jose doesn't match/beat any offer out there as well. They have the 8th year too. Although, if San Jose cools off on extending Karlsson, that would say a lot about his potential physical condition. I just can't see it happening, they'll offer him 8 x 11 easily which means another team has to go up to 12.57 to match the overall money on a 7 year term.