I said it when the rumor was "just under $4.4M" and i'll say it again now that it's "official"...
I don't particularly like the dollars, and i don't particularly love Sutter as a player. But there are a few reasonably possible situations where this works out fairly well.
1)Sutter plays Hard Minutes, freeing Bo up to develop the offensive side of his game with a better opportunity.
-One thing Sutter can do...is generate shots at a very high rate, despite poor linemates and relatively poor opportunities.
-Pair Sutter up with any 2 of Higgins/Burrows/Hansen and i think it may be a perfect fit...guys who can help drive possession, move the puck in the right direction, crash the net and see what happens, and guys you don't mind having out against opposing top lines. If you put a trio of those guys together and they can grind out 12-14 of the hardest even strength minutes you ever done seen...and basically saw them off while producing some actual points "by volume" of pucks on net, maybe there's something to that. That lets you run guys like Bo and Bae vs softer opportunities.
2)Sutter finds insane chemistry with a playmaking winger like Baertschi.
-Sutter as a "high volume shooter", and a defensive conscience on paper at least...is an intriguing Center to play with Bae. Much like Baertschi would have been an interesting fit with KesKes. Sutter has played most of his career with guys who don't have half the playmaking ability of Baertschi...if we were to happen upon a formula where Sutter is the guy who works down low defensively to obtain possession of the puck, move it up ice expediently, and join the play offensively as the "3rd man high and/or trigger-man", that might not be bad at all, IF Baertschi proves to be a player. If Baertschi becomes a real player though...whether it's in finding chemistry with Sutter as a shooter, or simply in Sutter being able to help "shelter" Baertschi's minutes...if he becomes a player, it would help the Sutter acquisition make a ton of sense. And by "become a player" i mean, legit top-6 production - some are skeptical, i'm hopeful on that. And i think one way or another, Sven and Sutter are kind of inextricably linked for this coming season...whether Sven's success comes with, or apart from Sutter...that's the play.
I think there's also some interesting overlap potential between the two. If you can get Sutter to mostly fill out option #1, but find that chemistry of option #2 as a PP Unit with Baertschi that improves our "2nd Unit" and gives it a coherent purpose...that could work as well.
I don't like that we're paying a #3 Center with a bit of "tweener" upside $4.375M per year for the next 5 years But...
-we have tons of contracts coming off the books over the next 5 years, and for better or worse...young players on ELCs are going to sink or swim for us. Cap space is going to be..."available" should we need it...even if we have an overpaid 3rd line Center.
-over those 5 years of Sutters contract...we're going to be losing almost all of our "leadership core"...Sutter is clearly intended to help bridge that gap.
-looking at contracts around the league...it's clearly a premium type of player, and we're paying a lot for that. But...Anisimov is the comparable i'd most defer to as a UFA who just signed his extension @$4.55M per for similar term. Other comparables...you've got Eller @$3.5M but signed under RFA status and in "cash money", making $2.5M this year, but $4.25M and then $4.75M as he crosses the same age-threshold as Sutter. You've got Berglund, who again...is on a deal signed as an RFA under a different cap scenario @$3.7M with the cash seemingly even throughout. I think that having Sutter fall somewhere between Anisimov (who is a slightly better player) and Berglund (who is on an earlier signed RFA deal)...and right in line with where Eller's actual cash-money payout lands is not "ideal", it's not great "value". But it's also not horrendously out of reach with "market value" on a player of Sutter's ilk and role. It's a type of player that yields a significant compensation because there just aren't an endless supply of players who fill that specific niche.
And if it helps you sleep at night...i'd say you can pretend $1M of that salary is going to Bo Horvat who will hopefully be taking on a greater offensive role as a result of Sutter being here instead of Bonino. And just be ecstatic that we're not paying Dave Bolland a million dollars more than Sutter is set to make...to be old, fragile and overrated for us - as per the UFA market prices on "premium 3rd line Centers".