It definitely gets much more complicated if Mercer doesn't get bridged and will require future players to take discounts. But I don't think you can push that down the line with Luke Hughes and Schmid (especially if Schmid has a good year in 23-24). NJ could decide to part ways with Blackwood and Sharangovich and take on players with lesser talent for less money. But then you have to start worrying about quality depth in your lineup.
Big tradeoffs to figure out. Makes me wonder if it's better for NJ to trade Meier's rights for defensive depth and hope that Holtz can pick up the slack.
I know teams love to ride the Cap limits, and you have to figure that Fitzgerald has a plan in place. But GM's like to give the appearance of a plan without having one, preferring to "Spray and Pray" spending money for this year and dealing with it next summer.
There really is no scenario where it makes sense to trade Meier. Certainly not for defensive depth.. already have a busy blue line with Hamilton, Marino, Siegenthaler, Hughes, Nemec and Bahl under long term team control. You don't trade Meier for someone who will slot in on the 3rd pairing.
The Devils are in win now mode. They'll be signing Meier and then doing whatever it takes to keep the current core together. It helps there really isn't a terrible contract of the bunch, just slight overpayments to Hamilton and Palat.
Schmid is another RFA without arbitration rights. These guys aren't going to be the ones that are difficult to lock up..