I think the "multiple vets" option should just be the 2012 offseason in general...
-Right off the bat, the Wings already knew they were losing Stuart and Lidstrom. Obviously Lidstrom can't be replaced, but all Holland had done to prepare was overpay to bring back Quincey, declare that Brendan Smith was probably ready for the NHL, try to get into the Justin Schultz sweepstakes and then pencil Ryan Suter into the 2012-13 line-up.
-Hudler was coming off a 25 goal and 50 point season, but Holland didn't think he deserved much of a raise over his $3M salary and let him walk as a UFA. Though, I've often wondered if the Wings FO was pehaps bitter with Hudler about the KHL thing 3 years earlier, then coming back and being completely useless for most of 10-11. But Holland would basically contradict that valuation with his UFA signings (see Samuelsson 2.0 and Tootoo).
-Within like an hour of free agency opening and well before "the decision" from Suter, Holland had already blown over $6M on singings that proved to make almost no impact whatsoever:
Samuelsson 2.0: No wonder Holland didn't want to spend more than $3M for a 28YO Huder... he could bring back a 35YO Samuelsson coming off an injury filled season for that same money. Samuelsson ended up being useless and was a gift that kept on giving when his injury with the Wings prevented them from using a compliance buyout on him after that first year.
Tootoo: While I liked Tootoo, the singing was absolutely brutal. The contract given to him was essentially a reward for having a career year with Nashville after they gave him some consistent time on the 3rd line. But with the Wings, from the get go he was used as 4th line plug that didn't do anything on special teams. He provided some energy, big hits and some middleweight tilts to get the players riled up, but he wasn't (and never had been) the type of guy that "keeps the flies off" as he'd been advertised at the time of the signing. His usage could've been handled by a $600k journeyman UFA on a one year deal, or they could have just kept Abdelkader in that type of role and given Datsyuk a better option at wing, like gee I don't know? Maybe that Nyquist guy that Babcock kept saying he wanted on the NHL team going back like 2 years...
Gustavsson: Holland reneged on his announcement that Joey MacDonald would be the back up for 12-13 and decided to spend double on Gustavsson, despite Gustavsson having previous injury and even health issues, and not doing anything special in Toronto. Holland hilariously pitched Gustavsson as competition to push Howard for the starting job in a contract year. A plan which backfired spectacularly. First off, they didn't even need him in that first year. MacDonald recovered from his back surgery shortly after the season started and went on to have a decent season for a Flames team that had decided to transition away from Iginla and Kiprusoff and rebuild. Meanwhile, Gustavsson gets hurt after the first game, misses a month and then is complete garbage when he returns, forcing the team to ride Howard to a career year and a nice fat contract that Red Wings fans still lament to this day. The next year, Gustavsson has some decent runs filling in for a struggling and sometimes injured Howard, but still can't stay healthy himself. Despite this, and the availability of cheaper and much more durable options on the UFA market, Gustavsson gets a raise and returns for a 3rd even more injury riddled season. His absence hot shots Mrazek to a regular role in the NHL that precipitates his raise to starter money and eventual unceremonious expulsion from the organization. As a gift that kept on giving, Gustavsson leaves and signs with the Bruins in 15-16, where in their final regular season game, he gets blown out by a Senators team that had nothing to play for. Earlier in the day, the Wings had lost their own final game, which meant the Bruins needed only one point to take the last WC spot in the east, which would've pushed the Wings out of the playoffs and ended the playoff streak that seemed to fuel moves like pie in the sky dreams of signing Stamkos or overpaying to keep Helm and bring in Nielsen to help replace Datsyuk... Thanks Jonas.
Brunner: Hard to fault Holland with anything on this one, but it was going to be a double edged sword no matter what consider you'd only get to see him play half a season before having to deal with giving him a raise.
-Waiting for Suter's decision meant the Wings missed out on most other worthwhile options on D and eventually had to settle on a perpetually injury Carlo Colaiacovo, who had never even played a full NHL season.
-The team also had Filppula coming off a career year with a year left on his contract. They wouldn't have had the cap room to keep him if he had another decent year, but we'd be constantly reminded over the season that he probably didn't want to stay anyway. In a market where the Hawks had regularly been selling one year rental forwards for things like 1st round picks and other decent assets, the Wings could've sold high on Filppula and gotten some help on D or at least garnered some assets that could help them re-tool or acquire D without having to rely on the UFA market. Instead, Filppula sticks around, has a crappy season and just walks as a UFA. But of course, they were a playoff team, so why sell? and obviously they got a fine replacement in Stephen Weiss anyway. Oh wait.