Why would the free agents that would actually elevate this team want to sign here?
I would have loved to sign Torey Krug last off-season. Why would he sign here over St. Louis? I would have loved to sign TJ Brodie. Why would he want to sign here over Toronto?
The last time we were hellbent on spending to the cap in the off-season was 2016. We made a run at guys that would actually make a splash like Stamkos, then when they turned us down we resorted to signing Nielsen, and extending Helm and Dekeyser. That is most likely what is going to happen if we spend to the cap in our current situation. Sign middling UFAs and overpay our own guys. Been there, done that.
I don't think this is a necessarily good alternative to what we have done, or would lead to us being in a different place than where we are. The only thing that would keep this team from continuing to be in the basement is better lottery luck, and we haven't gotten it.
This argument a little hollow considering organizations with long histories of being trash fires like Buffalo and Ottawa were able to haul in decent players through free agency. Could we get Krug for $6.5m? I doubt it, but $7-7.5? Yeah, I think we could have inked him for that, especially since he's a local kid.
And who said anything about spending to the cap? How about we just not deal for Marc Staal and sign Namestnikov? Right there is your money for a far more impactful D and we're breaking even on what we spent. Or keep Namestnikov and have a cap of $74m instead of $72.
Waiting for lottery luck is going to be the long way towards what everyone is chicken littling - mediocrity.