As an Oilers fan I would walk away from anything over what Eaves got and would prefer something like 2.5 x 4. Though its Chia so tack on an extra year and another mil, I expect to see 4x4.125 and to be disappointed by it.
It's weird they are looking at this now as anything more than 2.5 and it is pretty much guaranteeing Nuge is gone. You would think they would wait and see if Maroon can repeat and if Nuge can bounce back then make their decision on how to manage the cap. Only really makes sense to do this now if they can get the cap hit down. Though I would have said the same thing with McDavid, I don't think the timing on signing him made much sense and I don't think it resulted in any discount so I am not sure what Chia is thinking here.