I've said it elsewhere, I believe that at least one, or maybe two of Brown, Johnsson, and/or Kapanen are gone. I just don't see the salary structure working effectively otherwise. There are 8 solid forwards without two of the above. I don't see Marleau waiving his NMC and despite contentions otherwise, Zaitsev's contract will be extremely hard to move. The Phaneuf and Bickell comparisons aren't really germane. Dion, despite declining, was still considered a Top 4 defender with a cannon of a shot. Bickell only had 1 year left on his deal. Zaitsev has 5 more after this season. I'm not saying it's impossible, but the piper will have to be paid. I'm not so sure the answer isn't sending him down to the Marlies. Wouldn't that save at least $1 million?
Even with all of that said, moving Brown and/or one of Johnsson and Kapanen, should free up enough cap space to pay a capable defender and a reclamation project for the 3rd line (or just elevate Bracco). Things will be tight and there will be holes, but all teams struggle through that, even champions.