I chuckle at some of these contract suggestions here of 2 and 3 year terms. Players of Little's stature and age (29/30) do not sign 2 or 3 year contracts and I suspect the posters suggesting as such know that. The real motivation behind those horrible proposals in all likelihood is that you are not particularly interested in him remaining with the team.
Little will get a minimum of 5 years and is more likely to receive 6 with a possibility of 7 years. His AAV will at minimum be $5.5 million with a max of $6.25 million. And you know what? He deserves it. That is the market for one of the top-5 - 10 second line centres in the entire league. He knows this will be his last long-term contract so why would he sign a 2 or 3 year deal?
There are no obvious solutions internally. Perreault played poorly early this season when called upon to fill the 2nd line centre position when Little was injured. Petan has barely displayed an ability to fill in on the third or fourth line up to this point and is too small for the centre position. Connor has a game more suited to the wing and Roslovic has not proven anything beyond being a first line centre in the AHL. He will likely project as a low-end 2nd liner/high end third liner.
Trading Little and relying on Roslovic to perform 2nd line duties would be a regression for our 2nd line centre position and a regression for the team overall. If Chevy and True North do not due their utmost to sign Little (offering 5 or 6 years at $5.5 - 6 AAV) and trade him, or worse yet, let him walk at the end of 2017-18, it tells me they are not interested in building a Stanley Cup contending team and are merely happy with maintaining a competitive team (AKA non-playoff team) that will be fake .500 in perpetuity. I will call them out if that is what happens.
The posters who also claim this team won't have the room to sign younger players should they sign the likes of Little are also incorrect. Little will have just received a raise of 1.25 to 1.75 million per year should he sign an extension for the expected amount while we have just dumped an expensive contract in Stafford(who was in the final year of this contract anyways), will have Pavs contract off the books saving another $4 million, Enstrom's contract to expire next season at $5.75 million (this could be replaced by another short-term contract with him at a lower rate depending on how he plays..let's say $3 - 3.5 million and the expiration of Stuart's horrible contract. If need be they can trade a player like Wheeler or Perreault as centres are more valuable and the Jets are deeper in young prospects on the wing. There will be plenty of room to sign players like Trouba, Ehlers and Laine to extensions even with the signing of a core player like Little.
Side note, one thing about that article that bugs me is when they call Turris and Backlund middle-six centres. Those two, as of this moment, are top six players.