I am going to see how Pageau and Tierney start the year and in what role to make a call on who I'd trade at the tdl or before.
I think both players would have depth C value to a contender. Based on what Pageau has said it very much looks like he wants to stay.
His salary this year is 3.4. I would have no problem giving him 3.5 -3.75 AAV over 5. He would be 32 when that contract ends.
Tierney should bring back more in a trade given his age (~ 2 years younger) and still an RFA for another year I believe. (40 + pts last 2 years). I think Tierney becomes the more expensive option and would want more term.
I really like Pageau and what he brings to the team. I think he is an ideal kind of leader that leaves it on the ice and plays over his size / weight. He has also scored some pretty clutch goals and has that in him. His work ethic is outstanding and he is one of the best PKers in the league imo.
Pageau is more of a 3rd line C , while Tierney is more of a 2/3 tweener with a little more offensive touch than Pageau. Defensively Pageau is much better. I think Pageau would accept any role in the bottom 6 and play hard at it. I see Tierney (especially with a longer term contract) blocking the advancement of White, Brown, Norris more than Pageau. I also think Pageau could shift to the wing if necessary more seamlessly than Tierney.
If we re-sign Pageau I think it will cost a minimum of 4.5M+ over 4 years, maybe 5. If he hits the open market, it would not surprise me to see him something ridiculous like 6M x 6 years. In the past, 4M has been the floor for really well regarded veteran 3Cs who are UFAs. Contracts are going up, Hayes got north of 7. A team is going to get hard after Pageau because of his reputation as a warrior who can match-up in the toughest playoff games against the Crosby's of the league.
It's the reason why I think he's gone at the trade deadline. If he'd sign for Zack Smith money, I think we'd keep him. I don't think that Pageau would sign that contract.
If Brown, Norris, or Chlapik can establish themselves as regular NHLers, in 2020-21 we'll have Tierney, White, Anisimov, and one of those aforementioned prospects down the middle. None of those guys (short of Brown if he hits his mythical but unlikely ceiling) are top line C material, but I think that's enough 2/3/4 type centers that the Senators won't feel pressure to give Pageau top money and top term for his role.
We'll keep Tierney for 1 more RFA year after this season. The team will have an impossible time filling Pageau's former role because so few players play like him. It's probably not a good idea to pay him 5-6 million for 5-6 years as a budget team though. So if I'm right about what he'll command, it's probably the right play to move on at the trade deadline. Let Pageau play more offensive minutes this year to pump up his value and then hope at the deadline that we can get either a 1st, or two 2nds.