Preds fans have discussed this, and also potentially exposing him to Seattle, in recent weeks. There is by no means any consensus. It would certainly be worth exploring his trade value before making any final decision on his Expansion status.
He's hard-working and skilled. But I think there are two things that have set him back in the last couple years:
1) The injury he got from Bortuzzo really seemed to sap a little bit of the "kamikaze" style out of his game. In addition to just putting him on the shelf for a long stretch, I feel like maybe he's a little more cognizant of his own mortality now. Not to say he's shy or doesn't work hard... but there's a difference between having crazy-fearlessness for a small guy, and... what he is now as just a generally quick and engaged small guy.
2) The Preds have basically taken stretch passes and odd-man rushes out of their game under Hynes as a coach. And Arvidsson used to thrive on receiving stretch passes and scoring off the rush. Nobody is sending him anymore. Hence he doesn't get the same chances to score. He's not a good stationary shooter on the PP, not at all, his bread and butter is as a dynamic scorer, and that part of his game has been neutered by the system lately.
28 yrs old... 3 years at $4.25M... probably not a drastic amount of risk in that... for 15-25 goals in an energetic 2nd line player, it would not be a crippling contract, with some upside of getting back to 30 goals if he landed in the right spot. In Nashville it's not that we can't afford him. It's more just we are thinking of re-tooling a bit, and if Tomasino is ready to step in on RW, and if we accept that Kunin is our 2nd line RW, if we agree that Duchene is better used as a winger than a center, then Arvy's role in the top-6 is not as firmly cemented as it used to be, so it's worth considering the option of moving him. Plus we have a small team in general... finding ways to get a little bigger is probably something Poile realizes he has to look at.