If anything I think this makes it easier to ask Gio for less money, now we can clearly say "look, we want to build a contender and the cap isn't rising as much as it was. So if you sign at a lower dollar value we will have a better chance at bringing in the pieces needed to win a Cup
The only problem is there is no way we can sign Gio for less than Hamilton. So if Hamilton gets 7, that means Gio gets 8, which means we suddenly have the most expensive defence in the league (When factoring in Brodie and Wideman's combined ~10 million) at 25 million. You have to think Russell will want a raise if he plays well this year. So we could be looking at 30 mill in defensemen alone going into 2017-18. That leaves 40 million in forwards and goaltending. 40 million to spend on 17 guys is 2.35 million on average. With ELCs and RFA extensions, this is totally doable. The huge payout to Dougie might effect how much Monahan and Johnny are going to want, though, but realistically I see them getting in the realm of 6 million @ 4-5 years which only takes up 12 million of the 40, leaving 28 to spend on the rest.
I don't think we're in that much trouble, plus the pool is pretty deep, so guys on two-way contracts will float about, and bottom six guys don't usually cost more than 2 million. If our defence has a cap hit of 30 million, i'm alright with that because we could potentially have the best defense in the league, and at less than half of the cap maximum.
I think we may have hit 80's Flames 2.0.
Edit: I just found out that Duncan Keith only makes 5.5 AAV. How in the **** did Chicago swing that?