This year and the next two years are probably the deepest teams that the Avs will be able to ice. MacKinnon and Toews are both underpaid by at least 3 million. Byram, Newhook, perhaps Meyers are already or should be able to contribute significantly on ELCs and hopefully bridge deals later on. Avs should be going all in to win these next few years before these bigger contracts kick in and then really tough choices need to be made. I actually think bringing Kadri back is a no-brainer assuming that he is willing to come back on a reasonable deal e.g. 7.5 million per for 5 years for two reasons: 1) a strong 2C is absolutely essential to compete for the Cup right now; 2) rather than letting him walk for nothing, it would be much better to trade other players (i.e. Girard) so that the Avs can recoup assets.
If the Avs can win the Cup this year, it essentially demonstrates that Girard should be the one to go - winning the last 3 rounds of the playoffs without him, having Byram ready to take on a bigger role, and our best prospect being a smallish LD makes him the most expendable of our core players.
Ideally, we try to bring back the fast, ageing, ultra-cheap 4th line to save money since they have dominated their matchups throughout the playoffs. Trade Compher for draft picks or keep him depending on what you get for Girard. As other posters have mentioned, if Francouz goes on a run, that raises a lot of other possibilities if we don't have to pay big bucks for Kuemper.
Landeskog (7) Mackinnon (6.3) Nichushkin (5.5)
Lehkonen (3.75) Kadri (7.5) Rantanen (9.25)
Newhook (908 K) Meyers (912 K) Forward X
Cogliano (1) Helm (1) O'Connor (1.05)
Toews (4.1) Makar (9)
Byram (894 K) Johnson (6)
Defence Y Manson (3.5)
MacDermid as utility forward/defense (987 K)
Francouz (2)
Goalie Z
This roster with 3 holes to fill still has 11.8 million in cap space available. Should be plenty to round out the holes, particularly as Girard will be traded for cheap young talent or draft picks.
If Kuemper is resigned for 5.5, you would still have 6.3 to find a 3rd line winger and depth defenceman - Could be Nick Paul (or Compher) for 3.5 million, with the remaining going to Edler/Braun/Jack Johnson for 2 million or less. Otherwise, Girard could be used instead to acquire Crouse or another good, young cheap forward to solidify the third line and restock draft picks.
If Frankie steals the show and we don't need Kuemper, I would try trade Girard for a young goalie on an affordable contract that has potential to be a star. Assuming Oettinger, Shesterkin, Sorokin, and Demko are unavailable, Avs should figure out which of the other young goalies has the most potential for a breakout i.e. Hart, Blackwood, Samsonov, Knight, Merzlikins/Tarasov, etc.
Girard for Merzlikins plus picks or for Gavrikov and Tarasov
Girard for Blackwood, Wood/Zacha/draft picks
Girard for Samsonov, Hathaway, Ioforio/draft picks
Girard for Knight plus picks/prospects
Girard for Hart plus picks