I wouldn't trade Mikko for Pete
IMO the only reason you trade Mikko is if they've decided better depth is the way to extend our window and if that's the case Petey and his $11.6M ain't gonna help with that.
Again, Miller is who I would target. His $8M compared to Mikko's $12.5M would mean giving us an additional $4.5M to upgrade somewhere else on the roster.
In theory that could mean going from $2.5M Miles Wood to $7M Troy Terry purely for arguments sake. O
Again not suggesting any proposals or talking trade values but just from a cap standpoint.
Drouin - Mack - Nuke
Terry - Miller - Lehky
Colton - Mitts - LOC
Kelly - Parsnip - Kivi
Ivan
From a cap perspective that would still work, with Mikko(~12.5) + Wood(2.5) out and Miller(8.0) + Terry(7.0) coming in. Realistically Mikko is probably even more than $12.5M quite frankly. I have a hard time believing if he were willing to sign at that number that it wouldn't already be done. I suspect if he leaves it's because he and his agent know where the cap is heading and are actually asking for $14M+ on an 8 year deal. In which case I get why the Avs aren't signing up for that just yet.
Edit: It's also worth noting that $7M could also be Landy, not Terry. If Landy ends up returning.