Holland had $30+ mil to spend and spent it all on the worst Top-4 D in hockey plus a few complementary middle-six forwards.
Just gross incompetence.
Using other signings from the same summer, how would you have spent the money?
I tired it:
Ceci 3.25, Barrie 4.5 = 7.75
Savard, 3.5 , <-- still good defensively, not amazing
Sutter, 3.65 <-- For his age, somehow still kicking but in a reduced role.
Deangelo, 1 <- Providing good amount of offense, no defense, his issues are mostly off the ice
Hamilton, 9 <-- Even after signing, a Noris quality defenceman year after year
McCabe, 4 <-- Slightly
Eddler, 3.5 <- good season with LA, good underlying numbers as a mid pair guy.
Hakanpaa, 1.5<0 bruising #5/6 who can play 2nd pair in a pinch. Solid defensively.
Mete, 1.2 <- Hasnt looked as good as his rookie season for a while, but still is young enough. Plays a decent 3rd pair.
Using about the same amount of money (assuming you dont care about charachter)
Deangelo + Sutter/Savard + Hakanppa/Mete.
Save about a million bucks, and get an extra defender.
Other easy answer, you sign Sutter and Savard and become much harder to play against while loosing some offensive upside.