Priority #1: Re-sign Letang and Malkin to what will be VERY expensive contracts, and with a shrinking salary cap.
I can see Malkin taking the same money he's making. $8.7M
I can see Kris Letang getting a raise anywhere from $3M - $3.5M more than he's making, so a $6.5M - $7M a year for him.
Priority #2: Re-sign or extend Dupuis, Cooke, Kennedy and Kunitz, and with a shrinking salary cap.
Like Ugene Malkin said, all of them won't be brought back. Kunitz took the same amount of money in a recent extension, Dupuis took less money.
If some of these guys want to stay, they will take acceptable money to make it work, someone's not getting re-signed if Bennett is making the team.
It's early to tell, but I don't see guys like Dupuis, Kunitz and Cooke demanding big raises if they want to stay. Cooke may do what Dupuis did and take less, Dupuis might get a little raise. It depends on them really.
Priority #3: Sign a UFA or trade for a legit top-line winger to play with Crosby, and with a shrinking salary cap.
Like Ugene Malkin said, Beau Bennett.
Priority #4: Sign a UFA or trade for a legit top-pairing Dman partner for Letang, if there is one available, and with a shrinking salary cap.
From what I hear, Despres might be that partner for Letang.
Priority #5: Get our NHL-ready young defenders spots in our line-up so they can progress and get acclimated to the NHL, if deserving, and as expected for at least one or two of them by next season.
You want the Penguins to sign an established, top pairing defenseman AND get the young guys chances to play?
I cannot understand or see the point you are trying to make, the cap will decrease but it's not going to be so low that we have to trade key players.
If Bennett makes the team, we can trade Kennedy's RFA rights and his $2M is off the books, re-sign Dupuis and Cooke to play 3rd line with Sutter. Bennett plays with Crosby.
IF a defenseman needs to be traded, why should it be a stay at home, physical, franchise defenseman (for the Penguins) like Brooks Orpik and not the most expensive defenseman on our blue line in Paul Martin? If we're clearing salary, why not trade or buy out the $5M defenseman and give the guy who has been a part of our organization for almost 13 years a $25,000 raise? Why can't Dumoulin take Martin's spot and learn from Brooks Orpik, a fellow Boston College Alumni? Why should it be Brooks Orpik to be traded.
If Orpik is asking for a big raise, then you don't bring him back, but currently making $3.75, if he asks for $4M, $25,000 more than he's making now, why not give it to him? I think he's earned it.
You make Priority's 3 and 4 sound so easy, oh just trade or sign a big time winger and defenseman. They're hardly available.