Would Casey even want to sign here? If I'm him and I see our right side, I look to become a free agent and join another team.
Regardless he is #4 on the depth chart in terms of potentially getting PP time with Dougie, Luke and Nemec ahead of him. I think you have to consider trading him as long as he is fairly valued.
It's a tough call for him, but I'm not sure Casey walks directly into an NHL roster spot on another team. He'd be fighting for PP time pretty much everywhere aside from San Jose. Perhaps the Panthers/Lightning would be interesting if he wanted to be closer to home and those teams have jettisoned a lot of recent draft picks.
The one thing the Devils have in their favor is that they can sign him and burn an ELC year to expedite his next contract. Waiting four years + August 15th can put a dent in his pocket book.
The example I usually point out is Nick Bjugstad and Kevin Hayes. Both were 2010 1st rounders, Bjugstad signed after his junior year while Hayes graduated and became a free agent.
Bjugstad (3 year ELC signing at 21)
2010-11: Freshman
2011-12: Sophomore
2012-13: Junior; ELC1
2013-14: ELC2
2014-15: ELC3
2015-16: 2.85 mil (RFA extension @4.1 mil AAV)
2016-17: 3.35 mil
2017-18: 3.85 mil
Hayes (2 year ELC signing at 22)
2010-11: Freshman
2011-12: Sophomore
2012-13: Junior
2013-14: Senior
2014-15: ELC1
2015-16: ELC2
2016-17: 2.6 mil (RFA extension 2 x 2.6 mil AAV)
2017-18: 2.6 mil
By 2018, Bjugstad probably had a couple million more in his bank account. If Casey signed now and burned the first year, he'd be RFA (without offer sheet rights) in the summer of 2026. If he graduated and became a free agent, his mandatory two year ELC would start in 2026-27.