I have thought for a long time the Avs should use this years 1st to get a D upgrade.
The Avs were about 2.5-3 million under the cap going into the season.The cap will also grow somewhere between 500k-1.5 million depending on what numbers you look at.
3 step plan. (all presuming the Avs do not end up winning a lotto for McJesus)
Part 1:
Avs:
Phaneuf (Leafs Retain 1 million) 6.0 Mill
Leafs:
Avs 1st 2015
Elliott (RFA rights to)
Berra 1.45
Berra serves as the backup to Bernier or Reimer, or in if the Leafs keep both, the cash rich Leafs can afford to put him on waivers and hide most of his contract in the minors. Elliott, though looking on the outs in Colorado, is still a decent prospect, valued like a 4th/5th round pick and could get a much needed spark out of a change of scenery. He is also a righty shot, which would complement the lefty D that the Leafs have in the pipeline. Leafs add another top end 1st to the pool and move on from Dion.
Part 2:
Avs:
Greene
Devils:
Bleackley
Hishon (RFA rights to)
Conditional 4th Round Pick 2016 (if Avs make playoffs)
Devils are going into rebuilding cycle and could use some forward prospect depth in that process. Hishon also probably gets a legit chance to make the roster and NJ has a history of making smallish players work. Bleackley also fits the mold of a Devils forward in spades. Greene was speculated as a guy that could be moved at the draft by a few of the TSN talking heads at the deadline, as he might not want to be part of a rebuild and due to the fact the Devils have strength in prospects on the blueline.
Part 3:
Sign a depth forward or trade for one on the cheap from a cap strapped team, 3rd line winger or center, that can play up or down the lineup depending on need. Avs have alot of question marks up front in the health of Bords, Winchester, and McGinn, Mitchell being able to play up or down the roster in any forward position, the growth of Everbeast, and desperation of keeping Cliche. The UFA signed would fit as needed.
Avs lineup 2015
Lando(5.71)-O'Reilly(6)-Mac (3.375)
McGinn(3.0)/Tanguay(3.5)-Duchene(6)-Iggy(5.33)
Tanguay(3.5)/McGinn(3.0)-Mitchell(1.8)-X(probably the UFA at 2-3 million)
McLeod(1.35)-X-X
X = Some Combo of Winchester/Bords/Cliche/Everberg/UFA/Traded for forward (whichever fits the line best) ranging from 3-5.5 million depending on situation)
Greene(5)-Johnson (3.75)
Phanuef(6)-Barrie (2.6)
Stuart(3.6)-Holden/Guenin/Siemens/Bigras/Redmond (600k-1.7 million)
Varly (6)
Pickard (1) (estimated)
Add:
Greene (5 million), Phanuef (6 million), Pickard (1.0) = 12 million
Subtract:
Hejda (3.25), Berra (1.45), Briere (4.0), Wilson (2.25), Zanon Buyout (700k) = 10.95 million
Putting the Avs at roughly 68-70 million depending on what they do with the 6th/7th D man spot and how they fill out the 3rd/4th line and forward depth, with the cap probably being in the 71.5-72 range, leaving 2-3 million free for callups/injuries, trades.
I know some are worried/scared/concerned about trading away the farm, but these deals set the Avs up for a long time on D, with Siemens and Bigras still in the system, and the core at forward established. Moving an early/mid 1st and Bleackley to solve the Avs D issues for the next 4-5 years is well worth it.
As for the longer term cap implications, Tanguay and McGinn can both come off the books in a worst case situation next summer to re-sign Barrie and EJ. I also have faith that Sakic will either get O'Reilly signed to a long term deal prior to the deadline next year close to what he makes now OR the Avs will trade him for a package of close to NHL ready forwards and futures at the deadline (meaning his cap hit either remains near the same or goes away). As for replacing Tanguay and McGinn, that would still leave some room to take a flier on a UFA or two.. or not to disregard keeping McGinn or a like player via trading Stuart and/or re-signing Tanguay on a cheap deal for a year depending on how cap growth and other contracts work out. The next summer Iggy comes off the books to get Mac his next contract and help give raises to depth players.