Terrible acquisition? No.
I know a lot of people dislike Booth, the way he plays, his overall production, or that cap-hit, but the league doesn't have enough talent to go around. Every marginal player that has hit UFA in the past few years has gotten paid. For instance, a 35 year old Samuelsson got paid 3m from a team he knew pretty well. A 36 year old Kuba got 4m...
There isn't a lot to choose from going to FA. So when you have the chance to acquire a top6 forward in his prime years, despite the warts, you do it. That's what Booth represents. This guy scores at a 1st line rate while powering (head down) to the net. It's the way this team wants to play and it took them over a year to mull over the possibility of getting him. Make no mistake, they knew what they were getting.
I'll repeat, this guy scores at a 1st line rate. By the numbers. G/60. Now you can hate Booth or the contract, but that efficiency is something Gillis would be hard pressed to replicate by trying to buy it in FA. It's just not going to happen. Not without multiple bidders making things difficult. Basically, Gillis got perhaps one of the most efficient scorers in the league for nothing. How is that bad? Can you name a more efficient top6er that went for less?