What makes no sense about this is Montreal has to overpay for free agents, yes there's a small passionate minority who'd love to play in the hockey mecca (such as PK Subban?), but for the most part between Quebec taxes, the pressure and (for some) the weather, you need to significantly outbid other teams to recruit FAs. The only reason Cole, Gionta and Prust are here is that reason, in fact the only guy who signed a contract with this team who could have gotten the same amount of money elsewhere is Plekanec - a homegrown player. The rest are here either because we own them, traded for them, our outbid everyone else for their services.
Lowballing our own makes zero sense in this market, we don't have a tax advantage like southern American teams and we aren't a contender, if you can tie up emerging stars to reasonable contracts, you should do it and then worry about what to do next.