I actually voted yes on signing Panarin before I had a chance to think about it.
Based on his age and our projected window of opportunity this is a dumb signing because any contract paying out the ass to a guy past 30 is dumb. You just KNOW that the guy won't live up to the full duration of the contract. But there are degrees of acceptable when it comes to these dumb contracts.
It's not "Get rid of Capt. Jagr for Drury and Gomez" dumb.
It's not "boot Stralman and bring in Boyle's corpse" dumb.
It's not "Signs of decline Wade Redden" dumb.
It's a little dumber than bringing in Richards. Richards, of course, had a precipitous, almost immediate drop-off that no one ever expected.
3 or 4 years in? Sure, makes sense to think he'd fall off by then.
But he was also brought in right smack dab in the middle of our cup window. He (like panarin) had a play style and career that suggested he'd be good for most of the contract. With that in mind, eating the likely long term consequences was a dumb signing that made sense.
With Panarin, the window isn't open for another year or two at the earliest. If he drops off at a reasonable time (4 years from now) then we'll have two years of him being elite during our window.
Maybe we get uber lucky and he skyrockets into a 100 point player and plays up to the duration of his contract. God knows we're due for a "Chara-ing"
Believe it or not I'm crazy excited for the next two/three years.