Not saying Smith is as good as Stralman but it seems he's getting the Stralman bias here. He doesn't put up points so he's only good for a 3rd pairing. I'm surprised of this bias against Smith though since he's somewhat physical and not European.
I don't really remember people saying Stralman was a 3rd pair guy, I thought it was more of a debate about him as a top pair player.
It's not that I am bashing Smith, I do like his game, just think the cap hit has to match what he is.
Let's say he is 2nd pair, that would rank him between 61 and 120 league wide among defenders. Currently 61st cap hit for defenders is 4.3M, 120th is 2.75M
If he is a lower end 2nd pair, he should get a cap hit nearer to that 2.75M but that is already what he is getting on his current deal.
If he gets a 4M hit, that puts him tied for 74th highest high end 2nd pair, At 3.5M, about 95th .
It's an area in the cap concerning defensemen where teams make some misjudgements with UFA deals, Gorges at 3.9, Ericsson 4.2, Emelin 3.85, Stoner 3.25, Fayne 3.6. No one including the team that signed those deals likely wants them at that sort of price. There are some good deals too Hjalmarsson, Martinez.
All the same it really does not matter, I doubt they traded what they did for him not to sign him, which he or his agent will likely also know, they'll also know the Rangers D situation, and there will be other teams interested if he makes it to free agent time, which he likely will as they are not going to sign him to expose him, so he pretty much has a good amount of leverage to get a nice contract regardless of where anyone ranks him.
My concern with all that is the operating procedure may seem different under Gorton, but it's not all that different in this case. The Rangers are still finding ways to make any outcome not ideal, other than if the player leaves money on the table and performs over that deal.
Just for the record, I had no issue with the Girardi contract when it was signed, but looking back on it I was pretty off. Teams sort of need to nail these UFA contracts for them not to become deals they'd rather not have. If that means missing out on the player, is it that worse? I'm not entirely sure of the answer, yet in some cases the answer has to be yes, but to me it just seems like leaving the options open, hoping someone can step up, or a trade comes about, maybe that is just me being risk adverse, or me seeing players like Skjei rise, but the later seems like a better option unless the contract really fits what the player is.