Bottom line is that while we have Sorokin we are never going to be bad enough to fully tank, and this year's draft is super top heavy anyway. It kind of makes sense to retain Nelson if the deal is reasonable and just hope for a hot playoff run again one year.
Let's say Lou's plan is to sign Nelson to a deal at his current rate of 6M for 4 years (until he's 37). Sure, some team might offer him 7 for 3 but then he has to potentially move again after, and is also potentially moving again after for another contract to make up that last 3M.
Nothing changes. His salary stays the same, he lives in the same house, his kids can stay in the same schools. They can still go to MN in the summer. Lou can sell him on the potential to get his name in the rafters becoming a top 5 Islander in a few categories, something he won't get anywhere else - and finally, if he feels like it, sticking around the team... whether it's in a Boychuk role or a Hickey role.
As far as we're concerned, he stays our 2C for next season at least, and if they're able to pull off a trade or a signing he can either move down to 3C or become a top 6 winger. With the cap going up, a 6M deal will be worth 4.65M today by the third year. I'd rather trade the dude but it's not... the worst thing I've ever heard.