Not sure how this can be possible unless you include Ceci, Fogi a couple prospects and at least a 1st and a couple other picks with salary retention.
Looks like idle speculation citing a third party source rumour board. I wouldn't put much stock in it.
I could definitely see - or hope to believe - Oiler management have some contingency plans in mind should McLeod go to arbitration and win. Any award of $2 million or more, I think tilts to exploring a peak year win now cost controlled replacement like Scott Laughton.
Losing McLeod's dynamic speed and still latent development potential for a battle tested gritty, character 3C who plays in hard areas so vital in the winning season would align with organizations at different development cycles. I think it would be a big challenge to make this a bigger deal for Laughton and Koneckny.
I like McLeod a fair bit. But he's at risk of pricing himself beyond his value to a mature phase organization. Though as a centre he holds more value to the Oil than winger casualties Yamamoto and Puljujarvi.