It's not a hard decision, but they won't make it.
In my perfoect world, Luc walks himself out today, Holland uses his experience to reshape the whole business side of the org, hires a forward-thinking younger GM with a vision to reshape the hockey side. It's about time one president split roles again, it takes a special man to be president of both hockey ops AND business and Luc f***ING SUCKS AT BOTH. Buyouts happen, guys get traded, vets get asked if they truly want to stay on board, we have some dark years ahead, eta 5-6 years till competitive again.
In the real world...nothing changes. Luc stays in, doens't even do offseason availability. Holland continues in service of Luc, we stay the oldest team in the league, bottom out next season but there's still 'no appetite for rebuild.'