You may not disagree with this proposal, but it's not insane.
In the past, it's cost about a 1st round pick to get rid of 1 year of a 5M cap hit. (Examples: we got a 1st for Monahan, Carolina got a 1st for the last year of Marleau's contract, etc...).
Gallagher has 4 years left at 6.5M. He's looking like he's completely useless.
I wouldn't give up those assets because I think Gallagher will go on LTIR and because we likely don't really need the cap space for another two years. But the proposal is consistent with market value for getting a huge amount of cap space for 4 years. In fact it's below market value. And we alreay have Reinbacher, Mailloux, Kovacevic, and Bogdan as future RD's, plus a surplus of LD's, some of whom could probably play LD. Barron is very expendable. Kidney is expendable. 2nd round picks are good, but also useful for these kinds of trades. I doubt any team takes on 6.5M in cap for 4 years for that package. Though I hope Hughes finds packages of futures for our extra cap space next summer.