I went over this "in another thread" but
Buried - $3.85M (Petersen)
Retained - $3.571M (Hayes) - and next season
Buyout - $1.67M (SeAngelo)
LTIR - $6.25M (Ellis) - two more seasons
LTIR (likey) - $4M (Johansen)
That's almost $20M dollars in guys who will never play for them again. If Petersen does then his hit is $5M (the Flyers' total goalie corps hit is $4.75M).
This was the essential folly of "trying to make the playoffs" last season - they're not in any sort of position where they will actually be able to get "better" this season.
This was not the planting of an acorn that will grow into a mighty oak tree.
It's trying to grow crops in the dust bowl.
The Knigits are, indeed, filthy.
But you see the perennial middling bubble playoff teams Washington, Minnesota, Islanders in the top five and then crap teams like Montreal and Ottawa in the top 10.
Then there's the Rangers, Oilers, Lightning all sitting there with $9M in cap space...