Quoting: CoopsTroops
It's not terrible, but it's not great. If Volkov can grow into a middle 6 role as coaches expect, the forward situation is decent except for replacing Paquette with Joseph.
For defense: Hedman-Rutta won 3 SCF games, McDonagh would be perfect partner for Foote his rookie season, and Sergachev would have a weak link partner in the worst case scenario, but Cernak still in the likely scenario.
PROJECTED CAP SPACE $2,895,834
Sergachev, Cirelli, Cernak as RFA will cost 11.5M at least
Untouchables: Kucherov, Hedman, Vasilevskiy, Point
NMC's: Stamkos
NTC's: Palat, Gourde, Johnson, McDonagh, Coburn
MNTC's: Killorn (16 team)
So pretty much everyone making > 2M except Stamkos can't be moved. Why isn't it terrible? Oh, did I add tax advantage state so players don't want to waive. Did I mention SC winning team so players don't want to leave. Did I mention COVID threat so no one wants to uproot families.
...and you're going to play with only 22 on the roster in a year with a very condensed schedule? Good luck on that.