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Joined: May 2021
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Henrique didn't get claimed off waivers for the same reason almost no skater didn't get claimed off of waivers: the flat cap. Henrique's value isn't negative or anything; he just costs money. He's likely still a 50 point center or more if he's playing on a team with established players and not on a team that has yet to develop all of their talent. As for Steel, he's played 129 games in the NHL, I doubt his development is completely finished. In fact, the last Duck we acquired whose development was stalled nearly matched his season goal scoring total in a shortened season.
McMichael is definitely the expected future option, but I'm not sure that he's completely NHL ready, and I don't think management is prepared to throw him in if he's not completely ready.