Look at it from this perspective, if these rumored numbers are true and this deal is consummated prior to the ratification of the new CBA, it won't actually be a 7.5 cap hit.
If this new CBA has any chance at gaining teeth and coming into effect prior to September 15th, the players are going to have to swallow their pride and accept the salary rollback. This means that all contracts negotiated pre-CBA will be rolled back by the agreed upon amount. Let's say for argument sake that number is 25%.
This would mean that the AAV of Doan's deal would go from 7.5m to 6.4375m/yr (based on the following breakdown) which is slightly north of what he's deemed to be worth. Now if the deal is significantly front loaded say 16/8/4/2, with signing bonus amounts of 8m, 4m, 1m for the first 3 years, the actual salary being rolled back would be 8m, 4m, 3m, 2m. Doan gets a guaranteed 13m over 3 years + the rolled back salaries of 6m, 3m, 2.25m, 1.5m for a total of 12.75m, in the end he walks away with a cool $25.75m and the Canucks get the player they need for the last 3 meaningful seasons of his career at a manageable cap hit.
By the time the contract ages to the last 1-2 years and Doan's production and ability to meaningfully contribute declines becomes a reality, the Sedin's will have signed new deals more indicative of their true market values, as well the cap will have likely risen again (after being rolled back as well), Doan's cap hit will be easier to absorb.
This was just a scenario that popped into the forefront of my mind, and might not be all that far from what Gillis and Gilman are planning/forecasting.
Edited by Shadowgoon, 12 August 2012 - 04:38 PM.