Even with the cap going up, it's still a cap, so you should look at % of cap.
At $113M, $13M is 12% of the cap.
Flyers are going to have to pay Michkov $10+M a year on an extension in 2-3 years if he develops the way I think he will.
Hockey is more of a "team" game than baseball, that is, teams can exploit weaknesses (especially on the road when the opposing HC gets to choose matchups). So you want stars but you also don't want "holes," Edmonton's awful penalty kill cost them the game last night.
Evolving Hockey (and a couple other sites) calculate goals above replacement (GAR) which can be converted to WAR, but I'm not sure WAR is as meaningful in hockey as baseball.
GAR is primarily dominated by offense (especially forwards) but defense, ST (both PP and PK) and penalties (drawn and taken) are included.
Since it's "above replacement," simply scoring on a PP may not create positive GAR, you have to score more than a replacement player would.
And unlike baseball, where plays are discrete, scoring and allowing goals are interdependent with linemates, D-men and goalies. Which makes this measure more subject to regression error.
I use a check on GAR, 2/3 actual GAR, 1/3 expected GAR because if you're forward looking actual GAR in general (there are a few outliers) should regress to expected GAR over time.
Marner 18.6 average GAR last 3 seasons, 18.8 actual/expected.
McDavid 29.6/29.6 is the highest, Mackinnon 26.4/26.0, Draisaitl 21.6/25.5, Matthews 22.6/23.7
Pastrnak 23.4/23.7, Kucherov 21.3/20.3, Kaprizov 20.6/22.0, Hyman 22.2/21.3, Robertson 18.8/21.2
[Hyman shows value of linemates, playing with McDavid he's far exceeded anything before in his career]
Q Hughes 20.7/21.1
GAR seems to undervalue D-men, probably b/c a lot of their value doesn't show up in counting stats.
Tippett 10.3/9.5 (Flyer fans grossly underestimate his value)
Foerster 8.1/9.5
Hathaway 7.6./8.0
Michkov 6.6/6.9 [really bad defense pulls his value down)
Brink 6.9/3.4
Pelletier 4.3/5.0
Konecky 2.8/3.0 (he was 8.6/8.8 the season before, he suffered from both overuse and lack of a stable line last season until paired with Couts and Michkov at the end of the season, he struggles on defense and needs a reliable center)
Couts 9.1/7.8
Cates 7.8/8.4
Poehling 4.2/4.1 - that would 73rd among centers, like baseball, a few at the top then a long tail to replacement
[Frost 4.6/4.0]
Some players are harder to value
Sanheim 2.2/3.3 over 3 years, but last season, one of 16 D-men to play 20+ minutes at ES
Of that group his 7.7/9.9 (GAR/xGAR) would rank about 8th.
66 D-men played 18-20 ES minutes, York was around 46th of this group
Seeler (10.3/8.8), Risto (8.8/7.8) and Drysdale in the 15-18 minute group.
Though down the stretch they were playing Drysdale more than 18 minutes a night.
D-men are a bit like SPs, how do you weigh a 150 IP who is better over those innings against a 180+ IP pitcher?