With all the trades made with goalies, I think this is fair value for Varlamov. Buffalo needs a goalie, Isles get cap space.
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ARI - NYI
Isles get cap space and our top prospect's brother. Coyotes get to the cap floor and gain a veteran leader who can still score.
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OTT - NYI
Isles get a top-6 RW, a 7th D, and a backup goalie. Ottawa gets two young project prospects, a 2nd round pick, and cap space to sign Claude Giroux (if they so desire).
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Isles sign Max Domi to a one-year prove-it deal, and Nick Leddy to a three-year deal to come back to NYI and play with Mayfield. With the trade for Romanov, this makes the Isles' defense a very complete unit, similar to when they made the Conference Finals in 2020. To compare:
McDavid, Connor
250 000 $)
CapFriendly
CapFriendly