We will want that $5M in 2023 to spend, but I hope it's on a goalie that warrants the salary. What I want is in July 2023 for us to have enough information on UPL to either give him 5x5 (probably higher by then if the cap starts moving up) to be the starter or to move him or to do a 2x$2.5M as the backup to... Levi... because it's the Levi thread.
The going rate in 2021 for a starting caliber goalie is $4.5M-$6M. https://www.capfriendly.com/signings/all/standard/goalies/2-15/0-15000000/0-0/1-way (Filtered for 1-way, standard contracts, and I got rid of all the 1-year deals that would have a variance (but were mostly oddities and cheap: Martin Jones to PHI, Rask returning to BOS at an insane discount).
Ullmark at $5M was reasonable because he's an average starting goalie (when healthy) and that salary right in line with what starting goalies were getting on the open market in the summer of 2021. If we didn't want to pay Ullmark, we should have signed him during the season last year to try to keep the cost down or traded him at the 2021 deadline as a rental (health permitting). And that decision could have been more easily determined after claiming Nedeljkovic off waivers at the beginning of the season and sliding Hutton into the nearest garbage chute.