I don't get all the concerns for the following reasons:
1. As of today the team is about $14 million under the cap.
2. For the first time in at least 8-9 years, they have 7 forwards that are or should soon be legit top 6 forwards (O'Reilly, Eichel, E. Kane, Ennis, Moulson, Reinhart, Girgensens). By the way the ages of these seven are 24, 18, almost 24, 25, 31, 19 and 21.
3. The defense isn't spectacular but has a nice mix of up and comers and a couple of vets to steady the unit and mentor the young guys.
4. There are more than enough choices for good 3rd and 4th lines (third line - one of the 7 above, Foligno, Gionta, McGinn, then Larsson, McCormick, Legwand, Deslauriers and Ellis for the 4th).
5. They made a move for a goalie, time will tell if it works but goalies can be found.
6. There are still good prospects in the system (Bailey, Fasching, Baptiste, McCabe, Hurley, plus all the picks in last two years not names Reinhart and Eichel). At some point they need to replace Moulson, Gionta and Gorges, and with the exception of maybe Moulson we're talking about 3rd and 4th liners and 5/6 D.
I don't see the downside to the roster construction and salary commitments.