The best general managers in the National Hockey League must have far more than an eye for talent; how to procure it; and how to piece it together.
They have to be able to manage the salary cap.
Small market GMs will tell you that missing on high draft picks can have long-lasting painful effects for a team. Similarly, long-term, over market-value deals (e.g. Rangers defenseman Wade Redden, Flyers defenseman Andrej Meszaros or Oilers defenseman Sheldon Souray) create a roster albatross in the NHL's hard-cap system ... even for big market teams.
Hopefully, the arbitrator ruling on Antii Niemi's case will make a decision that is $3 million or less.