The Colorado Avalanche are still about $8 million under the cap floor.

Colorado still has to sign restricted free agents Chris Stewart and Peter Mueller, but they might end up inking an unrestricted free agent or two just to get above the floor. Colorado has a pretty young team and they were reluctant to make a big splash this off-season for fear that it might come back to haunt them when players like Matt Duchene need to be re-signed. However, they probably won't hesitate to do some bargain bin shopping later this month.