This one is tough. Gonch was an aging defenseman. He came off a not-so solid playoff ( see Travis Moen's goal in game 7)

Paul Martin was the puck moving defenseman from the New Jersey Devils. He was younger, much less of a risk.

From Rob Rossi that summer:

The Penguins prefer a two-year term at no more than his previous $5 million annual salary, and Barry said last week a two-year deal would need to include an average annual salary raise.

As it turned out, the Senators grabbed Gonch for three-years, $16.5 million deal.

The Penguins responded by