Yes, a year. Comparables for a long term contract: Kovalchuk and Weber (who is on a short term arbitration award IIRC) 10+7.5(short term, lowball). With salaries expected to rise every year, a LT contracts of parise and Suter will at least 10% higher than the Kovy+Weber. That is 19+ mil.
20 mil what? A year?
How about the Bruins? The Rangers? The Devils? The Kings? The Blues? The Preds? The Flyers even? Those all look like contenders to me.
And 7 million isn't such a discount. They are perhaps leaving a few million off the table to play together and for a team with a history of winning and a group of guys who know what it takes to win. You don't get that from many other clubs.