The 2012-13 NHL free agent class is pretty thin on elite talent. Guys like Teemu Selanne, Jaromir Jagr, and Martin Brodeur will all be faced with that question, and these future Hall of Famers can make a big difference whether they choose to return or whether they choose to retire.

As for the rest of this year’s crop, it looks like some players will be getting overpaid. Per usual, teams with cash that need help will be spending but they might be better off waiting it out unless they get one of the top two guys. 

Zach Parise 

Parise is the only real elite forward available. While Lou Lamoriello and the New Jersey Devils would love to re-sign him, the reality is that because talent is so scarce, somebody is likely to overpay Parise and price him out of the frugal Devils' market

Many suitors will be lining up with Carolina, Toronto, Dallas, and San Jose already being rumored. My guess is that he jumps across the river to sign with the New York Rangers. They love to spend money, they have a big need for his talent and what better way to strengthen your team than to weaken a divisional opponent? 

Ryan SuterRyan Suter 

Suter will be the lone elite defenseman on the market, and he could easily become the highest paid blue liner in the NHL. If Christian Ehrhoff got a 10-year contract last season and the Columbus Blue Jackets dumped a Brinks’ truck full of money on James Wisniewski’s front lawn, then what will Suter command? 

The Preds are also frugal and likely will be priced out of the market. Look for the Detroit Red Wings, Minnesota Wild, Carolina Hurricanes and Philadelphia Flyers to be in play. 

Alexander Semin 

Semin fits the exact mold of the Russian NHL'er stereotype: has plenty of talent, can amaze with ease but, more often than not, is maddeningly frustrating. Sure, he can score 40 goals for you just as he did for Washington in 2010. He can also dip down to 54 points, just as he has in the last two seasons. His effort, moxie and will to win is always in question, but the talent is there. 

So, what does all that add up to? A team overpaying him in free agency; I’d be shocked if that’s not the case. This has all the makings of a Blue Jackets signing, but if it’s not them, Carolina and Colorado could be involved. 

Ray Whitney 

Whitney just keeps on ticking as the 40-year-old is coming off a phenomenal 77-point season. Even so, he’ll have a number of teams knocking on his door despite his age; he hasn’t slowed down. 

Smart money suggests that the Phoenix Coyotes find a way to keep him, but maybe a Stanley Cup contender is willing to spend some money on a one-year flier. He would be a real asset to a team trying to make a run in 2012-13. 

Shane Doan 

Doan is in a similar boat as Whitney in the sense that he’ll likely end up back with Phoenix. For the Coyotes, Doan is priority No. 1

The Desert Dogs Captain has been the face of the franchise for years and, after leading them into the second round of the playoffs, they’ll do everything it takes to keep him around. It would be shocking if he signed elsewhere. 

P.A. Parenteau 

What do you make of P.A. Parenteau? The 29-year-old has had back-to-back 50+ point seasons, but how much of that was because he played alongside John Tavares? Can he really thrive on his own somewhere else? 

He’s a cheaper option that some cash-strapped team is likely to take – maybe a team like Winnipeg, who could use an offensive boost – but he’s really a 50/50 shot to be as productive as he was last year (67 points) unless he’s alongside more talented players. 

Olli Jokinen 

Jokinen could very well be the most accomplished scoring center on the market, which means he should find himself a long term contract worth some surprisingly decent change. 

He’s 33-years-old (which is probably younger than you thought he was) which means someone can realistically give him a four-year deal. What might surprise you even more is that he’s coming off his best season since 2007-08; he has 61 and 54 points in each of the last two seasons. 

My contract offer to him would probably be in the neighborhood of $3 million per year – that’s what I would want to pay – but he’s likely to get much more than that. 

Jiri Hudler 

Hudler falls in the same category as Jones, but do you really want to be signing a player that Detroit is willing to let go of? Did he overachieve there and now underachieve elsewhere? 

He’s coming off a career-year with 25 goals scored – 23 at even strength – but had a cap hit of $2.875 M last year. Teams like Winnipeg and Ottawa will give him a look. 

Paul Gaustad 

Gaustad commanded a first-round pick from the Nashville Predators at the trade deadline, so he’ll likely be quite sought after in free agency. He’s a tough, gritty checking center who can be the centerpiece on a third line for a Cup contending team. 

There’s a shortage of guys like him, so look for him to get a serious contract from a team lacking toughness. Vancouver? 

Matt Carle 

It’s worth noting that the defensive crop is filled with a slew of quality veteran blue liners, so there is value here. But after Suter comes off the board, Carle will definitely be among the next to get a look. 

He’s coming off a four-year stint in Philadelphia, where he developed into a solid all-around blue liner. He’s very durable and likely to garner around $5M per year on the open market – if not more. 

Dennis Wideman 

Wideman will be heavily sought after as well in the open market because puck-moving defensemen are a hot commodity in the NHL. He’ll gladly chew up plenty of minutes, doesn’t do anything stupid with the puck and can also lead a power play. 

I wouldn’t be surprised if he re-signed in Washington, but he’ll likely want a contract in the $4-$5M neighborhood, and that’s likely too rich for their blood. 

Jason Garrison 

Jason Garrison had a cap hit of just $675,000 last year, so expect him to see a massive pay raise this year. He’s fresh off a career-year, setting new highs for goals (16), assists (17) and points (33). He has an absolute rocket from the blue line, which means he’s going to be an asset to any team’s power play. 

The Canucks could be a suitor as he’s from B.C. but don’t be surprised if Garrison gets one of the biggest contracts for a defenseman this offseason (after Suter, of course).