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Agreed. I don't know Nashville's cap situation next year, but I'd imagine they will retain him. Put your money on Parise staying in NJ (especially after they give him the captaincy this year).
these elections basically guarantee that these players will be with their same respective teams next season at least.
it doesn't stop the teams from negotiating for a longer term deal, but a plan B is in place that will get a (usually) one year in place between the parties from an arbitrator.
What it does prohibit, is from other teams bringing forward offer sheets on the players.
it also usually means that after the term of the arbitration deal, the player is UFA. So the pressure is still on for both teams to get long term contracts in place.
Kings reportedly have a big offer on the table for Drew Doughty and the Bolts have yet to lock up Stamkos...