Ovechkin. I am not worried about the cap hit of a guy that produces like he does. The guys that are paid less will be up for re-sign in the next couple years and things will even out.
I will add that going with the combination of stars and cap bargains can be a pain in the ass unless you really stay on top of things. Most "cap bargains" get paid eventually and when that happens you might be forced to make changes. Finding a way to cycle in the next cap bargain over and over will be key in maintaining a strong team every year.