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The common wisdom is that 4.5 mil is now the high-number on the Canucks for defensemen. Bieksa can't really justify getting paid more than Hamhuis, and has indeed indicated a willingness to "stay for less", so 4 is foreseeable, 4.25 is likely. It is more likely that Ehrhoff gets paid ~5 mil by someone looking for a d-man who can score 50 points.
Salo will likely not be back - I think he's too slow - and if he is, it won't be for more than 1.5 mil, so we save 2 mil in cap right there.
I don't know if people will be targeting Ward, but I think 2-2.5 is about the best he's likely to get. That'd put him in the range, for us, of Malhotra, Samuelsson and Raymond; hard to say he's better than any of those guys.