As in the previous post about salvation, no matter how familiar it is or how much we think we know it, I always find it worthwhile to ask the question again and again, What is the Gospel? My friends over at interlocutors: a theological dialogue are doing just this. Here is link to a recent post by Yi Shen Ma, a very bright guy who really helped me learn during my time in graduate school at Claremont.
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Bill Walker | Blog 
I kind like this definition “the power of God unto Salvation” (Rom 1:16) or That Christ died for our sins, , was buried, and was raised on the third day ( I cor 15: 3-4)
Maybe that is too simple. 🙂
Not too simple at all! However, it just depends on how much one already knows about the Judeo-Christian story. Without the context of the people of Israel and their experience of Exodus, Exile and messianic expectation, and so on, “Christ died for our sins,” etc., doesn’t make very much sense.
Ro.1:1-4 defines the Gospel-Christ is the Gospel.
The Scripture, foreseeing that God would justify the Gentiles by faith, preached the gospel beforehand to Abraham, saying, “ALL THE NATIONS WILL BE BLESSED IN YOU Gal.3:8
“Your father Abraham rejoiced to see My day, and he saw it and was glad.”-John 8:56