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Ottawa’s below the salary floor and fine with it

Sep 7, 2012, 5:25 PM EDT

Bryan Murray AP

With Zack Smith signed to a four-year contract extension, the Ottawa Senators don’t plan to make any additional moves, according to an Ottawa Sun report.

The problem is that they’re below the salary floor — at least as things are currently structured. Until we get a new CBA, we don’t know for sure what the cap situation will be like in 2012-13.

“We’re below and we’re not doing anything until we find out what the actual dollars will get to and we’ll have to act accordingly,” said Senators GM Bryan Murray.

Ottawa is one of eight NHL teams that Cap Geek lists as being under the floor, although half of those teams are just shy of the threshold. On the other hand, Ottawa still needs to add $2.2 million just to reach the floor, while Phoenix is a staggering $9.3 million short of the minimum.

When we finally have a new CBA, the teams that need to make moves will do so. However, until then, the Senators will wait to see what happens next.

  1. phillyphann83 - Sep 7, 2012 at 5:38 PM

    And these teams wonder why they’re not competitive.

    • revansrevenant - Sep 7, 2012 at 5:45 PM

      You don’t need to spend a lot of money to be competitive. Just ask the Tampa Bay Rays(yes, I know, different sport).

      • freneticgarfieldfan - Sep 7, 2012 at 7:24 PM

        or the Yotes (same sport).

      • hockeyflow33 - Sep 7, 2012 at 8:31 PM

        0 championships

  2. Doesnotmatter - Sep 7, 2012 at 6:08 PM

    I’m pretty sure Ottawa made the playoffs last season. Toronto, Buffalo, Montreal didn’t. So, yes, the Senators are competitive.

    • jernster21 - Sep 7, 2012 at 6:21 PM

      Yes, but don’t think for a second that the team didn’t over achieve last season, even Bryan Murray was surprised. They didn’t build that team to make the playoffs but it happened and their coaching staff had a lot to do with that.

      • Doesnotmatter - Sep 7, 2012 at 7:28 PM

        Maybe they did. They still made the playoffs as an 8th seed, like the Kings in the West, and took the Rangers to 7 games in the first round. Like revansrevenant already wrote you don’t need to spend that much money to be competitive. What’s the point of having a cap floor if some teams are losing money. Just let the teams determine how much they can afford to spend on players’ salaries.

  3. freneticgarfieldfan - Sep 7, 2012 at 7:26 PM

    I think that’s a smart move of Ottawa at this stage of CBA uncertainty

  4. hooockey - Sep 7, 2012 at 11:08 PM

    2 years ago the sens spent near the salary cap and were terrible. The way I see it is they’re currently saving money for a few years down the road when they have to pay all their young players’ raises.

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