Jan 30, 2014, 9:03 AM EDT
By Ottawa Senators owner Eugene Melnyk’s own admission, his team has lost $110 million from when he took over in 2003 through Oct. 2013. At that time, he suggested that the Senators, which have the fifth lowest cap hit in the league, were still open to being buyers at the deadline.
Now that they have inked a broadcast deal with Bell Media believed to be worth up to $400 million over 12 years, you would assume that Melnyk will open up his wallet. And that might be the case – to an extent.
“We are going to be competitive in spending on players,” Melnyk promised, according to the Ottawa Citizen. “If I need to spend an extra $2 million to $3 million (on unrestricted free agents) to make the playoffs, it’s a no-brainer. I’ll do it.”
At the same time, Melnyk wants the team to spend “wisely” and cautioned that having extra money doesn’t automatically lead to spending more.
It will be an interesting storyline as we head towards the deadline given that the Senators are fiercely battling for a postseason spot and are in a unique position to add aggressively with their excessive cap space. If they prove to be major buyers at the deadline it would also help contrast them from the team that couldn’t lock up Daniel Alfredsson over the summer.
- How do Voracek, Giroux compare to the most expensive duos? 52
- Voracek turns monster season into massive eight-year deal 71
- Report: Canucks, Sutter closing in on five-year deal, north of $20M 28
- Voynov serving sentence at jail that once advertised it had flat screen TVs 45
- Report: Bernier and Leafs more than $2 million apart ahead of Friday’s arbitration hearing 12
- Flyers re-sign Couturier: six years, $26 million 41
- Benning calls Sutter a ‘foundation piece’ for Canucks 24
- Here’s a chart that shows which teams have been good/bad at drafting 42
- Penguins sign Fehr to three-year, $6 million contract 22
- Trade: Penguins send Sutter to Canucks for Bonino, Clendening 54
- Bettman says NHL would have to ‘consider’ putting Quebec City in the Western Conference (71)
- Voracek turns monster season into massive eight-year deal (71)
- Rangers sign Stepan — six years, $39 million (62)
- NBC Sports to broadcast 105 NHL games in 2015-16 (58)
- Trade: Penguins send Sutter to Canucks for Bonino, Clendening (54)