I'm genuinely curious. Considering that most late first rounders, let alone later round picks can take on average anywhere between 2-5 years to even become a NHL rookie, what kind of time frame are you expecting that the Sabres should just stay with being patient and developing internally? Do you expect this current roster, depending basically on internal player growth/development and maybe 1-2 rookies from Rochester, random FA signings to fill out roster to be playoff bubble competitive?
I'm not hoping for just internal draft and development, nor do I expect that to be the only route. One of the big problems I had with the Kane trade was that he was only under contract during transition years that the team was still going to be bad and building. Even if he turned out well, knowing Kane's style it would be a gamble to hope he re-signed when the team actually needed him for playoffs.
So for right now, I fail to see the point in trading for players that are under contract for only another 1-3 years. Problem is, that eliminates the vast majority of (good) players that are even available in trade. Before people say Skinner only had one year...yes, but Botterill gave up minimal assets and that scenario leans toward Skinner wanting to stay in the area. So not only should a GM start digging out of a re-build through the draft first, draftees 1) need time anyway 2) are more valuable when you hit the pick 3) are under team control for longer. Then when you form a strong foundation you can look for trades knowing the strengths/weaknesses you have left.
So I would look at roughly one or two more drafts to hopefully acquire future foundational players. Same time, right now they need a checking C and top-pair RHD, and there aren't very good internal options for C, and NONE for a top-pair RHD. They're getting by with Bogosian but he's not who you're winning a Cup with in the top-four. ERod, Asplund, moving Larsson up, are all maybe solutions but it'd be nice to have a better player. I would look for those players through big trades starting a year or so away when Bogosian is set to be traded, and one of the maybe solutions proves a failure. That's when the timing is better to give up futures or prospects when you have a better grasp of your pipeline, and the roster is close enough to make a Cup run.
So I'm not all about just drafting, but right now and this summer is not the time to blow futures.
Edit - I'm definitely on board with a UFA signing, considering the good looking group coming out this summer. Pominville and Moulson coming off the books is huge, and a ton more cap space opens up the summer after.
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