Confirmed with Link: Sens acquire Callahan + pick for Condon + pick

[JD1]

It's of no benefit to anyone other than Melnyk though. How are moves like this beneficial to the Ottawa Senators on ice product now or in the future? It's about saving more money and that's it, whoopdi****ingdoo, aren't we low enough yet?

Who cares at this point, but it's pretty damn hilarious to see a team so far below the floor still focusing their efforts on spending even less.

I guess if you're insane enough to think this is coming back around and being re-invested...

Now or in the future? The 3m doesn't go out the door to Condon and can be used in the future for players we wish to pay

That actually seems quite simple really

 

[BonHoonLayneCornell]

Now or in the future? The 3m doesn't go out the door to Condon and can be used in the future for players we wish to pay

That actually seems quite simple really

I guess if you're crazy enough to believe that.

 

[SENATOR]

Melnyk is an absolute bankrupt. He has no money to run the team anymore.

-Buying dead LTIR contracts
-Does not want any draft picks from second round on, to be in a system, even late first round, preferably never, not to spend any money on potential big earners. It effects drafting and the future of this team
-Running a roster full of deadbeats, trading for deadbeats.
-Saving money on hockey operations, if you do not care about drafting, you do not need any scouts
-Having the lowest payroll in the last ten years of NHL
-I would think he would sell the first round pick 2020 for cash in his pocket, if he would have a chance, like for 20 million. Ice cold beer!!! Popcorn!! Popcorn!!

 

[OttawaSenators11]

I guess if you're crazy enough to believe that.

I mean, it's not like they haven't lied before or anything ...

 

[FormentonTheFuture]

Or this is our new normal for years to come.

Who knows, I just can't see it...look at the scenario at play, and let's say we get a top 3 pick next year, that's like a dream scenario for investors. Not trying to stir up false hope or anything, just speculating.

 

[Gil Gunderson]

I am pretty sure if we do get the number one draft pick, some people will be still crying for bloody murder.

Yeah they’re still idiots whether they win the lottery or not.

 

[Gil Gunderson]

Now or in the future? The 3m doesn't go out the door to Condon and can be used in the future for players we wish to pay

That actually seems quite simple really

lol

 

[OttawaSenators11]

Who knows, I just can't see it...look at the scenario at play, and let's say we get a top 3 pick next year, that's like a dream scenario for investors. Not trying to stir up false hope or anything, just speculating.

I wish you were right my friend i really do!

 

[Hale The Villain]

What are we down to now, 45M in actual salary next season?

Melnyk must be thrilled with how this off-season has gone.

 

[OttawaSenators11]

What are we down to now, 45M in actual salary next season?

Melnyk must be thrilled with how this off-season has gone.

I think it's closer to $40M lol

 

[inthewings]

Who knows, I just can't see it...look at the scenario at play, and let's say we get a top 3 pick next year, that's like a dream scenario for investors. Not trying to stir up false hope or anything, just speculating.

The org is actually in a pretty good spot right now if the team is sold. No long-term contracts (except Zaitsev) + very deep farm + likely top-4 pick this season + fans absolutely desperate for a reason to believe again. Toss in the possible excitement of a new arena under new ownership, and you can see how things could turn around very quickly if Melnyk sells.

 

[NorthCoast]

Now or in the future? The 3m doesn't go out the door to Condon and can be used in the future for players we wish to pay

That actually seems quite simple really

We have 55 mil in cap space for next year. 70 Mil the year after that.

Hey, if EM wants the 3m in his pocket instead of Condon's I totally understand. But let's be clear that that is what this is. 3m in EM's pocket instead of 3m being spent on the team, whether on Condon, or another player, or a coach, etc.

It has nothing to do with needing 3m in cap space for future.

 

[Tkachuk27]

43 million in real dollars ...smh

Melnyk will be able to cover "real dollars" spent with "revenue sharing" & the TSN year payment for next year

 

[Xspyrit]

There's literally no downside to this we get the better pick, save cash, and create some room for our goalie prospects. Can we save being mad for things that are worth being mad about?

Exactly, this board just doesn’t make sense anymore. People getting up in arms for things that are « par the course ». We all know how « broke » Melnyk is (so the argument should be is he for real or is he trying to make more money off the team?). Dorion is simply executing what is asked of him : reach the floor while spending the less money possible and that’s what he has been doing, very well at that.

So all the comments « this is not the way to rebuild etc » don’t make sense when we know Melnyk has been cost cutting since trading Zibanejad, Hoffman, Karlsson, etc

We all know we need a new owner and arena downtown but what does this move have to do with it? Can’t we at least put things in perspective? There’s absolutely no new reason to get mad

 

[GWNR]

Melnyk's investing the savings in a GIC for the 2021 run of unparalleled success!

 

[Sureves]

As per usual, any trade we make is about saving money so no surprise there.

What is insulting however is Dorion not mentioning to the media that ANY of these trades were financially motivated. Like it's just sad how pathetic Melnyk is that he won't even let Dorion be honest about the motivations of these trades and instead just blatantly lie (believed by no one mind you) to the fanbase.

Such a loser. I really hope Sens get smoked in the draft lottery this year because this kind of behaviour should not be encouraged.

 

[Sureves]

Exactly, this board just doesn’t make sense anymore. People getting up in arms for things that are « par the course ». We all know how « broke » Melnyk is (so the argument should be is he for real or is he trying to make more money off the team?). Dorion is simply executing what is asked of him : reach the floor while spending the less money possible and that’s what he has been doing, very well at that.

So all the comments « this is not the way to rebuild etc » don’t make sense when we know Melnyk has been cost cutting since trading Zibanejad, Hoffman, Karlsson, etc

We all know we need a new owner and arena downtown but what does this move have to do with it? Can’t we at least put things in perspective? There’s absolutely no new reason to get mad

Because of comments like this, tell me where in this comment he mentions that this was to save money:

""We believe we have the right mix of goaltenders both for the upcoming season and the future," Dorion said. "We are pleased with how our young goaltenders have been developing in Belleville, so this trade allows us to focus on continuing their growth at a proper pace while keeping two established goaltenders here in Ottawa. Our cap flexibility allowed us to proceed with this trade, which will also benefit us as we continue making adjustments to create a hardworking, exciting team."

It's insulting to the fanbase to be this disingenuous. It's just another case (one of many) where we have made trades to save money and have made no comment whatsoever as to the real reason behind the trades.

 

[SENATOR]

If you think that Melnyk will stay away from his trend in 2020, drafting off board, you will be up for a huge surprise. With another influx of unknown US college players and CHL overagers. Another draft down to drains. And they will jump a few spots to burn the picks as well. It is a Melnyk's know how!! Burn those picks, burn MF!! Can not wait!!

 

[Pierre from Orleans]

Whoever believed in FYOUS is a complete moron

 

[BatherSeason]

What is insulting however is Dorion not mentioning to the media that ANY of these trades were financially motivated.

TBH, I think that it is equally as insulting that the media doesn't even bother asking him about the financials.

 

[danielpalfredsson]

I am pretty sure if we do get the number one draft pick, some people will be still crying for bloody murder.

That has little to do with the budget or why people are upset, I don't get your point.

 

[Caeldan]

I mean, I don't care because Condon was useless, but can we get a transaction that is actually geared at improving the on ice product now or in the future?

Jesus, every move they make is about money and basically nothing else.

This must be the most extreme cap circumvention we've ever seen? Has there ever been a team spending about 70% of the cap floor in actual spending?

You mean like when Arizona was trading for the contract of Chris Pronger who was working for the league and already inducted into the HHOF?

As well as Datsyuk's final year after he had gone back to Russia, plus Sam Gagner.

And all of that was only like three years ago

 

[Gil Gunderson]

43 million in real dollars ...smh

Melnyk will be able to cover "real dollars" spent with "revenue sharing" & the TSN year payment for next year

It's stupid that he'll even get revenue sharing. The gate revenue + TV deal will more than make up for the salary expenditure. It's not the league's fault he's so tied up in debt.

The league should let him rot.

 

[BonkTastic]

Remember when Nic Ruszkowski told us that not signing Duchene, Stone or Dzingel was a good thing because it meant we would have to spend to the cap floor?

... Is this what he meant?


Jesus. We have to be one of the only teams since the advent of the salary cap in this league to be in a position to exploit other teams who find themselves in a cap crunch, and yet rather than take on bad / LTIR contracts for actual assets, we instead force them to take money back, instead of... You know... Get a decent prospect or pick in return.

I mean... There was ZERO reasonto move Condon. None. Any other team in the league would have just told him to stay home this year and collect his salary, or have him be the 3rd goalie in Belleville, or loan him to a European team... We had so many options. We are a cap floor team, Condon has one year left at a dalary that ABSOLUTELY had no difference to us from a cap perspective.

But no. Instead of getting a real asset back for Callahan (which I GUARANTEE Tampa would have preferred doing! They didn't want to take ANY cap back! They wanted to get RID of cap hits by dealing Callahan, not take any more on!!), we use a real opportunity to improve the futures depth on this team, and instead blow that to save cash that wasn't at all a factor from a hockey ops perspective.

If you needed any more proof that Melnyk is done spending money on this team, here you go. Real opportunities tomake good hockey decisions, and instead we're using it to save the owner money. This makes ZERO sense from a hockey ops perspective. None. Nada.

 

[Qward]

Gotta buffer that cap floor if we are shedding Anderson, Hainsey, DeMelo, Pageau, Boedker and Ennis at the TDL

The only UFA that would re-sign here with the way things are is Boro and that is because he an ECHL player on any other team.