Report- Senators Worth $380 Million

SensChirp November 25, 2013 121
Report- Senators Worth $380 Million

Forbes Magazine has released their annual evaluation of the financial value of the National Hockey League franchises and there is some surprisingly good news for the Ottawa Senators.

Despite a tumultuous off season and rumours of financial instability, including a suggestion by Owner Eugene Melnyk that he continues to pay significant sums out of pocket to keep the team afloat, Forbes is suggesting that the value of the Senators is actually up significantly.  While you can never put too much stock in the validity of these numbers, it’s somewhat surprising considering the rumours around the team the past year or so.

The report has the Senators current worth set at $380 million with $83 million in revenue last year and an operation income of $6 million.  Those numbers have the Sens valued at 15th in the entire NHL.  Like many teams in the NHL, Ottawa has seen a significant boost in their value over the last year.  The report also adds the following.

The Senators obtained $150 million of financing prior to the 2013-14 NHL season, of which roughly $130 million was for the purposes of refinancing a previous loan.

You can read the full release from Forbes Magazine here.

  • Doc

    Unfortunately, this news won’t make Uncle Euge loosen the wallet a little bit.

    • FBP

      But maybe it’ll entice him to sell.

      • Doc

        Oh one can hope!

  • badman1426

    I find these numbers interesting. For the Sens to have $83m in income in just 55% of the number of games means that they are likely to earn over $125k for a complete season. I understood that player incomes are based on 50% of revenue and therefore they are well below that amount and should not be as tight as claimed. Also last year there were numerous freebies given out to try and restore confidence in the season ticket community. It sounds like the Senaotrs are not doing that badly, in fact it seems that they are doing very well. The bleeding must be coming from somewhere else.

    • sonofabutcher

      I think the SENS have $83M in annualized revenue (not income which would be after expenses). I think they either took numbers from the season prior to the shortened lock-out season or annualized the results from the shortened season. I base this on public financial information that was made available just prior to the Melnyk purchase. At that time I believe the SENS had somewhere around $55M in annual revenue. Gives you an indication of revenue growth since he acquired the asset.

      • sonofabutcher

        Here is what I think:
        Revenue (just SENS not capital.tickets or other events) = $83M
        Less: SENS Payroll

    • Mike

      $83 million in REVENUE … that’s before expenses. Their income was most likely considerably lower once you factor in operating expenses, servicing their debt, taxes, etc.

      • PalladiumDrive

        Operating income of $6 million. Melnyk’s been lying. He has other financial concerns – he’s lost money on a lot of other business ventures and then there is his divorce. He simply wants to make sure he maximizes his Senators profit and that of his Senators related holdings to service his other failures, including his failed marriage.

        • Mike

          This article doesn’t disclose the methodology to justify the conclusion they reach, so I wouldn’t go proclaiming that someone is lying just yet. Furthermore, it seems a bit far-fetched that the Islanders only lost 1.2 million dollars and the Sabres only lost 1.0 million dollars last year. It seems much more plausible that they aren’t including many expenses, which would account for these discrepancies; thus, your accusations likely have no basis in fact.

  • hq8

    im of the view that the owner has the right to squeeze or unleash a team’s budget as he desires. but melnyk openly claiming and airing he has to pay for the team out-of-pocket, find that just a little cheap and undignified. if he didnt expect to pay for the team out of his pocket ever, why did he get it in the first place?

    • SenaTHOR

      Financed probably.

    • Mike

      Cause otherwise we probably wouldn’t even have a team in Ottawa anymore, if he hadn’t bought it in the first place. Let’s be honest here, Rod Bryden, the owners before him, and the Ontario government did an excellent job at piling onto the franchise’s debt.

  • bluebuyyoo

    “The Senators obtained $150 million of financing prior to the 2013-14 NHL season, of which roughly $130 million was for the purposes of refinancing a previous loan.”

    What was the previous loan for? Was it Senators related or was it Eugene related?

    • SenaTHOR

      Who cares its all his anyway.

      • bluebuyyoo

        Well, if it’s EM related, he is using the Senators to pay off his other debts rather than improving the team. EM has been crying that the Sens are losing money. Right! Losing money to EM’s other failing enterprises.

        • Mike

          Do you remember Rod Bryden? :P

          • Colin

            Yes. What does that have to do with EM leveraging the Senators to pay off his debts and claiming that the Senators are losing money?

            Compared to Melnyk, Bryden really was poor.

          • Mike

            Rod Bryden leveraged the Sens to help in financing all of this failed ventures in Ottawa too. Also, none of this proves that the Senators are actually profitable despite the insinuations of people not in the know on here.

            At this point, you’re beating a dead horse with this nonsense. The problem with the team has nothing to do with EM’s willingness or unwillingness to spend — spending more money isn’t going to solve the problems of Anderson letting in weak goals, the defense making poor passes, or the forwards failing to get good shots on goal. Also, we most likely overachieved the last two years of our rebuild, and are now truly seeing that the young players still have a fair amount of development to go. Rather than panicking and making impulse trades to try to get better immediately (like Muckler did year after year to no avail), we should stick it out and things will get better.

          • Colin

            Ok, so they both leveraged the Senators. However, in the case of EM, the team is making money when he saying otherwise.

            Please don’t tell me what you think I am saying. I never said anything about EM’s willingness or unwillingness to spend money. i only asked about the previous loan.

            FWIW, I do agree with you. I don’t feel Murray should make changes for the sake of making a change. Bringing in MM 2.0 or letting go of our young talent would be a mistake at this point.

          • Mike

            But are they making money? The article fails to go into detail at what they include in the club’s expenses — they could very likely be excluding taxes, servicing debt, etc. from their calculation of income. While Forbes is a reputable business publication, I’d be willing to bet that they don’t have access to the entire financial picture of the franchise, so this is very likely not entirely accurate.

          • Colin

            G’nite Mike

          • Mike

            Good night Colin. The point still stands that you shouldn’t accept everything written as the gospel truth, especially when it lacks the necessary detail explaining how it arrived at such conclusions.

          • bluebuyyoo

            Ok Mike. I have been warned and scolded. I will make sure to question everything I read online starting with the above text.

          • Mike

            Ha! The fact is that you’re basing your entire opinions on hearsay (at best) and articles that lack the necessary explanation of the methodology used to arrive at their conclusion. Sorry I don’t rush to conclusion without having all the facts, and would prefer to err on the side of caution than make accusations.

          • bluebuyyoo

            QED

          • Mike

            Yes indeed, I could have included QED at the end of my previous statement, but it’s a bit much IMO. A small filled-in box at the end would have been sufficient too, since it means the same thing. ;)

        • PalladiumDrive

          This. Exactly this.

  • 65kwhissell19

    so this is a good thing. whats with all the hype with Ottawa looseing to much an stuff then

  • hq8

    didnt notice but Gleason was a healthy scratch yesterday…….ex-sens pick…..

    • Luc Wolfe

      And we should of never let him go

      • The Apostle

        Tough to “let go” what you never had. Never played a game for the Sens, refused to sign a contract.

      • T K

        Et puis c’est “should have” ou “should’ve” mon boy.

  • NickofTime

    If Melnyk would have only paid cash for the team instead of borowing the money to buy the team & the arena when he had the money before all of his financial problems the team would be financially sound right now. Melnyk is the biggest reason this team can`t improve itself right now, it`s all about the money or in this case not having enough of it.

    This team only needs to make one deal, they need to trade Conacher, Condra & Corvo along with a 2nd rd 2014 pick to Florida for Tomas Fleischmann. Talon has said he is willing to take money back, he has said he wants young players & picks & Fleischmann is rumoured to still be available & cheap. That would give Ottawa two legitimate potential 50 pt wingers to play with Spezza (Fleischmann & Michalek) & BM could also add Stone, another offensive catalyst to the team. Yes, the defence needs to be better & they will be with time & experience but have a high scoring offence could also help the defence. If a defencemen is available at the deadline they could add one then & use Puempel as bait..

    • SenaTHOR

      When you borrrow money the interest is expensed. (write off). Good move in my book. You put investers money in pay the interest Write off the interest and if you go broke it’s someone elses money. Whats so dumb about this?

    • sprucesens

      seriously, enough with the fleischmann love. every couple days. Not saying he is a horrible target. but the deal you just proposed is absolutely horrible. 4 pieces for a 2nd liner. while i’m huge on board for more pieces leaving and a better piece coming back, we need to keep some picks, and our 2nd is the highest we have.

      More importantly, NO, we aren’t trading puempel for a stop gap D. Even if it was a legit top 4. We can’t do a rebuild to acquire a bunch of top end talent, then trade it away. What we need to trade is guys like condra and greening who have overachieved for the past couple of years, and it wasn’t exactly a high point. Even if its a low pick coming back. Its time to finish the rebuild, and get a solid 3rd line rolling with actual scoring talent. We do that, instead of trading the future away.

      • NickofTime

        Seriously, don`t comment on it then. While so many post trades for guys like Kane, players that teams won`t be made available, Tallon has said all of his players are available. Fleischmann is not a 2nd liner, do your homework, he has lead Florida in scoring for three yrs now & is a former 50 pt player like Michalek. Place him with Spezza & Michalek & Spezz has two former veteran 50 pt forwards on his wings that would take some pressure off the Turris line. Everybody always wants the star names to trade for but they are very rarely available, this guy is. Getting rid of Conacher & Condra allows Zibanejad to be put with Grant & Stone to create a young dynamic kid line with speed, defensive awareness & scoring potential. They also have good size, good at faceoffs & compete along the boards & in front of the net due to their size. This would cost less & hopefully get rid of a couple of guys this team no longer needs.

    • PalladiumDrive

      I like your thinking. Replace Stone though with Hoffman. Need more speed in today’s game. Don’t trade Puempel. Use Pageau or DaCosta (or both) as bait.

      • NickofTime

        The idea was to put Fleischmann with Spezza & Michalek so Spezza would have two former 50 pt forwards on his wings. That should give Ottawa two good veteran scoring lines the team can depend on. Then add Stone to a kid line made up of Grant & Zibanejad who are both big, fast & defensively responsible & control their minutes. Stone would add the playmaking & potential scoring to that line along with Zibanejad while Grant is very good at faceoffs. Stone made not be as fast but the other two`s defensive abilities make up for that. That leaves the Greening, Z. Smith & Neil line that PM seems to like to throw out there when needed. I like Hoffman but he has been disappointing before when brought to Ottawa, while Stone has impressed & scored everywhere he has been.

    • PalladiumDrive

      Also, FLA won’t want Corvo is they want to go young. So likely the right offer is Condra and Conacher. 3rd round pick if needed to seal the deal.

      • NickofTime

        Tallon has said he is willing to take money back which is why you would have to include a couple of roster players & BM has said he has to send money the other way to reduce the amount of salary coming in. JOB could easily get thrown into a package so BM doesn’t have to pay him an NHL salary to play in BIngo.

  • Luc Wolfe

    Erat wants out of DC. dont think he is the answer but it’s always a possibility. I suppose

    • hq8

      age is a big factor there.

      • Nikesh Bost

        As is his massive cap hit

        • hq8

          similar to MM9…..4.3 vs 4.5

          • WolfInSheepsClothes

            More importantly, his actual paid salary over this season and next is the same as what MM9 is getting this year alone ($6mill)

    • Mat

      Erat has always been a steady performer in Nashville. No reason to think he can’t get back to that. He’s been used to a team game mentality for years. Washington may be too much of a one man show… I’d swap MM9 for him in a second. Make that a micro second. I’d even pay for the bus ticket to Washington…

    • Mike Bauer

      This would be one of the worst moves you can make. The big difference between Erat and MM, is MM is supposed to be a top6 player. Erat is a 3rd liner at best who overachieved. Basically by getting him, you are going to be downgrading from a player who is already struggling. It will be more of the same…we have too many 3rd and 4th liners…its as simple as that.

    • NickofTime

      Too old, too small, too soft & too expensive for what he brings at this point of his career. IMO he is no different than Conacher who is at least younger. Michalek is a much better player in that he is bigger & can compete more for pucks along the boards, is much better defensively & much tougher. Stop going after these small soft players who don`t compete.

  • SenaTHOR

    For those who keep harping about Melnyk being cheap please remember that his wife probably took him for half. She walked with a lot of CASH. I can see him not spending more than he’s going to make. Its just smart business. Bloggers opinions might not have the same financial strategies. LOL. Its easy for a bunch of schmuckss to say spend spend spend when many themselves are to cheap to buy tickets.

    • Luc Wolfe

      i understand your point of view but trying to compete in the league with a cap lower then everyone else, won’t bring you far in the season. If he’s not willing to spend for the team to be competitive the fans will not spend to go see the team, and that’s exactly whats happening at the moment. Team are missing a top 6 forward and another veteran dmen that has some offensive flair. So don’t wanna help the organisation to be successful, i wont bother going to some games, since I never know what sens team will show up.

      • SenaTHOR

        Really a true fan doesn’t set conditions.

        • xiorcal

          So is it Luc or Melnyk that is not a true fan by your reasoning? :P

          • Luc Wolfe

            i dont want to waste 150$ to go see a team that wont show up for the fans, theirs losing in style and their’s just bad hockey. You think the empty seats are only people that have a bad cold and can’t attend or fans that would like to see a trade to help the situation if I see the management is doing something to improve the play and they play with heart, and they still continue to lose, I’ll go support them, but give me my moneys worth, that’s all.

          • SenaTHOR

            You can’t believe that the players aren’t trying. These guys are making big money to perform. Maybe its coaching/chemistry/bad luck, lack of skill, but trying, I don’t think so.

          • Mike

            It is quite sad that I can remember a time when Ottawa fans went to the game just to have fun, and didn’t care about the score. I guess this is what happens when the team has a bit of success — everyone expects the team to win all the time, even if that’s not realistic, and when it doesn’t happen, they jump off the bandwagon. Also, last I checked, you don’t have to spend $150 to go see a game — I’ve been to several games this season and never paid that much for a seat, and had fun regardless of the score.

          • xiorcal

            The problem is not about going to the game or not. The problem is that every sens fan in here knows this team is better than what we are seeing on the ice right now. But we need a shakeup. I don’t mind not being at max cap but it really suck to have a really good GM not able to work with the same tool as the rest of the competition. Regardless this is not going to affect the number of game i’m going to attend this year.

          • Mike

            Except are we actually better than we’re playing? Is it not possible that we simply overachieved the last two years of the rebuild (with the last year being a shortened season no less too)? Why do we need a shakeup — wouldn’t it make more sense for our young players to learn from this adversity and get better on their own than shipping them out? Change for the sake of change is a pretty poor reason for doing so. Also, do we know for certain that Bryan Murray’s hands are tied from making a deal that would improve the club? Ottawa has always been a budget team since the mid-90′s, so I don’t know where people are getting the idea that it is a sudden revelation. Lastly, we are technically still in year three of the rebuild, so wasn’t the plan to build within before going on a spending spree to fill in any gaps?

          • xiorcal

            08-09 10th biggest payroll, 09-10 6th, 10-11 14th, 11-12 26th, 12-13 25th, this year 26th. If we are in the last year of the rebuild are we not suppose to see the payroll increase a bit. The offence is doing ok on this team. Shot per game is in the top 10 and we average 2.83 goal for per game. We rank third in shot against per game so something must be done to correct the situation. I like the play of Boro since he got here but id love to see the team add a top 4 defensemen.

          • Mike

            What top 4 defenseman is readily available to be had? Keep in mind that you’re likely going to have give up some good players to get one — so the price is going to be steep. Also, we have a lot of good prospects on D, so you’re likely taking away a spot from someone who could likely fulfill the role in the not-so-distant future.

            I agree that the Senators have had a setback this year so far compared to the previous two; but in the grand scheme of things, we’re still in a rebuild and realistically should have only been expecting to push for a playoff spot this year. If we were to stick to the original plan, the payroll should start to increase next season when we should be making a push to be a legitimate Cup contender, not just a playoff team. Let’s not fall into the mentality of the Leafs, where a bit of success or a bit of failure causes them to panic and make poor player personnel decisions to try to achieve more than what is realistically possible at the moment. Patience is key, and Bryan Murray is doing a superb job with sticking to the plan.

          • PalladiumDrive

            I like that the fans are not showing up. While I don’t believe this it is the fan’s intention to send the very message that if you don’t spend, we don’t spend, it’s the same result. Show Melnyk that he stands to lose more by not spending. If gate attendance drops by 2,000 per game, that is 82,000 over the entire season. Average gate price (for the seats that are empty is say, $50. Concession income drops by about $10 per empty seat, again, I’m guestimating). In total, that’s about a $5 million loss of revenue. Does spending the extra $5 million on a player of that calibre bring in the extra fans? Probably not. But if he spends that and more, with Murray picking the right free agents or making the right trades, it gets them into the playoffs which is all profitable revenue.

            Melnyk is going for cost certainty here. I get that. But it’s hurting the team. If he wants cost certainty to this degree, he needs to get out of the business of hockey. We all know that sports is unpredictable.

          • SenaTHOR

            Melnyk OWNS the team. Being a fan is a non issue here. He wants to make money like every good capatalista.

          • xiorcal
        • Aaron 2.0

          I think Luc’s argument has merit. When a team is doing really well, it gets people talking, and you are more likely to think about picking up some extra tickets. Sure the “true fans” will go no matter what. But, these guys on their own can’t fill up the barn. It’s the suburban Dad who hears how good the team is doing at the water-cooler and picks up a few extra tickets at Christmas for his family. It’s this sort of fan that you also need to sell-out in a smaller market like Ottawa. Right now, the public relations surrounding the team hasn’t been great (Alfreddson leaving, Melnyk sounding poor). Add in that the one-ice produce isn’t great, and you’re bound to have empty seats in Ottawa.

      • hq8

        i think the problem is besides that issue: this roster has performed as recently as last season, so really a crazy upgrade and/or addition wasnt needed and arguably still isnt.
        i dont think a ufa signing or a trade is going to fix “taking lower tier teams lightly” or “not ready to start” or “not playing hard enough to win” type of issues. these are the main core issues the sens are having. they have the talent, the skill and the proven records for everyone to know how they can perform and also more importantly for everyone to have higher expectations. I think a lot of fans are completely discounting some basic facts: the majority of this sens roster has played pretty good the past two season (including the major culprits this season: cowen, greening, condra, gryba). Sens D was assessed to be an area of strength going into the season with the loss of Gonchar actually seen as a positive. Sens front end was deemed to be better rounded and more capable going into this season than it has ever been since 2007 – that was a unanimous consensus opinion. So, Melnyk doesnt need to spend per-se.
        now there is one thing that does bring his spending into the issues: alfie’s departure. I have come to the conclusion, unfortunately, that alfie’s absence hurts this team. I think the last two years, his leadership, drive and intensity kept this team from completely spin-wheeling when faced with adversity. Spezza is great, but he doesnt have alfie’s persona and air around him. Neil and Phillips are not leadership material. I think in hindsight, this team would have been better off retaining Alfie. They would have been better off sucking it up and not letting go of something that has been working for the sens regardless of every other factor for the last 17 years: this team goes where alfie goes.

      • PraiseAlfie11

        Sens are 3rd in east for scoring, 2nd to last goals against. A top 6 forward wont address anything imo.

        • Luc Wolfe

          are you saying we need ryan miller?

          • PraiseAlfie11

            I’m saying we need michalek and spezza to get back in the groove and not be -9 each.

    • bluebuyyoo

      Is that you, Eugene? ;-)

      • SenaTHOR

        Nope just a schmuck with some business experience dealing with people who think that everybody else should spend money to save you money. Doesn’t work like that!

  • Mat

    What’s with the contingent of overpaid, underperforming Czech players? Michalek, Hemsky, Erat, Havlat?? Missing anyone? This is not looking good for that country’s Olympic hopes..

    • Sensnation

      Czech’s haven’t been relevant in almost a decade, though they also have Krejci and Plekanec.

      • Mike

        A bronze medal at the Olympics in 2006, and a gold and two bronze medals at the 2010-2012 World Championships. Seems like they’re pretty relevant to me.

        • Tooks

          BURNED!

          • Sensnation

            Really Tookie? Haha, too sad!

        • Sensnation

          World Championships are half rosters for most of the elite teams. Czechs winning that while all the good players are still in the playoffs means so little! Also, 2006 WAS almost a decade ago. Is 8 years too far from 10 for you?

          • Mike

            It’s still within the last decade, last I checked, which is the point you tried to make.

            Yes, many of the elite players from all of the countries are absent, and but teams from Russia, Sweden, and Canada have still managed more than a few medals in the last decade without their star players too. Czech Republic national team is still a force in the hockey world. Sorry to burst your bubble.

  • RUSH RLZ

    Man it’s going to be a long two days…. and then an even longer two days if we don’t get our shit together. I am quickly progressing from “we can get out of this slump” into “our team sucks this year” mode.

    • hq8

      our team does suck this year so far

      • Tooks

        I think you should be way past the “we can get out of this funk” mode already…How worse do the Sens have to play? We have won 1 legit game, where we actually came out flying and played 60 minutes and thats the 1st Det game, the Boston win and 2nd Det game those can be attributed to BOS and DET playing like shit.

  • RUSH RLZ

    As per McKenzie:

    CAR’s Kevin Westgarth has phone hearing with NHL tomorrow for hit on OTT’s Mark Borowiecki.

  • bob

    Not sure why the cap is an issue, its good business, IF/When we find someone, and the rest of the team can compete for the cup, then we’ll have resources to do so. As a fan, I’d like that now rather than later…but
    remember the NYR of yesteryear? Largest payroll, by a large margin, didn’t even make the playoffs.
    Spend to the cap is great, if you have players that’ll get you a cup, so if we take the attitude of a lot of people, we could be at the cap and still in last place. Now what?? Trade, can’t, at the cap. Trade, can’t, too much salary on already crappy players. Trade, can’t, no one want our crappy players that make too much money.
    I certainly don’t have the answer, but throwing more money is??
    I am truly, a frustrated sens fan

    • Mike

      Precisely. Throwing more money at a problem is never the answer, and yet people constantly do it hoping for a different result. It’s insanity.

  • Sandy

    So if the Sens had operating income of 6M — where is the 10M loss per year (avg) that Melnyk keeps talking about?
    IF he won’t spend to make this team competitive.. and Spezza & Ryan walk over that or lack of getting what they want $$ wise.. then he might as well sell the team.. as fans will stop going.

    When other teams in your division spend money to make their teams better and the Sens don’t.. then we will be the next Oilers. Forever re-building and no one wanting to sign with them as a UFA.
    Owners that make less money on their teams than the Sens (according to Forbes) are spending money near the cap to improve their teams.

    I guess they have finances outside of their NHL ownership and can afford to do that.
    Should we start a petition and send to Eugene? Either spend to help the team or sell it..

    • sprucesens

      a petition may help, but not necessarily on eug spending. more towards selling. From a business perspective, i doubt the senators are tops on his list. He saw a good oppurtunity when they were cheap, and took it. Now that his other assets are in trouble, he is using the sens as a way to generate money/not cost him anything. Hence a budget. As a hockey fan it sucks. But as a person, its easy to understand him not wanting to spend millions to make a team better.

      We can all say we want trades and spending, which i do. However, its not my dollar, or in this case, millions of, and more importantly, entire livelihood on the line. If i stop paying to watch the sens play, oh well. They can keep playing and winning or losing. However, To eugene, its a very hefty investment. Something to consider when we complain about his spending. If it is a problem, yes he should sell the team, and for all we know, he could be looking hard for that right now, maybe even for years.

      I even think its been confirmed that he wants a partner, but wants to remain in control, because he does love the senators, he just can’t afford to do it by himself right now, and no one wants to step up and help him, without getting control. Tough situation. Hopefully murray can find a way to make it work

    • Zorav

      You have stated yourself it is a 10M loss per year ( AVG.) . That just means when he took over the team he lost a whole lot more than 10M and in the last two years he’s made a profit. Essenatially it all averages out to be 10M loss per year. Doesn’t mean he’s losing 10 every year.

      • sonofabutcher

        My guess is that the operating income of $6M does not include interest costs on the debt (or corporate taxes). In order to properly compare the teams they would do this (normalize) as some teams will have more or less financing (or operate in different tax jurisdictions) then others plus it is unclear if the debt is held against the team or against a consolidated enterprise that would include other subsidiaries such as capital.tickets.com, the building and the other non-NHL hockey event revenue it may generate. If there is $150M in debt @ 10% = $15M in interest payments. This just happens to be the difference between an operating income of $6M and an operating loss of $10M per year. That would be how I would reconcile the two numbers

        • Tooks

          Bang on SoB.

  • ProudSens

    Melnyk looks like he should be doing a Wiser Commercial doing the slow clap. Too funny.

  • gds

    hey chirp ive seen the heritage classic jersey, it is the white version of the black, and the lettering will be made with felt

    • SensChirp

      As expected.

    • sprucesens

      good to hear from you. hope the jersey looks nice, as i plan on going to the game!

  • luckan20

    It is a good news, but won’t help an owner to spend. He will want BM to trade some contracts and build within. Guys, Greening is only getting paid close $900K this season, but will be making $2M and more in the prior two years. It is lot of money for a player who don’t score much. Eugene will love to see Michalek $6M off the book and will like to have Hoffman and Stone in NHL. Therefore, we are not going to see much from trade. We have a crowded blue line and am not sure BM will want to add unless some of the contracts heading the other way.
    Who in the right mind will want to add an inconsistent player to their roster ???? If Panthers or any team looking for players from our end, they better be ready to hear from BM about Michalek, Greening, Condra, Corvo and Wiercioch.

  • Sensturion

    Let it be known that while Ottawa may have lost to Columbus, at least we weren’t massacred by them like Toronto!

    • Tooks

      Might aswell have been 6-0 They humiliated us on home ice. Same difference, its still a loss, an embarrassment.

  • 65kwhissell19

    any updates on boro 74

  • Andersonfan41

    Just wondering witch defencemen does everybody on hear want Murray to trade for?
    Also just wondering witch top six forward does everybody want Murray to trade for?
    I know I would like see Murray somehow end landing Matt Moulson.
    Also Go 49ers Go

    • Mike

      I’d prefer they didn’t get witches, but I’m fine with warlocks.

    • Phoenix

      I’d like to see a swap of Michalek for Erat and then another forward
      brought in as well. The cap hit might be similar but out of pocket Erat is cheaper overall. Rebuild that 2nd line with Spezza. I think Setoguchi
      could be a good winger for Spezza but I doubt Winnipeg would move him.

    • Tooks

      Del Zotto would be the perfect move. Very mobile with a good D and O game. And he’s only 23.

  • SenaTHOR

    The Bruins Pens game was excellent. Note to Sens.. on the breakout Boston OFTEN had 5 players moving under the faceoff dot in their own zone…Great breakouts. Short passes=greater chance of keeping possession.

    • Mike

      Yes, the Sens need to get back to basics by simplify their game and working as a team – no more of the fancy one-man breakout that ends in a turnover. :)

  • SensChirp

    Looks like Disqus has rolled out their new mobile version. Much easier to follow the conversation mow. What do ya think?

    • karlssens

      It’s much better.. Still some type lag, but it can’t be perfect!!

  • Millennium

    TSN is losing out on NHL broadcasts for 12 years? What?

    Bob McKenzie ‏@TSNBobMcKenzie3m

    Official announcement expected Tuesday by NHL: CBC and Rogers have exclusive English-language NHL rights deal. Believed to be 12 year deal.

    • T K

      Rogers have the only decent Sens coverage IMO even if TSN have better overall hockey experts

      • Millennium

        TSN’s production value and panels are head and shoulders above Sportsnet. But I prefer Dean’s calling of the games for sure. Right now the main difference is Sportsnet feels regional whereas TSN tries to be national (with sadly obvious Toronto bias). If they could get somebody like Duthie or Mackenzie, it would help immensely to bring their product to a more ‘big time’ feel.

        • sprucesens

          wow, thats crazy. i thought for sure it would be going the other way, with cbc giving up rights. That was just my idea since they weren’t even willing to keep the HNIC song… Most sens games aren’t on tsn anyway, but i imagine they will still be able to keep the panel and all that in tact. Unfortunately, ratings and viewings will drop drastically, as no one in canada will be watching that channel….

          Normally i’d be ok with sportsnet taking it, but sportsnet east is NOT AVAILABLE on shaw in edmonton. How stupid is that!! We can get all the others, ontario, pacific, west, central, one and so on…

  • T K

    I’m hoping that someone here may be able to answer a question about hockey history. When the game was initially played and the first sets of rules were formulated, each team was allowed 3 forwards and 3 defense. In which year was the switch made to 2 defense?

  • Alcatraz

    Living in Barrie and regional blackouts, I am a huge fan of this new TV deal due to the following:

    “In addition, the NHL says the agreement guarantees that there will be no further regionalization of games or local blackouts.”

  • Alcatraz

    Chirp can you find out if this TV deal, means if Sportsnet East will continue to televise upwards of 50+ Sens games, or will the regional coverage now be limited due to the bigger deal?

    Because this statement has me worried:

    “There will be no further regional games or local blackouts. Rogers has exclusive window to broadcast any game w/ Canadian team Wed/Sat/Sun.”

    • Doc

      No more blackouts from what I can gather. This is huge news for everyone!

      • Alcatraz

        For sure, the lack of regional games is the question in the air for me. Will Sportsnet continue with their sens regional coverage or will that get lost in the mix

        • FBP

          I think they’ll still be producing the games, but folks in Toronto or wherever can watch now.

  • Alcatraz

    so more info on TV deal. Its not just sportsnet, City tv will also air games.

    Here is a sample of a Saturday night schedule: http://twitter.com/PR_NHL/status/405342303608258561/photo/1

  • Killadi

    I think the Sens are one top four D n 1 top 6 forward from becoming a contender and we are operating within an internal budget which is 12 million less than the league max. If we were to operate at the cap we would be able to land these players and be a contender.

    Ppl will show up to more games, grow our fanbase, specially those Habs and Leafs fan that live in Ottawa. If we make it deep in the playoffs or win a cup then we would be able to attract those fans. I don’t understand why ownership and management don’t see the big picture.

  • FBP

    Melnyk is so disheartening.