Senator Cap Pickle

Created by: KrakenTheCode

Team: 2023-24 Ottawa Senators

Initial Creation Date: Aug. 17, 2023

Published: Aug. 18, 2023

Salary Cap Mode: Basic

Legend

Left Handed

Original Team

Waivers Exempt

Right Handed

Position

Trade Clause

Max Perf. Bonus

Expiry Status

Term Remaining

McDavid, Connor

$12,500,000 ( Performance Bonus

$250,000)

NMC

UFA - 5

Description

I'm not a Senators fan, but their situation caught my eye. Ottawa is right up against the cap ceiling after signing Tarasenko, and still have to sign Pinto. I used McLeod's bridge deal with Edmonton as a comparable for Pinto's next contract, as both are young depth centers for their current clubs with plenty room to grow. Pinto was more productive last season but McLeod had more leverage via arbitration rights, so I think their contracts will be in the same ballpark.

Barring Forsberg or anyone else from the main roster opening the season on LTIR, the Sens will have to shed some money before the season starts. Joseph or Kubalik are the most likely candidates in my mind, with whomever proves to be the better fit in training camp sticking around while the other is shipped out. Below is one trade scenario I could envision for Ottawa to become cap compliant, and one that wouldn't necessitate the Sens giving up any more high draft picks while still being palatable for the other team.

As always, let me know your thoughts; helpful feedback is always appreciated!

Free Agent Signings

RFA		YEARS	CAP HIT
Pinto, Shane		2	$2,100,000
Sokolov, Egor		1	$825,000

Trades

OTT

Ellis, Ryan

Additional Details:

Ellis's NHL career is by all accounts over due to injury, so his contract will be placed on LTIR to make Ottawa cap compliant. Operating in LTIR isn't ideal but the Sens were likely going to be right up against the cap in any case, and this way they duck the cap line without having to give up any high draft picks.

PHI

Joseph, Mathieu

Additional Details:

Since the Flyers are well under the cap, Ellis would have been on IR for them instead of LTIR. This way, Philadelphia gets real money and cap savings, so they have the flexibility to take on contracts in exchange for assets to help further their rebuild. They also get Joseph, who is still in the prime of his career and a decent if somewhat overpaid depth forward. He would be able to eat minutes for the Flyers while their prospects develop and potentially serve as a trade chip down the line.

Buyouts

Bobby Ryan: $1,833,333
Colin White: $875,000
Michael Del Zotto: $750,000

Retained Salary Transactions

Matt Murray: $1,562,500 (25%)

Draft	Round 1	Round 2	Round 3	Round 4	Round 5	Round 6	Round 7
2024
2025
2026

ROSTER

LONG-TERM OUTLOOK

EMBED

TEXT-EMBED

ROSTER SIZE	SALARY CAP	CAP HIT	OVERAGES	BONUSES	CAP SPACE
22	$83,500,000	$80,942,380	$0	$1,850,000	$2,557,620

Left Wing	Centre	Right Wing
Tkachuk, Brady $8,205,714$8,205,714 LW UFA - 5	Stützle, Tim $8,350,000$8,350,000 C UFA - 8	Tarasenko, Vladimir $2,500,000$2,500,000 RW NTC UFA - 1
Giroux, Claude $6,500,000$6,500,000 RW, C NMC UFA - 2	Norris, Joshua $7,950,000$7,950,000 C UFA - 7	Batherson, Drake $4,975,000$4,975,000 RW, LW UFA - 4
Greig, Ridly $863,333$863,333 C, LW RFA - 2	Pinto, Shane $2,100,000$2,100,000 C RFA - 1	Kubalik, Dominik $2,500,000$2,500,000 LW, RW UFA - 1
Kelly, Parker $762,500$762,500 LW RFA - 1	Kastelic, Mark $835,000$835,000 C, RW RFA - 2	MacEwen, Zack $775,000$775,000 RW, C UFA - 3

Left Defense	Right Defense	Goaltender
Chabot, Thomas $8,000,000$8,000,000 LD UFA - 5	Chychrun, Jakob $4,600,000$4,600,000 LD/RD M-NTC UFA - 2	Korpisalo, Joonas $4,000,000$4,000,000 G M-NTC UFA - 5
Sanderson, Jake $925,000$925,000 ($1,850,000$2M) LD UFA - 1	Zub, Artem $4,600,000$4,600,000 RD M-NTC UFA - 4	Forsberg, Anton $2,750,000$2,750,000 G UFA - 2
Brännström, Erik $2,000,000$2,000,000 LD/RD, LW RFA - 1	Bernard-Docker, Jacob $805,000$805,000 RD RFA - 2

Scratches	Injured Reserve (IR)	Long Term IR (LTIR)
Hamonic, Travis $1,100,000$1,100,000 RD NMC UFA - 2		Ellis, Ryan $6,250,000$6,250,000 RD UFA - 4
Sokolov, Egor $825,000$825,000 LW RFA - 1

Top Comments

Aug. 18, 2023 at 12:24 p.m.

GMDannyB

Danny B is here

Joined: Jun. 2023

Posts: 5,063

Likes: 1,969

The overwhelming majority of Ellis’ contract is covered by insurance so the flyers aren’t paying him basically anything and we don’t need to move his contract because we aren’t looking to compete. And we are going to take on another team’s terrible contract unless we are incentivized to do so. Joseph is still owed $9M+ over 3 years I wouldn’t touch him without at minimum a 2nd and a prospect coming back our away.

Levig01 and palhal liked this.

Aug. 18, 2023 at 12:59 p.m.

sens65

Joined: Mar. 2018

Posts: 7,161

Likes: 3,516

Quoting: GMDannyB

$9 million over 3 years sounds like a terrible contract but when you realize that Joseph is at worst a $2 million player and probably a $2.5 million player, its not that bad at all. The Sens would love to keep him if they could stay under the cap.

TCMonkey liked this.

Aug. 18, 2023 at 1:00 p.m.

palhal

LongtimeLeafsufferer

Joined: Jul. 2015

Posts: 59,855

Likes: 22,860

As GMDannyB suggested above, Ellis's LTIR isn't that significant in any deal.
Ottawa might just be pleased to get rid of a contract....Joseph in this case.....for free. Can they find a team, well that might be difficult. Gee, Thomas Tatar is out there and could be signed for under 2m.

GMDannyB liked this.

Aug. 18, 2023 at 1:01 p.m.

GMDannyB

Danny B is here

Joined: Jun. 2023

Posts: 5,063

Likes: 1,969

Quoting: sens65

He’s a 3rd liner at absolute best realistically less than that. No thanks. Find another team to dump him on

sens65 liked this.

Aug. 18, 2023 at 1:04 p.m.

sens65

Joined: Mar. 2018

Posts: 7,161

Likes: 3,516

Quoting: GMDannyB

He’s a 3rd liner at absolute best realistically less than that. No thanks. Find another team to dump him on

He was on track for 26 points in a down year, and is very good at carrying the puck up the ice and penalty killing.

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