Senators’ Eugene Melnyk pledges to spend close to salary cap from 2021–25

The Hockey Central panel discuss the statements made by Senators owner Eugene Melnyk about how the team will approach the NHL salary cap in the future.

Senators owner Eugene Melnyk has a blueprint on how to bring the Stanley Cup to Ottawa.

During a corporate event in Toronto, Melnyk said that the club’s expectation is that their rebuild will take another season or two, according to a press release form the team.

However, during the event, Melnyk said that the organization is “all-in” for a “five-year run of unparalleled success,” and that he plans to spend close to the NHL’s salary cap every year from 2021–25.

The Senators currently have roughly $7 million in cap space at the moment, with just $44.7 million of their cap hit accounted for next season. As it stands, only winger Bobby Ryan‘s contract is on the books for the 2021-22 season.

General manager Pierre Dorion and the club’s front office have a few key names to make decisions on heading into the trade deadline and off-season, most notably unrestricted free agents Mark Stone and Matt Duchene.


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