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.