The Ottawa Senators have been on a gradual climb since being taken over by owner Michael Andlauer and general manager Steve Staios. That ascension helped justify their acquisition of center Dylan Cozens and winger Fabian Zetterlund at the 2025 Trade Deadline. Those additions helped push the Senators to their first playoff appearance since 2017 – but the team’s rise isn’t over yet. Ottawa ranks second in the Atlantic Division through the early season and is now hoping to land a forward and defenseman on the trade market, per TSN’s Darren Dreger and Jamie Duthie in their intermission segment during Friday’s loss to the St. Louis Blues and captured by Julian McKenzie of The Athletic.
Dreger added that he doesn’t expect the Senators to be “big game hunters” and that top prospect Carter Yakemchuk would be off the table in trade negotiations. Yakemchuk is playing through his first professional season and currently has 14 points and a minus-11 in 20 games with the AHL’s Belleville Senators. He’s a hard-hitting, offensive-defenseman who seems well equipped to bring his flashy offense to Ottawa sooner rather than later.
If Yakemchuk is off the table, Ottawa is likely to exclude any of their top prospects in negotiations. That could include University of Wisconsin defender Logan Hensler who the team acquired after trading back in this year’s draft, and winger Stephen Halliday who scored his first NHL point last week. That could leave Ottawa in a bit of a bind. Their acquisition of Zetterlund revolved around a package of future assets, and the Senators sit in the top-half of oldest rosters in the NHL.
That could make draft capital their shiniest asset headed into the trade season. The Senators are without their first and second round picks in the 2026 draft, but have all of their top picks in the drafts beyond that. They also have Buffalo’s second-round pick in 2026, which could be valuable if the Sabres stay near the bottom of the league. A couple of high-value draft picks should be enough to land Ottawa a few difference-makers on the open market, especially if they’re willing to package them with a prospect like Blake Montgomery or Gabriel Eliasson.
Who Ottawa could go after will be a tough question. Calgary Flames assets Nazem Kadri and Rasmus Andersson are both #1’s at their position, and likely represent that big game hunting Dreger mentioned. Instead, Ottawa could find a match pursuing St. Louis Blues veterans Brayden Schenn and Justin Faulk. Or maybe they could benefit from the Nashville Predators continued struggles and acquire wingers Jonathan Marchessault or Michael Bunting. Ottawa could even find a package deal from the San Jose Sharks, who are bound to be offering center Alexander Wennberg and defender Mario Ferraro on the open market.
The range of price could vary widely, and change significantly before the Trade Deadline in March. But there’s no doubt that Ottawa will be a welcome addition to a buyer’s market. There are plenty of former Stanley Cup champions and hopefuls available for trade, and landing one or two could go far in boosting Ottawa’s offense to Conference Final aspirations. The Senators are projected to have $13.68MM in cap space at the Trade Deadline and $22.57MM by next off-season, per PuckPedia. That should be more than enough room to squeeze one or two more players into the top of the Senators lineup. As proven last year, those mid-season additions could take Ottawa far.