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Ottawa Senators Expected To Take Alex DeBrincat To Arbitration

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“He doesn’t want to sign here.”

That’s how blunt Bruce Garrioch of Postmedia was today, when discussing Alex DeBrincat’s future with the Ottawa Senators. Garrioch reports that the Senators have elected to take DeBrincat to arbitration, attempting to get the possible 15% reduction on his $9MM qualifying offer.

That does not mean they will necessarily receive it. As suggested by the name, an arbitrator will decide what DeBrincat’s salary in 2023-24 will be, based on his previous contracts and performance.

It was always a risky play, going after the young forward. Ottawa sent the seventh and 39th overall picks in 2022 (plus a 2024 third-rounder) to the Chicago Blackhawks in exchange for DeBrincat last July, with only one season remaining on his contract. The three-year, $19.2MM deal was heavily back-loaded, forcing any RFA qualifying offer to skyrocket to $9MM.

If DeBrincat doesn’t want to play in Ottawa, he could simply take the one-year arbitration decision and hit unrestricted free agency in 2024 as a 26-year-old with two 41-goal seasons under his belt.

The Senators could get up to 15% off that $9MM, meaning the award could be as low as $7.65MM.

Of course, that doesn’t mean he’ll actually be playing in Ottawa next season. The club is in active trade talks to move the young winger and recoup some of the draft capital they spent last year.

Though he didn’t put up 40 goals, DeBrincat still showed off his scoring touch with the Senators. In 82 games, he lit the lamp 27 times and racked up 66 total points, good enough for fourth on the team behind Tim Stutzle, Brady Tkachuk, and Claude Giroux. In a 450-game NHL career, he now has 187 goals and 373 points.

Poll: Where Will Alex DeBrincat Play Next Season?

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Yesterday, the sale of the Ottawa Senators finally came to fruition, as a former minority owner of the Montreal Canadiens, Michael Andlauer, purchased the Senators for $950MM. The next question up for Ottawa this offseason is what to do with pending restricted free agent forward, Alex DeBrincat.

As the Stanley Cup Finals got underway, there were reports indicating that DeBrincat felt uneasy about signing a long-term extension with the Senators given their murky ownership situation at the time. However, recently, some reports indicated that DeBrincat had a desire to stay in Ottawa, citing his close relationship with the coaching staff and teammates.

Acquired in a trade with the Chicago Blackhawks offseason, the Senators paid a steep price, giving Chicago their seventh and 39th overall picks in last year’s draft, as well as their third-round selection in 2024. As DeBrincat is due a $9MM qualifying offer before the contract tender deadline, both the team and the player have to come to a conclusion soon.

Although not living up to his goal-scoring expectations this past season, DeBrincat did manage a career-high in assists with 39. An offensive specialist for much of his career, DeBrincat would be a great addition to most teams’ top six.

Where do you think DeBrincat will be playing next season?

Snapshots: Senators Sale, Canadiens Staff, Knoblauch

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The new owner of the Ottawa Senators was revealed today, with Canadiens minority owner Michael Andlauer proving victorious after a long sale process. But while we now know the identity of the team’s new owner, the team won’t officially change hands for a few more months. Postmedia’s Bruce Garrioch reports that the deal for the team may not close until September, as there remains “a lot of work to be done” and Andlauer must also sell his stake in the Canadiens before taking control of their division rival.

As a result of that wait, no significant changes to the team’s hockey operations department are expected until Andlauer assumes full control of the franchise, according to TSN’s Darren Dreger. Steve Staios, currently an Edmonton Oilers executive, has been widely reported to be of interest to Andlauer as a potentially significant addition to the Senators’ front office, and it’s possible that Andlauer would prefer to have different people in charge of hockey operations than the two figureheads currently in place: general manager Pierre Dorion and head coach D.J. Smith. But while it could very well end up being the case that Andlauer prefers new hires, it seems the current status quo will remain in place through this offseason, an arrangement that could have an impact in the team’s ongoing decision-making regarding star forward Alex DeBrincat.

Some other notes from across the NHL:

  • While a variety of factors influenced the Montreal Canadiens’ fall from 2021 Stanley Cup finalist to league basement-dweller between 2021 and 2022/2023, one significant contributing factor is injuries. The team has been absolutely ravaged by injuries over the past two seasons, including this year when 2022 number-one pick Juraj Slafkovsky and star forward Cole Caufield were among the multitude of Canadiens to suffer season-ending injuries. The Canadiens have placed a high priority on player development at this stage of their rebuild, but head coach Martin St. Louis’ development efforts have been consistently hamstrung by injuries to key young talent. Now, off-ice changes are being made to address this situation. TVA Sports’ Tony Marinaro reports that the Canadiens have parted ways with head physiotherapist Donald Balmforth and head athletic therapist Graham Rynbend, a report that was confirmed by Jean Francois Chaumont of Le Journal de Montreal. 
  • The New York Rangers will retain Kris Knoblauch as their AHL head coach for next season, according to The Athletic’s Arthur Staple. Knoblauch was a candidate for the Rangers’ head coaching vacancy and has been the bench boss for the Hartford Wolf Pack for the past four seasons. He led Hartford to the AHL playoffs this past season and upset one of the Eastern Conference’s best teams, the Providence Bruins, in a playoff series. Knoblauch, 44, will look to build on the progress made for Hartford this past season and make a push toward Calder Cup contention.

Patrick Roy Resigns From QMJHL’s Québec Remparts

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9:56 a.m. CT: Roy told the media this morning that “absolutely [no]” NHL team has reached out to him yet about a coaching position.

9:35 a.m. CT: NHL head coaching hopeful Patrick Roy announced today he’s leaving his post with the QMJHL’s Québec Remparts, reports TVA Sports. Roy and his Remparts just won the 2023 Memorial Cup, defeating the WHL’s Seattle Thunderbirds with a shutout win in the final game.

It’s quite auspicious timing for the announcement, given the sale of the Ottawa Senators to Michael Andlauer was agreed upon in principle this morning. Roy, who’s been connected to Senators coaching vacancies in the past, could be a leading candidate if the team decides to move on from D.J. Smith behind the bench this summer under new ownership.

Roy last coached in the NHL in 2016, serving as the head coach and VP of hockey operations for the Colorado Avalanche before abruptly quitting during training camp preceding the 2016-17 campaign. He was succeeded by Jared Bednar, who guided the Avalanche to their first Stanley Cup in over two decades in 2022.

After taking two years off, Roy returned to the Remparts as GM and head coach in 2018. Before joining the Avalanche, he had been Québec’s coach between 2005 and 2013 and general manager since retiring from the NHL in 2003. He also owned the Remparts from 1997 to 2014.

Roy has a penchant for a defensive style of play as a coach, an area where the Senators have struggled in recent seasons. One would argue, though, with the standout individual defensive performances of players like Artem Zub, that it’s more of a personnel issue than a coaching one. Nevertheless, if he does end up behind the Senators’ bench, improving the team’s defensive systems would be his first priority.

Michael Andlauer Expected To Purchase Ottawa Senators

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8:30 a.m. CT: Andlauer’s winning bid for the Senators is worth $950MM, sources tell Garrioch. The final purchase price comes in well above most valuations of the franchise – Sportico values the team at $655MM, while Forbes was more optimistic at $800MM in 2022 (although it was a 52% change from 2021).

7:52 a.m. CT: Soon-to-be-former Montreal Canadiens minority owner Michael Andlauer has won the bidding war for the Ottawa Senators and is expected to assume ownership, sources tell Postmedia’s Bruce Garrioch.

Andlauer’s bid won’t quite eclipse the $1 billion US mark but is close to it. The development comes after Garrioch reported Sunday that the NHL had urged the estate of previous owner Eugene Melnyk to reach a resolution to the sale process as soon as possible.

Multiple celebrity-backed bids for the Senators, namely Snoop Dogg’s involvement with Los Angeles-based entrepreneur Neko Sparks, The Weeknd’s involvement with Jeffrey and Michael Kimel, and Ryan Reynolds’ involvement with the Remington Group, were not selected. Reynolds chose not to submit a bid last month, while Andlauer’s bid eclipsed the value and stability of both the Kimel brothers’ and Sparks’ bids.

The agreement will now require approval from NHL commissioner Gary Bettman and the league’s executive board. The board met regarding the sale last Wednesday but will likely meet again in a quick fashion considering today’s development. The approval process may extend beyond the upcoming NHL Board of Governors’ meeting in New York on June 22, but Bettman is expected to provide a comprehensive update to the governors on the status of the sale. In order to go through, Andlauer’s bid will require a two-thirds majority vote from the board.

This is expected to be the largest sale in NHL history, assuming it is indeed in the $1 billion US ballpark. It comes just two decades after Melnyk purchased the team out of bankruptcy. Per Garrioch, a no-relocation clause is included as part of this sale.

Garrioch’s reporting indicates Andlauer has impressed league representatives with his vision for the team and desire for competitiveness. Quality ownership, something that’s been missing at times throughout the team’s 30-plus-year history, should lead to more consistency on the ice.

All four final bids (Andlauer, Sparks, the Kimels, and Toronto billionaire Steve Apostolopoulos) ranged between $850MM and $1 billion, Garrioch said. Apostolopoulos withdrew from the sale process on Friday, citing frustration with the lack of a resolution, which could very well have influenced Andlauer’s camp to get this done quickly.

Per Garrioch, Anna and Olivia, Melnyk’s daughters and heirs of his estate, will retain up to a 10% stake in the franchise upon approval. As part of the agreement, Andlauer will obviously need to divest his ownership share in the Montreal Canadiens, where he currently holds a partial stake.

Andlauer is in a position to have a massive impact on the team – whether it’s by installing a new general manager, constructing a more centrally-located arena for the team, or both. After working with current Edmonton Oilers special assistant to the GM, Steve Staios, during Andlauer’s time owning the OHL’s Hamilton Bulldogs, he should be a name to watch if Andlauer decides it’s time to move on from Pierre Dorion.

Ottawa Senators Sale Could Be Just Days Away

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  • The sale of the Ottawa Senators franchise may finally be entering its final days. This is according to Bruce Garrioch of Postmedia who has been tirelessly reporting on the process. It seems likely that the new owner will be either Michael Andlauer or Jeffrey and Michael Kimel of the Harlo Capital Group, however Los Angeles producer Neko Sparks remains in the mix but seems less likely to be the preferred bidder. League sources told Garrioch that they are confident there are no more major hurdles to clear leading them to believe they are on the verge of closing out the eight-month process. It’ll be interesting to see if the bid comes close to the $1B bid that was apparently posted by Steve Apostolopoulos, who has since left the bidding after he reportedly became frustrated with the process.

Ottawa Senators Have Expressed Interest In Scott Laughton

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Philadelphia Flyers forward Scott Laughton has once again entered trade speculation in recent days. It’s no surprise, given new general manager Daniel Brière’s aggressive approach, already moving on from defender Ivan Provorov before the offseason begins in earnest.

The team is looking for a more significant rebuild/retool than they’ve had in years past, but there are certain targets the team wouldn’t be opposed to holding onto. Laughton, 29, is one of them – he’s been one of the team’s more consistent players over the past few seasons and has taken on a significant leadership role.

All that’s to say, if Philadelphia moves him, it won’t be for a marginal package. The Fourth Period’s Anthony DiMarco reported this morning the Flyers have turned down late first-round picks in exchange for Laughton, who had 43 points in 78 games this season and is locked in at a $3MM cap hit through 2026.

One of the teams who’ve called the Flyers about Laughton is the Ottawa Senators, David Pagnotta said this morning, adding to his colleague’s initial report. The team’s offer likely would’ve centered around their 2024 first-round selection – they’ve already given up this year’s first-round pick (12th overall) to the Arizona Coyotes in a deal for Jakob Chychrun.

Laughton is a natural center, a position the Senators struggled mightily at this season in regard to depth. However, that was instigated by a shoulder injury to Joshua Norris, who missed all but eight games. With he, Tim Stützle, and Shane Pinto locked into the top three center spots long-term, Laughton would likely shift to wing to play in the top nine.

That’s something he can do with ease, and he did so multiple times as a Flyer. His versatility is a valuable asset, though, especially if injuries strike the Senators again. Laughton’s been used quite a bit on the penalty kill in Philadelphia, too, though advanced metrics aren’t kind to his performance with a man down.

One has to question, though – for a team that hasn’t been able to exit their rebuild successfully despite multiple attempts, are the Senators (and general manager Pierre Dorion) in a safe position to give up two first-round selections within months of each other?

You’d likely get a pretty even split of answers to that question. The team undoubtedly has the core to advance to their first postseason since 2017, but depth issues at every position continue to plague them in a tough Atlantic Division. Laughton, a high-end third-line piece, could go a long way toward solving those issues.

If the Flyers do manage to get more than just a late first in return for Laughton, it’ll be a great return on their investment. Drafted 20th overall in 2012, Laughton has given the Flyers over 500 games and nearly 200 points of service over a 10-season career in the organization.

Latest On Ottawa Senators Sale

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The long-awaited sale of the Ottawa Senators has entered the final stages, with only two potential buyers left vying for ownership of the franchise. Toronto billionaire Michael Andlauer and the Kimel brothers, Jeffrey and Michael, of the Harlo Capital Group are now officially the leading contender in what’s been a highly competitive and drawn-out process, Postmedia’s Bruce Garrioch reported late Saturday night.

Sources close to the negotiations told Garrioch that an agreement in principle to sell the team is expected to be announced imminently. It’s believed the NHL is pushing former owner Eugene Melnyk’s estate representatives to close the deal “as soon as possible,” Garrioch added this morning.

Galatioto Sports Partners, the New-York based banker facilitating the deal, has kept a lid on most of the details of the bids submitted by four leading candidates last month. However, on Friday, it was reported that Toronto billionaire Steve Apostolopoulos, who had a well-financed offer exceeding $1B, withdrew from the process due to frustration with the prolonged negotiations and demands from the Melnyk estate representatives – hence the NHL’s reported impatience.

Apostolopoulos’ exit has cleared the path for either Andlauer or the Kimel brothers to become the new owners of the Senators. Both parties are familiar with the NHL’s head office, and their initial bids ranged between $850MM and $1B, but it’s believed both have raised their offers to the $950MM range, Garrioch said.

Andlauer is considered the frontrunner due to his position on the NHL’s board of governors as an alternate for the Montreal Canadiens, although he would need to sell his 10% stake in the Habs. Per Garrioch, a deal is close with André Desmarais of Power Corp, a Montreal-based company.

If Andlauer emerges as the winner, significant changes in the Senators’ hockey operations department can be expected, says Garrioch. As the owner of the Hamilton (soon-to-be Brantford) Bulldogs in the OHL, Andlauer aims to bring connections he’s made there to roles in the Sens organization.

But the Kimel family remains a formidable contender. They have been involved in the sale process from the beginning, initially attempting to partner with Eugene Melnyk for the bid to build a new rink at LeBreton Flats in December 2021. Garrioch clarifies the Kimels, who were part-owners of the Pittsburgh Penguins, sold their share to Fenway Sports Group when they became majority owners of the Penguins in 2021.

The Kimel bid also includes backing from star Canadian singer The Weeknd and New York billionaire Jamie Salter, who Garrioch says just recently joined the group.

Although Los Angeles-based producer Neko Sparks (and Snoop Dogg) remains in the picture as a potential bidder, Garrioch says the prevailing belief among other contenders is that Galatioto and the Melnyk estate are seeking to maximize the sale price while keeping Sparks as a fallback option.

DeBrincat Is Open To Extension With Senators

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In recent days, the trade market for Ottawa Senators forward Alex DeBrincat has heated up, as many sources have indicated that DeBrincat has given the Senators a list of teams that he would prefer to be traded to. As the Ottawa organization prepares to go through a sale in the next couple of weeks, DeBrincat has seemed to be apathetic towards signing a long-term deal with the Senators given the cloudy ownership situation.

To throw a little bit of cold water on the idea that DeBrincat may be moved by draft day this season, Steve Warne of The Hockey News reports from a source close to the family that DeBrincat is more than happy to continue his career in Canada’s capital. To quote the article, Warne writes, “[T]he 25-year-old winger remains open to staying with the Senators, but he is looking for term and wants to make sure he gets this right“.

Behind the scenes, it isn’t easy to fully ascertain the entire thought process that DeBrincat is putting into this situation, or which way he is leaning up to this point. All news indicates that he has not decided, but the Senators have given the young forward a deadline. By the draft, General Manager Pierre Dorion needs an answer from DeBrincat, as to whether he will sign a long-term deal in Ottawa, or if the team could make a trade to recoup some resources for his services.

[SOURCE LINK]

Steve Apostolopoulos Pulls Out Of Ottawa Senators Sale Process

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Toronto-based businessman Steve Apostolopoulos, the presumptive owner of the sole $1 billion bid submitted for the Ottawa Senators, has pulled out over frustration surrounding the length of negotiations, per Postmedia’s Bruce Garrioch.

Apostolopoulos’ decision marks the second bidder to walk away. As Garrioch notes, this move comes after Vancouver-born actor Ryan Reynolds and the Markham-based Remington Group also withdrew last month due to the estate over former owner Eugene Melnyk and New York-based banker Galatioto Sports Partners’ (GSP) refusal to grant an extended negotiating window with the National Capital Commission and the city of Ottawa for a new arena.

With Apostolopoulos and Reynolds out of the picture, the remaining two serious contenders are Toronto businessman Michael Andlauer and the Kimel brothers, Jeffrey and Michael, minority owners of the Pittsburgh Penguins. Although neither group has submitted a bid surpassing $1 billion, those close to Andlauer suggest he’s determined to acquire the Senators and is exploring options to bring in additional investors to bolster his bid, which is currently estimated at around $900 million.

As a part-owner of the Montreal Canadiens and a member of the NHL’s board of governors, Andlauer’s involvement in the league is seen as a positive factor by the NHL’s head office, says Garrioch. The more publicized bid led by Los Angeles-based entrepreneur Neko Sparks, including backing from Snoop Dogg and the Kitigan Zibi Anishinābeg First Nation group, still is not fully funded but remains in the running.

Meanwhile, Garrioch reports Toronto billionaire Jamie Salter has submitted a revised bid to GSP over the weekend, intensifying the competition. The franchise was officially put up for sale on November 7, and it has now been four weeks since the binding bids were submitted, which, with hindsight, seems a rather pointless exercise considering the team is barely any closer to a sale.

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