Shane Pinto

Before the start of the regular season, several reports indicated that the Ottawa Senators had had positive conversations with Shane Pinto regarding an extension, and that the price could reach as high as $7MM per year. Apparently, those conversations may not have been as positive as previously believed, according to a new update from Sportsnet’s Elliotte Friedman on The FAN Hockey Show.

Friedman suggested that the Senators’ offer was far too low for Pinto, and realized later in the summer that they had much more work to do. Now factoring in Pinto’s start to the 2025-26 campaign, Ottawa may have to move farther than they’re comfortable with.

There’s no questioning he’s off to a torrid pace. The former 32nd overall pick of the 2019 NHL Draft has scored six goals and seven points through the Senators’ first seven games, averaging 18:31 of ice time per night. Especially with the team being without captain Brady Tkachuk for the next several weeks, Pinto has taken it upon himself to carry much of the offensive burden.

Still, on the flip side of the argument, Pinto doesn’t have the track record to legitimize making him one of Ottawa’s highest-paid forwards. There’s little expectation he’ll ask for more than Tkachuk or star Tim Stützle, but there’s a world now where Pinto is asking for more than Dylan Cozens’ $7.1MM salary.

Although he’s shown a knack for goal-scoring, Pinto has yet to reach the 40-point plateau in his three full years with the Senators. Outside of missing half of the 2023-24 campaign for violating the league’s gambling policies, Pinto has scored 50 goals and 99 points in 193 games from the 2022-23 to 2024-25 campaigns. That was good for an 82-game pace of 21 goals and 42 points.

In fact, from his age-22 to age-24 seasons, Pinto has been remarkably similar to Jack Roslovic’s output over the same age range, when the latter put up 86 points with three more games played, while averaging nearly three minutes less of ice time per game. Roslovic has hovered around the 40-point mark since then, while putting up a pair of 20+ goal campaigns, and he settled on a one-year, $1.5MM deal with the Edmonton Oilers this summer.

That’s not to say that Pinto’s pathway through the NHL will completely copy Roslovic’s, though it’s an important detail to manage. Given that the Senators are only freshly coming out of their rebuild, they can’t afford to attach a $7MM or more price tag to a player that will only average approximately 40 points a year. Regardless, given how he’s capitalized on a contract year through the early stages of the regular season, the Senators and Pinto are unlikely to agree on an extension throughout the year.

With Senators center Shane Pinto heading into the final year of his contract this season, the team and his representatives held extension talks over the offseason but were too far apart in terms of his value.  As a result, those discussions were put on pause with Pinto’s camp wanting to get through the start of the season without any possible distractions.

It appears that will soon be changing.  Postmedia’s Bruce Garrioch reports that there’s an expectation that the two sides will meet again soon to rekindle those talks.

There have been some interesting moments in contract talks with him before.  When he was a restricted free agent back in 2024, there were suggestions that his camp was hoping to solicit an offer sheet in the hopes of landing a contract that was closer to the value they were seeking from the Sens.  Considering he wound up signing a bridge deal soon after, clearly one never materialized.

That bridge agreement was a heavily backloaded two-year, $7.5MM pact.  The deal sees Pinto receiving $5MM in salary this season.  With the qualifying offers being the lower of either his current-season salary or 120% of the AAV ($3.75MM in this case), he’s already set for a raise in his cap charge with his qualifying offer checking in at $4.5MM with salary arbitration rights next summer.

Pinto’s performance and the quickly rising salary cap ensure that he’ll be getting a higher number than that on his next deal.  Last season, he picked up a career-best 21 goals and 37 points in 70 games while largely playing in their top six.

This season, he’s off to an even better start.  The 24-year-old is tied for the league lead in goals with six through five games and while a shooting percentage of 40 is clearly unsustainable, both sides are certainly hoping that another career year offensively is on the horizon.

Garrioch relays word from a league source that suggested that Ottawa’s offer to Pinto’s camp was a longer-term offer in the $5MM to $5.5MM range, one that would lock him in as their third pivot for years to come.  With Tim Stutzle now moved to center and the acquisition of Dylan Cozens at the trade deadline last season, the hope is that those two will lock down the top two center slots for the foreseeable future.

But with that offer coming in not too high above the qualifying offer, it’s understandable that Pinto wouldn’t have wanted to sign that type of deal this early.  Meanwhile, a league executive suggested to Garrioch that Pinto might be looking to land a contract with a price tag between Cozens ($7.1MM) and Stutzle ($8.35MM).  While his offensive production to-date wouldn’t necessarily justify that, it’s also reflective of the expectation that salaries are set to jump quickly in this new cap environment.

There is definitely some risk in restarting discussions while Pinto is in the middle of a hot streak and Ottawa’s offer certainly won’t be pegging Pinto to keep producing at his current level.  But if he has done enough for the Senators to up their original proposal, it might be enough of a step to see if the two sides can get something worked out.