NHL Free Agent Frenzy 2013 - Melnyk's Budget Edition

wprager wrote:

Ev wrote:He is threatening that he won't spend any more money on other things in the city, IIRC

Yes, he's also alluded to not being able to spend on the team.  Saying how they are now the youngest team in the league -- by design, not accident -- and how they will continue being the underdog.

“There is no Plan C,” Melnyk said just before the vote. He flew to Ottawa Tuesday morning and pulled up to City Hall in a black Cadillac Escalade, Senators president Cyril Leeder and right-hand man Ken Villazor at his side, to make his unsuccessful pitch.

The Senators lose money as a hockey operation, Melnyk said (“If you heard a number, it would be staggering,” he said); although his Ottawa entertainment empire makes some money off concerts as well, that’s not the business it used to be. He’s set a $50-million cap on player salaries and can’t afford to spend more, retooling the team into a young, inexpensive one that’ll need some luck to win consistently.

It pleases Melnyk to own a hockey team and he doesn’t intend to sell or move the Senators, but without a “third revenue stream,” his options for expanding the empire and renovating the arena are limited. “It puts a whole damper on my enthusiasm that I came here with 10 years ago,” he said.

Michallica wrote:

Ev wrote:He is threatening that he won't spend any more money on other things in the city, IIRC

He's also said that he doesn't have the money to spend another $5M-$6M on a player.  So sounds like he's threatening both ventures.

SeawaySensFan wrote:

tim1_2 wrote:

SeawaySensFan wrote:

LeKing wrote:But it doesn't make the City council's decisions more acceptable.

Hopefully Alison Sandor will keep us abreast of any further developments.

If only she was mustachioed.

With sausage gravy?

Ev wrote:

Michallica wrote:

Ev wrote:He is threatening that he won't spend any more money on other things in the city, IIRC

He's also said that he doesn't have the money to spend another $5M-$6M on a player.  So sounds like he's threatening both ventures.

He be lying

Michallica wrote:

Ev wrote:

Michallica wrote:

Ev wrote:He is threatening that he won't spend any more money on other things in the city, IIRC

He's also said that he doesn't have the money to spend another $5M-$6M on a player.  So sounds like he's threatening both ventures.

He be lying

I hope so too.  But like i've raised in the other thread, I don't think michalek is coming back to this team season after next, so there's another $4.3M to use in cap for re-signing Spezza/Ryan

SeawaySensFan wrote:

Michallica wrote:

Ev wrote:

Michallica wrote:

Ev wrote:He is threatening that he won't spend any more money on other things in the city, IIRC

He's also said that he doesn't have the money to spend another $5M-$6M on a player.  So sounds like he's threatening both ventures.

He be lying

I hope so too.  But like i've raised in the other thread, I don't think michalek is coming back to this team season after next, so there's another $4.3M to use in cap for re-signing Spezza/Ryan

Young Philly will be gone at the end of this season.

Michallica wrote:

Ev wrote:

Michallica wrote:

Ev wrote:He is threatening that he won't spend any more money on other things in the city, IIRC

He's also said that he doesn't have the money to spend another $5M-$6M on a player.  So sounds like he's threatening both ventures.

He be lying

I hope so too.  But like i've raised in the other thread, I don't think michalek is coming back to this team season after next, so there's another $4.3M to use in cap for re-signing Spezza/Ryan

Ev wrote:another interesting fact is that Spezza is only making $5 million this year and $4 million next year, so they have lots of room to work with as far as I'm concerned

Michallica wrote:
i saw that too.  How much in real dollars are they spending on players this season?

Michallica wrote:

Ev wrote:another interesting fact is that Spezza is only making $5 million this year and $4 million next year, so they have lots of room to work with as far as I'm concerned

i saw that too.  How much in real dollars are they spending on players this season?

Michallica wrote:

Ev wrote:another interesting fact is that Spezza is only making $5 million this year and $4 million next year, so they have lots of room to work with as far as I'm concerned

i saw that too.  How much in real dollars are they spending on players this season?

Hoags wrote:

Michallica wrote:
i saw that too.  How much in real dollars are they spending on players this season?

$48M.

(cap hit is $50M).

SeawaySensFan wrote:

Michallica wrote:

Ev wrote:another interesting fact is that Spezza is only making $5 million this year and $4 million next year, so they have lots of room to work with as far as I'm concerned

i saw that too.  How much in real dollars are they spending on players this season?

$48,577,500

Well under the budget.

SpezDispenser wrote:

Michallica wrote:

Ev wrote:another interesting fact is that Spezza is only making $5 million this year and $4 million next year, so they have lots of room to work with as far as I'm concerned

i saw that too.  How much in real dollars are they spending on players this season?

$48,577,500 without Condra, Cowen and Wiercioch, but with O'Brien who is as good as done one way or the other.

So...the 50 million dollar threat is pretty stupid.  Perhaps he should open his wallet and close his fat mouth.

tim1_2 wrote:

SeawaySensFan wrote:

tim1_2 wrote:

SeawaySensFan wrote:

LeKing wrote:But it doesn't make the City council's decisions more acceptable.

Hopefully Alison Sandor will keep us abreast of any further developments.

If only she was mustachioed.

With sausage gravy?

Did someone say sausage gravy?



Photoshop away.

Dan Hackett ‏@HaxDan

Scotiabank slogan: "You're richer than you think", Canadian Tire slogan: "Save like Scrooge". hmmmm @SensChirp @6thSens