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Alex DeBrincat

Four Groups Submit Bids To Purchase Ottawa Senators

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Bruce Garrioch of Postmedia is reporting that there were four binding bids submitted today to purchase the Ottawa Senators. The groups to submit the bids were Michael Andlauer, Jeffrey and Michael Kimel, Steve Apostolopoulos, and Neko Sparks. Garrioch also tweeted that one bid was at the $1B mark. While there is still much to consider and a lot of work to be done, todays bids bring the sale of the franchise one step closer to being completed. The groups that bid are an interesting mix with varying degrees of experience in sports franchise ownership.

Michael Andlauer is a Toronto billionaire who is currently a minority owner of the Montreal Canadiens. Andlauer emerged in late 2022 as an early favorite to land the team as he had the assets and the familiarity with the NHL having already been a minority owner. Andlauer is the founder of the Andlauer Healthcare Group Inc. and was previously the owner of the AHL’s Hamilton Bulldogs, a struggling franchise he purchased in 2002 and turned into a champion. He still currently owns the OHL’s Hamilton Bulldogs. Should Andlauer be successful in his bid to buy the Senators he would have to sell his share in the Canadiens, something he has already reportedly explored.

Jeffrey and Michael Kimel run the Harlo Financial Group and made waves a week ago when music sensation The Weeknd reportedly joined their bid for the Senators. The Kimel’s had previously been minority owners of the Pittsburgh Penguins until the team was sold in 2021. The pair are heavily invested in the entertainment industry and are based in Toronto, making them a good fit to run the Senators should their bid be successful.

Steve Apostolopoulos made an unsuccessful bid recently to purchase the NFL’s Washington Commanders, a bid that lost out to a group that was led by New Jersey Devils owner Josh Harris. Like the Kimel’s and Michael Andlauer, Apostolopoulos is Canadian, he is from Toronto and founded Six Ventures Inc., a private equity venture fund. Apostolopoulos has been linked to bids for multiple sports franchises but has yet to purchase one. He visited the Canadian Tire Center in Ottawa about a month ago, bringing with him former NHLer and hockey analyst Nick Kypreos.

Neko Sparks is a Los Angeles based entrepreneur and film producer whose group also made a lot of noise recently when it was announced that Snoop Dogg would be a part of the bid. More recently they also made headlines for reportedly partnering with First Nations in an arrangement that includes an equity stake in the franchise worth a reported 10%.

The process is sure to get interesting over the next few months as the bids are scrutinized and vetted. Gary Bettman has previously stated that he is hopeful that the Senators will have a new ownership group in place by mid-summer.

Another piece to keep an eye on will be how the Senators approach the draft and free agency. Players might be apprehensive to sign long term in Ottawa until they know who will sign their checks for the foreseeable future. Of note is Alex DeBrincat, who is just 14 months away from unrestricted free agency and has been cautious and coded when talking about his long-term future.

Vancouver Canucks Optimistic They Can Extend Elias Pettersson

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Vancouver Canucks general manager Patrick Allvin spoke with Patrick Johnston of The Province today and said he is very optimist that the team can get a long-term deal done with Elias Pettersson. The Swedish center has one more year left on his bridge contract at a cap hit of $7.35MM and will be in line for a big raise when he becomes a restricted free agent in 2024.

Much like Alex DeBrincat, Pettersson’s contract is back loaded, meaning that Vancouver will need to qualify him at a number just shy of $9MM. Pettersson could take the one-year deal and become an unrestricted free agent in the summer of 2025 at the age of 26. Should the former fifth overall pick elect to do that, he would have no shortage of suitors.

Pettersson was a horse this season as he averaged of 20 minutes of ice time per game. He is coming off a career year that saw him post 39 goals and 63 assists in 80 games. His powerplay goals dropped dramatically this season as he scored just six times with the extra man, but what is truly impressive was that he put up 68 points at even strength, which tied him for sixth in the entire NHL behind the likes of Nathan McKinnon and Connor McDavid. These numbers put Pettersson in elite company and will have him looking for a long-term deal with an eight-figure average annual value.

The Canucks may be optimistic about signing their superstar center, but their short-term cap situation would give anyone pause. The club has struggled to commit to a specific direction over the last year and appear to be spinning their wheels. They have a lot of long-term contracts with players that are producing well below their cap hits, which could make it difficult to improve the on-ice product and entice Pettersson to stay. Jim Rutherford, Allvin and company seemed committed to a rebuild when they were first hired over a year ago, but appeared to change course when they narrowly missed the playoffs in 2022. They have been unable to shed any of the bloated contracts handed out by the previous management group and have further added to them with the extension to J.T. Miller. Their direction over the next 12 months will be interesting to observe as they appear set to retool rather than teardown and rebuild.

Ottawa Senators Want To Sign Alex DeBrincat To Extension

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Postmedia hockey columnist Bruce Garrioch tweeted today that the Ottawa Senators would like to sign Alex DeBrincat to a long-term deal, but they aren’t sure if he wants to stay. For his part, DeBrincat has been non-committal but did tell Garrioch today that he’d let the Senators know his intentions before the draft. Garrioch added that it is believed that DeBrincat would like to see where the Senators ownership situation goes before signing any long-term contract extension.

It makes sense from DeBrincat’s perspective to take a wait and see approach. He has put himself in a position to take a $9MM qualifying offer from Ottawa and then cash in next summer with any team of his choosing. For him to sign right now would mean he would be committing himself for the near future without knowing who will be signing his cheques.

DeBrincat had a steady, but unspectacular first year in Ottawa. He had 27 goals and 39 assists in 82 games, but nearly half of his production came on the power play. DeBrincat managed only 36 even strength points, a sharp drop from the 50 even strength points he produced in his last season in Chicago. DeBrincat also didn’t have great possession numbers at five on five and seemed to struggle without the benefits of the man advantage.

While it is not unusual for a player to struggle in his first season with a new club, it must give the Ottawa Senators some reservations about committing to another $8MM player. The Senators already have Thomas Chabot, Brady Tkachuk, Tim Stützle and Joshua Norris signed to contracts around that mark, with Jake Sanderson due an extension next summer. Adding a long term DeBrincat contract to the ledger could leave the Senators with precious little cap space to shore up their goaltending, or fix their bottom six, something general manager Pierre Dorion has talked about improving.

Senators Notes: DeBrincat, Holden, Smith, Watson, Hamonic

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With the Ottawa Senators’ post-season press conference occurring this morning, many players gave insights into their futures with the team. The most followed offseason storyline will undoubtedly be Alex DeBrincat, as the 25-year-old gifted sniper is a restricted free agent come July 1. The Michigan-born winger told reporters this morning he’d be “open” to a long-term extension but also noted he wants to take a few months to discuss his future with his agent and his family.

DeBrincat is due a $9MM qualifying offer this summer thanks to the backloaded structure of his previous contract, a three-year deal signed with the Chicago Blackhawks in 2019. If Ottawa and DeBrincat reach a long-term extension, the number wouldn’t seem likely to be much higher (if any higher at all) than that. DeBrincat took a step back offensively during his first season with the Senators, recording 66 points in 82 games after hovering at a point-per-game pace during the previous two seasons.

More from the Senators news cycle this morning:

  • The team has informed defenseman Nick Holden he won’t be back next season, says Postmedia’s Bruce Garrioch. Holden told reporters this morning he plans to test free agency after completing the 10th full season of his NHL career. The 35-year-old played 141 games with the Senators after Ottawa acquired him via trade in 2021, recording seven goals and 28 assists for 35 points while averaging 18:24 per game. With the emergence of rookie Jake Sanderson and the late-season addition of Jakob Chychrun, there was little opportunity remaining for Holden in Ottawa after his role decreased significantly this season.
  • Garrioch also says to expect Senators head coach D.J. Smith to join Team Canada’s coaching staff for the upcoming IIHF Men’s World Championship. This will be two years in a row for Smith on the national team’s coaching staff, also serving as an assistant at last year’s tournament. Before that, Smith’s only international coaching experience with Canada came as an assistant at the 2013 Ivan Hlinka Memorial Cup.
  • Forward Austin Watson says he played games in March on a broken foot before the team shut him down for the season last week. The 31-year-old grinder amassed nine goals but just two assists in 75 games this season. Watson, an unrestricted free agent this summer, also told reporters “the door isn’t closed” on a reunion with the Senators, although the multi-year contract he desires may not be palatable to the team given his career trajectory.
  • Defender Travis Hamonic clarified that his season-ending injury sustained at the end of March was a knee issue, and he would have attempted a return if Ottawa made it to the playoffs. Hamonic, who is also a pending UFA, finished fourth in scoring among Senators defenders with 21 points in 75 games and recorded a -5 rating.

Snapshots: Wright, DeBrincat, Gustafsson

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Shane Wright’s whirlwind season continues today as the Seattle Kraken announced he would be reporting to the AHL. Wright was the fourth overall pick in the 2022 NHL Draft and started the season in the NHL with the Kraken but was a frequent healthy scratch. He played just eight NHL games, scoring one goal and two points and was sent to the AHL’s Coachella Valley Firebirds for a conditioning stint where he scored four goals in five games.

Wright was also loaned to Team Canada for the World Juniors and helped them win a gold medal by scoring seven points in seven games and serving as the team’s captain. He then returned to the OHL where he was traded by the Kingston Frontenacs to the Windsor Spitfires and proceeded to put up 15 goals and 37 points in 20 Junior games. Wright’s Spitfires were the top ranked team in the OHL’s Western Conference but were shockingly swept in the first round of the playoffs by the Kitchener Rangers.

Now that Wright’s Junior season is complete, he is eligible to play pro in either the NHL or AHL and the Kraken have chosen to assign him back to the Firebirds who are on the verge of their own postseason. They are in second place in the entire AHL and have just three regular season games remaining before the playoffs begin. It will be interesting to see how well Wright performs in the AHL playoffs after scoring one goal and three points in his four OHL postseason contests.

  • The Ottawa Senators are going to do everything they can to keep Alex DeBrincat next season. According to Bruce Garrioch of TSN, Senators general manager Pierre Dorion has said he will extend a qualifying offer to DeBrincat if there is not a long-term deal already in place this offseason. The 25-year-old winger has scored 27 goals and 66 points in 80 games during his first season with the Senators. Though his cap hit is $6.4MM, he is making $9MM this season so a qualifying offer would be a one-year extension for the 2023-24 season matching this year’s salary of $9MM.
  • Erik Gustafsson was prepared to play for the Toronto Maple Leafs tonight but left during warmup and was ruled out of the game. The Maple Leafs released a statement saying Gustafsson would not play due to an upper-body injury. Luke Schenn took his place in the lineup on short notice. Gustafsson has played nine games with the Maple Leafs since being acquired at the trade deadline, and has four points, including a three point night against the Montreal Canadiens in his last outing.

Pierre Dorion Speaks On Senators Trade Deadline Plans

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The Ottawa Senators are in a tricky situation. Similar to the Buffalo Sabres, who sit just a few points ahead of them in the Atlantic Division standings, they have shown some significant growth with a roster full of young, inexperienced talent. The playoffs are likely out of reach this season, but after so many lean years (they last had a winning record in 2016-17), adding at the trade deadline doesn’t seem out of the question.

Even just as a reward for the hard play the team has shown this year, it might be worthwhile to bring in a little boost for the group. More complicated is the fact that the team is going through the process of sale, and increased ticket sales over the last 30 games could be beneficial.

You could tell that there is still some indecision on the part of general manager Pierre Dorion when he met with reporters including Bruce Garrioch of Postmedia today. In detailing his deadline plans, he admitted that the next seven games would determine his strategy one way or another, but there were a few things that he has already decided.

First, is that Alex DeBrincat will not be traded. There had been some speculation regarding the diminutive sniper, because of how his contract is structured moving forward. The 25-year-old DeBrincat is owed a $9MM qualifying if the Senators want to maintain his RFA rights, which would result in a one-year deal that walks him right to unrestricted free agency in 2024. Despite his age, he will qualify for UFA status early because he has already finished six seasons in the NHL.

Ottawa could get a significant piece back for him at the deadline recouping the assets they sent Chicago at the draft. But getting DeBrincat for another season and trying to sign him long-term seems to be the plan for Dorion at this point, kicking the can on a decision down the road. If he’s still unsigned come this time next year, his name will certainly be in the news again.

Second, Derick Brassard will also not be dealt. The veteran forward is coming up on 1,000 games in the NHL, a milestone he will reach with the Senators, his hometown team (Brassard was born in Hull, just across the river from Ottawa). Technically there is still time for that to happen and then be traded, but it doesn’t seem like that is in the cards. Brassard, 35, is on a one-year, $750K contract and will remain with the team for the stretch run.

Third, Dorion admitted that he will add a defenseman if he can, but cautioned that the market is difficult to work with right now. When Travis Hamonic’s name was brought up as a potential chip, he said he likely won’t move him – not quite as determined as in the case of DeBrincat or Brassard.

Part of that need for defense is due to a new injury for Nick Holden, which has moved him to injured reserve. The Senators now have just six defensemen on the roster, as Holden joins Jake Sanderson on IR.

Atlantic Notes: DeBrincat, MacDonald, Kapanen

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Senators winger Alex DeBrincat has had a very strong month of December with 18 points in 13 games heading into today’s action.  When they acquired him at the draft, he was viewed as someone that they likely felt was a long-term piece of the puzzle.  However, Postmedia’s Ken Warren suggests a long-term agreement for the pending RFA might not be a slam dunk.  With the ownership situation not settled, do the Sens have a firm commitment that they’ll be able to spend right to the Upper Limit next season?  With the team struggling, do they want GM Pierre Dorion working out another long-term contract for a forward, one that would limit their flexibility?  A new deal for the 25-year-old probably pushes Ottawa into a situation where their top six forwards will account for more than 50% of the cap next season.  Would they be better off spending that money to upgrade the back end for a more well-rounded roster?

Accordingly, Warren wonders if there’s a scenario in which Ottawa trades DeBrincat at the trade deadline.  If they’re out of the mix and DeBrincat isn’t overly open to a long-term agreement, it’s possible that the smarter long-term play would be to move him.  It’d be a notable step back for the Senators at least in the short term but if they’re still out of the playoff picture in a couple of months, it’s one that might get considered if there’s no extension in place by then.

More from the Atlantic:

  • Lightning prospect Cameron MacDonald is on the move in the QMJHL as Saint John announced that they’ve moved the forward to Gatineau for a pair of draft picks. The 19-year-old was a fifth-round pick by Tampa Bay back in 2021 (160th overall) and is averaging more than a point per game this season with 16 goals and 13 assists in 27 contests.  In order for the Lightning to retain his NHL rights, they’ll have to sign MacDonald by June 1st and how he fares down the stretch with the Olympiques will go a long way toward determining if he’s worthy of an entry-level deal.
  • Canadiens prospect Oliver Kapanen has signed a one-year extension with KalPa through the 2023-24 season, the Finnish team announced. The 19-year-old was a second-round pick by Montreal in 2021 (64th overall) and has seven goals and seven assists in 32 SM-liiga games this season.  He’s currently playing for Finland at the World Juniors where he has two points in three games so far.

Snapshots: Novak, Robertson, DeBrincat

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There’s no better news than the kind Minnesota Wild prospect Pavel Novak shared today, announcing that he is now cancer-free. The 20-year-old forward was diagnosed in June and after undergoing treatment, released the following on his Instagram page today:

After a few months of troubles, I’m happy to share with you that I beat the cancer. There is no better feeling than to be healthy again. I would like to say thank you to all the doctors who helped me get over this. You’re my heroes. The biggest thank you to my parents and sister who always supported me and went through treatment with me. It wouldn’t work without you. Also thank you to everyone who was praying for me!

I’m really excited about what the future brings. 

Novak, 20, was the 146th pick of the 2020 draft and dominated with the Kelowna Rockets last season, scoring 29 goals and 72 points in 62 games. It is not clear yet when he will return to competitive hockey but the news is certainly encouraging.

  • While Kevin Weekes of ESPN tweeted this morning to keep an eye on the Dallas Stars, Darren Dreger of TSN suggests that a “major shift” might be needed in order to have Jason Robertson signed in time for the start of the regular season. There is still more than a week before Dallas kicks things off against the Nashville Predators on October 13 but there is no indication at this point that a deal is imminent. Robertson remains unsigned and will have to ink a contract by December 1 to play at all this season.
  • That wasn’t the only contract situation that Weekes tweeted about. The NHL insider also suggested that the Ottawa Senators are “actively working” to try and reach an extension with Alex DeBrincat, after acquiring him this summer. The situation is “fluid” according to Weekes, which suggests nothing is imminent on that front either. It does make sense that the Senators would be trying to sign the two-time 40-goal man but it will take a big number to lock up DeBrincat. The 24-year-old is owed a $9MM qualifying offer for next season, his last before reaching unrestricted free agency in 2024.

East Notes: DeBrincat, Severson, Flyers Injuries

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When the Ottawa Senators traded the seventh-overall pick at the 2021 draft along with two other picks to the Chicago Blackhawks in exchange for Alex DeBrincat, many assumed that the Senators were making the trade with the idea of signing DeBrincat to a long-term extension. While that’s definitely Ottawa’s preferred option with their new winger, it seems DeBrincat hasn’t made a firm choice on whether to commit to the Senators long-term just yet.

As reported by Ian Mendes of The Athletic, DeBrincat “isn’t ready” to sign a long-term deal in Ottawa at this point, although he did say that he’s “open” to the possibility of it. (subscription link) DeBrincat will be eligible to become an unrestricted free agent in the summer of 2024, and without a long-term deal in place DeBrincat could accept a $9MM minimum qualifying offer this summer, which would take him right to free agency. DeBrincat, who scored 78 points this season, is an extremely talented offensive player and someone who the Senators undoubtedly want to be a cornerstone member of their club. With this development in mind, it will be important to monitor how well DeBrincat fits in his new surroundings in Ottawa because that fit could determine if the Senators get their wish, which is DeBrincat’s signature on a long-term deal.

Now, for some other notes from across the NHL’s Eastern Conference:

  • New Jersey Devils defenseman Damon Severson has spent the entirety of his eight-year professional career in New Jersey, but with his contract set to expire at the end of this season, his time in red and black could be coming to an end. Severson told the media today, as relayed by James Nichols of The Fourth Period, that contract talks between him and the Devils have not yet begun. That doesn’t mean that a deal won’t get done between now and next summer, of course, but with the signing of Dougie Hamilton, the recent Jonas Siegenthaler extension, the acquisition of John Marino, and the eventual arrivals of Luke Hughes and Simon Nemec, it’s definitely possible that the Devils don’t see room for Severson long-term in their top-four.
  • The Philadelphia Flyers issued a few injury updates today, as reported by NHL.com’s Bill Meltzer. Per the update, both Artem Anisimov and Carter Hart are dealing with lower-body injuries, and Cam Atkinson is dealing with an upper-body ailment. All are officially day-to-day. While these injuries don’t seem likely to have any major impact on Hart or  Atkinson, an injury could pose an issue for Anisimov, who is in Flyers camp on a PTO and is battling for a roster spot.

Snapshots: Eller, Golden Knights, DeBrincat

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With Washington’s top two centers being Evgeny Kuznetsov and newcomer Dylan Strome (with Nicklas Backstrom injured) and Connor McMichael in the mix as well, some have wondered if the Capitals should look into moving veteran middleman Lars Eller.  However, Sammi Silber of Washington Hockey Now cautions against that approach, noting that having a bit of a logjam down the middle is never a bad thing while Eller can certainly help on the defensive side of things, an area that McMichael isn’t ready to take on just yet.  With one year left at $3.5MM, Washington would have some interest if they were to shop the 33-year-old around but his best value might come later in the season compared to now when the trade market is not yielding top returns for veteran players.

More from around the hockey world:

  • While the season-ending injury to Robin Lehner has many thinking that the Golden Knights need to acquire a goaltender, Vegas’ Ken Boehlke argues that the best move they could make is to make no move at all. That will allow them to evaluate whether the core of this roster is truly good enough to contend and assess the readiness of Logan Thompson to be a full-time NHL goaltender.  If they’re in the playoff picture midseason, that approach would also give them a bit of cap flexibility to try to add thanks to LTIR as they won’t have spent Lehner’s $5MM at that point.  Vegas hasn’t shown much patience in their brief NHL tenure but there’s definitely a case to be made for them to have some now.
  • In his latest mailbag column (subscription link), Scott Powers of The Athletic reports that Alex DeBrincat didn’t show interest in signing a long-term deal with the Blackhawks before his trade to Ottawa last month. The 24-year-old was only eligible to sign an extension at the start of the new league year on July 13th (a few days after the swap) and is owed a qualifying offer of $9MM next summer.  That amount will likely be the starting point for extension negotiations with the Senators as he’s coming off his second 41-goal campaign over the last four years.

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