Originally posted on The 6th Sens  |  Last updated 9/30/13
Making one of his regular reports on TSN Radio, Darren Dreger hit on an important issue that's been a hot button issue of late - the outlook on the Ottawa Senators' financial situation.  When asked about Ottawa's situation and whether today's decision to demote Mika Zibanejad to Binghamton was financially driven, Dreger said:  “Yeah, it is a real tough one. You know, when you talk to those inside that organization, they’re not really surprised by how well the team did last year. They certainly heaped expectation on how good they could be this year based on last year, but that’s because of how well this team has drafted and continued to develop (players) in the American (Hockey) League. But they have good young players who are ready to step into the National Hockey League, but because of the dollars that they’ve paid elsewhere in trying to build themselves back into contending status, they’re above budget. And another thing that needs to be considered here, and it was an Ottawa source who pointed this out, so I suppose it’s somewhat specific to Ottawa – the CBA hasn’t helped the budget teams in some differing ways. For example, business class for players who have to travel more than three hours from the American (Hockey) League or those types of things. The room on the road - the individual room on the road for players who are coming out of entry-level and all of that. And the medical expenses – the fourth and second opinion where clubs have to pay for that. In theory, it could cost the Ottawa Senators legitimately upwards of $2 million or more for one season. When you’re a budget team and you weren’t budgeting on that extra $2 million, that’s a pretty good player or maybe two pretty good players. So, there’s always going to be some financial woes that seem to hover over this club.”  The organization has allegedly lost $94 million over the past ten years, so news of Ottawa's financial plight isn't anything new. I'm not sure what Dreger's going on about these unforeseen CBA issues - unless it comes out that Milan Michalek's blood serum treatment in Germany cost the Senators a bazillion dollars.  An extra million or two wouldn't hurt though. From overypaying a free agent to lure him to this market or to pay a one-way contract that it's in the minors (JOB!), any extra revenue would help. Just ask Eugene, but, be sure not to ask Gary.  Bettman: won't address Sens financial issues. It's a club issue — TSN Radio (@TSN1050Radio) September 30, 2013
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