Found August 16, 2013 on Pro Sports Daily:
At Manhattan’s $400-a-night Sofitel Hotel just a few minutes’ stroll from Times Square time was running out. NHL Commissioner Gary Bettman left an abbreviated negotiating session with the players’ union representatives in a determined abrasive mood. It was Aug. 9 2012. If there was no deal on a new contract by Sept. 15 Bettman said the players would be locked out. There would be no season. The owners — many of them self-made billionaires — wanted a bigger share of the league’s revenues. Indeed they saw this round of bargaining as crucial for creating profitable team operations. But there were a few owners who also viewed the upcoming deadline with something approaching alarm. Eugene Melnyk for one. The proprietor of the Ottawa Senators since 2003 Melnyk had seen his once-staggering wealth — more than $1.5 billion when he bought the team and arena — shrink significantly. The pharmaceutical entrepreneur is still by any ordinary standard immensely wealthy. But his diminished fortune ...

Report: Sens table eight-year, $28 million deal for Cowen

The Ottawa Sun reports that the Ottawa Senators have tabled an eight-year $28 million contract offer to restricted free agent defenceman Jared Cowen as both sides look to get a deal done before the start of training camp next month. The Sun adds that while the deal has not been rejected nothing has been done and both side have exchanged 'several proposals.' Cowen's...

What To Pay Jared Cowen?

from Bruce Garrioch of the Ottawa Sun, With less than a month to the opening of training camp, the Senators and restricted free agent defenceman Jared Cowen are still trying to get a contract in place as the sides try to find common ground on length and dollars. League sources confirmed to the Sun Thursday the Senators have tabled an eight-year, $28-million offer — an...

Bettman Being Bettman

from David Shoalts of the Globe and Mail, It’s been quite a couple of weeks for Gary Bettman: He finally got the Phoenix Coyotes sold and, on Thursday, managed to accomplish the same for the NHL’s other big financial headache, the New Jersey Devils. However, since the NHL commissioner is always economical with the details of these transactions (and it is always made...

Daniel Alfredsson Reportedly Asked Ottawa Senators for 1-Year, $7 Million Deal

Daniel Alfredsson signed a one-year, $5.5 million contract with the Detroit Red Wings on the first day of free agency this year. That’s less money than he asked the Ottawa Senators for, but more than they were willing to offer. After Alfredsson’s much-anticipated news conference Thursday at The Royal Mental Health Centre in Ottawa, the Ottawa Sun’s Bruce Garrioch reported what...

Isles ‘unlikely’ to leave for Brooklyn early

Despite NHL commissioner Gary Bettman’s wish that the New York Islanders leave for Brooklyn after the 2013-14 NHL season one year earlier than their move to the Barclays Center was originally planned it doesn’t sound like that’s going to happen. “It’s highly unlikely” said developer Bruce Ratner Friday one day after his group won the bid to renovate Nassau Veterans Memorial...

Daniel Alfredsson talks free agency, Senators’ owner and GM fire back

Safe to say Daniel Alfredsson’s departure from Ottawa was not a smooth one. (AP Photo) One of the biggest shocks of the past offseason’s free agency was watching longtime Ottawa Senators winger and captain Daniel Alfredsson walk away from the team. Alfredsson chose to sign a one year, $5.5 million deal with the Detroit Red Wings after talks broke down between the Senators and...
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