Summer Recess 2: The Search for Curly's Gold

and The Silver Seven
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Re: Summer Recess 2: The Search for Curly's Gold

Post #251 by senate » Mon Jun 25, 2018 6:26 pm

Chris Dreidger and Nick Moutrey, whoever the hell that is, were also not qualified.

Nick Paul was qualified. The Senators will win that Spezza trade yet!
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Re: Summer Recess 2: The Search for Curly's Gold

Post #252 by Ismellofhockey » Mon Jun 25, 2018 8:42 pm

Hossa wrote:
Ismellofhockey wrote:...


Yeah it's not my preference to rush them either, I was simply trying to point out that even if the team wanted to rush them it would be hard to do on account of all the contracts they have and not having the option to tank the season. The best they could do would be to rush them in after the deadline.
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Re: Summer Recess 2: The Search for Curly's Gold

Post #253 by mayoradamwest » Mon Jun 25, 2018 9:29 pm

If you rush them you can play a team on entry level contracts. Not going to win anyway amirite?


Edit: I got cynical, apparently :rudy:
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Re: Summer Recess 2: The Search for Curly's Gold

Post #254 by senate » Tue Jun 26, 2018 12:19 pm

I don't believe it.



And here is why:

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Re: Summer Recess 2: The Search for Curly's Gold

Post #255 by Hossa » Tue Jun 26, 2018 12:42 pm

senate wrote:I don't believe it.



And here is why:



And even better for him, we keep the cap hit.
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Re: Summer Recess 2: The Search for Curly's Gold

Post #256 by Ismellofhockey » Tue Jun 26, 2018 10:04 pm

The only way Melnyk can take financial advantage of this is if the Sens don't reach the cap floor. Otherwise, he saves $800K on the contract over 2 years, but he has to pay McCormick $1.3M over that time to take his spot as the 13th forward.

For a guy who needs to make every dollar count, Melnyk isn't very good with his money.


EDIT: Nevermind, he saves $800K per year... still, that's only about $150K saved per year over McCormick.
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Re: Summer Recess 2: The Search for Curly's Gold

Post #257 by senate » Wed Jun 27, 2018 4:20 pm

Issuing a press release about refinancing your debt (or maybe just a part of it?) seems weird.

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Re: Summer Recess 2: The Search for Curly's Gold

Post #258 by senate » Wed Jun 27, 2018 8:10 pm

Senators fans are lucky. Imagine having to go through the tedium of Tavares sweepstakes. Instead, we get the excitement of learning about a big new loan which the team can use to pay for some of their big old loans. That's what being a hockey fan is all about. That and watching Gary Bettman being accepted into the Hall.
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Re: Summer Recess 2: The Search for Curly's Gold

Post #259 by senate » Wed Jun 27, 2018 8:10 pm

The Hall of Fame, not Taylor Hall.
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Re: Summer Recess 2: The Search for Curly's Gold

Post #260 by senate » Wed Jun 27, 2018 8:12 pm

I assume. I have no information one way or the other so I can't, in full honesty, repudiate anything.
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Re: Summer Recess 2: The Search for Curly's Gold

Post #261 by Boring Choice #2 » Wed Jun 27, 2018 8:13 pm

senate wrote:The Hall of Fame, not Taylor Hall.

You can't prove that.

Edit: :paranoid: I didn't see your last post until after.
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Re: Summer Recess 2: The Search for Curly's Gold

Post #262 by senate » Wed Jun 27, 2018 9:39 pm

I think "Debt with a syndicate of financial institutions" would be a great new title for the Sens board.
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Re: Summer Recess 2: The Search for Curly's Gold

Post #263 by MP » Thu Jun 28, 2018 8:45 am

senate wrote:I think "Debt with a syndicate of financial institutions" would be a great new title for the Sens board.

I don't think the Tire Fire is quite extinguished yet...
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Re: Summer Recess 2: The Search for Curly's Gold

Post #264 by senate » Thu Jun 28, 2018 10:34 am

MP wrote:
senate wrote:I think "Debt with a syndicate of financial institutions" would be a great new title for the Sens board.

I don't think the Tire Fire is quite extinguished yet...


We should be trying to attract fresh blood to the boards and everyone knows that urban youth culture is all about two things right now: Fortnite and syndicates of financial institutions.
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Re: Summer Recess 2: The Search for Curly's Gold

Post #265 by senate » Thu Jun 28, 2018 10:34 am



Speaking on the basis on anonymity, a well-placed source with direct knowledge of the situation has confirmed to TFP that Senators owner Eugene Melnyk has engaged in negotiations to sell the franchise.

According to the league-source, Melnyk has received one offer for the organization and that “offer had been considered.”

During last week’s Board of Governors meeting in Las Vegas, while not officially on the agenda, league owners discussed the $135 million refinancing loan the Senators announced they finalized on Wednesday and also discussed the offer pitched for the club.

The offer is believed to have been rejected, but word is negotiations are ongoing and Melynk is exploring options.

NHL Deputy Commissioner Bill Daly acknowledged this report when contacted via email early Thursday morning, and wanted to temper the subject by stating that he doesn’t “equate an offer to purchase the Sens (and reporting that offer to the board) with an intention or desire to sell the team. The two are very different in my mind.”

As per the Senators’ press release yesterday, the team’s newly acquired loan was “financing of a six-year senior term debt with a syndicate of financial institutions.”

It’s not yet been confirmed, but there is strong belief the interested party in the franchise is, or includes, Cirque du Soleil co-founder Guy Laliberte, who has a net worth of $1.37 billion and has expressed interest in the Senators in the past. It’s also believed Laliberte may have played a role in the Senators securing their latest $135M loan.
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Re: Summer Recess 2: The Search for Curly's Gold

Post #266 by Hossa » Thu Jun 28, 2018 11:07 am

It doesn't quite add up, but there's something there if you're drawing a proper, qualified response from Daly.
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Re: Summer Recess 2: The Search for Curly's Gold

Post #267 by senate » Thu Jun 28, 2018 11:17 am

It seems to me that someone leaked this story to Pagnotta to counter the Senators press release from yesterday. Now if only we knew what was the intended audience and goal of that press release.
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Re: Summer Recess 2: The Search for Curly's Gold

Post #268 by mayoradamwest » Thu Jun 28, 2018 3:10 pm

Are we seeing a public negotiation for the sale of the senators?
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Re: Summer Recess 2: The Search for Curly's Gold

Post #269 by The Bytown Boozer » Thu Jun 28, 2018 3:45 pm

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Re: Summer Recess 2: The Search for Curly's Gold

Post #270 by Mufasa » Thu Jun 28, 2018 4:09 pm

Ça va les gars? Just passing byto make sure everyone is oké.
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Re: Summer Recess 2: The Search for Curly's Gold

Post #271 by senate » Thu Jun 28, 2018 5:16 pm

mayoradamwest wrote:Are we seeing a public negotiation for the sale of the senators?


Or a public negotiation for the sale of RendezVous LeBreton bundled with the Ottawa Senators.
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Re: Summer Recess 2: The Search for Curly's Gold

Post #272 by mayoradamwest » Thu Jun 28, 2018 5:31 pm

Mufasa wrote:Ça va les gars? Just passing byto make sure everyone is oké.

Bein ouais. :embraces:
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Re: Summer Recess 2: The Search for Curly's Gold

Post #273 by senate » Thu Jun 28, 2018 6:49 pm




No press release and not a comment Melnyk. Does that mean something? No, probably not.

Also, the franchise crowing again about refinancing some debt is still weird.
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Re: Summer Recess 2: The Search for Curly's Gold

Post #274 by Sudden_Death » Thu Jun 28, 2018 9:36 pm

It seems the team is saying "We aren't insolvent, people will still lend us money!" Odd thing to go to the press with.

Also there are a bunch of Cirque du Soleil trucks at the CTC. Coincidence? Yes because they are performing here. :Mulder:
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Re: Summer Recess 2: The Search for Curly's Gold

Post #275 by senate » Fri Jun 29, 2018 6:46 pm

Here is the Karlsson contract baseline:

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Re: Summer Recess 2: The Search for Curly's Gold

Post #276 by Mufasa » Fri Jun 29, 2018 8:04 pm

mayoradamwest wrote:
Mufasa wrote:Ça va les gars? Just passing byto make sure everyone is oké.

Bein ouais. :embraces:


:embraces:

We can make peace, we are not going to meet in the playoves any time soon.
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Re: Summer Recess 2: The Search for Curly's Gold

Post #277 by Ismellofhockey » Sat Jun 30, 2018 1:10 am

senate wrote:Here is the Karlsson contract baseline:




New financing should help with that.
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Re: Summer Recess 2: The Search for Curly's Gold

Post #278 by PredsFan77 » Sat Jun 30, 2018 7:43 pm

CDX.NA.IG.9









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Re: Summer Recess 2: The Search for Curly's Gold

Post #279 by Fruity Pebbles » Sun Jul 01, 2018 9:16 am

Today is the day, right?
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Re: Summer Recess 2: The Search for Curly's Gold

Post #280 by PredsFan77 » Sun Jul 01, 2018 9:21 am

CDX.NA.IG.9



















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Re: Summer Recess 2: The Search for Curly's Gold

Post #281 by senate » Sun Jul 01, 2018 10:26 am

Dorion finally trying to address the team's biggest need: 30 point forwards.

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Re: Summer Recess 2: The Search for Curly's Gold

Post #282 by senate » Sun Jul 01, 2018 11:14 am

Chris Stevenson, who apparently writes for the Athletic now, says that the Senators have $100 million in debt in addition to the $135 million that was refinanced this week. Which means that the Senators total debt is $235 million.

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Re: Summer Recess 2: The Search for Curly's Gold

Post #283 by Fruity Pebbles » Sun Jul 01, 2018 11:18 am

That's note quite as bad as I thought.

Also am I missing something - why are so many deals being pre-signed? I thought that was against CBA rules?
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Re: Summer Recess 2: The Search for Curly's Gold

Post #284 by senate » Sun Jul 01, 2018 11:25 am

Fruity Pebbles wrote:That's note quite as bad as I thought.

Also am I missing something - why are so many deals being pre-signed? I thought that was against CBA rules?


You can negotiate and agree in principle to a contract before noon on July 1st, you just can't sign it.
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Re: Summer Recess 2: The Search for Curly's Gold

Post #285 by mayoradamwest » Sun Jul 01, 2018 11:50 am

senate wrote:Chris Stevenson, who apparently writes for the Athletic now, says that the Senators have $100 million in debt in addition to the $135 million that was refinanced this week. Which means that the Senators total debt is $235 million.



How much will his share of the next expansion or relocation fee be? The value of his franchise is still at least double the debt no?
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Re: Summer Recess 2: The Search for Curly's Gold

Post #286 by mayoradamwest » Sun Jul 01, 2018 11:55 am

Alfredsson should be in the hall of fame, but Karlsson is the best player this organization has ever had. At this point, I just can't stomach losing him for nothing. If the legacy of this summer is financial survival...

:rudy:
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Re: Summer Recess 2: The Search for Curly's Gold

Post #287 by Ismellofhockey » Sun Jul 01, 2018 1:13 pm

Tavares just cured erectile dysfunction for a bunch of Leafs fans.
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Re: Summer Recess 2: The Search for Curly's Gold

Post #288 by mayoradamwest » Sun Jul 01, 2018 1:19 pm

Yah... they're a good team. :rudy:
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Re: Summer Recess 2: The Search for Curly's Gold

Post #289 by senate » Sun Jul 01, 2018 1:23 pm

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Re: Summer Recess 2: The Search for Curly's Gold

Post #290 by Ismellofhockey » Sun Jul 01, 2018 1:46 pm

Well it's a 20,000 seat arena and it's currently occupied by a single man at his desk, because I doubt Melnyk came in on a Sunday. And that runs down the whereabouts of the entire Sens front office at the moment. If Dorion signs Rieder he'll be left high-fiveless, and I'm not sure he's ready to cope with that.
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Re: Summer Recess 2: The Search for Curly's Gold

Post #291 by senate » Sun Jul 01, 2018 2:05 pm

Ismellofhockey wrote:Well it's a 20,000 seat arena and it's currently occupied by a single man at his desk, because I doubt Melnyk came in on a Sunday. And that runs down the whereabouts of the entire Sens front office at the moment. If Dorion signs Rieder he'll be left high-fiveless, and I'm not sure he's ready to cope with that.


No, the arena is full. Cirque de Soleil has two sold out shows today.
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Re: Summer Recess 2: The Search for Curly's Gold

Post #292 by Germz » Sun Jul 01, 2018 3:05 pm

Summer viewing for all CTC staff, as mandated by Eugene's most recent memo:

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Re: Summer Recess 2: The Search for Curly's Gold

Post #293 by senate » Sun Jul 01, 2018 3:22 pm

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Re: Summer Recess 2: The Search for Curly's Gold

Post #294 by Ricard_Persson » Sun Jul 01, 2018 3:24 pm

Oh man, handyman corner .
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Re: Summer Recess 2: The Search for Curly's Gold

Post #295 by senate » Sun Jul 01, 2018 3:29 pm

This doesn't actually mean anything, but it is just so fucking hot out that I feel like spreading some negativity.

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Re: Summer Recess 2: The Search for Curly's Gold

Post #296 by senate » Sun Jul 01, 2018 3:44 pm

Busy day for Pierre.

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Re: Summer Recess 2: The Search for Curly's Gold

Post #297 by senate » Sun Jul 01, 2018 4:03 pm

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Re: Summer Recess 2: The Search for Curly's Gold

Post #298 by senate » Sun Jul 01, 2018 4:08 pm

Apparently, Carey is actually a center. The Senators' press release mislabeled him a defenceman.
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Re: Summer Recess 2: The Search for Curly's Gold

Post #299 by Fruity Pebbles » Sun Jul 01, 2018 9:50 pm

How did O'Reilly get that kind of a return?
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Re: Summer Recess 2: The Search for Curly's Gold

Post #300 by mayoradamwest » Sun Jul 01, 2018 11:55 pm

Fruity Pebbles wrote:How did O'Reilly get that kind of a return?



He didn't have his girlfriend wish death on anyone I guess.









It's too quiet to be positive. Rumours please.

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