Senators News: August 7th

-Negotiations have begun with Jared Cowen and I don’t think his agent’s opening offer is anything to get too excited aboutLyle Richardson is probably spot on that the Sens want Cowen on a short-term, bridging contract for not much more than they are paying Patrick Wiercioch.

Bruce Garrioch confirms the obvious that the team is trying to move Jim O’Brien.  Not surprisingly, it’s proving difficult to move a player with a one-way contract who hasn’t established himself as an NHL-regular.  It took waivers to move Kaspars Daugavins and that may be the same fate for the 2007 first-rounder.

-The specifics of Stephane Da Costa‘s deal have not yet been revealed (nor has the team announced the signing).  There’s nothing to read into the delay–it’s simply a product of it being the middle of summer.

Varada does an excellent job of explaining how the economics of an NHL franchise works and how raw press releases about team losses are (largely) meaningless.  Among many things he points out are that pure hockey revenue (which the league refuses to fully define) don’t represent the true earnings of a hockey franchise.  It’s worth reading the article in full and I highly recommend it.

-Speaking of finances, Travis Yost continues to shark through the web of Eugene Melnyk’s finances where he finds yet more questions.  For those who haven’t kept on top of Travis’ posts I think they work quite well in conjunction with Varada’s above.

Nichols sums up the public perception of Daniel Alfredsson‘s departure without (sadly) offering his own view.  For me the economic answer is the only one that makes sense.

-Former B-Sen and Elmira Jackal Dustin Gazley has signed an AHL-deal with Hershey.  The move is not a surprise as there’s no room for veteran additions in Binghamton.

This article is written by Peter Levi (@eyeonthesens)

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