Christian Jaros

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Senators ink Chabot to massive eight-year, $64 million deal

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Ottawa Senators owner Eugene Melnyk has a reputation of being a little tight with his wallet, but on Thursday morning he handed out a massive extension to one of his better young players.

The Senators announced that they’ve signed Thomas Chabot to an eight-year, $64 million contract extension. The 22-year-old put up 14 goals and 55 points in 70 contests last season. He also averaged over 24 minutes of ice time per game in his second NHL season.

“Thomas is an exceptional talent and an outstanding teammate, who is impactful both on and off the ice. He is the type of player that can develop into a core member of a championship-level team in the National Hockey League,” said Senators general manager Pierre Dorion. “He is an NHL all-star; an elite skater and puck-mover who plays with pace and determination. We are convinced Thomas will have a significant impact on the Ottawa Senators as we develop and grow into a highly competitive team over the coming seasons and we are extremely proud that Thomas will continue to be a key part of our team’s future success moving forward. Today is a great day for the Ottawa Senators franchise.”

Chabot still has one year remaining on his entry-level contract, so this extension will only kick in at the start of the 2020-21 season.

Per Cap Friendly, Chabot has a modified no-trade (10-team no-trade) clause in the final four years of the extension.

This is a major signing for the Sens. Not only does it keep their best player under team control for the next nine years, it also shows a commitment to keeping and paying their high-end talent. Also, the fact that Chabot is willing to commit to Ottawa and the Senators franchise for a long time.

After the Erik Karlsson and Mark Stone fiascos, the Sens couldn’t afford more bad press with their star players. So the fact that Melnyk was willing to open the vault to lock up a young player is a good sign. They already locked up Colin White to a six-year extension this summer and they will have to do the same thing with Brady Tkachuk in the next two years.

Ottawa has some good pieces on their roster, but the young talent isn’t surrounded with enough quality. After Chabot, their blue line is made up of Nikita Zaitsev, Ron Hainsey, Mark Borowiecki, Dylan DeMelo, Christian Wolanin and Christian Jaros. None of those guys is worthy of being on a top pairing right now.

As good as the Chabot news is, it’s still going to be a while before the Sens become contenders again.

MORE:
Previewing the 2019-20 Ottawa Senators

Joey Alfieri is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @joeyalfieri.

Previewing the 2019-20 Ottawa Senators

(The 2019-20 NHL season is almost here so it’s time to look at all 31 teams. We’ll be breaking down strengths and weaknesses, whether teams are better or worse this season and more!)

For more 2019-20 PHT season previews, click here.

Better or Worse: The Senators made quite a few moves during the off-season, but it’s hard to argue that they’re a better team than they were last year. They were also the worst team in the NHL last season, so it’s hard to argue that they’re worse. The organization is stuck in the middle of a rebuild. Expectations in Ottawa aren’t very high coming into the season and it’s easy to see why. Erik Karlsson is no longer on the team, Mark Stone is also not on the roster anymore. They added Artem Anisimov, Connor Brown and Tyler Ennis up front and Ron Hainsey and Nikita Zaitsev. There’s so much parity in the NHL that many teams will compete for playoff spots, but Ottawa won’t be one of them.

Strengths: There’s no denying that the Senators have some good young talent on this roster. Brady Tkachuk should take another step forward after impressing in his rookie year, Colin White just earned a six-year extension this summer and Thomas Chabot, who signed an eight-year extension on Thursday, is already starting to emerge as a stand out on the blue line. Unfortunately, those players aren’t well surrounded right now when it comes to talent. It’ll take some time, but the Senators will be good again at some point.

Weaknesses: Outside of Chabot, the defense really isn’t that good. It’s made up of Zaitsev, Hainsey, Mark Borowiecki, Dylan DeMelo, Christian Wolanin, and Christian Jaros. You can argue that each of those players should be on a bottom-pairing. So you can see why many aren’t expecting much from this team this year. They may play hard for new head coach D.J. Smith, but winning won’t come easy to this group.

[MORE: Three Questions | Under Pressure | X-factor]

Coach Hot Seat Rating (1-10, 10 being red hot): Hopefully it’s a one on 10, right now. Smith was just hired this off-season and management can’t be expecting him to get many positive results this season. The former Toronto Maple Leafs assistant has nothing to lose heading into this year. The team is expected to be bad, so if he can get anything out of them, people will be lining the streets to give him his due. But even a dysfunctional Senators organization can’t put this new head coach on the hot seat just yet.

Three Most Fascinating Players: Keep an eye on White, Tkachuk and Chabot. Anyone who has seen them play knows what they’re capable of doing on the ice, but watching them perform during what should be a difficult season should be interesting. These are young players that will have ups and downs. They’re talented, but how will they deal with all the losing? Will they be able to put up impressive numbers despite not being surrounded with the best talent. Can they drive the play? Again, all three players have a very bright future, but tough times are ahead for them.

Playoffs or Lottery: If you haven’t figured it out yet in the first five paragraphs of this article, the Senators will very likely be a lottery team. There simply isn’t enough talent on the roster to compete with the other teams in the conference that will be competing for a Wild Card spot. Is Ottawa better than Montreal, Florida, the Rangers, the Devils or the Flyers? They’re not. All of those teams stayed the same or got better and none of them made the playoffs last season. There’s been so much chaos around the organization that they’re almost starting from scratch.

MORE:
• Senators ink Chabot to massive eight-year, $64 million deal

• ProHockeyTalk’s 2019 NHL free agency tracker
• Your 2019-20 NHL on NBC TV schedule

Joey Alfieri is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @joeyalfieri.