The Ottawa Senators find themselves at a pivotal crossroads regarding the future of winger Drake Batherson. Eligible for a contract extension for the past three weeks, the 28-year-old has steadily improved his game since joining the team, making it imperative for the Senators to act sooner rather than later.
As each month passes, Batherson’s market value continues to rise, underscored by his impressive performance last season where he recorded career highs of 33 goals and 71 points. With the potential for another standout year in 2026-27, Batherson could enter unrestricted free agency with even greater leverage.
However, it’s not just his on-ice performance that elevates Batherson’s value. The NHL’s financial landscape has shifted dramatically, with the salary cap set to increase by $8.5 million this summer to $104 million, and projections suggesting it could reach around $113 million by 2027-28. This surge in the cap is likely to raise the bar for salaries, particularly for elite offensive talent.
Recent contracts illustrate this trend. Over the weekend, Connor Bedard signed a five-year deal with the Chicago Blackhawks averaging $15 million annually, while Leo Carlsson secured an $18 million per year deal with the Anaheim Ducks. Batherson, while not directly comparable to these younger players, finds himself in a market that is rapidly changing.
At 28, Batherson may not be poised for the same explosive growth teams expect from Bedard or Carlsson, but the impact of such mega contracts cannot be ignored. Even if Batherson is not seeking $15 million, the contracts signed by his peers set a new ceiling for offensive players, and Ottawa’s timing in negotiations is critical.
Currently, Batherson is playing out a contract that carries a cap hit of less than $5 million annually, a deal that has become one of the better values in the league. However, as the market evolves, questions arise about what Batherson’s next contract might look like. If Bedard is commanding $15 million and Carlsson $18 million, is it unreasonable for Batherson’s camp to target $10 million or more?
Batherson’s importance to the Senators has only increased in light of recent roster changes. With Brady Tkachuk now in Florida and other veteran voices absent, Batherson stands out as one of the team’s longest-serving core players, second only to Thomas Chabot. His playoff performance also showcased his ability to produce when it matters most, as he contributed three goals and an assist in the first-round sweep against the Carolina Hurricanes.
Importantly, Batherson has expressed a desire to remain in Ottawa long-term. In a conversation following the season, he affirmed his commitment to the city, stating, “Oh, yeah. I mean, it’s a great spot for me. It’s close to home. I’ve been here for almost a decade now and made so many friends outside of hockey in Ottawa. So, yeah, it feels like home.” He acknowledged the novelty of his contract situation as he approaches free agency for the first time since he was 23.
While Batherson’s optimism is promising for Senators fans, the reality of a changing marketplace looms large. With elite offensive players continuing to secure lucrative contracts, his agent may have a different perspective on the value of Batherson’s contributions than he did just a few months ago. Although $10 million might seem steep at first glance, it reflects the new dynamics of the NHL.
The pressing question now is whether the Senators can finalize a deal with Batherson before his market value escalates further.
Note: This recap is an independently written summary based on publicly available reporting.
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