Melnyk on spending to the salary cap: "There's no need to - you can organically grow your team as we have. We have tremendous depth"

"Usually when you have to spend to the cap, you're making up for lack of depth. It's that simple."

"If you think I would have a nightmare if CDN dollar goes down? Imagine the teams that are at the cap - and then the cap comes down"

Melnyk on teams up against the cap: "Those teams are paying you to take their stars. That's one of the reasons we're not seeing many trades"

-Eugene Melnyk, owner of the Ottawa Senators via TSN 1050 Radio tweets.