Senators Sign Fisher to Extension

The Ottawa Senators have signed Mike Fisher to a five-year, $21M extension. Fisher, while mildly "injury prone", is an extremely hard worker on the ice. He has tons of grit and leadership and he can also put points on the board with 48 points in 68 games last season.

Some folks are worried that one of their big guns in Heatley and Spezza have been forced to be expendable. However Redden ($6.5M) will likely hit the free market feeding frenzy in the summer and Murray will be doing all possible to dump Gerbers salary ($3.7M).

Taking in a 0% increase in the cap, that leaves the Senators with $14M in cap space. Plenty left to sign a quality backup and fill out their forward roster. Don't worry Sens fans, it will all work out.