If a team were to come in with an offer sheet they would have to be prepared to offer Tkachuk a $10 million/year long-term deal for the offer sheet to make sense.
Bruce Garrioch of the Ottawa Sun reports, the Senators tabled an eight-year deal worth $8 million per season for Tkachuk, which would be the same salary as top defenceman Thomas Chabot is making. If he’s signed to a lengthy contract, then it’s expected Tkachuk will be named Senators captain.
Garrioch went on to say, if Tkachuk signs a bridge deal, it’s unlikely he’d be named the eighth captain in franchise history. The club would likely go with Chabot.