(1) I couldn't agree more. The star-studded Senators teams of the early-mid 2000s were largely internally developed. The organization drafted Hossa, Havlat, Redden, Alfredsson, Bonk and Fisher (just to name a few); Martin developed them. If memory serves me right, and I hope it does, Chara was just a top-six defenseman when he got to Ottawa; Jacques Martin developed him into a first-pairing defenseman. Just two of the aforementioned players (Redden and Bonk) were even top-ten picks*. Which brings me to the following question: Why do we insist on going after UFA after UFA?
(2) Absolutely.
*Bonk was 3rd overall (1994); Alfredsson was 133rd overall (1994); Redden was 2nd overall (1995); Hossa was 12th overall (1998); Fisher was 44th overall (1998); Havlat was 26th overall (1999). Chara was 56th overall (1996). Source: individual player Wikipedia entries.
Back in the dark years, I'd watch and follow the Sens during the playoffs after the Rangers annual golf season started. Martin was a defensive minded coach, and one that relied so heavily on his system, that lesser teams repeatedly beat them in 7 game series, and every time fans on the other teams would gloat intangibles such as toughness, and will, and grit, and intimidation. Things that did not show up on the stat sheet, but the style of play that was employed by the other team.
Mainly Pat Quinn would let his boys just goon it up and sure enough the series would turn into a match up of will. A war of attrition. Some coaches cannot win in those environments. For example Bruce Boudreau is 2 more playoff flops away from being labeled as a guy like that. All that talent and never made it to the conference finals.
To answer your question, I think it befalls upon the GM to identify and re-sign his own players, one that the organization identifies as their own prior to hitting the open market. Show the players you are committed to them if you believe they will play hard for you so you don't lose that asset.
I am of the opinion that Sather is lazy and on the links when he should be working the phones and taking care of internal personnel matters, and externally making his team better.
What happens is that they are dumb enough to forgo the human and team factor of sustaining or replacing chemistry, and theorize that an UFA can fill that role.
The signings that Sather flops on are for the 3rd and 4th line, and this practice of UFA role players has failed every single time outside of Ruslan Fedetenko for 13 Years.
The root of it is that Sather doesn't seem to understand that you can't find bargain basement value in the UFA market. Unlike the NYR, teams re-sign those guys before they hit the open market.
Outside of college free agents, and late bloomers the UFA market is hardly ever littered with home runs. It's usually proven athletes, often aging, that are being bid on and thus earning more money than they are worth. It has always been that way, and will be that way, and the numbers will only climb.
Everyone knows that you Over-Pay with UFAs, and when guys don't owe anything to the team or the organization... well having purchasing power in NYC can translate to a very high quality of life for an athlete. Where would the incentive to go the extra mile be?