I think VAN wants Norris just like we wanted Phaneuf.
They are going to take advantage of a limited market and we are not going to get back a piece anywhere close to what Norris brings when he isn't hurt and is playing at the top of his game.
I think that if it's true that the Senators have shopped him on and off since last TDL, that they don't want the liability of the contract. Whether right or wrong, I could see them thinking that by bringing in 2-3 NHL players for Norris that they give the team a better chance to win and also pass on the liability of his term to someone else.
Hoglander has neutral or negative value, but in all likelihood, so does Norris, that's the point. VAN will want to dump some term and money to subsidize taking Norris.