I would assume this means we don't have any additions coming in. Not necessarily a bad thing.
The Athletic had a good article on this last night.
"And it is appropriate that Hughes is hamstrung with a salary-cap situation he inherited that paralyzed the Canadiens on the opening day of the market.
All of it is appropriate because this is how the Canadiens should be operating right now. They are not at a stage where signing high-priced free agents makes sense. They are at a stage where they should be focusing on player development, like they were all week with director of hockey development Adam Nicholas running the show for the first time and doing a job so impressive that Vincent Lecavalier and Marie-Philip Poulin were left shaking their heads at how much they learned from him."
"But rather than a burden, Hughes should see this paralysis as a blessing. Championship teams are rarely built through free agency, if ever. They are built through what happened earlier in the day in Brossard, Quebec, through the activities Nicholas was overseeing."
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The Canadiens might still make improvements, and even if they don’t, they could improve internally with the natural progression of Suzuki, Caufield and others. But considering how much better division rivals like
Ottawa and Detroit got Wednesday, making the Atlantic Division an even tougher slog, what was once a possibility of the Canadiens perhaps having a top-10 pick in next year’s draft might now be a very real possibility of having a pick in the top five. And there are difference-making players available in the top five of next year’s draft.
This forced state of treading water might be frustrating for Hughes, these handcuffs left by his predecessor. But they allow the Canadiens to undergo more of a proper rebuild without having to admit that is what they are doing. And that is more of a gift than a burden."