2005–06 Ottawa Senators season

After one of their franchise-best regular seasons, finishing with 113 points, the Senators made it to the Eastern Conference Semifinals, in which the Buffalo Sabres eliminated Ottawa in five games.

Second, a blockbuster trade on August 23, 2005, involved Marian Hossa and Greg de Vries being sent to the Atlanta Thrashers for Dany Heatley.

[4][b] However, during the press conference to introduce the teams for the 2007 Stanley Cup Finals, Heatley went on record to say he likes the "CASH line" name.

Daniel Alfredsson, Zdeno Chara, Martin Havlat, Dany Heatley, Andrej Meszaros, Wade Redden, Christoph Schubert and Anton Volchenkov all played for their respective country's national teams, while Jason Spezza was named a substitute for Canada.

Heatley and Alfredsson would then go on to score the first shootout goals in NHL history to win the game that night.

[8] Other highlights of the Senators' season included an 8–0 road win over their Ontario rivals, the Maple Leafs, on October 29, 2005.

Martin Havlat and Daniel Alfredsson each scored four goals and Jason Spezza provided four assists.

In an 8–2 win over Toronto on December 17, 2005, the Senators set a franchise record for most power play goals scored in one game, with six.

Meanwhile, defenceman Wade Redden became the first Senator to win the NHL Plus/Minus Award, tied with New York Ranger Michal Rozsival, with a +35 rating.

The Senators' arena, Scotiabank Place , its name since January 2006 since signing with Scotiabank for a 25-year, $25 million contract.