As of today, the Senators sit at just over $6M in cap space which they can utilize in free agency.
So what does it mean to be a UFA or RFA? Essentially, the type of free agent a player is determines both their rights and their team's rights when it comes to signing their next contract. There are several factors that go into determining whether a player is considered a UFA (unrestricted free agent) or an RFA (restricted free agent).