History of the Ottawa Senators (1992–) History of the Ottawa Senators (1992–) Founded and established by Ottawa real estate developer Bruce Firestone, the Ottawa Senators are the second National Hockey League (NHL) franchise to have the Ottawa Senators name. The original Ottawa Senators, founded in 1883, had a famed history, winning 11 Stanley Cups and played in the NHL from 1917 until 1934. On December 6, 1990, after a two-year public campaign by Firestone to return the NHL to Ottawa, the NHL awarded a new franchise, which began play in the 1992–93 season. The club has seen its share of struggles, both on and off the
Prince of Wales Trophy of the Royal Coat of Arms of Canada. Costing $2,500, the trophy was said to be in the possession of the league champion. It was originally awarded to the winner of the first game played in Madison Square Garden, held on December 15, 1925 (Montreal Canadiens 3 at New York Americans 1). The award was then held by the Canadiens until the end of the season. The Canadiens engraved their name on the trophy twice, for the 1924–25 season, and the preceding 1923–24 season, for which the team was league champions. It was then awarded to the NHL playoff champion