"Some teams need three or four more games before they say, 'We don't have a shot and we're not in,'" Melnyk told the newspaper. "Right now, there are six teams that aren't in and I think by March 5 there will be eight teams that will basically say they're not going to get there.
"(Murray's) looking. If we can get a power forward in there that's the only piece we need subject to any injuries. Knock on wood with that one because we've had a very good year with injuries compared to some other ones."
Murray has been on the looking for help up front for a good portion of the season, and has some young pieces he's willing to part with, particularly defensemen.
As much as Murray's would like to add a top-six forward as soon as possible, Melnyk believes it'll happen closer to the deadline.
Despite his willingness to spend a little extra, Melnyk also told the Sun the Senators will not spend to the salary cap next season.
"This is not a money machine for me. It's quite the contrary," he said. "At the end of the day, at one point, you sit back and you say, 'Any guy would have packed it in a long time ago and said get me out of here I'm not going to keep feeding this thing.'
"People like me love the game and want to stay in the game. To stay in the game you need to have some kind of budget. This is what I don't get: Everybody else on the planet, everybody knows what they make and everybody knows what they spend. It's called a budget. It's a very simple word and concept. You can't just go in and spend to the max."