The Ottawa Senators are a hot commodity with the bidding for the franchise about to begin.
NHL deputy commissioner Bill Daly, speaking on the Bob McCown podcast Friday with co-host John Shannon, told the duo the price tag of the Senators could eclipse the $1 billion mark when the dust has settled and the sale is closed later this year.Sign up to receive daily headline news from Ottawa Citizen, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
The level of interest has even been higher than the NHL expected when New York-based banker Galatioto Sports Partners announced in November it would be handling the sale of the Senators for the family of late owner Eugene Melnyk. “We’re about ready to move into that next phase and that will be several-week process and then we’ll see what bids come in and then see where we are that point,” Daly said.Article content“You look at all aspects . It’s important to have solid ownership with the financial wherewithal and the structure of the ownership groups,” Daly said. “There’s also potential synergies with the team and the market. Those are all relevant factors.
Ryan Reynolds, who has publicly expressed an interest in being part of the Ottawa Senators’ new ownership group, has aligned himself with the Toronto-based Remington Group.But this newspaper reported a new twist Monday night when it confirmed Vancouver-born actor Ryan Reynolds has aligned himself with the Remington Group. The Toronto-based real estate development corporation is one of the largest builders in Ontario and has brought together a consortium to bid.
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