Senators confirm team is for sale, but will remain in Ottawa - Daily Faceoff

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Senators confirm team is for sale, but will remain in Ottawa - Daily Faceoff
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Senators confirm team is for sale, but will remain in Ottawa

The Senators initially premiered in 1992 under the ownership of local real estate developer Bruce Firestone. In 1993, Rod Bryden would become the majority owner until the team declared bankruptcy protection in 2003. Melnyk purchased the club for $130 million and served as owner until his death this past spring.

The Senators play at the Canadian Tire Centre in Kanata, more than a 20-minute drive from downtown Ottawa. The team signed a memorandum of understanding with the National Capital Commission and other investors this past summer to build a new downtown arena just west of Parliament Hill in LeBreton Flats.The organization’s business arm is currently being operated by the team’s president of business operations, Anthony LeBlanc, and CFO Erin Crowe.

The Senators currently sit last in the Atlantic Division with a 4-6-0 record through 10 games. The team has lost its past four games, marking the longest active losing streak in the division. Starting goaltender Cam Talbot finally saw his first game action on Thursday after dealing with an injury since training camp.

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