While most of the attention regarding the potential sale of the Ottawa Senators has gone to Hollywood star Ryan Reynolds, there are plenty of interested parties lining up for their shot at an NHL franchise. Today, Bruce Garrioch of Postmedia reports that Michael Andlauer, owner of the OHL’s Hamilton Bulldogs and Rocco Tullio, owner of the Oshawa Generals, have formed a partnership for an attempt to by the Senators.
In fact, this isn’t the first time Tullio has tried to buy the team. Garrioch reports that he offered former Senators owner Eugene Melnyk $650MM last year. That is close to the figure the Senators were recently valued at by Sportico, though the upcoming sale price is expected to rise much higher.
Andlauer, meanwhile, has very deep pockets and already owns a portion of the Montreal Canadiens – something he would have to sell if he took over the Senators. The two combined could likely put up a massive offer, and have a history of success in hockey already with the OHL clubs.
That’s not all, though. Garrioch reports several other interested parties, as the sale of the Senators has drummed up plenty of excitement. The team started the process earlier this month by hiring Galatioto Sports Partners, after the Melnyk daughters, Anna and Olivia, decided to sell following their father’s death in March.
The sale is likely to be tied closely with the development project at LeBreton Flats, which the Senators are the preferred bidder for. A new sports complex would offer the team the chance to move closer to downtown and out of their current location, 40 minutes outside of the city center.
I’ll buy them. I could scrounge up 10 bucks by tonight.
Hey, ten bucks is ten bucks.
H/T Geddy Lee