Headlines

  • Toronto Maple Leafs Acquire Henry Thrun
  • Avalanche Sign Josh Manson To Two-Year Extension
  • Stars Trade Matt Dumba To Penguins
  • Panthers Sign Mackie Samoskevich To One-Year Deal
  • Golden Knights Beginning To Work Out Jack Eichel Extension
  • Lightning Acquire Sam O’Reilly From Oilers For Isaac Howard
  • Previous
  • Next
Register
Login
  • MLB Trade Rumors
  • Hoops Rumors
  • Pro Football Rumors

Pro Hockey Rumors

  • Home
  • Teams
    • Atlantic
      • Boston Bruins
      • Buffalo Sabres
      • Detroit Red Wings
      • Florida Panthers
      • Montreal Canadiens
      • Ottawa Senators
      • Tampa Bay Lightning
      • Toronto Maple Leafs
    • Central
      • Chicago Blackhawks
      • Colorado Avalanche
      • Dallas Stars
      • Minnesota Wild
      • Nashville Predators
      • St. Louis Blues
      • Utah Mammoth
      • Winnipeg Jets
    • Metropolitan
      • Carolina Hurricanes
      • Columbus Blue Jackets
      • New Jersey Devils
      • New York Islanders
      • New York Rangers
      • Philadelphia Flyers
      • Pittsburgh Penguins
      • Washington Capitals
    • Pacific
      • Anaheim Ducks
      • Calgary Flames
      • Edmonton Oilers
      • Los Angeles Kings
      • San Jose Sharks
      • Seattle Kraken
      • Vancouver Canucks
      • Vegas Golden Knights
  • About
  • Advertise
  • Contact Us
  • Partners
    • MLB Trade Rumors
    • Hoops Rumors
    • Pro Football Rumors
Go To MLB Trade Rumors
Go To Hoops Rumors

Ottawa Senators Officially Sold To Michael Andlauer

September 21, 2023 at 5:00 pm CDT | by Gabriel Foley Leave a Comment

5:00 PM: The NHL has now officially announced that Andlauer’s purchase of the Senators has been unanimously approved by the NHL’s Board of Governors.

1:08 PM: Bruce Garrioch of the Ottawa Sun reported that, per his sources, Michael Andlauer and partners are set to officially sign for the sale of the Ottawa Senators on Thursday. This concludes what’s turned into a bit of a saga, following the Senators’ official offering of the club 10 months ago.

A slew of potential future owners of the Senators came forward in those 10 months, including a bidding group led by music artists Snoop Dogg and The Weeknd and one involving actor Ryan Reynolds. Other names rumored to be involved at one point or another included Toronto-based brothers Jeffery and Michael Kimel, founders of Harlo Entertainment.

But in the end, it was a part-owner of the Montreal Canadiens that stepped forward with the winning bid. As part of his journey to own the Senators, Andlauer had to complete a sale of his 10 percent stake in the Canadiens – with majority owner Geoff Molson purchasing those shares.

Andlauer’s bidding group includes Anna and Olivia Melnyk – daughters of the late Eugene Melnyk who will maintain a 10 percent stake in the team – Ottawa-based businessman Jeff York, the Ottawa real estate-based Malhorta family, the Toronto-based investment group Yorkville Asset Management, owners of Alinea Group Holdings Paul and Michael Paletta, and Rocco Tullio: the owner of the Oshawa Generals.

The group came together to offer a $950MM (USD) bid, $150MM more than a Forbes valuation that was cited by many outlets during much of the sale’s journey. This marks the highest price an NHL team has ever sold for.

Andlauer and his team are expected to announced as the official fourth owners in franchise history at a press conference on Friday, barring any last minute hiccups, per Garrioch.

Share 0 Retweet 0 Send via email

Ottawa Senators Michael Andlauer

West Notes: Couture, Mäkiniemi, Oilers Injuries
Main
Minor Transactions: 09/21/23
View Comments (0)

Leave a Reply Cancel reply

Please login to leave a reply.

Log in Register

  • Top Stories
  • Recent

Toronto Maple Leafs Acquire Henry Thrun

Avalanche Sign Josh Manson To Two-Year Extension

Stars Trade Matt Dumba To Penguins

Panthers Sign Mackie Samoskevich To One-Year Deal

Golden Knights Beginning To Work Out Jack Eichel Extension

Lightning Acquire Sam O’Reilly From Oilers For Isaac Howard

NHL, NHLPA Ratify Four-Year CBA Extension

Gavin McKenna To Commit To Penn State

Tyler Johnson Announces Retirement

Flyers Re-Sign Cam York To Five-Year Contract

Toronto Maple Leafs Acquire Henry Thrun

Evening Notes: AHL/CHL Agreement, NHL Draft, Signing Rights

Snapshots: Sorokin, Blue Jackets, Hunter, Lord

Canucks Sign Aleksei Medvedev To Entry-Level Contract

Avalanche Sign Josh Manson To Two-Year Extension

Sharks Sign Jakub Skarek To One-Year Contract

Stars Trade Matt Dumba To Penguins

Dylan Ferguson Signs With HK Nitra

Tennessee State To Add Division I NCAA Hockey For 2026-27 Season

Kraken Announce Player Development Staff Changes

Rumors By Team

Rumors By Team

  • Avalanche Rumors
  • Blackhawks Rumors
  • Blue Jackets Rumors
  • Blues Rumors
  • Bruins Rumors
  • Canadiens Rumors
  • Canucks Rumors
  • Capitals Rumors
  • Devils Rumors
  • Ducks Rumors
  • Flames Rumors
  • Flyers Rumors
  • Golden Knights Rumors
  • Hurricanes Rumors
  • Islanders Rumors
  • Jets Rumors
  • Kings Rumors
  • Kraken Rumors
  • Lightning Rumors
  • Mammoth Rumors
  • Maple Leafs Rumors
  • Oilers Rumors
  • Panthers Rumors
  • Penguins Rumors
  • Predators Rumors
  • Rangers Rumors
  • Red Wings Rumors
  • Sabres Rumors
  • Senators Rumors
  • Sharks Rumors
  • Stars Rumors
  • Wild Rumors

Latest Rumors & News

Latest Rumors & News

  • 2025’s Top 50 Unrestricted Free Agents
  • Sam Bennett Rumors
  • Nikolaj Ehlers Rumors
  • Mitch Marner Rumors
  • Marco Rossi Rumors

Pro Hockey Rumors Features

Pro Hockey Rumors Features

  • Support Pro Hockey Rumors And Go Ad-Free
  • 2025 Free Agent Focus Series
  • 2025 Offseason Checklist Series
  • 2025 NHL Free Agent List
  • 2026 NHL Free Agent List
  • Active Roster Tracker
  • Coaching Staff Directory
  • Draft Pick Tracker 2025
  • Key Offseason Dates
  • Offseason Trade Tracker
  • Pro Hockey Rumors On X
  • Pro Hockey Rumors Polls
  • Waiver Claims 2024-25

 

 

 

Navigation

  • Sitemap
  • Archives

PHR Info

  • About
  • Privacy Policy
  • Commenting Policy

Connect

  • Contact Us
  • Twitter
  • Facebook
  • RSS Feed

Pro Hockey Rumors is not affiliated with National Hockey League, NHL or NHL.com

Do not Sell or Share My Personal Information

scroll to top

Register

Desktop Version | Switch To Mobile Version