Ottawa Senators: The Latest News on The Sale

Kenneth D. Albers | Updated: 09-06-2023 16:38 IST | Created: 09-06-2023 16:38 IST
Ottawa Senators: The Latest News on The Sale
Image Credit: Flickr

As the operation of selling the Ottawa Senators moves towards its final stages, a new name has been thrown into the mix of potential buyers. It has been reported that Snoop Dogg, a regular at Los Angeles Kings games and known for his love of hockey and the NHL, has brought a bid to buy the NHL team. This news comes after Ryan Reynolds also expressed interest in buying the franchise, making him the first celebrity to do so.

And as the betting industry continues to grow in Canada, fans will no doubt be keeping a close eye on the best Canadian betting sites in 2023 for any updates and odds related to the Senators. With potential new ownership on the horizon, many are eager to see how the team's performance and odds of winning in the upcoming season could be impacted. While the sale of the franchise has yet to be finalized, the involvement of Snoop Dogg and Reynolds has only added to the excitement and speculation surrounding the team's future.

The rumors surrounding the potential sale of the Senators franchise have garnered significant attention from both hockey fans and betting enthusiasts alike. With the growth of the betting industry in Canada, many are eager to see how new ownership could impact the team's performance and odds of winning in the upcoming 2023 season. The steps to begin the selling process of the Senators franchise started a long time after previous owner Eugene Melnyk passed away in March of 2022. Reynolds has been linked with the sale of the team since the very beginning, perhaps due to his involvement with other sports franchises, Welsh soccer team, Wrexham F.C. Snoop Dogg on the other hand has been a late and unexpected addition to the rumors surrounding ownership.

The link between Reynolds and the Senators makes a lot of sense. Reynolds is Canadian and lived in the suburbs of Ottawa when he was young. Reynolds, who is working with the Remington group, has already begun the preparations for a huge offer to buy the Senators, with some reports stating the price being well over $1 billion. If these reports are true the sale would be over $200,000 more than was stated in the December Forbes articles which ranked Ottawa as the 24th biggest franchise in valuation at $800,000. This huge bid would put the Senators up to 15th and would also be the catalyst of a new dawn for the team, especially with the addition of a new arena for the club.

Neko Sparks is one of the lead American entrepreneurs Snoop is potentially involving himself in the bid for the Senators with the team of investors aiming for Snoop Dogg to use his celebrity status and power to amplify the NHL team and help them grow into a brand much larger than what they currently are. The inclusion of someone like Snoop Dogg also creates the potential for multiple other celebrities to join and support the Ottawa Senators. It has also been reported that the 51-year-old is excited by the opportunity of growing and marketing hockey to families in the Ottawa area with much more diverse backgrounds. This room for change is an exciting prospect and one that will do lots of good in the community of Ottawa and potentially find new people who can excel in the sport that have not previously been targeted.

Image Credit: Klim Musalimov on Unsplash

One thing we can all agree on is that it will be a unique and new look for ownership in the NHL, one that many fans feel is desperately needed. The group that is being led by Neko Sparks has proclaimed how they are not intimidated by the potential $1 billion price tag making them serious players in contention for becoming club owners.

Senators fans should take note that the Sparks group has received information about the potential addition of former Senators captain, Daniel Alfredsson, to the hockey operations department. It has been reported that he consulted with longtime NHL Swedish defenseman, Mattias Norström, on the transaction.

(Devdiscourse's journalists were not involved in the production of this article. The facts and opinions appearing in the article do not reflect the views of Devdiscourse and Devdiscourse does not claim any responsibility for the same.)

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