Monday, April 20, 2026

Ryan Reynolds Selects Ownership Group for Ottawa Senators Bid

  • Reynolds is partnering with a consortium led by Toronto-based real estate developer The Remington Group.
  • The bid includes plans to build a new arena near downtown Ottawa.
Ryan Reynolds' group bows out of the bidding for the Ottawa Senators, leaving six groups in them mix ahead of Monday's bid deadline.
Jessica Alcheh-Imagn Images

Ryan Reynolds is one crucial step closer to owning an NHL team.

The Hollywood superstar is partnering with a consortium led by Toronto-based real estate developer The Remington Group that is expected to make a bid to buy the Ottawa Senators, per the Ottawa Sun’s Bruce Garrioch.

A key piece of the bid will be its intention to build a new arena in the LeBreton Flats area near downtown Ottawa — a substantial location upgrade from the Sens’ current arena, Canadian Tire Centre, on the outskirts of the city.

When first announcing his intention to buy the team in November, Reynolds said that keeping the team in Ottawa was one of his top priorities.

NHL commissioner Gary Bettman “made it clear” that the league wants Reynolds as a minority owner, so The Remington Group now seems to have the inside edge over the reported dozens of groups exploring a bid.

  • Just after the team went up for sale, billionaire and Montreal Canadiens minority owner Michael Andlauer was seen as the favorite to buy the team.
  • Los Angeles-based actor, producer, and tech entrepreneur Neko Sparks was reportedly putting in a bid — which, if successful, would have made him the first Black owner in NHL history.
Ottawa-Senators-Players

Ottawa Senators Looking For A Buyer

The Senators have reportedly hired Galatioto Sports Partners to explore a sale.
November 1, 2022

Welcome to Ottawa

Garrioch also reports that Reynolds’ production company, Maximum Effort, would plan to produce a docuseries on the Senators similar to his hit show, “Welcome to Wrexham.”

Wrexham AFC has experienced a renaissance since being bought by Reynolds and fellow Hollywood star Rob McElhenney.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Apr 15, 2026; Buffalo, New York, USA; Buffalo Sabres defenseman Bowen Byram (4) clears the puck from the goal with Dallas Stars left wing Adam Erne (73) in pursuit in the third period at KeyBank Center.

New-Look NHL Playoffs Set As League Rides Attendance Wave

This year’s playoff field includes several upstarts and fresh storylines.
Apr 15, 2026; Inglewood, California, USA; Golden State Warriors guard Stephen Curry (30) drives past Los Angeles Clippers guard Kris Dunn (8) and guard Darius Garland (10) in the second half during the play-in rounds of the 2026 NBA Playoffs at Intuit Dome.
exclusive

NBA Is in Talks With Kalshi and Polymarket

Discussions ramped up after the CFTC began engaging with leagues, sources say.

NHL, Capitals Brace for Life After Ovechkin—and a Huge Void

The Russian superstar has driven extensive business across hockey.
Matthew Schaefer/Front Office Sports

Matthew Schaefer Has the Hockey World in His Thrall

The teenage Islanders defenseman cannon-balled into the NHL.

Featured Today

The Lawyer Steering the NIL Era

In the new era of college sports, Darren Heitner is everywhere.
blake griffin
April 14, 2026

Inside Blake Griffin’s Rookie Season at Prime Video

The six-time All-Star was initially hesitant to enter the media space.
April 9, 2026

College Athletes Are Ignoring NCAA Gambling Bans

“We were going to bet regardless,” says one former D-I athlete.
April 8, 2026

Why Did FIFA Do a Deal With an Obscure Prediction Market?

The product is scheduled to launch on Thursday.
Apr 17, 2026; Chicago, Illinois, USA; New York Mets relief pitcher Sean Manaea (59) delivers a pitch against the Chicago Cubs during the fifth inning at Wrigley Field.

High-Spending Mets Aren’t Alone in Their Losing Ways

Despite a hefty payroll, the club’s losing streak is its longest since 2004.
April 17, 2026

Padres Sale Set to Break MLB Record With $3.9B Deal

The buyer is the cofounder of investment giant Clearlake.
April 17, 2026

Liberty Stars Are Taking Major Pay Cuts to Chase a WNBA Title

The new CBA makes it harder for teams to sign multiple max players.
Sponsored

From Gold Medalist to Business Founder

Allyson Felix on investing in women’s sports and what comes next for track & LA28.
Apr 15, 2026; Inglewood, California, USA; Golden State Warriors forward Draymond Green (23) steals the ball from Los Angeles Clippers forward Kawhi Leonard (2) in the final minutes of the game of the play-in rounds of the 2026 NBA Playoffs at Intuit Dome
April 16, 2026

Thunder Rack Up Another Lottery Pick With Clippers Play-In Loss

L.A. hands over its pick while scandal still hangs over the team.
April 10, 2026

Billionaire Broncos Owners Buy 40% of Rockies

The Rockies have finished last in the NL West four straight years.
April 8, 2026

Pirates Break From Frugal Past With Record $140M Konnor Griffin Deal

The low-budget club signs the rookie phenom to a historic contract.
April 7, 2026

Three MLB Teams Move Games to Avoid Cold Weather

The Guardians, White Sox, and Mets are moving night games.