Tuesday October 3, 2023

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-USA TODAY Sports
Front Office Sports Today

NBC Could Get In On College Football Playoffs

NBC is exploring broadcasting a slice of the expanded CFP in 2026.
Listen Now
October 3, 2023 | Podcast
Copy Link
Link Copied
Link Copied

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 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.

Copy Link
Link Copied
Link Copied

What to Read

DSG Seeks Extension As Reorganization Pressure Mounts

Bankrupt RSN operator looks to file restructuring plan in late November

MLB Attendance Surges 70 Million, Tops League Projections

League posts best year-over-year increase at the gate since 1993
Michael Andretti

Andretti Clears Key Hurdle To Launch Formula 1 Team

The American racing figure is one step closer to an F1 team.
Team 23XI owner Michael Jordan looks on from pit road during qualifying before the Ally 400 at Nashville.

Michael Jordan’s Estimated Net Worth Hits $3B

The NBA legend sold the Charlotte Hornets for $3 billion in June.
podcast thumbnail mobile
Front Office Sports Today

NBC Could Get In On College Football Playoffs


Featured Today

Football analyst and PFF investor Chris Collinsworth talks to man in front of computers

Cris Collinsworth 'Lost a Lot of Sleep' Over Pro Football Focus Leadership Issues

New book details why it’s no longer a “happy place to work.”
NBC is interested in media rights to the expanded College Football Playoff.
October 2, 2023

NBC Is Interested in Expanded College Football Playoff Media Rights

NBC is one of the networks pitching the CFP, a source confirmed.
Levi's Stadium
October 2, 2023

49ers Study Shows Benefits of Public-Private Stadium Deals

Levi’s Stadium has generated more than $2 billion per new study.
Formula 1 drivers in a pack at the start of the Montreal Grand Prix
October 1, 2023

Apple Reportedly Making Push For Global Formula 1 Rights

The tech giant could offer $2 billion a year for the rights.


Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Chicago Cubs
New York
Tri Star Sports and Entertainment Group, Inc.
USA - Multiple Locations

Baltimore Looks To Return To The Oriole Way

Lease deal offers new hope, but market and economic challenges remain.
September 28, 2023

Orioles End Uncertainty With New 30-Year Lease Deal

New agreement follows more than three years of back-and-forth negotiations
September 28, 2023

AC Milan Abandons $1.3B Project For New 70,000-Seat Stadium

RedBird Capital-owned club continues path toward its own facility
September 28, 2023

Manfred Wants Vote On A's Move To Vegas In November

A's move will be just MLB's second franchise shift since 1971
September 27, 2023

French Soccer Club Lyon Seeking $300M Capital Raise

The club was sold for a record price last French year.
September 27, 2023

Magic Johnson Open To Knicks Minority Ownership Stake

Basketball Hall of Famer only interested in specific NBA franchise
Golden State Warriors GM Mike Dunleavy Jr. recognizes the impact the NBA’s new second tax apron rule could have on his organization.
September 27, 2023

Warriors GM Feels ‘Targeted’ With NBA’s New Tax, Rest Rules

"They're making rules to prevent you from succeeding,” Mike Dunleavy said.
September 26, 2023

Fire Owner Mansueto Bets On Messi To Elevate His Own Team

MLS team owner plans series of promotions, game enhancements