Quoting: NDoody
From what I have read online there is a lot of big-time Businessmen Billionaires involved, with as many as 10 groups getting access to the books this week.
the most interesting is that Ryan Reynolds is now in the process of selling his mint mobile to T-mobile so he would have enough money to make a bid with him and his company the MAJORITY owners. This would be huge because of the sponsorships and he would care about the team and make real difference. It would also in his ownership have a clause that the league will allow him and his production company to make a show following the behind-the-scenes like his football club show. Normally this would never happen but the league is bending over backward to get him involved in any way possible.
Reynolds doesn't have majority owner money. He could liquidate all of his assets and not scratch the surface of the team's 800mil valuation. Even if he has the money to be a majority owner, he would be leveraging nearly his entire financial portfolio to make it happen, and that's without giving thought to the tens of millions it takes to actually run an NHL team every year. He simply doesn't have that kind of scratch, which is why he's been looking to partner with some
real rich ****s to make it happen. In the Welcome to Wrexham style documentary about the Ottawa Senators, Ryan Reynolds is Rob McElhinney, not Ryan Reynolds. I'd be surprised if he even ended up as a 20% stakeholder.
Fortunately, what Reynolds brings to the table isn't his financial might, it's the Ryan Reynolds brand. Ryan Reynolds is going to grow the Sens into one of the top international NHL teams, based solely on his name being attached to it, because people cannot get enough of him. He's also going to be invaluable in raising the standing of the organization within the league itself. Gary Bettman has been rock hard since the moment he first got wind that Ryan Reynolds wanted in on the Sens. A HUGE A list celebrity buys an NHL team and the league is gonna market the sh*t out of them. They'll be hosting drafts, and all-star games, players like Stützle and Tkachuk are going to be used heavily in marketing materials, and frankly I think there's a pretty good chance the league will straight up rig the lottery to put Ryan Reynolds on stage drafting 1st overall. The Crosby draft saved the Penguins franchise from bankruptcy, and the Matthews draft brought the biggest team in the league from a generation of being terrible all the way to a generation of mediocrity. I detest sports betting, but dropping a fiver on the Sens drafting 1st seems like pretty good money to me.