Speculation: #Melnkyout...The time is NOW!

[aragorn]

Devcore will be very careful about partnering with Melnyk after seeing what he has done with his previous partner. If something goes wrong, Devcore may have to deal with frivolous lawsuits.

I'm not sure billionaires care, that's what all those lawyers they have on retainers are for. There is probably a pot of gold at the end of this Lebreton rainbow, enough I would imagine that some other billionaire may want a piece of it. They all go into these partnerships with a gazillion lawyers to start with anyway, I imagine there could be a plan B. Of course, it doesn't matter what this guy does most of the fan base will always hate him. He's his own worse enemy.

If you look closely you can see the K-Mart tag on his inner shirt....and you've got to give him credit, good job of hiding the Sens Store price tag on his jersey, so he can return it for resale after the game.

Okay, this made me laugh.

Have always tried to be a glass half full type of person.

The Senators Franchise is NOT as terrible as it's worst critics make it out to be, and it's not as great as it's biggest supporters make it out to be ..... that the same can be said of the Coach/Owner/Gm. Life is very short, and there's no time for fussing and fighting, my friend, I have always thought that it's a crime. Some things in life are bad, they can really make you mad, other things just make you swear and curse, when you're chewing on life's gristle, don't grumble, give a whistle, and this'll help things turn out for the best, and always look on the bright side of life.

Edit 2pm, must be getting old, no one noticed the lines, from two songs, that I inserted into my post?

The Beatles, We Can Work it Out. Good song. Sorry, I was out & just got back.

 

[Sun God Nika]

Ruddy is expected to counter sue EM for around 1.4 Billion in the next week or two. Merry Christmas Uncle Eugene! Good luck finding a partner now.

Any source for this? Pretty big to throw out there especially if it doesn't happen. Be careful Yak.

 

[Senscore]

Ruddy is expected to counter sue EM for around 1.4 Billion in the next week or two. Merry Christmas Uncle Eugene! Good luck finding a partner now.

Why not just a bajillion zillion at this point?

Either way he doesn't have it.

 

[Gil Gunderson]

Ruddy is expected to counter sue EM for around 1.4 Billion in the next week or two. Merry Christmas Uncle Eugene! Good luck finding a partner now.

Ummmm.....

 

[Gil Gunderson]

If Ruddy sues CSMI I would imagine this legal battle could drag on for years. The Senators are one of the assets within CSMI, does this mean the Senators could not be sold until all legal proceedings had been resolved ? I pray not.

If they sue each other, I expect them to settle it out of court.

.....hopefully negotiating a sale...

 

[Tnuoc Alucard]

I'm not sure billionaires care, that's what all those lawyers they have on retainers are for. There is probably a pot of gold at the end of this Lebreton rainbow, enough I would imagine that some other billionaire may want a piece of it. They all go into these partnerships with a gazillion lawyers to start with anyway, I imagine there could be a plan B. Of course, it doesn't matter what this guy does most of the fan base will always hate him. He's his own worse enemy.



Okay, this made me laugh.


The Beatles, We Can Work it Out. Good song. Sorry, I was out & just got back.

What about the other song?

 

[supsens]

What about the other song?

Life of brian

 

[Yak]

My source is very 110% reliable within the dev community in Ottawa and close enough to Ruddy to know this and told me this without a ounce of hesitation.

Now anything can change but in lawsuits is very common for the accused to counter sue. Best defence is to go on the offensive as well, which EM's lawyers more then likely know this would come anyhow so EM will not be surprised at all really. Any legal begals on here can chime in if they choose to.

I never sued anyone till last summer and this was their defense, to go on offense and countersue , do all the filings, hope for settlement in mediation but in this case won't likely happen. Then have have a long paper heavy court battle with tons of delays and motions and see who blinks first. It just matter of who has the stronger case.

This part is speclatory on part of source but 'Ruddy had no clue as to how crazy EM was and as things progressed so did his erratic behavior'

I don't really think I have said anything to earth shattering here , countersuit was expected and we know EM is wacky and broke and desperate for cash.

At the end of the day the only ones who end up richer are the lawyers in these cases. Although it has potential to handcuff both parties , more EM in this case due to his financial issues.

Just a preview to the next soap opera in land of the Senators.

 

[Gil Gunderson]

All this talk about Melnyk's erratic behaviour is starting to scare me. He's the type to relocate the team just to bring everyone down with him in a case like this.

 

[The Lewler]

All this talk about Melnyk's erratic behaviour is starting to scare me. He's the type to relocate the team just to bring everyone down with him in a case like this.

If he's going to try it, literally nothing any of us does will affect the outcome, so don't get too invested in it.

 

[Upgrayedd]

All this talk about Melnyk's erratic behaviour is starting to scare me. He's the type to relocate the team just to bring everyone down with him in a case like this.

I believe several of his actions with the team have been almost solely out of spite especially those that have clearly worked against him, similar to a wounded animal literally no action nor word at this point will shock me, I'm prepared for some extreme out there situations at this point.

 

[Ice-Tray]

If he's going to try it, literally nothing any of us does will affect the outcome, so don't get too invested in it.

Well, I mean an empty building does little to help in this scenario.

 

[Ice-Tray]

I don’t know much about Ruddy but he seems to have a lot of support around here.

Do we know what his companies involvement is in the bankruptcy and unpaid bills accociated with Landsdown?

Seems like a super lame situation surrounding that development.

 

[Grizwald]

I don’t know much about Ruddy but he seems to have a lot of support around here.

Do we know what his companies involvement is in the bankruptcy and unpaid bills accociated with Landsdown?

Seems like a super lame situation surrounding that development.

The development that turned out to be a first class place to be downtown and an organization the entire city is proud of, unlike the Mickey Mouse operation run by a low-life owner for our other professional sport's team. Is this your question?

 

[JD1]

The development that turned out to be a first class place to be downtown and an organization the entire city is proud of, unlike the Mickey Mouse operation run by a low-life owner for our other professional sport's team. Is this your question?

people's perspectives are interesting

there is a pretty damning article about the Lansdowne development and the sour taste it left in a lot of mouths over not getting paid and causing bankruptcies because of it.

it's a nice development for sure but there's nothing to be proud about when you read about how many people got screwed building the place

Lifting Lansdowne's veil: Lawsuits tell story of escalating costs, unpaid bills, business failure

 

[Grizwald]

people's perspectives are interesting

there is a pretty damning article about the Lansdowne development and the sour taste it left in a lot of mouths over not getting paid and causing bankruptcies because of it.

it's a nice development for sure but there's nothing to be proud about when you read about how many people got screwed building the place

Lifting Lansdowne's veil: Lawsuits tell story of escalating costs, unpaid bills, business failure

I've read about the issues and am sorry for those people and businesses. [Mod] However, if businesses did sign fixed-priced contracts they may unfortunately be partially to blame for signing bad contracts. Melnyk is another issue: Zero chance the downtown arena gets built with him involved and the Sens will be cursed forever with him as owner. May be a little dramatic there but you get my point....lol

 

[Tnuoc Alucard]

I don't really think I have said anything to earth shattering here , countersuit was expected and we know EM is wacky and broke and desperate for cash..

Just how do "we" know EM is broke and or desperate?

Has the team missed a payroll?

Is EM stationed at the exit from the 417 @ the CTC, walking up and down the line of cars looking for loonies?

 

[Tnuoc Alucard]

All this talk about Melnyk's erratic behaviour is starting to scare me. He's the type to relocate the team just to bring everyone down with him in a case like this.

revisiting this meeting, and hearing the the foreshadowing is interesting, now.

​

 

[Yak]

I think this is where we are at in regards to Downtown stadium and ownership.

1. Devcore are willing to to do business with EM , someway , somehow it gets done, stranger things have happened. This is EM few and last options to still get a stadium built and still be part of the ownership but Devcore hold a lot of power in this situation and could ask for controlling interest of the team.

2. Eugene finds forgien investors willing to dump their money in the hands of crazy man. HUAWEI ARENA anyone? Lol

3. Gary has a new owner lined up to take over the Sens and convinces EM to sell or they push him out and let EM sue the NHL....lol

4. EM makes the CTC work till he runs out of refinancing options and bridge loans and they get called in or he Sells team for a profit and opens a franchise of Bart's Bar around the world.

5. Nuclear option, he says he will move the franchise threat. This will blow up like you could not imagine. Gary does not like to move franchise's in first place and will piss him and BOG off knowing Ottawa is a good market with a crazy owner. The city will go nuts and will turn into a PR disaster for NHL and EM. This will for sure will turn the NHL to take control of the franchise till new buyer is found.


EM is running out of options local investors will not be involved with him that's for sure.

City has probably had enough of him as well and giving him any sweetheart deals have long passed.

NCC are a fickle bunch but not crazy like EM and would imagine patience for him is already getting razor thin.

Forgein investors that due their due diligence on EM will run the other way unless they structure a contract that handcuffs him from being EM crazy but I don't see that happening.

NHL , Gary does not seem very please with the situation and his wording on last GM meetings I felt had tone of displeased with the sideshow of EM and not the usual happy face PR spin that Gary usually puts on and is seeing how difficult and volatile EM is.

My final take on this situation is give the man enough rope and he will hang himself ( not literally) and I think we sit back grab the popcorn watch it unfold. By time the time the team rebuild is done , we should have a new owner in place is my thoughts.

 

[aragorn]

I just don't see this stubborn owner selling any time soon & certainly not before July 1 when at that time EK will have signed with another team for long term, so I doubt he will return as so many seem to want. I think it's possible he could partner with Devcore or someone new to get the Lebreton project back up & running or look to do something else in Kanata.

He may try to revisit the idea of building a Hotel/Casino complex in Kanata to help finance his NHL franchise, however, he has very big problems with this mayor & city council & may never be able to get anything from them. If he doesn't get something though, I don't see relocation as out of the question, regardless of what people say on here, it's his team & he will try whatever he can to increase it's value. I just don't see him selling anytime soon though, at least not this yr or next.

 

[Gil Gunderson]

I think this is where we are at in regards to Downtown stadium and ownership.

1. Devcore are willing to to do business with EM , someway , somehow it gets done, stranger things have happened. This is EM few and last options to still get a stadium built and still be part of the ownership but Devcore hold a lot of power in this situation and could ask for controlling interest of the team.

2. Eugene finds forgien investors willing to dump their money in the hands of crazy man. HUAWEI ARENA anyone? Lol

3. Gary has a new owner lined up to take over the Sens and convinces EM to sell or they push him out and let EM sue the NHL....lol

4. EM makes the CTC work till he runs out of refinancing options and bridge loans and they get called in or he Sells team for a profit and opens a franchise of Bart's Bar around the world.

5. Nuclear option, he says he will move the franchise threat. This will blow up like you could not imagine. Gary does not like to move franchise's in first place and will piss him and BOG off knowing Ottawa is a good market with a crazy owner. The city will go nuts and will turn into a PR disaster for NHL and EM. This will for sure will turn the NHL to take control of the franchise till new buyer is found.


EM is running out of options local investors will not be involved with him that's for sure.

City has probably had enough of him as well and giving him any sweetheart deals have long passed.

NCC are a fickle bunch but not crazy like EM and would imagine patience for him is already getting razor thin.

Forgein investors that due their due diligence on EM will run the other way unless they structure a contract that handcuffs him from being EM crazy but I don't see that happening.

NHL , Gary does not seem very please with the situation and his wording on last GM meetings I felt had tone of displeased with the sideshow of EM and not the usual happy face PR spin that Gary usually puts on and is seeing how difficult and volatile EM is.

My final take on this situation is give the man enough rope and he will hang himself ( not literally) and I think we sit back grab the popcorn watch it unfold. By time the time the team rebuild is done , we should have a new owner in place is my thoughts.

I’m just not sure how much the NHL can do if he decides to pack up and move. Melnyk can just threaten them with a lawsuit if they try to block it just like owners do in the NFL.

 

[Yak]

I’m just not sure how much the NHL can do if he decides to pack up and move. Melnyk can just threaten them with a lawsuit if they try to block it just like owners do in the NFL.

Moving franchises was something that was done when their is no potential owner for the team. Usually these situations are when financial situation has become very dire. How many successful markets have had their teams relocated cause the owner does not get what he wants? Zero

I don't want to rehash every relocation that took place but they were all forced due to poor ownership with lack of funds to continue operating the teams or marketplaces that were mismanged and effected attendance again related to poor management and no potential buyers.

Ottawa is very good NHL marketplace with a bad owner, period. Bettman is in the mode of selling franchises not moving them like in the past. Threats of relocating are on that empty threats , they cause devide between the team and the community when used and is tatic employed when ownership is not getting it's way. If anyone drinks the relocation Kool-Aid you are playing into EM's hand.

Their is probably only one franchise that has any potential to be relocated and that is Arizona and that drama has been going on for 10 years and a few bad owners. Even then Gary is committed to making it work and if he won't let Arizona relocate, a hockey hotbed in Canada like Ottawa will never be up for discussion. The fact that we would even debate that as potential possiblity is very unreal cause we all know EM would never pay for the relocation fee and new arena in a new city and uncertain local and corporate support and no city will pony that kind of money for NHL team specially with EM as the owner.

Fact is Senators are not going anywhere but EM will be out as owner, is just matter of time and patience and you can take that to the bank.

 

[Tuna99]

Whatever side you are on these 2 things will always be a constant:

1. Melnyck will never build Lebreton or have the Sens play in downtown Ottawa.

2. The team will continue to putter along soiling itself because the sum of the Ottawa Senators parts is evident to us now - a bad team, with poor leadership, a lack of several badly needed skills, no trust between ownership-player & ownership-fan & ownership-media & ownership-partners (city, Ruddy, STH) and bad parking

 

[JD1]

Their is probably only one franchise that has any potential to be relocated and that is Arizona and that drama has been going on for 10 years and a few bad owners. Even then Gary is committed to making it work and if he won't let Arizona relocate, a hockey hotbed in Canada like Ottawa will never be up for discussion.

I've seen this logic on the boards a few times and I think it's backwards for a couple of reasons. The primary one is this:

Bettman's primary objective during his tenure has been to grow the league and revenues for his ownership group. on that front he's been unquestionably successful. one of the things he's done is target markets and put hockey in those markets. Arizona has been important to his agenda of strengthening hockey in the south. It's not the market that he won't abandon, it's his agenda that he won't abandon.

I'm not making the agenda up. he's been very public about that.

ask yourself how Ottawa contributes to that agenda? There's no need to strengthen the market in Canada. A team in Ottawa isn't going to impact national TV deals.

And you mentioned this being a strong market. It's been mentioned that this market has the weakest potential corporate base. I've never seen that study but it's been discussed here enough that I think we can accept that as true.

Then you need to look at Bettman's track record. Have other Canadian franchises moved? Yes. Twice.

Personally I think the only thing working in our favour is the volatility of our current ownership and whether Bettman would allow that ownership to enter a new market

 

[Fandlauer]