Ottawa Senators receiving bids for more than 900 million USD (1.24 billion CDN)

[Gaylord Q Tinkledink]

So that's why they turned down my 200 dollars, szechuan sauce packet and a 15 minute strip tease...

Gotta imagine the Remington group with RR is still the leader ?

 

[Pyrophorus]

I would say you can't say anything until they do something.

 

[Masked]

If you value it as a business, no.

If you value it as an investment, well, it appears as if few sports franchises lose their value as a restricted commodity.

And for all the cries about the Senators being a small market team, it does have a really good regional tv deal. Likely because their tv market is almost a third of Canada's population with the Leafs being the only Canadian NHL franchise that has a larger tv market.

Assen na yo!

 

[Dr Pepper]

So that's why they turned down my 200 dollars, szechuan sauce packet and a 15 minute strip tease...

Gotta imagine the Remington group with RR is still the leader ?

.........how much you want for that sauce packet?

 

[NyQuil]

.........how much you want for that sauce packet?

I've already put in my bid, find your own sauce packet!

 

[Gaylord Q Tinkledink]

.........how much you want for that sauce packet?

I've already put in my bid, find your own sauce packet!

Hold on, sweeties.

Is it just for the packet to dip your nuggets in, or do you want me to pour it on myself ?

Changes the price, baby.

 

[Dr Pepper]

Hold on, sweeties.

Is it just for the packet to dip your nuggets in, or do you want me to pour it on myself ?

Changes the price, baby.

Nah, it's strictly for some delicious nugget-dipping.

Pouring it on you would be a waste.

 

[Voight]

Doesn't Ottawa have the bigger minor hockey tournament with the bell Canada cup?

Proportional to population, the Ottawa area produces more NHL talent than Toronto per capita. Ottawa produces like 1/3 of the NHL talent of Toronto while being 1/5 of the population. I'll try to find the article.

OHL Cup is bigger. Its also the premiere showcase for kids trying to get drafted into the OHL / noticed by NCAA teams.

I think a big part of it too, is if you're a billionaire and a fan of sports, a sports team is like the ultimate toy you can buy

Its a very very exclusive club to be in.
Especially in NA.

 

[Golden_Jet]

OHL Cup is bigger. Its also the premiere showcase for kids trying to get drafted into the OHL / noticed by NCAA teams.



Its a very very exclusive club to be in.
Especially in NA.

Not sure 20 teams compares to a few hundred teams from around the world.

 

[J bo Jeans]

OHL Cup is bigger. Its also the premiere showcase for kids trying to get drafted into the OHL / noticed by NCAA teams.



Its a very very exclusive club to be in.
Especially in NA.

OHL Cup is certainly not bigger than the Bell Capital Cup. OHL Cup takes the top 20 U16 AAA teams from Canada with a few US teams. While Bell Capital Cup hosts over 300 teams across every age group from teams all over the world.

 

[Karl Eriksson]

Proximity to substitute services boosts value? Must be the same leaf fans that think they beat Tampa last year.

Torontonians and Montrealers don’t come to sens games outside of when their teams play. 4 times combined.

What makes ottawa attractive is its status as the capital which gives it more than its fair share of tourist relevant sites, like Parliament and museums for a small city. Also more than it’s fair share of festivals. So you get a fair amount of tourists at any given point compared to say Winnipeg or Edmonton.

The fact that it’s a government town also means that you don’t have the very rich, but that many families can afford 1-2 family outings a year to the sens.

We don’t benefit from being 450 km from Toronto and certainly aren’t benefiting from any insights from their fans here. Adding some names to the block list.

 

[Pink Mist]

OHL Cup is certainly not bigger than the Bell Capital Cup. OHL Cup takes the top 20 U16 AAA teams from Canada with a few US teams. While Bell Capital Cup hosts over 300 teams across every age group from teams all over the world.

Replace bigger with meaningful then

 

[LeafGrief]

Sports franchise prices for non-marquee teams are probably in a bit of a bubble, but the investors are certainly going to think that they can turn an Ontario hockey team, in the nation's capital no less, into a marquee NHL franchise over the next decade or two.

I hope they do it. I miss the Battle of Ontario, the Sens getting back into the playoffs might be the only hope the Leafs have of making it to round 2.

 

[Scomerica]

I wasn’t aware that there was virtually nothing to do pre and post game and that the likelihood of having people walk in and buy tickets was zero.

Out of curiousity, what is the average ticket price there?

 

[NyQuil]

Out of curiousity, what is the average ticket price there?

It's pretty cheap here.

The tickets themselves I think are the cheapest in the NHL, with overall game experience cost in the bottom 1/3.

There's some variation depending on how they calculate it.

This is from October 2022 but reflects 2021-2022 season game experience values:

(ticket + 2 beers + 1 hotdog + parking)

 

[Lady Stanley]

And for all the cries about the Senators being a small market team, it does have a really good regional tv deal. Likely because their tv market is almost a third of Canada's population with the Leafs being the only Canadian NHL franchise that has a larger tv market.

Assen na yo!

Ssshhh, be kind.

When people realize the sens have one of the biggest television markets in the league, they feel insecure.

Seriously it amazes me how people don't realize how narrow a span of a time the sens have had any kind of success. Their first playoff game was only 21 years before their last. That's a single generation of kids who grew up with a winning team. I take it for granted when childhood sens fans start having kids there's gonna be explosion in the popularity of the team.

Brady Tkachuk is gonna do as much for the Sens as Tage Thompson will do for the Sabres.

It's not about talent it's about charisma. Guy makes the dullest of games fun. Contrast to the not to be mentioned team where even winning lacks passion.

 

[SI90]

With the right ownership they could be such a great franchise.

 

[gstommylee]

Sens to Houston , Flames to Atlanta , Yotes to Quebec City??

NHL isn't relocating any teams...

 

[BLONG7]

Maybe read the thread. The answer is in post #6.

Reread my question...................the answer is not in post 6

How much for a new Stadium downtown?????

Go...........

going to be hard not to like Ottawa a little atleast with Ryan Reynolds part of the ownership.

I think their fans are hoping for Shania Twain....

 

[NyQuil]

Reread my question...................the answer is not in post 6

How much for a new Stadium downtown?????

Go...........

You had also asked about moving to Quebec City, and the condition of the sale is that they cannot.

Senators initiate sale with condition of staying in Ottawa

The Ottawa Senators have begun the process to be put up for sale, Senators Sports and Entertainment announced on Friday.

www.sportsnet.ca

As for the stadium downtown, the process of the sale has not interfered with the Senators' objective to sign a lease for a downtown arena at LeBreton Flats in the fall of 2023:

NCC expects to sign lease this fall for NHL arena at LeBreton Flats

The head of the National Capital Commission says he's optimistic it will finalize a long-term lease with the Ottawa Senators for an arena at LeBreton Flats this fall, even with the franchise up for sale.

ottawa.ctvnews.ca

 

[BLONG7]

Ottawa is a more valuable city for an NHL Franchise than Quebec City, you don't buy the Rangers and move them to Connecticut

LOL.............

You had also asked about moving to Quebec City, and the condition of the sale is that they cannot.

Senators initiate sale with condition of staying in Ottawa

The Ottawa Senators have begun the process to be put up for sale, Senators Sports and Entertainment announced on Friday.

www.sportsnet.ca

As for the stadium downtown, the process of the sale has not interfered with the Senators' objective to sign a lease for a downtown arena at LeBreton Flats in the fall of 2023:

NCC expects to sign lease this fall for NHL arena at LeBreton Flats

The head of the National Capital Commission says he's optimistic it will finalize a long-term lease with the Ottawa Senators for an arena at LeBreton Flats this fall, even with the franchise up for sale.

ottawa.ctvnews.ca

Thanks for the info.....much appreciated.

 

[Arthur Morgan]

I think their fans are hoping for Shania Twain....

lol dont think that will sway my attention much but whatever helps ottawa become a better franchise for the NHL Im down for

 

[Gil Gunderson]

LOL.............

I mean, one of the issues with the Ottawa market is that it's a government town (the largest employer) and the corporate support isn't there. That same issue exists in Quebec City, just with a metro population that's barely half of Ottawa's.

An Ottawa Senators franchise with a downtown arena is definitely more valuable than one in Quebec City.

 

[PoutineSp00nZ]

Only thing about the Sens worth $900 million is the ability to move them to another city.

Hey did you think up that one all on your own? Such a clever burn.

Way to go champ.

 

[bossram]

The valuation is because it is more than just the team in the deal.

The deal also includes all the land that is owned by the organization and includes the building of an arena/venue downtown.

A lot of bidders are property developers, who a little bird told me, plan on building the arena, developing the area, redeveloping the land the current arena is on then selling just the team in 5 years.
This is a property deal with an NHL team included to some of them.

This is why I want Ryan Reynolds buys the team. He wants the team to be the focus. Even though he is partnered with a developer...

I mean, even if Ryan Reynolds is part of the ownership group, he won't be a majority owner, or even have close to the largest stake.

The league wants Reynolds to be part of it because he's a friendly face and good on camera - the opposite of Melnyk. Basically a perfect spokesman. I don't think he'll have a ton of say in the business direction of the new ownership group.