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Confirmed with Link: Senators are for sale - and it’s a Gong Show

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Larionov said:
It doesn't, and all of this talk of groups getting together is fantasy. Rich dudes didn't get rich by "collaborating" on ownership - they buy stuff and run it themselves. The NHL also doesn't want a messy ownership situation where there are multiple squabbling partners. They want one clear majority owner with perhaps one partner - that's it.
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tend to agree. The only thing that strikes me off the top if rich guy A (who is not a developer) wants to marry rich guy B who is and A believes that sharing equity in team in return for equity in broader building project is better/quick/cheaper in the long run than just going out and hiring a developer.

Didn't Conn Smythe famously build Maple Leafs Gardens in the depression by giving equity to the workers. Just looked that up - 20% reduction in pay in return for shares in the team. So this is an example of a very specific solution to a very specific problem.

This is the practical issue with Sparks imo. What are they at now, UK money, snoop money?, KZA money; others. The Native group has to vote on joining. Do they have to vote every time there is a money call? That's like a publicly traded corporation, which is not ideal as the shareholders don't really care about the owners' little hobby.

There are NHL owners that are owned by public companies I suppose - Ranger, Leafs, and Habs jump to mind, but those companies are in the entertainment business, so a sports portfolio makes sense.
 
Mingus Dew said:
If you have 20 active owners and each time a decision needs to be made each one gets a vote then yeah it's a circus.
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For a good while that was the MLSE model. John Ferguson Jr. once described what it was like for him as Leafs GM under that structure - he had to go to the Board for EVERYTHING, and everyone on the Board wanted their say. It was a total circus, and that's the exact structure the NHL is now trying to avoid.
 
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MMC said:
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-guy writes a tweet wondering if Reynolds will join before a final decision
-indicates his "contact" says nongoingtohappen
-fan says "ya, would probably join after".
-guy calls fan delusional.

This is where we are at folks. A.J Perez on Twitter is calling us out
 
It's a real shame RR isn't involved anymore. The NHL truly messed up. The Sens were the hottest team across all channels of media and the city was buzzing just from the 'potential' of RR being involved. The hype has died down from this dragged out process and it makes me sad. RR would of been the best thing to happen to the city of Ottawa.
 
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BUCKLE UP said:
It's a real shame RR isn't involved anymore. The NHL truly messed up. The Sens were the hottest team across all channels of media and the city was buzzing just from the 'potential' of RR being involved. The hype has died down from this dragged out process and it makes me sad. RR would of been the best thing to happen to the city of Ottawa.
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Seems like RR fault though, he picked a bid that wasn't likely to win when the NHL wanted him to stay neutral and then be added into the winning bid.
 
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Pain said:
ya Neko aint passing the board approval process.

These are conservative white men who don't take risks with unknowns.
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What are you talking about? At best he's a rich Black man backed by super-rich old white man money lol

Some people are really trying their hardest to turn this into a racial thing.
 
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Pain said:
ya Neko aint passing the board approval process.

These are conservative white men who don't take risks with unknowns.
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Has nothing to do with race and everything to do with the high likelihood he's a con artist trying to inflate his reputation as a major player, despite being a C tier movie producer, failed crypto hustler and overall sketchy dude.
 
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Hale The Villain said:
Has nothing to do with race and everything to do with the high likelihood he's a con artist trying to inflate his reputation as a major player, despite being a C tier movie producer, failed crypto hustler and overall sketchy dude.
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The con artist thing is a bit much. Sounds like he cast a broad net to finance his bid so structurally it may be less appealing. But the dude has the right people backing him.
 
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