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

[BonHoonLayneCornell]

so do you think the “Big investors” are going to pour their own money into the franchise, without any thought of a ROI?

Dude, seriously, you keep banging this drum, but its going to happen, just come to terms with it now. Nobody is going to pay what the price is to then come in and nickel and dime the hockey team like Melnyk did. Give your head a shake.

I mean, if you really consider that suggestion, youre talking about required shedding immediately because theyre practically bumping up against the ceiling for next year as it is. Obviously they arent going to burn bridges by coming in and making cutting spending the priority day one.

And they will surely see the benefit of qualified executive/coaching hires being in charge considering the precedents around the league.

 

[Tnuoc Alucard]

That’s what the real estate play is about, that’s why teams increase in value. 125 million to 900 million in 20 years. Excellent return on investment.
Non hockey related returns from arena.

So what real estate “play” are you attributing to the Current owners?

All I see is the CTC, the parking lot and not much more.

The infinite money would come from the uk group as a part of that neko bid, the people rumoured to be financially backing it up .if they are a part of that bid and the sens have have the second richest ownership group I can’t imagine a world where we don’t spend like the other top rich teams

So Ottawa will instantly become a “Top rich team”…. And the rumoured people are just willing to piss away their money, for what?

 

[GCK]

So what real estate “play” are you attributing to the Current owners?

All I see is the CTC, the parking lot and not much more.



So Ottawa will instantly become a “Top rich team”…. And the rumoured people are just willing to piss away their money, for what?

Obviously a new rink will have additional lands for development. No one is building at Lebreton or anywhere else without additional lands available. You know this but you are being purposely obtuse.

 

[Wondercarrot]

Dude, seriously, you keep banging this drum, but its going to happen, just come to terms with it now. Nobody is going to pay what the price is to then come in and nickel and dime the hockey team like Melnyk did. Give your head a shake.

I mean, if you really consider that suggestion, youre talking about required shedding immediately because theyre practically bumping up against the ceiling for next year as it is. Obviously they arent going to burn bridges by coming in and making cutting spending the priority day one.

And they will surely see the benefit of qualified executive/coaching hires being in charge considering the precedents around the league.

It’s like talking to the uncle at thanksgiving you see a few times a year and dread it b/c he’s never right about anything and never lets it go.

 

[Tnuoc Alucard]

Dude, seriously, you keep banging this drum, but its going to happen, just come to terms with it now. Nobody is going to pay what the price is to then come in and nickel and dime the hockey team like Melnyk did. Give your head a shake.

I mean, if you really consider that suggestion, youre talking about required shedding immediately because theyre practically bumping up against the ceiling for next year as it is. Obviously they arent going to burn bridges by coming in and making cutting spending the priority day one.

And they will surely see the benefit of qualified executive/coaching hires being in charge considering the precedents around the league.

so you expect the new ownership, after paying al most a record amount for a NHL franchise, and shorty following that paying the lion share of an new arena, are simultaneously going spend big time on the operations staff, management and whatever else a large profitable NHL franchise does?

I don’t, I expect an increase over what the previous owner did, and as the fortunes of the team go forward, ownership will be prudent with any reasonable increase to the operating budget…. I don’t see balls to the walls spending for spendings sake, as so many here think will happen.

 

[Tnuoc Alucard]

Obviously a new rink will have additional lands for development. No one is building at Lebreton or anywhere else without additional lands available. You know this but you are being purposely obtuse.

I was responding to the assertion that the Melnyk family will be profiting on a “real estate” play, as the poster used as an example.

In regards to the Lebreton deal, as it stands today, there is only enough land set aside for the Arena, by the NCC, and nothing much more than perhaps parking for 500 vehicles. So no condos or hotels involved in the current agreement with the NCC.

 

[Golden_Jet]

So what real estate “play” are you attributing to the Current owners?

All I see is the CTC, the parking lot and not much more.

So glad you agree with the rest of my post, the real estate play, when more land is negotiated, or if another site.

CTC land is a bonus. But the land is close 100 million. Little over a million an acre.
You sell or develop that. Probably more in development if you already own it.

So with the other points. there’s your ROI.
But ya it’s a lot of money upfront.

 

[CorrectOpinion]

Seems like the facts are the facts.

Dorion has put an elite core in place, almost all of them signed long-term. One of the highest performing teams in the league over the last few months. At the same time the team's public imagine has been undergoing a massive rehabilitation; fans haven't been this engaged in many years.

Is it an accident that the team's value skyrocketed a reported 21% according to the unassailable Sportico?

In just a short 5 year period, Dorion has overseen the death and rebirth of the Ottawa Senators. We are primed for unparalleled success.

"When a true genius appears in the world, you may know him by this sign, that the dunces are all in confederacy against him." - Bob McKenzie on NHL GM Pierre Dorion.

Pierre Dorion is no Ignatius J Reilly.

 

[Golden_Jet]

I was responding to the assertion that the Melnyk family will be profiting on a “real estate” play, as the poster used as an example.

In regards to the Lebreton deal, as it stands today, there is only enough land set aside for the Arena, by the NCC, and nothing much more than perhaps parking for 500 vehicles. So no condos or hotels involved in the current agreement with the NCC.

Not the Melnyk’s lmao. The new owner sheesh.
I thought it was obvious what the 125-900 million was in regards to, and the other parts were new owner related.

 

[Tnuoc Alucard]

Not the Melnyk’s lmao. The new owner sheesh.

sorry that you misread the poster, and my response to him…. Your bad

If all goes as planned, the new arena will be built on a six-acre parcel of land on Albert Street between Preston Street and City Centre, just west of Ottawa’s new central library, which is now under construction.​

​

By comparison, the Canadian Tire Centre and the surrounding parking lots sit on 75 acres.​

GARRIOCH: Suitors for the Senators could be seeking more land at LeBreton Flats

The National Capital Commission is hoping to have a lease with the Senators' new owners in place by the fall.

ottawasun.com

 

[Sens of Anarchy]

Seems like the facts are the facts.

Dorion has put an elite core in place, almost all of them signed long-term. One of the highest performing teams in the league over the last few months. At the same time the team's public imagine has been undergoing a massive rehabilitation; fans haven't been this engaged in many years.

Is it an accident that the team's value skyrocketed a reported 21% according to the unassailable Sportico?

In just a short 5 year period, Dorion has overseen the death and rebirth of the Ottawa Senators. We are primed for unparalleled success.

"When a true genius appears in the world, you may know him by this sign, that the dunces are all in confederacy against him." - Bob McKenzie on NHL GM Pierre Dorion.

Actually Jonathan Swift on Ouroborous

 

[GCK]

I was responding to the assertion that the Melnyk family will be profiting on a “real estate” play, as the poster used as an example.

In regards to the Lebreton deal, as it stands today, there is only enough land set aside for the Arena, by the NCC, and nothing much more than perhaps parking for 500 vehicles. So no condos or hotels involved in the current agreement with the NCC.

It’s fairly obvious that the Lebreton agreement will include addition land for commercial and residential development.

 

[Tnuoc Alucard]

It’s fairly obvious that the Lebreton agreement will include addition land for commercial and residential development.

I posted links to support my understanding of the current deal, that only involves the six acres allotted by the NCC for the Arena.


so please post the obvious links for any additional land (at Lebreton flats) that you’re aware of….
thanks.


also, if there are any additional land at Lebreton Flats, that will be part of this deal, it will not be “thrown in”, it will come at an additional cost above and beyond the Franchise, the Land for the Arena and the cost of the construction of the Arena….

 

[Sun God Nika]

So what real estate “play” are you attributing to the Current owners?

All I see is the CTC, the parking lot and not much more.



So Ottawa will instantly become a “Top rich team”…. And the rumoured people are just willing to piss away their money, for what?

Ask the Pegulas why they pissed so much away on Buffalo

 

[GCK]

I posted links to support my understanding of the current deal, that only involves the six acres allotted by the NCC for the Arena.


so please post the obvious links for any additional land (at Lebreton flats) that you’re aware of….
thanks.


also, if there are any additional land at Lebreton Flats, that will be part of this deal, it will not be “thrown in”, it will come at an additional cost above and beyond the Franchise, the Land for the Arena and the cost of the construction of the Arena….

Everyone understands that the price of the initial transaction does not include any lands for a new arena.

 

[GCK]

I posted links to support my understanding of the current deal, that only involves the six acres allotted by the NCC for the Arena.


so please post the obvious links for any additional land (at Lebreton flats) that you’re aware of….
thanks.


also, if there are any additional land at Lebreton Flats, that will be part of this deal, it will not be “thrown in”, it will come at an additional cost above and beyond the Franchise, the Land for the Arena and the cost of the construction of the Arena….

Taken directly from the NCC news release last June about the MOU with the Sens.

“While CSDI works to further elaborate on their concept and create an implementation plan, on the basis of the MOU, the NCC and CSDI will also work toward the goal of signing a long-term lease agreement by the fall of 2023. That lease agreement will include commercial terms, as well as clear targets related to sustainability, affordable housing and benefits for the Algonquin Nation. In parallel, CSDI will also work with the City of Ottawa to secure the required municipal approvals.”

If you read the release above it references affordable housing targets, which is not something that would be added to a lease agreement which only relates to a major events centre.

 

[Golden_Jet]

sorry that you misread the poster, and my response to him…. Your bad

If all goes as planned, the new arena will be built on a six-acre parcel of land on Albert Street between Preston Street and City Centre, just west of Ottawa’s new central library, which is now under construction.​

​

By comparison, the Canadian Tire Centre and the surrounding parking lots sit on 75 acres.​

GARRIOCH: Suitors for the Senators could be seeking more land at LeBreton Flats

The National Capital Commission is hoping to have a lease with the Senators' new owners in place by the fall.

ottawasun.com

View attachment 675851

I’m aware of that, it’s been speculated that any negotiations will involve more land.

At least you agree on all the other parts now finally, any you narrowed your counters to more land.

 

[Tnuoc Alucard]

I’m aware of that, it’s been speculated that any negotiations will involve more land.

At least you agree on all the other parts now finally, any you narrowed your counters to more land.

Look, Golden Jet posted

“That’s what the real estate play is about, that’s why teams increase in value. 125 million to 900 million in 20 years. Excellent return on investment.“


that implies that the Melnyk family has cashed in on a “real estate play”….. but other than improvements to the CTC, and perhaps repaving the parking lot…. I asked him what he was alluding to…. He has yet to respond.

so you’re speculating….. I am working with what we know to be the current situation with the NCC, and it only involves 6 acres…. And all these commercial building, an residential units that Golden Jet is taking about must all be speculation as well.

 

[Tnuoc Alucard]

Taken directly from the NCC news release last June about the MOU with the Sens.

“While CSDI works to further elaborate on their concept and create an implementation plan, on the basis of the MOU, the NCC and CSDI will also work toward the goal of signing a long-term lease agreement by the fall of 2023. That lease agreement will include commercial terms, as well as clear targets related to sustainability, affordable housing and benefits for the Algonquin Nation. In parallel, CSDI will also work with the City of Ottawa to secure the required municipal approvals.”

If you read the release above it references affordable housing targets, which is not something that would be added to a lease agreement which only relates to a major events centre.

the 6 acres the NCC set aside for the Arena, only has enough room for the Arena, and that is all that is involved with the MOU between thee NCC and the current ownership of the Senators….at least that is my read of the deal.

 

[Golden_Jet]

Look, Golden Jet posted

“That’s what the real estate play is about, that’s why teams increase in value. 125 million to 900 million in 20 years. Excellent return on investment.“


that implies that the Melnyk family has cashed in on a “real estate play”….. but other than improvements to the CTC, and perhaps repaving the parking lot…. I asked him what he was alluding to…. He has yet to respond.

so you’re speculating….. I am working with what we know to be the current situation with the NCC, and it only involves 6 acres…. And all these commercial building, a residential units that Golden Jet is taking about must all be speculation as well.

Which was in response to:

so do you think the “Big investors” are going to pour their own money into the franchise, without any thought of a ROI?

Big investors want an roi
With response of
Real estate play
And an example of what the roi looks like with the impending sale. Which I already explained and made more clear in subsequent posts.

You’re being obtuse, as already pointed out. Moving goalposts. I’m done.

 

[Tnuoc Alucard]

Which was in response to:

so do you think the “Big investors” are going to pour their own money into the franchise, without any thought of a ROI?

Big investors want an roi
With response of
Real estate play
And an example of what the roi looks like with the impending sale. Which I already explained and made more clear.
You’re being obtuse . Moving goalposts. I’m done.

So you can’t prove your point, without pointing to the real estate play (commercial and residential) the Melnyk (family) is cashing in on….

You set up the goal posts, and the kick was wide right.

 

[Masked]

the 6 acres the NCC set aside for the Arena, only has enough room for the Arena, and that is all that is involved with the MOU between thee NCC and the current ownership of the Senators….at least that is my read of the deal.

Why do you think there's been talk of other sites in the past week or two? It's to put pressure on the NCC to expand the land parcel available to the new owners. There's really no reason to split up the land now that Melnyk is six feet under.

Assen na yo!

 

[BonHoonLayneCornell]

It’s like talking to the uncle at thanksgiving you see a few times a year and dread it b/c he’s never right about anything and never lets it go.

Pretty much lol

 

[BonHoonLayneCornell]

so you expect the new ownership, after paying al most a record amount for a NHL franchise, and shorty following that paying the lion share of an new arena, are simultaneously going spend big time on the operations staff, management and whatever else a large profitable NHL franchise does?

I don’t, I expect an increase over what the previous owner did, and as the fortunes of the team go forward, ownership will be prudent with any reasonable increase to the operating budget…. I don’t see balls to the walls spending for spendings sake, as so many here think will happen.

Absolutely I do. There will still be a line that gets drawn as with almost any franchise, they wont be doing million dollar giveaway nights, but yes, Id bet my house that we're going to see a cap ceiling team with reputable hires that cost money as the starting point. Youre nuts if you think theyre going to come in and start shedding salary or bombarding the fanbase with budget talk again. The investment is the only option to try to grow it, get a winning hockey team and drive fan interest.

 

[Emerica]

It’s like talking to the uncle at thanksgiving you see a few times a year and dread it b/c he’s never right about anything and never lets it go.

i was gonna say. Gotta admire the self confidence tho. Always be wrong yet still be so confident about it and always coming back for more