- Oct 9, 2012
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Speculation- According to Kypreos- Aquilinis are contemplating putting the Canucks up for Sale
- Thread starter UrbanImpact
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thebeernerd
Nico Hischier, hot Nico
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Ok that makes more sense. Somehow I thought he was a billionaire, or close to it.
They're just pointing out the double standard we see from the Canadian fans. Any time a team is changing ownership or something in the USA, we get to hear the same nonsense from the peanut gallery up north.
At least that's how I interpreted it. If that person was actually serious, well, sorry.
Probably depends on whether he had investors, like with Shark Tank / Dragon's Den. He may have only had a much smaller % with Venture Capitalists fronting a larger chunk.
Even if he never sold Mint, his net worth would take in the current valuation of Mint.
MrHeiskanen
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- Nov 12, 2017
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the numbers I saw might have been before the sale then? Because it looks like is cut of the sale was about 300m
dirtydanglez
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Here's how much cash Ryan Reynolds pocketed after $1.3 billion Mint Mobile deal
And why that means he may be a step closer to owning Canadian hockey team, Ottawa Senators
nationalpost.com
It said in the NP, that RR owned about 25% of Mint Mobile, with a sale price of roughly $1.3 billion, so his take would be $325 million from that (less taxes). Plus, the rest of his net worth from acting and other ventures. So, he will need business partners
End of the day, it's not unusual for an owner to look to cash out. Vinnik in TB sold like half or something of the Bolts recently. Mario sold the Pens. Preds were also sold.
Frank is the main person of the family dealing with the Canucks. So, if there isn't a succession plan, if the rest of the family (his brothers or nephews/neices) since Frank is estranged from his kids, are not interested, then selling the team is the logical step.
The family want wish to use the built up equity on other ventures. Also, with pro sports teams, there are going to be a very limited number of individuals who can purchase them. Or they will be bought by large companies.
BKIslandersFan
F*** off
Jared Grayden
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- Mar 23, 2025
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I actually didn't know that either until recently. But it sounds like a major inconvenience according to rumors about Tocchet and Hughes. Rutherford openly joked about it at his press conference.
RandV
It's a wolf v2.0
To be fair a lot of that is probably because the Coyotes had been more or less up for sale for like their entire existence, after being moved there from Winnipeg. Plus there was the fiasco with the Blackberry guy that went on a few years effecting Nashville and Pittsburgh I believe.
Kevinsane
Kraken up.
I was a Canucks fan of the die hard variety from 1969 to December of 2022. I’m in social work, and I’ve done therapy for children who have endured physical and emotional abuse.
I’m no longer in any way a Canucks fan.
I merely provide the dots. Anyone connecting them is probably right.
Each team's value is determined by their respective market. The expansion markets are all large US cities such as Houston, Atlanta, Phoenix area (if you compare the NBA valuations of those clubs rankings).
Logically, it makes sense to sell the arena. Though it is coming up on 30 years which isn't as big an issue, as much as the size of the arena as it was built to fit in between 2 viaducts, thus the concourse is very narrow comp;ared to other teams.
Either way though, either the other party buys Rogers Arena or has to purchase land and built a new arena. Post Covid, with more WFH, more vacant suites. Question is whether there is enough land for sale in an arena to build an arena.
No they do not. Fans here have been puzzled by how long it is taking. The owner's main business is real estate, so we figured they would have figured it out by now. But, they've been trying to partner with other parties but can figure anything out.
Came close to a location near their home arena, but that deal fell apart. But, from what I last read, the other party was going to proceed with a hockey facility without the Canucks.
The thinking here is that the Canucks owners didn't want to put any money into it since the surrounding development isn't theirs. That lending the Canucks name to it and allowing the public to use it when they are not would bring value to offset a financial contribution. But, that's just an assumption here.
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- Oct 9, 2012
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The viaducts around the arena were approved for removal in 2007, they have wanted to expand the arena but the removal and planned usage of the area the viaducts take up has been in limbo
BKIslandersFan
F*** off
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Fatass
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Either at their home rink (if it’s available and often it’s not) or at a local University.
That's what they do. It is better to have their own as they then don't need to move anything. I mean, if the GM wanted to watch practice they'd have to spend close to half an hour between Rogers and UBC each way to commute to return to their office.
A practice facility is also where players rehab, do off ice condititioning, maintenance like Physio, Massage, Chiro, Accupunture, etc., team meetings, video sessions, eat (with food prepared by the team and their nutrionist). Plus, teams normally house their staff there (hockey ops).
So, fully understand why it's an issue for the Canucks to not have their own.
I mean, in the NFL, teams are near the bottom of the PA report card if they haven't upgrade the practice facilities, which are used more often than NHL/NBA teams as even for road games, they practice there and then fly out on either Friday/Saturday, depending on where they have to go.
- Oct 9, 2012
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They still have most of that at the arena, they just don’t have full control of on ice time
Fatass
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Fatass
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The home rink doesn’t always have ice. It’s taken out. Then where does the club go? Medical/rehab at home rink but skate at the University? The owner is a developer. There’s more to the club not having a proper practice facility than just not building one. Got to be profitable too, imo.
Most of the Canucks live in downtown (condos in either the more wealthy Coal Harbour area or trendy Yaletown) for the younger/single players. The older guys with family, more likely to be in around the Kits area. So, the goal is to have something in Vancouver or maybe Burnaby at most.
There was mention of going up to SFU in Burnaby, which IMO doesn't make sense.
