Confirmed with Link: The Ottawa Senators Sale - PART 2

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DaveMatthew

Bring in Peter
Apr 13, 2005
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StoicSensFan

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Feb 6, 2014
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Just to add to the circus-like atmosphere, maybe the Kimels have merged with another which is why some have said there are now 3 groups instead of 4?

clown-juggle.gif
 

Tap on the Ankle

Registered User
Jun 9, 2004
3,585
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Nah Ryan Reynolds dropped out in order to secretly purchase the exclusive rights to film the behind the scenes of the sale behind GSP, who are now manipulating various media members to cause extraordinary mayhem.

Jamie Salter runs ABG
"Road to Nowhere" the sequel we've all been waiting for
 

senswon

Quo Tendimus
Aug 1, 2007
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Makes those non-binding bids in November feel like a waste of time no?

Reminds me of a basketball game--just need to watch the last 10 min.

God i hope this is the last 10 min of this process. We need to move on with this process and get some stability back with our team/brand
 

Flamingo

Registered User
Nov 13, 2008
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I wonder if this is dragging on because there's another evolving detail, the Lebreton development plan. So the Remington group didn't get a window to stall the bidding process to negotiate exclusively with the NCC. It's likely all groups have been talking with the NCC, and the picture is resolving to the point that the bidders can more confidently set their bidding price ceiling.
 

Senator Stanley

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Dec 11, 2003
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SensHulk

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May 31, 2016
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Not a good look Ian…not a good look…

Side note: I don’t recall mendes ever being involved in the ‘breaking news’ territory so this is uncharacteristic of him
 

Daffy

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Jun 10, 2010
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Ian has taken a hit during this whole process in my opinion. Shockingly, Brucie has been more reliable.
 
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Joeyjoejoe

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Dec 18, 2015
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Nobody f***ing knows anymore, and the people in that bidding process don't know either because this shit is ran by monkeys.

Can't wait for the 30for30 doc on this.
 
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Micklebot

Moderator
Apr 27, 2010
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Made it all of 3 hours. Oof.

Still wonder who these inside 'sources' could be. Ian's sure put a lot of faith in them through this whole process.
To be fair, it could be a case of sources on the league side that know how the bids are ranked telling Mendes they just don't see Kimmel as having an acceptable bid rather than Kimmel dropping out. And since then, perhaps Kimmel found the new partner to get him back in the running.

Who knows, I just want this to end already.
 

Golden_Jet

Registered User
Sep 21, 2005
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Well if some of the reporting is to be believed that would have cost them a $50mm deposit.

Which is insane by the way - to have nonrefundable money up when the seller can continue to play the bids off against each other lol.
I think Ian is saying, Kimels are out, not because they dropped out, but bid rejected. So won’t lose his 50 million.
 

Flamingo

Registered User
Nov 13, 2008
8,008
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Ottawa
Not a good look Ian…not a good look…

Side note: I don’t recall mendes ever being involved in the ‘breaking news’ territory so this is uncharacteristic of him

He's been pressured into it, imo. He had a curiosity-shop piece about Snoop joining Sparks. Then fans accused him of playing favourites.
 

Golden_Jet

Registered User
Sep 21, 2005
26,308
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Shocker he doesnt want to overpay for the franchise by 80%. He actually wants to pay market value and have some money left over to run the team and build an arena.

Why is it that sens fans want the team to sell for so much? It wont help the on ice product. The team couldnt even operate at a profit at 400 million.

Real estate aspect or not 1 billion makes no sense on any level when you have to build an arena that will cost another 600 million. Pittsburgh just sold with a new arena for 950 million.
The arena is now 13 years old, but ya fairly new.
 
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