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Sens sale: it’s getting late for Snoop Dogg’s band
Senators fans are getting impatient with the sale of their team. Yet Gary Bettman said two months ago that the sale may take some time .

The NHL commissioner really wants Ottawa to have a good owner.

However, there seems to be light at the end of the tunnel in one of sports’ most high-profile sales. According to Bruce Garrioch, the wait for the new owner is now in the extension period. Let’s hope it doesn’t take four extension periods…

According to Garrioch, the race is between Toronto billionaires Steve Apostolopoulos, brothers Jeffrey and Michael Kimel and Michael Andlauer, one of the Canadiens’ minority owners and owner of the OHL’s Hamilton Bulldogs.

Neko Sparks, an entrepreneur from Los Angeles, is currently trying to raise funds to acquire the Senators as well. We don’t know how many investors there are in total, but Snoop is on the list, as we know. James Neal, Grant Fuhr, Georges Laraque and Trevor Daley are also said to be among the investors. It’s getting late in the game, though. And the NHL would prioritize a single owner. We have good reason to believe that it’s all over for this group.

Last Monday was the deadline for bids. These would be between 850 million and one billion dollars (US).

On the 32 thoughts podcast, Elliotte Friedman said he wouldn’t be surprised if it was Apostolopoulos who broke the billion-dollar barrier with his bid. The businessman is not afraid to be aggressive in buying professional teams. A few months ago, he even made a $6 billion offer to acquire the Washington Commanders in the NFL.

As for Andlauer, he’s been in the running since the beginning of the sales process. He seems highly motivated to acquire an NHL team.

Note that the next Senators owner, regardless of the offer and circumstances, will not own the team 100%. The daughters of Eugene Melnyk, the club’s former owner, want to keep 10% of the team.


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