BREAKING NEWS - The Ottawa Senators Have Been Approved to be Sold
In a remarkable turn of events, Michael Andlauer, a seasoned businessman at 58, has received the green light from the NHL's executive committee to become the proud owner of the Ottawa Senators. The committee's approval came after Andlauer's meeting with them just last week.
A Major Move in the Making
With the deal set at an impressive $950 million, involving the estate of the late Eugene Melnyk, Andlauer's acquisition of the Senators has taken a significant step forward.
The Senators package includes not only the team but also the iconic Canadian Tire Centre and the sprawling 75-acre property in Kanata. The sale now awaits the final stamp of approval from the NHL's board of governors, a decision expected to be unanimous.
Andlauer's familiar face in the NHL scene, particularly as an alternate governor for the Montreal Canadiens, adds a reassuring touch to this transition.
Gearing Up for the Transition
Following a comprehensive auction process, Andlauer's group reached an initial agreement with the Melnyk estate and Galatioto Sports Partners in June. The NHL's thorough examination of Andlauer and his associates has been successfully wrapped up.
Hands-On Approach and Prospective Changes
Andlauer's active involvement in the Senators' transition is apparent, maintaining contact with the board of directors and keeping a line of communication open with GM Pierre Dorion. The impending change in ownership also holds the possibility of the return of Cyril Leeder, a former president, to oversee the business side of the team.
As the club's former president of business operations, Anthony LeBlanc, steps down, the Senators brace themselves for an exciting new chapter under the ownership of Michael Andlauer.
Previously on HawksInsider
POLL |
AOUT 27 | 1 ANSWERS BREAKING NEWS - The Ottawa Senators Have Been Approved to be Sold Will the Sens finally make the playoffs with new ownership? |
Yes | 0 | 0 % |
No | 0 | 0 % |
List of polls |
|
4 hours ago | By Joshua Deeds Chicago Blackhawks Legend Corey Crawford Lists Marvelous $5.5 Million Condo For Sale |
|
6 hours ago | By Sam Walker Terrifying Hockey Injury: NHL Blue Jackets Prospect Stretchered Off in AHL Game |
|
7 hours ago | By Alixandrea Gearey Blackhawks Undergo Major Lineup Move Prior To Their Game Against The Toronto Maple Leafs |
|
7 hours ago | By Joshua Deeds Blackhawks' Artyom Levshunov Facing Long-Term Suspension After Ejection in AHL Game |
|
10 hours ago | By Joshua Deeds Seth Jones' mom sets the record straight on a trade rumor involving her son |
|
12 hours ago | By Joshua Deeds Member of the Blackhawks to announce retirement after Sundays game vs Maple Leafs |
|
13 hours ago | By Sam Walker Former Blackhawk Patrick Kane Facing Embellishment Fine by NHL For Diving |
|
15 hours ago | By Alixandrea Gearey Blackhawks' 15-Year NHL Veteran Slams Team's Effort in Disastrous Loss to Blue Jackets |