GARRIOCH: Michael Andlauer approved by NHL's executive committee to buy Ottawa Senators

National Hockey League sources told Postmedia on Saturday that the 58-year-old Andlauer met with the NHL’s executive committee last week and was given the green light to move ahead with his purchase of the Senators from the estate of the late Eugene Melnyk for $950 million .The executive committee is led by commissioner Gary Bettman and deputy Bill Daly, along with owners Mark Chipman , Geoff Molson , Jeremy Jacobs , Craig Leipold , Ted Leonsis , Henry Samueli , Larry Tanenbaum and Jeff Vinik .

Representatives of the Melnyk estate and New York-based sports banker Galatioto Sports Partners reached an agreement in principle with Andlauer’s group on June 13 following a lengthy auction process that included four final bids for the franchise.Article content Once Andlauer officially takes over, it’s expected he’ll make additions to the front office, including bringing back former president Cyril Leeder to run the business side of the operation.This advertisement has not loaded yet, but your article continues below.Leeder, 63, played a significant role as an adviser in Andlauer’s purchase bid.

Alfredsson has stated publicly he’d like to play a “meaningful role” in the front office. He was a senior advisor from 2015 to 2017.

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