The decision by Reynolds and the Remington Group to walk away in early May because the estate and GSP wouldn’t give them a 30-day negotiating window to get a deal with the City of Ottawa and with the National Capital Commission at LeBreton Flats pushed this process to wide open again.
“Participating in the process to buy the Ottawa Senators, and get back into the NHL, has been a great privilege,” Jeffrey and Michael Kimel said in a statement. “While the bid was not in our favour, the city of Ottawa and Sens Nation emerges with a bright, new future. Lastly, there was a bid by Los Angeles-based producer Neko Sparks, a group that included rapper Snoop Dogg, but sources say it never stood a chance because it wasn’t properly funded and right up until the weekend he was still trying to get the money in place.
“The one thing that impressed the Melnyk estate during the discussions with Michael was his desire to bring a Stanley Cup to Ottawa,” a league source told this newspaper Wednesday. “That’s his No. 1 focus and he wants to make this team a winner.”“My family and I are very excited to be a part of the Ottawa Senators Hockey Club.
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