HomeDiagramsDatabaseMapsForum About
     

Go Back   SkyscraperPage Forum > Regional Sections > Canada > Ontario > Ottawa-Gatineau > Culture, Dining, Sports & Recreation


Reply

 
Thread Tools Display Modes
     
     
  #1001  
Old Posted Dec 3, 2021, 6:25 PM
J.OT13's Avatar
J.OT13 J.OT13 is offline
Moderator
 
Join Date: Mar 2012
Location: Ottawa
Posts: 25,112
Hoping this is the start of a major shake-up and change in culture.
Reply With Quote
     
     
  #1002  
Old Posted Jan 12, 2022, 10:19 PM
J.OT13's Avatar
J.OT13 J.OT13 is offline
Moderator
 
Join Date: Mar 2012
Location: Ottawa
Posts: 25,112
Mentioned in the LeBreton thread. News to me. Oh please let it be true!

Quote:
RUMEUR : DANIEL ALFREDSSON ET CHRIS PHILLIPS EN DISCUSSIONS POUR ACHETER LES SÉNATEURS

2021-12-28 à 09:10 | DansLesCoulisses.com

Les Sénateurs d’Ottawa ne vont nulle part avec leur propriétaire actuel, Eugene Melnyk. Personne ne semble l’aimer en ville et il n’est pas reconnu comme un gars qui aime injecter de l’argent dans son équipe.

C’est ce qui fait en sorte que Brady Tkachuk a hésité avant de signer à long terme avec son club. Il ne veut pas voir tous les bons joueurs quitter un à un dans le futur et se retrouver seul.

Ajoutons à cela la saga de l’aréna à Kanata et les rumeurs impliquant les plaines Lebreton, Gatineau et Québec et nous avons la recette parfaite d’une catastrophe.

La conclusion, c’est que ça prend du sang neuf au sommet de la pyramide. Et visiblement, ce serait discuté de manière importante, selon ce qu’on entend, question d’éviter une catastrophe.

Ce qu’on vous rapporte est à prendre avec un grain de sel, mais nous avons entendu que Melnyk serait en discussions afin de vendre son club à Daniel Alfredsson, à Chris Phillips et à un autre individu. Est-ce que cela pourrait être Guy Laliberté ou la famille Desmarais, des noms qui ont déjà circulé dans le dossier?

Nous n’avons pas été en mesure de nous faire confirmer la nouvelle par une deuxième source, mais la première est assez solide. Elle ne vient pas de Ti-Joe qui habite à Saint-Quelque-Part-du-Fond-du-Bois et qui a 14 followers sur Twitter, mais bien d’une source qui a déjà eu raison par le passé. Voilà pourquoi on le sort, mais avec retenue.

On ne sait pas quelle serait la valeur de la transaction, mais selon Forbes, les Sénateurs sont la 28e franchise avec le plus de valeur (ou la cinquième avec le moins de valeur) puisque le club est évalué à 525 M$. On est loin du deux milliards de dollars des Rangers, n’est-ce pas?
On ne sait pas non plus qui est la troisième personne impliquée, mais on imagine qu’elle a de l’argent. Après tout, même si on ne parle que des Sénateurs, Daniel Alfredsson n’a gagné que 67 M$ en carrière. Chris Phillips? 26 M$.

Je ne sais pas comment ils gèrent leur argent depuis la retraite, mais je ne crois pas que l’ancien défenseur ait 100 M$ en poche présentement. Je lui souhaite, mais je doute.

Les deux joueurs seraient donc des actionnaires minoritaires comme plusieurs vedettes (Derek Jeter, Michael Jordan, LeBron James, Giannis Antetokounmpo ou Patrick Mahomes) le font de plus en plus. Il existe aussi une possibilité de voir Melnyk demeurer à titre minoritaire comme Mario Lemieux à Pittsburgh.

Parce que oui, la vente des Penguins à 900 M$ a sans doute influencé Melnyk à tâter le marché. Elliotte Friedman avait soulevé la possibilité de voir des clubs jauger le marché récemment.

Ce n’est pas la première fois qu’il y a des rumeurs de vente et que cela implique des anciens. Est-ce que cette fois-là sera la bonne à Ottawa?
https://www.danslescoulisses.com/rum...les-senateurs/
Reply With Quote
     
     
  #1003  
Old Posted Jan 12, 2022, 11:21 PM
phil235's Avatar
phil235 phil235 is offline
Registered User
 
Join Date: Sep 2006
Location: Ottawa
Posts: 3,958
Quote:
Originally Posted by J.OT13 View Post
Mentioned in the LeBreton thread. News to me. Oh please let it be true!
Well, if this is truly the last chance to get an arena at Lebreton, then perhaps there is some real pressure to get a deal done. On both sides, as the team is worth a whole lot more with a new arena at Lebreton, so Melnyk stands to make a lot more if he sells now.
Reply With Quote
     
     
  #1004  
Old Posted Jan 13, 2022, 12:02 AM
AuxTown's Avatar
AuxTown AuxTown is offline
Registered User
 
Join Date: Apr 2006
Location: Ottawa, Canada
Posts: 4,210
Quote:
Originally Posted by phil235 View Post
Well, if this is truly the last chance to get an arena at Lebreton, then perhaps there is some real pressure to get a deal done. On both sides, as the team is worth a whole lot more with a new arena at Lebreton, so Melnyk stands to make a lot more if he sells now.
He has his Seatle payout now. He got the team and arena for a song and now it is time to part ways. Anything beyond this is just greed. He clearly doesn't care about the product on the ice and needs to step aside for someone who can afford an NHL franchise.
Reply With Quote
     
     
  #1005  
Old Posted Jan 13, 2022, 6:27 AM
acottawa acottawa is offline
Registered User
 
Join Date: Aug 2009
Posts: 17,121
I remember a few years ago some poster kept quoting a bar owner in st Laurent as a “hockey insider.” The bar owner kept saying that a sale was imminent.

This rumour (and a new arena) would require nearly guy laliberte’s entire net worth (assuming Melnyk will sell for book value).
Reply With Quote
     
     
  #1006  
Old Posted Jan 13, 2022, 6:39 AM
lrt's friend lrt's friend is offline
Registered User
 
Join Date: Dec 2006
Posts: 12,166
Quote:
Originally Posted by acottawa View Post
I remember a few years ago some poster kept quoting a bar owner in st Laurent as a “hockey insider.” The bar owner kept saying that a sale was imminent.

This rumour (and a new arena) would require nearly guy laliberte’s entire net worth (assuming Melnyk will sell for book value).
If someone buys the team, there will be debt financing to make the purchase.
Reply With Quote
     
     
  #1007  
Old Posted Jan 13, 2022, 7:31 AM
acottawa acottawa is offline
Registered User
 
Join Date: Aug 2009
Posts: 17,121
Quote:
Originally Posted by lrt's friend View Post
If someone buys the team, there will be debt financing to make the purchase.
Banks lost a huge amount of money the first time around; they will be super reluctant. Debt financing would require making a traditional business case (i.e. the profit from the team will cover the financing). If there was a traditional business case we wouldn’t need these billionaires and former players, a pension fund would buy the team. They need a billionaire who wants this as a vanity project.
Reply With Quote
     
     
  #1008  
Old Posted Jan 13, 2022, 10:30 AM
DTcrawler DTcrawler is online now
Registered User
 
Join Date: Feb 2019
Location: Ottawa
Posts: 853
Quote:
Originally Posted by AuxTown View Post
He has his Seatle payout now. He got the team and arena for a song and now it is time to part ways. Anything beyond this is just greed. He clearly doesn't care about the product on the ice and needs to step aside for someone who can afford an NHL franchise.
While all that is true, I suspect EM's "rationale" is beyond money at this point. As far as I know, he's been shunned from all his business ventures and all that remains of his legacy is the Senators. Sure, he's losing money, but the franchise is all he has. I think he is hellbent of hanging on to the team until he passes, at which point ownership would presumably be passed on to his daughters (who I suspect want nothing to do with the team and will immediately sell).

That being said, I desperately hope I am wrong.
Reply With Quote
     
     
  #1009  
Old Posted Jan 13, 2022, 2:24 PM
phil235's Avatar
phil235 phil235 is offline
Registered User
 
Join Date: Sep 2006
Location: Ottawa
Posts: 3,958
Quote:
Originally Posted by acottawa View Post
Banks lost a huge amount of money the first time around; they will be super reluctant. Debt financing would require making a traditional business case (i.e. the profit from the team will cover the financing). If there was a traditional business case we wouldn’t need these billionaires and former players, a pension fund would buy the team. They need a billionaire who wants this as a vanity project.
Agreed that they need a billionaire (as do most pro sports teams), but the Sens have had bank financing consistently since 2003. Not sure why you are thinking the Banks are losing money on those deals?
Reply With Quote
     
     
  #1010  
Old Posted Mar 29, 2022, 3:10 AM
YOWflier's Avatar
YOWflier YOWflier is offline
Melissa: fabulous.
 
Join Date: Apr 2005
Location: YOW/CYOW/CUUP
Posts: 3,051
Eugene Melnyk has passed away.
Reply With Quote
     
     
  #1011  
Old Posted Mar 29, 2022, 3:13 AM
skylerottawa skylerottawa is offline
Registered User
 
Join Date: Jan 2022
Posts: 37
Very sad, only 62.

Not sure what happens with the Sens ownership now.
Reply With Quote
     
     
  #1012  
Old Posted Mar 29, 2022, 11:04 AM
daud's Avatar
daud daud is offline
Registered User
 
Join Date: Jun 2012
Location: Ottawa
Posts: 743
Quote:
Originally Posted by skylerottawa View Post
Very sad, only 62.

Not sure what happens with the Sens ownership now.
It is Unfortunate. I was very frustrated with him as an owner during and after the 2017 cup run but I noted he really had toned down his rhetoric in these past 2 years. It’s a young age to pass away.

The team gets passed to his daughters and my guess is they will sell it within a few years but one never knows; they may hang on to it.
Reply With Quote
     
     
  #1013  
Old Posted Mar 29, 2022, 11:33 AM
rocketphish's Avatar
rocketphish rocketphish is offline
Planet Ottawa and beyond
 
Join Date: Feb 2009
Location: Greater Ottawa
Posts: 12,894
Ottawa Senators owner Eugene Melnyk dead at age 62

Bruce Garrioch, Ottawa Citizen
Publishing date: Mar 29, 2022 • 13 minutes ago • 7 minute read




Eugene Melnyk battled right until the end.

And, unfortunately, when his Ottawa Senators finally bring the Stanley Cup back home to Canada, he’ll have to take a front row seat in heaven.

Melnyk’s family and the Senators issued a joint statement late Monday that he passed away “after an illness he faced with determination and courage.”

The statement said he died peacefully, surrounded by his family.

“He was a proud Canadian a passionate hockey fan,” the statement said.

Melnyk’s enduring legacy will be that of the man who saved the Senators and kept it from moving when former owner Rod Bryden declared bankruptcy in January 2003.

Though the league had suitors who wanted to put the team on wheels to the United States, NHL commissioner Gary Bettman was bullish on keeping the Senators in Ottawa and that’s when Melnyk reached out to declare his interest with the priority of making sure the club stayed in Canada.

He bought the Senators and the Canadian Tire Centre for $130 million US after making a deal with the creditors. Melnyk was a passionate hockey fan who wanted badly to bring the Stanley Cup back to Ottawa when he purchased the team.

The founder of Biovail Corp., a highly successful pharmaceutical company, Melnyk also owned the Ontario Hockey League St. Michael’s Majors and was well-known for a being a big player in the harness racing industry.

For those who didn’t know Melnyk’s résumé in the horse game, before he decided to step back from that sport in 2013 he had more than 500 horses. He was inducted into Canada’s Horse Racing Hall of Fame in 2017.

Melnyk loved competition, he enjoyed the battle and he was, in every way, shape and form, the Senators biggest fan. He wanted to win and was determined to make sure everything the organization did was with those thoughts in mind.

He loved spending time with his daughters Olivia and Anna along with his longtime partner Sharilyne Anderson. He made regular trips to his mother Vera’s home in Barrie over the past two years, during the pandemic, to spend time with her.

Melnyk had a great appreciation for life and everything it brought, especially after a near-death experience seven years ago.

On May 20, 2015, Melnyk had a life-saving liver transplant at the Toronto General Hospital. A public campaign by the organization to find a donor netted a perfect match for Melnyk and more than 2,000 people responded to the call.

Melnyk was only days away from death when the match was found. A meeting with close friends and his family was the only reason Melnyk allowed the organization to go public to find the right match.

Doctors told them all other routes had been exhausted and a public plea was the only way to go to save his life.

“They told me, ‘We’re done. We don’t have anybody. We’ve exhausted everybody,’” Melnyk told this newspaper in an interview in October 2015. “I said, ‘Absolutely not.’ They said, ‘Well you don’t have a choice’ and that’s when the kids came in.

“Olivia said, ‘Dad if you don’t go public, you will die. We know that. They’ve told us.’ I said, ‘OK, what else did they tell you?’ ‘That if we’re successful that you are going to live. This is a no-brainer, Dad, you have to go public.”

As difficult as it was, Melnyk felt he had no other choice.

“The donor has asked me to tell you that the motivation to do this was to help Mr. Melnyk return to good health to enjoy his family and friends and, most importantly, to bring the Stanley Cup home to the Ottawa Senators,” Dr. David Grant, director of the living donor liver transplant program of the University Health Network, told reporters in the days after the surgery. “The donor hopes that others will be inspired by this story and will also consider organ donation.”

Melnyk was still trying to deliver on that promise when he lost his battle.

He wasn’t without detractors. Before the Heritage Classic outdoor game in 2017 at Lansdowne Park, Melnyk mused about moving the Senators elsewhere if people didn’t come out to support the team.

Fans reacted by raising money to buy billboard to show their displeasure.

The Senators came close several times while he owned the organization, but couldn’t get it across the finish line. The club went to the Stanley Cup final in 2007 before losing in five games to the Anaheim Ducks and lost in overtime in Game 7 of the East final to the Pittsburgh Penguins.

That came on a heartbreaking overtime goal by Chris Kunitz on Craig Anderson after a magical playoff run and it was the last time Melnyk would get the chance to witness his team in the playoffs.

He believed strongly in the rebuild route taken by GM Pierre Dorion and the pieces the organization has put in place. Menlyk knew there would be tough nights but he wanted this done right.

After acquiring centre Matt Duchene from the Colorado Avalanche in November 2018 and returning from a successful trip to Sweden, the Senators’ fortunes quickly took a turn for the worse. Tough decisions then had to made. It wasn’t easy to accept, but Melnyk and Dorion put in place a plan they felt would pay dividends if people were patient.

That was also why, when he sat down with Dorion in Barbados in February 2018, they made the decision to start from the ground up. It meant some players would be offered the opportunity to stay, while others would have to be sent packing.

“Nobody’s done what I did. I don’t care what anybody says,” Melnyk said. “Nobody has gone and gutted a team the way I did. We made a list … the top six guys gone. Show me a team, in any sport, where the top six guys are gone. This was specifically designed. You had to be a certain age to be part of it.

“Could we upgrade? On a scale of one to 10, we were about an eight when we lost to Pittsburgh. I think we could have won a Stanley Cup if we’d gotten by Pittsburgh. The bottom line was the team itself had to be upgraded, and the only way I felt we could do this … and we took a shot. From there, we methodically started going through the lineup.”

Melnyk knew the pressure on Dorion and coach D.J. Smith was tremendous. During a meeting with sponsors at the Hockey Hall of Fame. Melnyk promised he’d do this rebuild the right way and in the end would have a “five-year run of unparalleled success.”

“The pressure on management who live in the city is dramatic,” Melnyk said. “The coaches tell me, the GM tells me … They run into people at the supermarket, at the gas station and at social events and they’re constantly being asked, ‘How are we going to do?’ If you’re only competitive, you can get away with it and you can get away it for decades, just be there.

“I didn’t show up in Ottawa (when he bought the team) 17 years ago just to be there, just to play around and be competitive. If I didn’t believe I could win a Stanley Cup, I would be so gone and so quickly. I would have never bought the franchise. I went into horse racing in the same way and my intention when I went into that game was that, if I was going to play, I was going to play big.”

The pieces are in place with likes of captain Brady Tkachuk, alternate captain Thomas Chabot along with forwards Tim Stuetzle, Josh Norris, Alex Formenton and more prospects are on the way. It’s just difficult to accept Melnyk won’t be around to see that success.

He told this newspaper in 2015 that life meant a lot more to him. He took nothing for granted.

“I wasn’t afraid of dying,” said Melnyk.

“That didn’t bother me one bit. If I’m gone, I’m gone. I was more concerned about the girls and how they would be and I thought about my mom, my friends, my loved ones. People like that.”

For Melnyk, being thankful had taken on new meaning.

“In that 11th hour what you’re thinking about is your family and your loved ones. That’s all you care about — the people that you care for. That’s the only people that should matter, frankly.”

The expectation is the Senators will remain in Melnyk’s family. He told me once “I’ve set this up so it’s in my family for generations.”

At this time, we’re thinking about Melnyk’s family and his loved ones.


A GLIMPSE AT THE SENATORS UNDER EUGENE MELNYK

• The club has made nine playoff appearances and won 44 post-season games;
• In that stretch, it has also seven playoff series
• Northeast Division leaders 2005-06; advanced to Stanley Cup final in 2007
• Advanced to Eastern Conference playoff final in 2017
• Ottawa had the best combined record of any Canadian NHL franchise from 2003 to 2017 before commencing a rebuild midway through 2018-19.

Twitter: @sungarrioch

https://ottawacitizen.com/sports/hoc...2-711dd8ae0275
Reply With Quote
     
     
  #1014  
Old Posted Mar 29, 2022, 1:31 PM
JHikka's Avatar
JHikka JHikka is offline
ハルウララ
 
Join Date: Jul 2009
Location: Toronto
Posts: 12,853
A lot can be said about the issues he had with players, fans, and generally just about everybody, but a lot can also be said about his saving of the team from bankruptcy and maintaining the presence of the team in Ottawa.

Ian Mendes wrote a great article on Melnyk which is paywalled at the Athletic basically outlining the paradox that was Melnyk. Condolences for the loss.
Reply With Quote
     
     
  #1015  
Old Posted Mar 29, 2022, 2:14 PM
YOWetal YOWetal is offline
Registered User
 
Join Date: Oct 2006
Posts: 5,190
Quote:
Originally Posted by daud View Post
It is Unfortunate. I was very frustrated with him as an owner during and after the 2017 cup run but I noted he really had toned down his rhetoric in these past 2 years. It’s a young age to pass away.

The team gets passed to his daughters and my guess is they will sell it within a few years but one never knows; they may hang on to it.
Surprised how much criticism we are hearing already. I mean even Castro got mostly first day positive coverage.

It is an important even for the city. Unless someone and the list is of course short steps up we might very well lose the franchise. I wonder if any of the developers have enough cash given this real estate market. They would probably be comfortable taking on a lot of debt and could do a deal. Malhotras for example big hockey funs I understand. The franchise is worth a lot more moved to some mid market US city so if that is a possibility we likely lose the franchise.
Reply With Quote
     
     
  #1016  
Old Posted Mar 29, 2022, 4:32 PM
YOWflier's Avatar
YOWflier YOWflier is offline
Melissa: fabulous.
 
Join Date: Apr 2005
Location: YOW/CYOW/CUUP
Posts: 3,051
Not sure where the criticism is, but the most popular fan site at least is free from such contamination. No matter what you thought of Melnyk the owner, he was a passionate man with a family.

Shaun Simpson on TSN 1200 tweeted that he knows of 4 groups who want the Sens and in on Lebreton.

https://mobile.twitter.com/TSNSimmer...7Ctwgr%5Etweet
Reply With Quote
     
     
  #1017  
Old Posted Mar 29, 2022, 5:59 PM
SL123 SL123 is offline
Registered User
 
Join Date: Mar 2021
Posts: 1,556
Quote:
Originally Posted by FlyYOW View Post

Shaun Simpson on TSN 1200 tweeted that he knows of 4 groups who want the Sens and in on Lebreton.

https://mobile.twitter.com/TSNSimmer...7Ctwgr%5Etweet
Thats great news! Reassuring!
Reply With Quote
     
     
  #1018  
Old Posted Mar 29, 2022, 6:27 PM
AuxTown's Avatar
AuxTown AuxTown is offline
Registered User
 
Join Date: Apr 2006
Location: Ottawa, Canada
Posts: 4,210
Quote:
Originally Posted by FlyYOW View Post
Not sure where the criticism is, but the most popular fan site at least is free from such contamination. No matter what you thought of Melnyk the owner, he was a passionate man with a family.

Shaun Simpson on TSN 1200 tweeted that he knows of 4 groups who want the Sens and in on Lebreton.

https://mobile.twitter.com/TSNSimmer...7Ctwgr%5Etweet
My guess is Alfie, Phillips and another mystery player (? Spezza) are going to come in with big bucks backed by Laliberte or Desmarais family. Could be some exciting times for this organization and this city.
Reply With Quote
     
     
  #1019  
Old Posted Mar 29, 2022, 7:03 PM
YOWflier's Avatar
YOWflier YOWflier is offline
Melissa: fabulous.
 
Join Date: Apr 2005
Location: YOW/CYOW/CUUP
Posts: 3,051
The rumour mill has been Alfie/Phillips as the credible and beloved faces of ownership (certainly with a certain financial stake) but the big bucks coming from elsewhere. My guess is one or more local development/construction companies and perhaps others beyond the city.

Of course, rumours are worth what they’re worth and there has to be something to buy first.
Reply With Quote
     
     
  #1020  
Old Posted Mar 29, 2022, 8:09 PM
DTcrawler DTcrawler is online now
Registered User
 
Join Date: Feb 2019
Location: Ottawa
Posts: 853
I think it's possible to acknowledge how tragic Mr. Melnyk's death is, especially given all his contributions to the community over the years and his legacy of having saved the Senators from bankruptcy, while still understanding how this is a tremendous opportunity for the Sens and the city of Ottawa.

There is a lot of uncertainty right now but I think the safest assumptions are as follows:

- The franchise, for now, will remain under the ownership of his estate, and I would imagine that the complex agreement(s) to make sure that happens have been crafted for years now
- His daughters are very young (mid 20's I believe) and likely don't have much interest in adding "stewards of an NHL franchise" to their resumes.
- If they were to sell, there is plenty of interest from buyers who are committed to keeping the team in Ottawa - who have been patiently waiting for a while, but have had Melnyk's hellbent intention of keeping the franchise within the family to contend with

Couple the above with the fact that the NCC's request for expressions of interest for the only parcel at Lebreton that could host an NHL arena closed a month ago, this is a very interesting, transitory period for the Sens. I hope we get more glimpses at what has been going on behind the scenes in the coming days and weeks.

It's worth adding that I don't think there is much risk of them relocating, as there are multiple layers of security by way of local ownership interest and NHL bylaws to overcome.
Reply With Quote
     
     
This discussion thread continues

Use the page links to the lower-right to go to the next page for additional posts
 
 
Reply

Go Back   SkyscraperPage Forum > Regional Sections > Canada > Ontario > Ottawa-Gatineau > Culture, Dining, Sports & Recreation
Forum Jump



Forum Jump


All times are GMT. The time now is 5:41 AM.

     
SkyscraperPage.com - Archive - Privacy Statement - Top

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2024, vBulletin Solutions, Inc.