The Ottawa Senators are a hot commodity with the bidding for the franchise about to begin.
“I think it will exceed ,” Daly told the podcast. “I would think it’s a very possible , a real possibility. While competition always helps, the inherent value of owning a franchise in the National Hockey League has gone up significantly over time.”Article content
NHL commissioner Gary Bettman stated this month more than 15 groups were given permission to enter the data room to get a look at the club’s financial statements and a copy of the memorandum of understanding with the National Capital Commission for a new rink at LeBreton Flats.Article content“The proof will be in the pudding as to what the actual bids are,” Daly said. “We haven’t really gotten to that point yet.
“Galatioto Sports Partners, who are running the bidding process, want to maximize the value. I think ultimately we’d like to maximize the value and we know the club would like to maximize the value. But value has a number of ways of being defined. You look at a variety of factors and ultimately you pick what’s the best fit.”
That decision by the 46-year-old Reynolds caught a lot of observers off guard, but he has kept in constant contact with Bettman and Daly throughout this process so he didn’t make this decision blindly.
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