Dwayne “The Rock” Johnson may be adding yet another feather to his cap by reportedly joining the bidding war for ownership of the Ottawa Senators. According to sources, Johnson is rumored to be teaming up with the Neko Sparks Group to bid for the NHL team.
This isn’t the first time Johnson has dabbled in sports ownership. He co-owns the XFL, which recently launched its 2023 season, with Dany Garcia and RedBird Capital. After Vince McMahon’s second attempt at the alternative football league failed, Johnson and his team swooped in to buy it.
JoePomplianoVince McMahon shut down the XFL 3 years ago after reportedly burning through $200M.But Dwayne Johnson & his partners purchased the assets for $15M out of bankruptcy, and the league officially returns today.Add in the USFL, and 46 of 52 weekends in 2023 will have pro football.
If Johnson and his group do acquire the Senators, it would mark another significant milestone for the actor-turned-entrepreneur.
The Ottawa Senators have had a tumultuous past, with the former owner, the late Eugene Melnyk, facing criticism and backlash from fans during his tenure. However, since his passing last year, the bidding war for the team has heated up, with multiple groups expressing interest in acquiring the franchise.
Johnson’s involvement in the bid could bring a fresh perspective to the team’s management and potentially boost its on-ice performance. With his experience in owning and operating the XFL, Johnson could leverage his business acumen and connections to create a winning formula for the Senators.
However, as with any bidding war, there are no guarantees that Johnson and his group will emerge as the ultimate winners. It remains to be seen how the negotiations will unfold, but one thing is certain: The Rock continues to rock the sports world with his business ventures.
Other bidders in Ottawa Senators ownership sale
The Ottawa Senators have been the subject of a heated bidding war since they were put up for sale in November 2021. Several bidders have expressed interest in purchasing the NHL team, with actor Ryan Reynolds, the Remington Group led by Christopher Bratty, Ottawa Generals owner Rocco Tullio, and billionaire Michael Andlauer among the frontrunners.
According to reports, the sale process is advancing to the final stages, and the NHL may reach an agreement with one of the interested bidders by next month. However, a new bidder has emerged in the form of W. Graeme Roustan, former owner of hockey equipment manufacturer Bauer.
The price tag for the Ottawa Senators is expected to be around $800 million, but reports suggest that it could reach $1 billion once the sale process is completed.
As negotiations continue, fans of the Ottawa Senators are eager to see who will emerge as the new owner and what the future holds for the team. With several interested bidders, there is hope for a new era of leadership and potential success on the ice.
Source: sportskeeda.com
