Reynolds, Christopher Bratty and the Remington Group wanted an exclusive negotiating window but were not granted one
Actor Ryan Reynolds, Christopher Bratty and the Remington Group have pulled out of their bid to purchase the Ottawa Senators. According to the Ottawa Sun, Reynolds and his group wanted an exclusive negotiating window in order to purchase the NHL franchise, but the request was turned down.
Specifically, Reynolds and company wanted their own window 30-day window to negotiate with the National Capital Commission and the city of Ottawa to discuss plans for a new arena for the Senators. After being declined that exclusive window, Reynolds reportedly grew frustrated with the entire process. That’s when he, Bratty and the Remington Group elected to remove themselves from the process of potentially buying the Senators altogether.
At least six other groups are still involved in bidding for the franchise, which is why Reynolds and his group were not given exclusive negotiating rights, according to the Ottawa Sun. However, the Sun also reported that the alleged $1 billion offer Reynolds and his group were set to make for the Senators likely would’ve been more than any other bid.
The Remington Group thought that they were “negotiating against themselves,” according to the Ottawa Sun.
Reynolds, who is from Canada and spent a few years of his childhood near Ottawa, had initially expressed interest in purchasing the Senators back in November 2022 when there were rumblings that the team may be put up for sale. The actor stated that he would keep the franchise in Ottawa if he purchased the team.
Much like he did with fellow actor Rob McElhenney at soccer club Wrexham AFC, Reynolds wanted to build something special with the Senators. However, it looks like he won’t get that chance.
Source: cbssports.com
