Insider reveals how much money the Ottawa Senators are in debt
The hockey world has been buzzing about new ownership looking to take over the Ottawa Senators. It appears whoever ends up being the successful bidder could have Canadian actor Ryan Reynolds as a partner in it.
During the Hockey Night in Canada broadcast on Saturday Ron MacLean dropped the actual amount of the debt the Senators owe that needs to be paid off by ownership once the sale goes through. According to MacLean that number is upwards of $450 million.
Now that's a huge number that the average person couldn't stomach, however, the NHL is a multi billion dollar company and with the expected purchase price expected to be around $900 million the Melnyk family will be in a good position post sale.
Long-time owner Eugene Melnyk was losing money on the Senators in previous seasons. An article posted in 2013 said Melnyk was averaging close to $10 million per year in losses running the franchise.
Whoever the new ownership group will have a debt to pay but will be gaining a young promising roster that is built for the future.
| POLL | ||
AVRIL 2 | 28 ANSWERS Insider reveals how much money the Ottawa Senators are in debt Do you think Eugene Melnyk was a good owner? | ||
| Yes, kept the franchise in Ottawa when losing $$ | 17 | 60.7 % |
| No, could never build a true winner | 11 | 39.3 % |
| List of polls | ||
![Feb 13, 2025; Montreal, Quebec, CAN; [Imagn Images direct customers only] Team USA forward Matthew Tkachuk (19) celebrates with defenseman Zach Werenski (8) his goal against Team Finland in the third period during a 4 Nations Face-Off ice hockey game at Bell Centre. Mandatory Credit: David Kirouac-Imagn Images](https://i.marqueur.com/habsetlnh/medium/531044.webp "Feb 13, 2025; Montreal, Quebec, CAN; [Imagn Images direct customers only] Team USA forward Matthew Tkachuk (19) celebrates with defenseman Zach Werenski (8) his goal against Team Finland in the third period during a 4 Nations Face-Off ice hockey game at Bell Centre. Mandatory Credit: David Kirouac-Imagn Images")
![Feb 13, 2025; Montreal, Quebec, CAN; [Imagn Images direct customers only] Team USA forward Matthew Tkachuk (19) celebrates with Team USA forward Auston Matthews (34) his goal against Team Finland in the third period during a 4 Nations Face-Off ice hockey game at Bell Centre. Mandatory Credit: David Kirouac-Imagn Images](https://i.marqueur.com/habsetlnh/medium/530978.webp "Feb 13, 2025; Montreal, Quebec, CAN; [Imagn Images direct customers only] Team USA forward Matthew Tkachuk (19) celebrates with Team USA forward Auston Matthews (34) his goal against Team Finland in the third period during a 4 Nations Face-Off ice hockey game at Bell Centre. Mandatory Credit: David Kirouac-Imagn Images")
![Feb 15, 2025; Montreal, Quebec, CAN; [Imagn Images direct customers only] Team Canada head coach Jon Cooper in the first period during a 4 Nations Face-Off ice hockey game against Team United States at the Bell Centre. Mandatory Credit: Eric Bolte-Imagn Images](https://i.marqueur.com/habsetlnh/medium/530962.webp "Feb 15, 2025; Montreal, Quebec, CAN; [Imagn Images direct customers only] Team Canada head coach Jon Cooper in the first period during a 4 Nations Face-Off ice hockey game against Team United States at the Bell Centre. Mandatory Credit: Eric Bolte-Imagn Images")
![Feb 20, 2025; Boston, MA, USA; [Imagn Images direct customers only] Team Canada forward Connor McDavid (97) celebrates scoring in overtime to win with defenseman Devon Toews (5) and defenseman Cale Makar (8) and forward Mitch Marner (16) against Team USA during the 4 Nations Face-Off ice hockey championship game at TD Garden. Mandatory Credit: Brian Fluharty-Imagn Images](https://i.marqueur.com/habsetlnh/medium/530869.webp "Feb 20, 2025; Boston, MA, USA; [Imagn Images direct customers only] Team Canada forward Connor McDavid (97) celebrates scoring in overtime to win with defenseman Devon Toews (5) and defenseman Cale Makar (8) and forward Mitch Marner (16) against Team USA during the 4 Nations Face-Off ice hockey championship game at TD Garden. Mandatory Credit: Brian Fluharty-Imagn Images")
![Feb 17, 2025; Boston, MA, USA; [Imagn Images direct customers only] Team Canada forward Brandon Hagel (38) controls the puck during the first period in a 4 Nations Face-Off ice hockey game against Team Finland at TD Garden. Mandatory Credit: Bob DeChiara-Imagn Images](https://i.marqueur.com/habsetlnh/medium/530840.webp "Feb 17, 2025; Boston, MA, USA; [Imagn Images direct customers only] Team Canada forward Brandon Hagel (38) controls the puck during the first period in a 4 Nations Face-Off ice hockey game against Team Finland at TD Garden. Mandatory Credit: Bob DeChiara-Imagn Images")
![Feb 15, 2025; Montreal, Quebec, CAN; [Imagn Images direct customers only] Team Canada goalie Jordan Binnington (50) stops Team United States forward Matthew Tkachuk (19) in the first period during a 4 Nations Face-Off ice hockey game at the Bell Centre. Mandatory Credit: Eric Bolte-Imagn Images](https://i.marqueur.com/habsetlnh/medium/530819.webp "Feb 15, 2025; Montreal, Quebec, CAN; [Imagn Images direct customers only] Team Canada goalie Jordan Binnington (50) stops Team United States forward Matthew Tkachuk (19) in the first period during a 4 Nations Face-Off ice hockey game at the Bell Centre. Mandatory Credit: Eric Bolte-Imagn Images")
![Feb 20, 2025; Boston, MA, USA; [Imagn Images direct customers only] Team Canada forward Brad Marchand (63) lifts the 4 Nations Face-Off trophy after winning against Team USA in overtime during the 4 Nations Face-Off ice hockey championship game at TD Garden. Mandatory Credit: Brian Fluharty-Imagn Images](https://i.marqueur.com/habsetlnh/medium/530800.webp "Feb 20, 2025; Boston, MA, USA; [Imagn Images direct customers only] Team Canada forward Brad Marchand (63) lifts the 4 Nations Face-Off trophy after winning against Team USA in overtime during the 4 Nations Face-Off ice hockey championship game at TD Garden. Mandatory Credit: Brian Fluharty-Imagn Images")
![Feb 17, 2025; Boston, MA, USA; [Imagn Images direct customers only] Team Canada defenseman Josh Morrissey (44) and forward Anthony Cirelli (71) try and find the loose puck during the second period in a 4 Nations Face-Off ice hockey game against Team Finland at TD Garden. Mandatory Credit: Bob DeChiara-Imagn Images](https://i.marqueur.com/habsetlnh/medium/530722.webp "Feb 17, 2025; Boston, MA, USA; [Imagn Images direct customers only] Team Canada defenseman Josh Morrissey (44) and forward Anthony Cirelli (71) try and find the loose puck during the second period in a 4 Nations Face-Off ice hockey game against Team Finland at TD Garden. Mandatory Credit: Bob DeChiara-Imagn Images")
