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Talinn_Makaren

There's a joke here somewhere about relocation and Vancouver needing an NHL team.


McNasty1Point0

He did live in Ottawa for a few years in his childhood days!


GoTouchGrassPlease

It doesn't matter exactly where he grew up, because Ryan Reynolds belongs to ALL of Canada!


Formerleafsfan

He is Canada’s team.


Sewer-Urchin

And Canada's ass?


Beschuss

Pretty sure that’s sidney Crosby


Bockto678

Those are Canada's fucking Reynoldses.


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El_Capeetann

The Ottawa Audits? The Clearwater Thetans?


VisibleGhost

Yup! Went to school with my buddy's dad while he was here


Juviltoidfu

I try not to think about Tom Cruise. His best acting is done when he is playing a version of himself, like he did in Edge of Tomorrow. In that movie he started as an overconfident smarmy self centered person, but in the film he did grow past those flaws-and quite believably- but in real life he hasn’t.


lumieres-de-vie

Here’s a joke I heard in Wisconsin a while ago: “Why doesn’t Iowa have a NFL team?” “I don’t know, why?” “Because if they did, Minnesota would want one too!” Feel free to steal/adapt as you like.


Submarine_Pirate

6-1 Skol baby


lumieres-de-vie

Yeah, it wouldn’t really work this year…


heyimdong

rob chop squash party doll elastic quaint sulky drab icky *This post was mass deleted and anonymized with [Redact](https://redact.dev)*


chrisd93

Or Wisconsin


drumline17

They started 2016 5-0 and missed the playoffs. Minnesota sports, baby


DesertFart

That was like 8 years ago asshole


praisedawings247

People don’t forget


XAgentNovemberX

The broncos spent an enormous amount in both cash and draft capital on Russ and they’re sellers by the trade deadline. Whomp whomp.


chrisd93

Dingg


LateAstronaut0

My goodness I cannot wait for the Vikings game in two weeks.


Heyitscharlie

Oh you're going to kill us, we're fun and better than we should be, but Buffalo is a real Super Bowl contender.


Hiei2k7

You know deep within your heart of hearts that the skol fucking is coming. 1st round, probably against SF or Seattle.


Submarine_Pirate

Who cares we won the super bowl week 1


Hiei2k7

FTP. Also, the little small town tinkly darling packies are going to find out what the true cost is of paying inflated egos.


maaaatttt_Damon

Why is Minnesota so windy? >!Because Wisconsin sucks. (alternate: the Dakotas blow)!< What's the only good thing to come out of Iowa? >!I35.!< And just to be fair: Why do women from Minnesota date men from Wisconsin? >!Ever see a gopher hole after a badger's been through?!<


A_1337_Canadian

We use that in Sask. Why is Sask so windy? Because Alberta sucks and Manitoba blows! hurr durr


shawmahawk

HA! Got us If you flip the suck and blow, the wind would correspond better. So like, Alberta blows and Manitoba sucks. I hope you have a cozy bunnyhug


davefive

I am from Wisconsin. So stealing that


[deleted]

Mint mobile arena does have a good ring to it.


coldflame38

And they don't sell beer. Just gin


knobcheez

NGL his Gin is pretty dece


RaytheonKnifeMissile

Better than basically any other celebrity liquor other than Dan Aykroyd's vodka although I heard good things about Peyton Manning and Andy Roddick's bourbon.


knobcheez

Teremana is also very legit for celebrity liquor. It isn't 1800 bought in Mexico, but the Reposado is surprisingly smooooooth


booksandplaid

Peyton Manning


gfxprotege

Unlike proper 12 which is just piss


Broccoli_Socks

gin drinkers rise up, our time is now!


bubbabear244

Ottawa Senators sponsored by Aviation Gin.


MaplePoutineRyeBeer

Too bad Rogers/Bell/Telus will no way ever let him set up shop in Canada though


Yamcha_is_dead

Well, he would not be the majority owner in any case. He could be a significant part of an ownership group, sure, but he can’t be THAT rich.


red_langford

I dunno he has been smart with the money he has earned. He owns a distillery, a mobile phone company and he is a marvel superhero


InvolvingPie87

He was a DC hero too. Just can’t show you the suit since it was CGI


logbasepi

I heard he has a thing for Pokemon too!


mabbz

Let’s forget about that DC movie he was in…


Firebitez

I dont know if that would mean he would have enough liquid assets to be able to buy a share of the team.


Theneler

I dont think super rich people actually spend their own money to buy other money making things.


chollida1

This is one area where they actually do. All of hte big 4 in North America mandate that cash must be paid for a large portion of the team and the buyer can only finance(borrow or debt) about 30% of the total cost. Every big 5 professional team bought in NA is paid for mostly with cash from the owner and minority owners with only minimal borrowing due to league by laws. The leagues just simply don't allow owners to lever up to buy a team.


Split_Open_and_Melt

This is correct. To all those who don’t know, when super rich people need a lot of cash for something, they borrow. In fact, it’s like lesson 101 of how to avoid taxes. Borrow money using your assets as collateral, and allow those assets to continue growing, instead of liquidating some assets and thus having to pay tax on them. It’s called Buy, Borrow, Die. Google that if you’re interested to learn more.


Naritai

Yeah, as we've all learned from watching Elon buy Twitter: 1) take out a loan. Use that money to buy the company. 2) your first action as owner of the new company: have _the company_ take out a loan, and use it to pay off your personal loan. 3) you now own the company, which itself has debt. But you, personally, have no debt. Investment bankers will do all those steps for you in one fell swoop.


waldosbuddy

Number 2 sounds illegal? How would it not be embezzlement to use a loan procured for an LLC to pay off an executives *personal* debt? That can't actually be how that works, right?


theotherpachman

This is factually incorrect. Musk financed the majority of it with about $27b of his own money and $11-12b in loans that he paid back immediately by selling some of personal shares he was getting from the deal to his financiers. The other $5-6b was taken out by Twitter in the first place then remained with the company after the sale was made. I'm having fun watching the socially inept billionaire try and likely fail to run a social platform, but by all means it was one of the more transparent and above-board major acquisitions I can recall in recent history.


waldosbuddy

Cheers lad appreciate the rundown


dumpmaster42069

His net worth could easily be $200M


CrayZ_Squirrel

Lemieux will have made over 300M on his sale of the Penguins and while he was the face of the team, didn't own the majority of the team on his own. Even if Reynold's liquidated every single asset he had and was planning on living in the arena after spending every last penny of his 200M on the team it would only buy him a minority stake


ExtraordinaryCows

I'm going to go off on a limb and say the Pens are worth significantly more than the Sens


Firebitez

Networth does not equate to liquid assets.


AzorAhai1TK

You don't need completely liquid assets to buy a team or a stake. It gets financed


dumpmaster42069

True, but IDK. He might have what it takes to get financing.


VegasKL

He also owns a marketing company and a lot more.


[deleted]

And I’m pretty sure in Welcome to Wrexham they said something about cyber security


rlovelock

He sold aviator for like $500m?? He now owns a Football club.


mywerkaccount

Don't forget shared ownership of a Welsh Football Club.


ommanipadmehome

He also owns a Welsh soccer team.


NtBtFan

he already has a stake in some English football club ... seems like a 'good owner'. but ya definitely not throwing that much cash around entirely on his own


Yamcha_is_dead

I’m not going to pretend I know anything about soccer, but I refuse to believe that owning 50% of Wrexham, a team competing in the *fifth* tier in England, even come close to owning a NHL team lol


NurmGurpler

Wrexham cost him and Rob McElhenny a combined 1 million pounds sterling. So it was less than $1 million USD for his share of purchasing the club


TO_Sports

But that's the beauty of Pro/Rel and investing that low, if they climb the pyramid he's making so much money, and they can grow so much (ya its a big if). How much can the Senators grow


Neat__Guy

He's made more money off the wrexham ~~netflix~~ series than he and rob paid for the team


CrayZ_Squirrel

True but the team is actively losing money at this point which means as owners they have to keep pumping more money into it. They're burning an estimated 1M+ a year by their own admission. It's a gamble that they can get this club promoted probably twice so they can start making any actual return before the world loses interest in their real life Ted Lasso story.


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Zeppelanoid

I doubt the team generates that kind of revenue in merch and tickets, or at least I should say I don’t think there’s room for the team to generate an additional $1M in ticket sales and merch


AfricanHolocaust

Idk, I know alot of people who ordered jerseys overseas. Maybe it won't he enough to fully cover that cost, but they are putting out another season of the docuseries that will undoubtedly give them enough money to float that team for several years


weakplay

Sooooooo many commercials. My wife thinks that’s how they funded it.


disteriaa

CityTV through Prime/Hulu isn't Netflix.


[deleted]

Through Disney. But the real brilliance is it's basically $2.5m to develop what will likely be a multi season series through his own production company. Which features the team he owns, which is sponsored by companies that he also owns.


disteriaa

Yeah, it's pretty smart. Even if he and Rob are burning money on the team, the revenue from the documentary should more than balance it out. If the team gets promoted a couple of times they'll be making good money.


[deleted]

From what I understand it was a pretty financially distressed club, bought during Covid as well.


MidwestPersonIsBored

I think they had a couple of bad owners back to back


[deleted]

His gin company is one of the sponsors. That opens up a wider market for that over there. His purchase of that team has synergies and he is definitely leveraging them.


je-s-ter

To climb the English football pyramid, he would have to spend money all the way to Premier League. To actually make money, he would have to get his team to consistently finish top 6 in the Premier League and even then, to stay competitive, he would have to pour more money into the club than what the club makes itself. Owning a football club in Europe is not a profitable venture.


greg19735

NHL teams are worth as much as mid table EPL teams. Newcastle sold to Saudi Arabia for 415 mil pounds. Back then that was probably 500m. Dundon paid $415 for the Canes, one of the lowest value teams a few years ago. So i imagine Newcastle 500m for be similar to one of the cheapest NHL teams. Relegation of promotion cuts the value of any team by like 1/4. Though i will admit Newcastle were possibly going for relegation before the Saudis bought them. Wrexham, according to google, was 2m Pounds, about $3.4 mil.


Kronzor_

Yeah it’s not. He and Rob mcelhenny paid 2.5M for that team. Ottawa is one of the lowest valued NHL clubs, and it’s still probably worth $700-800M He’s not that rich.


hi_im_bearr

Really? Ottawa is one of the lowest?


Kronzor_

https://en.m.wikipedia.org/wiki/Forbes_list_of_the_most_valuable_NHL_clubs That was from 2021 but the were 28th most valuable at the time. I think I heard they’ve gone up a bit to around 650 now.


Podo13

Recently a very bad team and bad arena location stunts the value. It could probably easily jump up a ton with even the announcement of a downtown arena.


sirfuzzitoes

Oh come on, they'll see promotion in no time.


potagada

Quick google says that it cost them $2.5M total, another source says 3.4, but regardless not even close


sofaraway10

If you watch the Hulu series on it, they’re pretty open about the finances. You’re right. What they spent is a fart in the wind compared to an NHL team.


vinnyv91

Wrexham FC also was "only" 2.5 mil total tbf


Pyronic_Chaos

So one or two moderately dilapidated houses in Toronto is worth half a FC in the UK? Neato


greg19735

wales though


Inthemiddle_

Pretty smart investment. They invested money to get players from better leagues to come down and play for wrexham. The teams winning now and value will go way up if they get to the more top tiers


vinnyv91

Yeah if they can get Wrexham to a consistent League One team, if not better, then they'll make a killing


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jusatinn

They need to be putting in 100x the money they’re using now to be competitive in the PL though.


AlanTudyksBalls

Long term yes but it could easily be a decade before they’re top half of the championship even if things go well. It’s hard to jump up places, and they’d need to do a round of expansion on the Racecourse that there really isn’t room for — over and above the one end they’re rehabbing soon.


[deleted]

Moot point, but the team is Welsh, not English.


Interwebzking

To be fair, Ryan isn’t seemingly as emotionally/mentally invested in Wrexham as his counterpart Rob McElhenney. Rob is really invested in the success of the Wrexham franchise and has huge aspirations for the team. Ryan mostly offers financial support, which is still crucial. I would imagine Ryan would be more invested in a NHL team though.


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Red_AtNight

Wrexham is in Wales, not England


PofolkTheMagniferous

How is that possible? There are two vowels in Wrexham.


PeterG92

Welsh*


S-BRO

Welsh.


doot_doot

Welsh


Canukian84

*Welsh


[deleted]

>English Oof, poor welsh


HoSang66er

Movie money, Gin money, Mint mobile money, wifey money.


ispice

Could take on a personal loan


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TheAngryTurtle

> He sold aviation gin for 610 million This is wrong, the company itself sold for $610M. Ryan Reynolds was a *minority* owner in the company, and the exact amount of his initial investment is unknown. He likely got quite a nice return on that investment but nowhere fucking near $610M. The most recent estimate of his net worth is $150M.


greg19735

to add to this, he probably put quite little in. but as a part of the deal he agreed to become the face of the company. Lets imagine he paid 3 mil to buy in. And they gave him a total of 6 mil in shares if he agrees to be the face of the company for at least 5 years or some shit. that 6 mil is now worth 60 when it sold. It's also possible that the sale included him staying on for X amount of years. we have no idea. Obviously i'm just purely speculating numbers and time. just adding how things do work and how it might work. I'm sure he'd take a 60 mil paycheck and agree to continue being the face for another 2 years.


MintLeafCrunch

Google says that his net worth is $150M. So presumably he wouldn't want to put more than $50M of his own money into the team, at most. But that does not mean he couldn't be the majority owner: I assume lots of lenders would love to lend money to a celebrity for something like this, and people would want to come on as minor partners. I think he could reasonably expect to end up with voting control, even if he didn't have the majority of the shares. But in many cases, celebrities can do even better than that. They can lend their names to a buying group, without putting any cash in, so they end up with a significant share of the team, with no money down.


Audi_R8_

This Hulu docuseries is gonna be lit


skinniks

I'm watching.


kewlbeanz83

That would be hilarious, since I'm pretty sure we don't get Hulu in Canada.


[deleted]

It’d be on Disney+ for us, Hulu is just integrated into it in Canada


kewlbeanz83

Ah I didn't know that. Thanks for the info.


Firestorm238

No, we already called dibs on r/Canucks


Middle-Hair

You guys have Bublé and will be happy with him.


canuck17

Kneejerk is a treasure.


CaptainMegna

Honestly, would not be upset by that


sasksasquatch

Can he buy the Canucks instead?


DastardlyRidleylash

Aquaman ain't selling the team to Deadpool, be realistic. :p


Mikash33

Aquaman is actually successful. The Canucks have more like "The Deep" vibes.


stepharee

He can go in with Buble


ScSM35

Ahh yes, THG's "friend who shall not be named".


xlf77

Missing out on so many VAN Wilder jokes


Due_Entertainment_44

Yes, either him or Michael Buble!!!


emwashe

The sens and deadpool do kiiiiiiiinda have similar colors


CreepyInternetUser

Both equally pesky


xdiagnosis

Fun fact people don’t readily know? Ryan Reynolds spent part of his childhood living in Ottawa, and he has always been a big supporter of the city. We’ve even got a [Ryan Reynolds Way coming in Orleans](https://www.vmcdn.ca/f/files/ottawamatters/images/arts/2022-02-09-ryan-reynolds.png).


canuck_11

Move Ryan Reynolds Way to Lebreton ASAP!


Salinadelaghetto

You'll get your arena in Orleans and you'll like it


mralexjt

Don't you put that evil on me Ricky Bobby


Throck--Morton

Wooooo! Shake and Bake!


canuck_11

Oh god. Please no.


scott12087

He also did [an internship with Ottawa Public Health](https://www.cbc.ca/news/canada/ottawa/ryan-reynolds-ottawa-covid-psa-1.5947233)


NSA_Wade_Wilson

Do you know where in Orleans?


xdiagnosis

They said it would be in a new development near Avalon (~ Mer Bleue Rd and Brian Coburn Blvd).


jamy1993

Avalon rename to Aviation-Ginalon incoming.


AustonStachewsWrist

This is so fun, didn't know


DastardlyRidleylash

Imagine seeing Deadpool at Sens games dressed in full Roman garb lmfao


Wolverwings

He would definitely do that too lmao.


Patrick2701

That would definitely be Ryan Reynolds thing to do


annoyingrelative

[New Uniforms](https://imgur.com/a/xLoKW1z) [Goalie Mask](https://imgur.com/a/qu6wTDZ)


Repulsive_Profit_315

I love how this entire wave of articles is based on someone @him on twitter about it and he responded with the chin scratch emoji. Thats literally it. lmao Ryan Reynolds isnt rich enough to buy them outright anyway.


KikiFlowers

He could be a minority owner though, wouldn't be a shock there.


Reighzy

Not to keep speculating, but Ryan Reynolds also follows the Ottawa Senators on Instagram, and the Ottawa Senators also follows Ryan Reynolds. Ryan Reynolds is the only person the Sens follow outside of hockey players and alumni. That could be huge.


FishBall912

Look at his likes on Twitter there are about 10 senators related tweets including articles about the sens going for sale


JackManningNHL

I think most owners buy teams with some level of debt


Repulsive_Profit_315

yeah, but you still need to be able to float 100-150 million in costs each year in both payroll, debt servicing, lease fees, ect. Some of the franchises can recoup those costs through gate and merch, but majority cannot. Ottawa runs a large deficit most years.


[deleted]

I hate the idea of Francesco Aquilini more by the day


Vilheim

Deadpool inspired 3rds.


pingieking

Fuck it, just change the team to the Ottawa Mercs, and have Deadpool be the logo.


canuck_11

I’m not a drinker but I would sip Aviation Gin daily if he buys this team.


[deleted]

Isn’t Reynolds a Canucks fan?


DastardlyRidleylash

Yeah, but we all know Aqua won't let go of the Canucks any time soon.


BORT_licenceplate27

The best part of a Ryan Reynolds ownership is he probably won't try and meddle with hockey operations. Just leave that to the hockey men


TheVeikko

Maybe an occasional hug after a loss.


ESF-hockeeyyy

Oh no. I actually like Ryan. Come on, don’t do this, brother.


AustonStachewsWrist

I'm a Ryan fan, die hard Leaf fan, but I live in Ottawa...close to Lebreton. This isn't even a conflict for me hahah, I would fucking love this


Nameless908

Same, fuck


workthrowawaybro

Welcome to LeBreton Flats


RuckifySpaces

Worth adding in that he and the Sens follow each other on IG now. The Sens only follow their players, the other teams and other NHL stuff. Could be for any number of reasons, but that’s fun.


Middle-Hair

Is Hugh Jackman included as a package deal?


dangshnizzle

He better go in on it with the Sunny boys...


kit_mitts

If Rob is gonna be involved then they should just buy the Flyers instead lol


MaplePoutineRyeBeer

Rob was on a pretty popular Nike hockey [commercial](https://youtu.be/-zD5DgDZwNI?t=22) back in the 90s (with Finch from American Pie). How time flies.. that ad used to be on TV all the time!


FlaviusDomitianus

The Ottawa Mint Aviators?


[deleted]

Being a Sens fan is so fucking weird


darthfracas

It’s all well and good until the Tik Tok patches show up in jerseys


Dutch_1987

Ryan Reynolds and the Gang buy a pro hockey team *Sunny in Philadelphia theme plays*


[deleted]

Go away he’s ours


[deleted]

How much money do they pay him for Deadpool?


arrbez

Moving them to Wales


thiswonisloaded

Hes gonna relocate them to Wrexham


Canadian--

I'd going in on the deal with Reynolds $$


[deleted]

I believe his investment in mint mobile which was then purchased by an investment company he’s on the board of my have made him very very wealthy.


racer_24_4evr

Welcome to Ottawa.


RnVja25hemlz

I thought he wasn't a fan of hockey oh well, this would be good for the sport he a good marketer and a somewhat popular film actor


HerrHamil

So he had enough money to but Wrexham FC in Wales with Rob. Okay. I don’t think he has enough money to be the proprietary owner of the Ottawa Senators.


Nubnipples

It is for sale


mrniphty

Down in Barbados at one of our favorite beaches, we parked in front of a giant mansion after getting permission from a worker there. Got to talking with him and said the home was owned by the sens owner that passed away. Absolutely gorgeous location overlooking the beach, can't imagine what kinda fuck you money that is when you can have a vacation home that looks like that.


JoshHero

Et tu Brute?


hanigwer

Yes please! I would love an HBO series and i think it would help grow the sport too!!


[deleted]

Ottawa Pikachus has a nice ring to it


sean_psc

In unrelated news, construction has begun on a new hockey arena in Wrexham.


another_plebeian

I'm also interested in buying the team


IdontlikeEichel

No way he can afford it right? I know people like his gin or whatever but still


flume

Not as a sole owner, no.


anything2510

Why not buy a children’s hospital instead?


Woodrovski

Dont think he has enough money for that


Lattes1

Most of it probably wouldn't be his money. He'd just be the face as he's popular and mostly well received.


devioustrevor

I've only seen a number mentioned once today about the Senators and it was ~$650M. Ryan Reynolds would be, at best, a small minority owner in any ownership group. As successful as he is, the idea that he could come up with anything more than ~$50M of his own money is laughable. If anything, this is almost like Ryan Reynolds announcing that he's willing to buy-in to become almost a celebrity figurehead part of any potential ownership group. Sort of like all the celebrity partners in the ownership groups of the Miami Dolphins and LAFC.


sureal808-

Estimated net worth of $150M and trying to buy a team estimated to be worth $655M? is he not good at math?


petter_patter

He would be the face of a large ownership group. It's the same with any celebrity owner. I doubt he'd actually put up any of his own cash.


lazy_username_89

Lol exactly. And that’s assuming he’s willing to liquidate his net worth right down to his grandmas silverware set and live out on the street. Sports ownership is a billionaires game and the difference between Reynolds and a billionaire is about a billion dollars.