Ryan Reynolds' Latest Move Makes Senators Purchase Appear Imminent

One of the biggest stories in the NHL is the pending sale of the Ottawa Senators.

Hollywood star Ryan Reynolds broke our corner of the internet when he confirmed his interest in buying the club. The Senators would be the second professional sports club in the mega-star's portfolio, joining Welsh football club Wrexham AFC.

Reynolds and his consortium of potential buyers for the Senators - The Remington Group - emerged as the frontrunners, although NHL Commissioner Gary Bettman walked back that notion.

As if he doesn't realize how great Reynolds' face behind an NHL franchise would be for business...

Ryan Reynolds' most recent transaction points to a sale going down sooner than later. After purchasing a 20-25% stake in Mint Mobile (actual percentage is unconfirmed), Reynolds cashed out somewhere between $270-338 million when the company was sold to T-Mobile in a $1.35 billion cash & stock deal.

With Reynolds suddenly liquidating ~$300 million, what's next?

Bruce Garrioch, Ottawa Citizen

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