Official Ottawa Senators Thread

[Zee]

They traded Zaitsev and 2 draft picks for Chicago for nothing in return.

Wonder if they're trying to get Chychrun or maybe even bring Karlsson back?

[bustaheims]

They traded Zaitsev and 2 draft picks for Chicago for nothing in return.

Wonder if they're trying to get Chychrun or maybe even bring Karlsson back?

It's probably more about freeing up space they were wasting on a player they didn't really want in the lineup more than any other moves. Can't be spending that much on a guy who they sent to the AHL for a bit and has frequently been a healthy scratch.

[cw]

https://www.tsn.ca/nhl/deadline-passes-for-first-round-of-bids-for-ottawa-senators-sale-1.1927631
NHL deputy commissioner Bill Daly estimated last month the sale price will be more than $800 million and could eclipse $1 billion.

First bid closing is today.

Melnyk bought the Senators out of bankruptcy for $92 mil in 2003. Not a bad RoV.

I guess Gary Bettman will remain on Anna and Olivia Melnyk's Christmas card list ...

[Zee]

They traded Zaitsev and 2 draft picks for Chicago for nothing in return.

Wonder if they're trying to get Chychrun or maybe even bring Karlsson back?

Damn, this guy here is smart.

[CarltonTheBear]

https://twitter.com/soshnick/status/1668599774646358018

Why?

[herman]

https://twitter.com/soshnick/status/1668599774646358018

Why?

Is a portion of that one of Eugene's daughters' tax bill?

[bustaheims]

https://twitter.com/soshnick/status/1668599774646358018

Why?

Rich people do dumb things around sports.

[Nik]

Why?

Why not? It's basically an idiot proof business model. Either he gets an absolute sweetheart of a deal on a stadium by threatening to move which makes profitability a near guarantee leading to an increase in franchise valuation or he can move, get a sweetheart stadium deal in a bigger market and reap the benefits that way. And no matter how poorly you run your club, you get rewarded with high draft picks.

For all the talk of the Walton or Ballmer franchise buys being bad value, I'm still waiting for a team to be sold at a lower price than what it was purchased for.

[Significantly Insignificant]

Why?

Why not? It's basically an idiot proof business model. Either he gets an absolute sweetheart of a deal on a stadium by threatening to move which makes profitability a near guarantee leading to an increase in franchise valuation or he can move, get a sweetheart stadium deal in a bigger market and reap the benefits that way. And no matter how poorly you run your club, you get rewarded with high draft picks.

For all the talk of the Walton or Ballmer franchise buys being bad value, I'm still waiting for a team to be sold at a lower price than what it was purchased for.

Melnyk bought the team for around $100 million.  Pretty good return on investment 20 some years later.

The Washington Commanders deal is crazy.  Snyder bought them for $89 million in the late 80's and sold for $6 billion.

[herman]

https://twitter.com/jackrichrdson/status/1668626944550903814

[Nik]

Why?

Why not? It's basically an idiot proof business model. Either he gets an absolute sweetheart of a deal on a stadium by threatening to move which makes profitability a near guarantee leading to an increase in franchise valuation or he can move, get a sweetheart stadium deal in a bigger market and reap the benefits that way. And no matter how poorly you run your club, you get rewarded with high draft picks.

For all the talk of the Walton or Ballmer franchise buys being bad value, I'm still waiting for a team to be sold at a lower price than what it was purchased for.

Melnyk bought the team for around $100 million.  Pretty good return on investment 20 some years later.

The Washington Commanders deal is crazy.  Snyder bought them for $89 million in the late 80's and sold for $6 billion.

That's not quite true re: Snyder. He bought them for 800 million in 1999 but the point still stands for the most part. I mean, he ran that team about as poorly as it's possible to run a team with effectively no on-field success and being accused of everything from racism to sexual misconduct and it was still wildly profitable for him.

The real crazy thing to think about is the value of some of the premium sports teams out there. Jerry Jones bought the Cowboys for 140 million. Now? Who the heck knows. We have no real way of knowing what the Cowboys or Lakers or Yankees might sell for.

[Arn]

The real crazy thing to think about is the value of some of the premium sports teams out there. Jerry Jones bought the Cowboys for 140 million. Now? Who the heck knows. We have no real way of knowing what the Cowboys or Lakers or Yankees might sell for.

Even in hockey terms, if Ottawa are worth that, what of the likes of Leafs, Montreal, Rangers etc

[Nik]

The real crazy thing to think about is the value of some of the premium sports teams out there. Jerry Jones bought the Cowboys for 140 million. Now? Who the heck knows. We have no real way of knowing what the Cowboys or Lakers or Yankees might sell for.

Even in hockey terms, if Ottawa are worth that, what of the likes of Leafs, Montreal, Rangers etc

I think with some of these teams the social cache of owning them is so great that it almost doesn't matter what they're worth. For anyone to sell them they'd be signing up from going from a very wealthy and important/powerful/famous person to being a wealthier unknown. That seems pretty unlikely with any of the major franchises out there.

Soccer I guess is the exception because these days to spend with teams like Man City or Real Madrid or whoever I'm not even sure making money is an option.

[Significantly Insignificant]

Why?

Why not? It's basically an idiot proof business model. Either he gets an absolute sweetheart of a deal on a stadium by threatening to move which makes profitability a near guarantee leading to an increase in franchise valuation or he can move, get a sweetheart stadium deal in a bigger market and reap the benefits that way. And no matter how poorly you run your club, you get rewarded with high draft picks.

For all the talk of the Walton or Ballmer franchise buys being bad value, I'm still waiting for a team to be sold at a lower price than what it was purchased for.

Melnyk bought the team for around $100 million.  Pretty good return on investment 20 some years later.

The Washington Commanders deal is crazy.  Snyder bought them for $89 million in the late 80's and sold for $6 billion.

That's not quite true re: Snyder. He bought them for 800 million in 1999 but the point still stands for the most part. I mean, he ran that team about as poorly as it's possible to run a team with effectively no on-field success and being accused of everything from racism to sexual misconduct and it was still wildly profitable for him.

The real crazy thing to think about is the value of some of the premium sports teams out there. Jerry Jones bought the Cowboys for 140 million. Now? Who the heck knows. We have no real way of knowing what the Cowboys or Lakers or Yankees might sell for.

Ah, sorry.  Not sure where I got that $89 million in the 80's number from.  Maybe it was another franchise, or maybe I just confounded the years and price. 

[herman]

https://twitter.com/SunGarrioch/status/1669334328512315394
https://twitter.com/CapFriendly/status/1669345280796553217

Unrelated, but absolutely related:

Would you?