Silver Seven · Nov 4, 2022
The Senators Are Officially For Sale
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Sportico (via Yahoo Sports) is reporting that the Melnyk family has hired Galatioto Sports Partners to explore a potential sale of the Ottawa Senators. Galatioto Sports Partners is an investment bank that specializes in the professional sports industry.
A partial or full sale has long been rumoured and speculated about, with chatter especially picking up since the passing of Eugene Melnyk. While the Sportico piece is very light on details, it is the first to go beyond rumour and vague whispers of intent or interest by naming any of the other players (potentially) involved.