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Snoop Dogg, The Weeknd Lose Bid to Become First Black NHL Owners After Ottawa Senators Sale to Rival Investment Group

June 15, 2023
in HipHop
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Snoop Dogg, The Weeknd Lose Bid to Become First Black NHL Owners After Ottawa Senators Sale to Rival Investment Group
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Snoop Dogg and The Weeknd have expanded their manufacturers in dozens of distinctive and fascinating methods, from investing in tech, hawking clothes traces, books and wine to starring in HBO dramas. However the one enterprise the pair has not but been capable of crack is the NHL.

Snoop was a part of a bunch assembled by L.A.-based entrepreneur Neko Sparks in a bid to buy the Ottawa Senators, whereas Toronto-led The Weeknd (who now goes by his beginning title, Abel Tesfaye) reportedly joined a rival bid led by hometown billionaires Jeffrey and Michael Kimel of Harlo Capital Group. Each males had been hoping to be the primary Black homeowners of an NHL franchise.

Whereas Tesfaye is a Toronto native and avowed hockey fan with ties to Ottawa and Snoop teamed with the NHL in 2018 for the weekly video collection “Hockey 101 With Snoop Dogg,” neither man — nor actor Ryan Reynolds, who was additionally reportedly a part of one in all half dozen bidding teams — made the ultimate lower.

In line with ESPN, the A-list energy was not sufficient to win out in the long run, with the Senators board of administrators saying on Tuesday (June 13) {that a} group led by Andlauer Healthcare Group CEO Michael Andlauer put within the profitable bid at practically $1 billion; the board has not but disclosed the ultimate phrases of the deal. Andlauer, 57, who additionally owns the Ontario Hockey League’s Brantford Bulldogs, must divest in his 10% stake within the NHL’s Montreal Canadiens staff as a part of the pact.

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“My household and I are very excited to be a part of the Ottawa Senators Hockey Membership,” Andlauer mentioned in an announcement in response to ESPN. “I consider that the Senators’ fan base is among the most passionate within the league, and I’m excited to take the franchise’s success — each on and off the ice — to the following stage.”

The location reported that Andlauer’s bid edged the one from the Kimels, in addition to the one from Sparks, which was mentioned to be “underfunded.” The dropping bid got here after Snoop overtly coveted the staff on his socials, writing on Instagram in Could, “wonderful what @neko_sparks is attempting to do in Ottawa & I’m trying ahead to being aside of that possession staff. I WANNA BRING HOCKEY TO OUR COMMUNITY.”



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Tags: bidBlackDoggInvestmentGroupLoseNHLOttawaownersRivalsaleSenatorsSnoopWeeknd
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