{"id":422078,"date":"2026-01-22T18:32:15","date_gmt":"2026-01-22T18:32:15","guid":{"rendered":"https:\/\/www.rawchili.com\/nhl\/422078\/"},"modified":"2026-01-22T18:32:15","modified_gmt":"2026-01-22T18:32:15","slug":"canadiens-minority-owner-linked-to-ottawa-senators-purchase","status":"publish","type":"post","link":"https:\/\/www.rawchili.com\/nhl\/422078\/","title":{"rendered":"Canadiens Minority Owner Linked To Ottawa Senators Purchase"},"content":{"rendered":"

Transport magnate Michael Andlauer, currently a minority owner of the Montreal Canadiens, is among the investors showing strong interest in purchasing the Ottawa Senators according to Bruce Garrioch<\/a>.<\/p>\n

The Hamilton Bulldogs owner joins businessman Andre Desmarais (Power Corporation), Neil Malhotra (Claridge Homes) and Ottawa Generals owner Rocco Tullio as the early front runners now that the Senators franchise has officially been put on the market<\/a> following Eugene Melnyk\u2019s passing in late March.<\/p>\n

The Senators have one of the lowest franchise values<\/a> in the league, but the nation\u2019s capital currently offers an interesting opportunity for a healthy return on investment.<\/p>\n

The Senators<\/a> are the preferred bidder for the development of LeBreton Flats<\/a> into a multi-use venue featuring a brand-new NHL arena.<\/p>\n

The project will replace the aging Canadian Tire Centre, currently located over 20 kilometres west of downtown Ottawa.<\/p>\n

Actor Ryan Reynolds<\/a>, a former Vanier resident, also showed interest in buying the Senators, though the current price tag, estimated to be between upward of US$800 million<\/a>, may push the Wrexham AFC owner out of the bidding.<\/p>\n

Return On Investment<\/p>\n

Andlauer was part of the Geoff Molson-led group that purchased the Montreal Canadiens, the Bell Centre, and the Gillette Entertainment Group (Evenko) in 2009 for USC$575 million, and reportedly owns a 20% stake<\/a> in the franchise.<\/p>\n

The Notre-Dame-de-Gr\u00e2ce native\u2019s original investment is estimated at US$28 million<\/a>.<\/p>\n

The 2021 Forbes<\/a> NHL franchise evaluation places the Canadiens\u2019 value at US1.6 billion.<\/p>\n

Andlauer also serves as an alternate governor<\/a> for the Canadiens.<\/p>\n

This is not the first time Andlauer is linked to the purchase of the Senators,<\/a> however, purchasing another NHL franchise would be judged a conflict of interest, which would lead to Andlauer selling his shares in the Canadiens.<\/p>\n

Andlauer\u2019s business, the Andlauer Healthcare Group, is a supply-chain company focused on healthcare logistics, with a market cap of US$2.3 billion.<\/p>\n

\t\t\"avatar\"<\/p>\n

\t\tMarc has been covering the Habs for over a decade. He previously worked for Journal Metro, The Athletic, The … More about Marc Dumont<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Transport magnate Michael Andlauer, currently a minority owner of the Montreal Canadiens, is among the investors showing strong…\n","protected":false},"author":2,"featured_media":422079,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[5104],"tags":[24782,31520,5,830,21,4,5653,72,25,5157,15946,73],"class_list":["post-422078","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ottawa-senators","tag-forbes","tag-geoff-molson","tag-hockey","tag-michael-andlauer","tag-montreal-canadiens","tag-nhl","tag-nhl-franchise","tag-ottawa","tag-ottawa-senators","tag-ottawasenators","tag-sale","tag-senators"],"share_on_mastodon":{"url":"https:\/\/channels.im\/@nhl\/115940186816192997","error":""},"_links":{"self":[{"href":"https:\/\/www.rawchili.com\/nhl\/wp-json\/wp\/v2\/posts\/422078","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rawchili.com\/nhl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rawchili.com\/nhl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rawchili.com\/nhl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rawchili.com\/nhl\/wp-json\/wp\/v2\/comments?post=422078"}],"version-history":[{"count":0,"href":"https:\/\/www.rawchili.com\/nhl\/wp-json\/wp\/v2\/posts\/422078\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rawchili.com\/nhl\/wp-json\/wp\/v2\/media\/422079"}],"wp:attachment":[{"href":"https:\/\/www.rawchili.com\/nhl\/wp-json\/wp\/v2\/media?parent=422078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rawchili.com\/nhl\/wp-json\/wp\/v2\/categories?post=422078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rawchili.com\/nhl\/wp-json\/wp\/v2\/tags?post=422078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}