On Wednesday, People magazine reported that the Deadpool actor and entrepreneur is considering buying the NHL team, amid reports that the owners are considering selling. Reaction on social media was swift, with fans Photoshopping pictures of Reynolds’ Deadpool character wearing a Senators jersey in a team photo. One account even revamped the Ottawa Senators logo, replacing the centurion figure with Deadpool’s mask. New logo for the Ottawa Senators, pic.twitter.com/eSxjTSyfSu —@sportslogosnet On Tuesday, Reynolds himself responded to a Twitter follower who suggested he buy the team — not exactly a yes, but not a no either. While the fans seem excited, why would Ryan Reynolds want to do anything with Ottawa, let alone buy their NHL team? For starters, Reynolds is Canadian. He was born in Vancouver, but for a time lived in Ottawa’s Vanier neighborhood and maintained close ties to the city.. Reynolds donated to the Ottawa Food Bank in 2020. He also starred as Bruce the Intern, the man behind Public Health of Ottawa’s smart Twitter account, during the pandemic. Earlier this year, Mayor Jim Watson named a street “Ryan Reynolds Way.” While the idea that Reynolds would be interested in buying the Senators comes as a surprise to many, the team isn’t so sure.

The Sens are reacting to rumors of Ryan Reynolds’ possible interest in buying the team

Coach DJ Smith and defenseman Erik Brännström said they have both heard rumors that Canadian actor Ryan Reynolds may be interested in buying the Ottawa Senators franchise. “Yeah, that’s interesting. You hear all that stuff coming out,” manager DJ Smith said with a laugh Thursday when asked about the prospect of Reynolds owning the club. “For us as a team, we just want to win hockey games and we’re going to do whatever we can.” Defender Erik Brännström also laughed when asked about his thoughts. “I saw it yesterday. Yeah, it would be fun,” Brännström said, though he admitted he hadn’t seen any of Reynolds’ films. If the Ottawa Senators are put up for sale, the price will likely be much higher than Reynolds can afford on his own, says economics professor Moshe Lander. (Chris O’Meara/The Associated Press)

Reynolds would need a billionaire partner, the expert says

Even with the support of the fans, it is unclear whether the actor could afford to buy the team. “Here’s the thing. Let’s say it has idle cash, $50 million, $100 million, right? We’re talking about a team that’s going to cost $700 million,” said Moshe Lander, an economics professor at Concordia University in Montreal. “It’s going to require very, very deep pockets. And if you want to sell small token stakes to people like Ryan Reynolds, go for it – but there better be a face on the front who has a lot of zeros after his name.”

Ryan Reynolds would need billionaire backers to buy Sens, says economics professor

Concordia University economics professor Moshe Lander said actor Ryan Reynolds is far more likely to be a “face” for the Ottawa Senators than an outright owner. There is the added complication that the Senators may be leaving the Canadian Tire Centre, located 25 kilometers west of downtown. Three months after the death of former owner Eugene Melnyk in March, the National Capital Commission (NCC) announced it had signed a memorandum of understanding with a Senators-led group to develop an NHL arena and event venue surrounded by a mixed-use development. of use at LeBreton Flats. near downtown Ottawa. The group’s idea was still in the very early stages, the NCC stressed, with the goal of signing a long-term lease agreement in the fall of 2023. Lander said it’s possible someone like Reynolds wouldn’t be interested in getting involved in such a complicated and political deal. Reynolds already has a history of investing in professional sports teams. Last year, he and actor and producer Rob McElhenney invested more than $3.4 million to buy Wrexham Association Football Club, a football club from North Wales. CBC tried to reach Reynolds for an interview, but did not receive a comment.