Report: Reynolds partners with Remington Group in bid for Senators

Ryan Reynolds has chosen his co-star in an effort to purchase the Ottawa Senators.

The Vancouver-born actor is teaming up with The Remington Group, which recruited the actor to join a consortium that's set to make a bid for the Sens, according to The Ottawa Sun's Bruce Garrioch.

Landing Reynolds is a major development for the Toronto-based real estate development corporation in its efforts to buy the club. The NHL reportedly informed potential bidders in December that it wants the actor to be a minority partner.

Reynolds was apparently sold on the vision of The Remington Group - one of the largest builders in Ontario - to turn the team into a winning franchise and its determination to build a new arena at LeBreton Flats, according to Garrioch.

More than 20 groups had reportedly expressed interest in purchasing the franchise in November.

The Senators were valued at $655 million by Sportico this season. It's anticipated that the sale of the team will exceed $800 million after the Pittsburgh Penguins were sold to Fenway Sports Group in 2021 for $900 million.