Ottawa Senators rumors: Potential buyer Ryan Reynolds sells mobile company for $1 billion

Canadian actor Ryan Reynolds is reported to be one of the frontrunners to purchase ownership of the Ottawa Senators. On Wednesday, March 15, the Mint Mobile company, 25% of which is reported to be owned by Ryan Reynolds, was sold to America's second-largest cellphone company T-Mobile.

"Big news! @TMobile has agreed to acquire @Mintmobile - another brand that loves its customers, delivers amazing value, and likes to shake things up. They'll fit right in. We can't wait to welcome them to the family!"- Mike Sievert

As part of the deal, T-Mobile will pay $1.35 billion, which will include a combination of 39% cash and 61% stock. Following the announcement, T-Mobile released a statement.

The statement read:

"Mint Mobile is the best deal in wireless and today’s news only enhances our ability to deliver for our customers."

The statement further added:

"'We are so happy T-Mobile beat out an aggressive last-minute bid from my mom Tammy Reynolds as we believe the excellence of their 5G network will provide a better strategic fit than my mom’s slightly-above-average mahjong skills. I am so proud of the entire Mint team and so excited for what’s to come,'ethe Deadpool film star said."

The deal will fill Reynold's pockets with an inflow of large amounts of cash. According to a report by the BBC, Ryan Reynolds will receive a whopping $300 million from the deal.

How will this deal help Ryan Reynolds in his bid to purchase the Ottawa Senators?

Fans gather outside the Canadian Tire Centre Arena

As reported earlier, Ryan Renolds along with the Remington group, led by Christopher Bratty, are among the frontrunners in buying ownership of the Ottawa Senators. The group took part in the first stage of the bidding process and eventually advanced to the next stage.

Following the announcement of the T-Mobile deal on Wednesday, the sale process for the Ottawa Senators gained momentum as the NHL commissioner, Gary Bettman, said that it is just a matter of weeks before the selling process of the Senators hockey club will come to a conclusion.

The Ottawa Senators' price tag is expected to be around $800 million, but according to reports, it could reach $1 billion once the sale process is completed.