History
Ottawa had been home to the original Senators, a founding NHL franchise and eleven-time Stanley Cup champions. After the NHL expanded to the United States in the late 1920s, the original Senators' eventual financial losses forced the franchise to move to St. Louis in 1934 operating as the Eagles. The team was unsuccessful in St. Louis, and was permanently suspended after just one year.
Fifty-four years later, after the NHL announced plans to expand, Ottawa real estate developer Bruce Firestone decided along with colleagues Cyril Leeder and Randy Sexton that Ottawa was now able to support a NHL franchise, and the group proceeded to put a bid together. His firm, Terrace Investments, did not have the liquid assets to finance the expansion fee and the team, but the group conceived a strategy to leverage a land development. In 1989, after finding a suitable site on farmland just west of Ottawa in Kanata on which to construct a new arena, Terrace announced its intention to win a franchise and launched a successful "Bring Back the Senators" campaign to both woo the public and persuade the NHL that the city could support an NHL franchise. Public support was high and the group would secure over 11,000 season ticket pledges. On December 12, 1990, the NHL approved a new franchise for Firestone's group, to start play in the 1992–93 season.
Read more about this topic: Ottawa Senators
Famous quotes containing the word history:
“When the coherence of the parts of a stone, or even that composition of parts which renders it extended; when these familiar objects, I say, are so inexplicable, and contain circumstances so repugnant and contradictory; with what assurance can we decide concerning the origin of worlds, or trace their history from eternity to eternity?”
—David Hume (1711–1776)
“These anyway might think it was important
That human history should not be shortened.”
—Robert Frost (1874–1963)
“America is, therefore the land of the future, where, in the ages that lie before us, the burden of the World’s history shall reveal itself. It is a land of desire for all those who are weary of the historical lumber-room of Old Europe.”
—Georg Wilhelm Friedrich Hegel (1770–1831)