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.
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Famous quotes containing the word history:
“History takes time.... History makes memory.”
—Gertrude Stein (1874–1946)
“The history of all countries shows that the working class exclusively by its own effort is able to develop only trade-union consciousness.”
—Vladimir Ilyich Lenin (1870–1924)
“I am ashamed to see what a shallow village tale our so-called History is. How many times must we say Rome, and Paris, and Constantinople! What does Rome know of rat and lizard? What are Olympiads and Consulates to these neighboring systems of being? Nay, what food or experience or succor have they for the Esquimaux seal-hunter, or the Kanaka in his canoe, for the fisherman, the stevedore, the porter?”
—Ralph Waldo Emerson (1803–1882)