Senators' owner reacts to deal over new arena at LeBreton Flats

It's been one year since Michael Andlauer took over ownership of the Ottawa Senators and on Saturday, he spoke for the first time about the tentative deal for a new arena at LeBreton Flats.

It's been one year since Michael Andlauer took over ownership of the Ottawa Senators and on Saturday, he spoke for the first time about the tentative deal for a new arena at LeBreton Flats.

"I would love to say that in five years, we’re dropping the puck," Andlauer told reporters. "It's certainly possible, I'd like to under-promise and overdeliver so once the process gets started, we'll probably have a better idea as the year goes along."

After more than two years of talks, The National Capital Commission (NCC) announced Friday that an agreement in principle has been reached between Capital Sports Development Inc. (CSDI) and the NCC.

While there is no concrete timeline or price tag, a new arena could cost in the $1 billion range.

"It shouldn't cost taxpayers money," Andlauer said. "We want to do this, and it's got to be sustainable. I also don’t want our fans to be paying $200 for a ticket and $30 for a beer and $50 for parking. But in any event. that’s to be looked at."

Fans at the Slush Puppie Centre also reacted to the news as they cheered on the Sens in an inter-squad game.

"I think it's great news. I think in terms of you know getting more fans in and more atmosphere getting people and business downtown," said one fan.