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27-484: When Daryl Katz bought the Oilers in 2008 from Edmonton Investors Group , he created Rexall Sports Corporation as an umbrella for Katz Group's sports and entertainment interests. The company was reorganized as Oilers Entertainment Group in 2014, with former Hockey Canada president Bob Nicholson as vice chairman. In 2015, he became chief executive officer and operating head of Katz' entertainment interests, including

54-486: A 12,500-seat tennis and entertainment complex on the campus of York University. In January 2012, he sold Drug Trading Co. and Medicine Shoppe Canada to the U.S.-based drug distributor McKesson Corporation for $ 1.2 billion. Katz Group sold its network of approximately 460 outlets to McKesson Corporation in 2016 for C$ 3 billion. In May 2007, Katz made a $ 145-million bid to buy the Edmonton Oilers franchise, which

81-559: A 50,000 square foot public plaza, two office towers, a JW Marriott Hotel, a Gateway casino, over 1,000 luxury condos and rental apartments, and 270,000 square feet of retail space at a total cost of approximately $ 2.5 billion. In 2014, it was announced that the City of Edmonton and Stantec would be the major tenants of the two respective office towers. Stantec's tower will be the tallest in Edmonton at 69 stories. The Edmonton Arena District

108-557: A few smaller independent retailers. In 1997, he purchased the Ontario-based, 143-store Pharma Plus drugstore chain from the supermarket operator Oshawa Group for $ 100 million. Katz reportedly retains a small circle of highly paid executives who run the Katz Group. Rexall Pharmacy is run from Ontario, while other subsidiaries of Katz Group maintain private headquarters separate from Katz Group itself. In 1999 he ventured into

135-449: A new company that will develop, produce and provide or arrange financing for feature films, television and digital projects. Katz’ interests in the company fall under the OEG umbrella. The partnership was dissolved in 2019 and Silver Pictures carried on under Hal Sadoff. Katz has said he bought the Oilers because he saw Edmonton's need for a new arena as an opportunity to be the catalyst for

162-561: Is open to the public. In 2022, OEG acquired the Tokyo Smoke brand and 23 retail cannabis stores from Canopy Growth . Daryl Katz Daryl Allan Katz (born May 31, 1961) is a Canadian billionaire businessman. Katz is the founder and chairman of the Katz Group of Companies , one of Canada's largest privately owned enterprises, with pharmacy, sports & entertainment, and real estate development businesses. Katz Group owns

189-475: The ECHL . OEG also owns Aquila Productions, which produces film & television, live events and broadcasts, and corporate and branded messaging services. In April 2015, Katz announced a partnership with film producer Joel Silver to create Silver Pictures Entertainment – a new company that will develop, produce and provide or arrange financing for feature films, television and digital projects. Katz's interests in

216-624: The Edmonton Oilers and led the development of Rogers Place and the Ice District. Katz is a former lawyer and resides in Edmonton. Daryl Katz was born in 1961 in Edmonton, Alberta. His father was a pharmacist who founded Value Drug Mart in Edmonton in the 1970s. Katz attended the Jewish day school, the Edmonton Talmud Torah during his elementary years and then graduated from Jasper Place High School . He then attended

243-484: The Stollery Children's Hospital in Edmonton, as well as supporting public events. Between 2005 and 2010, Katz and his wife donated "over $ 50 million" to organizations and institutions across Canada. As of November 2022, Katz' net worth is reported at US$ 4.2 billion, according to Forbes . Katz is married to Renee Gouin. She is the daughter of Jean Yvon (Ivan) Gouin . In 1952, her father founded

270-543: The University of Alberta , graduating with an arts degree in 1982 and with a law degree in 1985. After school, he worked for a time at the law firm, Shoctor, Mousseau, and Starkman, and then started his practice focusing on corporate and franchise law. In 1991, in a partnership with his father, Katz paid $ 300,000 for the Canadian rights to the U.S.-based Medicine Shoppe drugstore franchise which had over 1,000 stores in

297-831: The 1960s to 1980s. It was renamed the Oshawa Group Limited in 1971. The company roots date back further to 1914 by founders Max Wolfe (1893–1987) and Maurice Wolfe , who started the Ontario Produce Company and acquired Oshawa Wholesale in 1949 and later gave rise to Oshawa Group. Through the life of the company it was run by the Wolfe family: Beginning in the 1960s, Oshawa Group acquired various retail chains and stores: Outside of retailing, Oshawa Group acquired various companies and real estate: Oshawa Group also operated food services company SERCA Foodservices Incorporated . The retail scene changed in

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324-756: The Bahamas between 2016 and 2019. Originally beginning with just the Oilers, OEG has grown to include a significant portfolio of sports and entertainment offerings. OEG now owns and operates the Edmonton Oil Kings of the Western Hockey League and the Bakersfield Condors of the American Hockey League . From January 2014 to September 2016, OEG owned the Bakersfield Condors / Norfolk Admirals franchise in

351-730: The North American Construction Group which became one of the largest mining and heavy construction companies in Canada. The couple have twin children, Chloe and Harrison, who are the founders of the nonprofit Hockey Helps Kids organization. In 2019, the Oilers Entertainment Group released a statement confirming that Katz has been suffering from a life-threatening, antibiotic-resistant bacterial sinus infection . Sportsnet hockey analyst John Shannon tweeted that Katz carried an IV bag around

378-471: The Oilers. On April 24, 2015 OEG announced the appointment of Peter Chiarelli as President of Hockey Operations and General Manager of the Oilers. The OEG's CEO, Jürgen Schreiber , is currently under investigation by the Canada Revenue Agency after an audit found millions in undeclared Canadian income from real estate holdings and incorporated businesses while he claimed to be living in

405-477: The U.S. with the purchase of the money-losing, $ 300 million in sales, Minnesota-based Snyders Drug Store chain; in 2001, he purchased the U.S.-based Drug Emporium big-box discount chain. His foray into the U.S. was not without failure: the Snyder's chain filed for bankruptcy in 2003 and its 25 stores were sold to Walgreens. In 2004, Katz purchased the naming rights for ten years to the new $ 45-million Rexall Centre ,

432-460: The USA. In 1992, they opened the first Medicine Shoppe store and Katz founded the Katz Group of Companies which was to become the holding company for the group. In 1996, Katz purchased the storied but fading Rexall drugstore chain in Canada which at the time, only consisted of several dozen stores. The business grew and by 1998, the Katz Group consisted of 80 Rexall stores, 30 Medicine Shoppe outlets, and

459-629: The acceptance deadline to February 5, 2008, at which time Katz was notified by the EIG that all its members agreed to sell the Oilers to him, pending league and financial approval. On June 18, 2008, Daryl Katz received the final OK from the National Hockey League to purchase the Edmonton Oilers, and then on July 2, 2008, he was officially announced as the owner of the Edmonton Oilers during a Press Conference at Rexall Place, where he

486-548: The case. In July 2022, Boston Ballet ballerina Dusty Button and her husband, defendants in a U.S. civil suit filed by Sage Humphries and six other ballerinas accusing the Buttons of sexual abuse, filed a counterclaim alleging that Katz paid Humpheries $ 75,000 in exchange for sexual favors. Humphries denied having had any sexual relationship with Katz. In August 2022, the couple voluntarily withdrew their claims against Katz; their lawyer issued an apology and requested that

513-588: The clock during the Edmonton Oilers ’ playoff run in 2017. He also underwent three surgeries in ten months to battle the infection which has a 50-50 survival rate, and his current prognosis looks positive. In early 2017, Katz was accused by Brazilian actress and model Greice Santo and her husband R. J. Cipriani of offering money to the former in exchange for sexual favors. Santo also denounced Michael Gelmon, Katz's cousin and associate, for defending him and threatening to end her career in Hollywood if she spoke about

540-602: The company fall under the OEG umbrella. OEG also operates Rogers Place , a multi-use indoor arena that is home to the Edmonton Oilers and the Edmonton Oil Kings. In addition to sporting events, the arena plays host to concerts and other events in the Ice District , a mixed-use sports and entertainment development, featuring a winter garden - a key part of the architectural design used as a large multi-use indoor public space - and an adjoining community rink which

567-570: The court strike all relevant references from the record. Oshawa Group The Oshawa Group was once a leading owner of supermarkets in Ontario , Canada. It was bought by Sobeys (via Empire Company Limited) in 1998. The company was based in Etobicoke and traded on the Toronto and Montreal stock exchanges. Founded in 1957 as Oshawa Wholesale Limited , the company grew from expansion in

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594-490: The new home of the Edmonton Oilers. In addition to the Oilers, OEG owns and operates the Edmonton Oil Kings (WHL), and Bakersfield Condors (AHL) as well as Aquila Productions (film & production company). Nicholson was named CEO of OEG in April 2015 and given responsibility for both business and hockey operations. In April 2015, Katz announced a partnership with Joel Silver to create Silver Pictures Entertainment –

621-627: The owners of the team, the Edmonton Investors Group (EIG), quickly rejected, stating the team was not for sale. In July 2007, he made another bid for the Oilers of $ 185-million, which EIG turned down on August 7, 2007. On December 12, 2007, Katz made an offer of $ 188-million to the EIG. The Board of the EIG announced in January 2008 that it would again recommend to its shareholders to reject this latest bid. On January 28, 2008, Katz increased his offer to $ 200 million and extended

648-756: The project began March 2014. Opened in September 2016, Rogers Place was marketed as one of North America's most advanced sports & entertainment venues, active year-round and featuring a 24,000 square foot grand entrance-way called the Ford Hall which can be used as public/private programmable space. With Rogers Place at its core, Katz Group has begun construction of the Edmonton Arena District (EAD), slated to be Canada's largest mixed-use sports and entertainment development. The EAD will cover 25 contiguous acres of downtown Edmonton, and feature

675-525: The revitalization of Edmonton's downtown core. Following public consultations and negotiations with the City of Edmonton , Katz Group and the city agreed to a public-private partnership to build Rogers Place arena, which would see the city retain ownership of the new arena, and Katz Group operate it (under OEG). The City's portion of arena funding will be paid through a Community Revitalization Levy and will not result in any new cost to taxpayers. Construction on

702-813: Was formally renamed the Ice District on July 13, 2015. In October 2006 Katz announced a $ 7 million donation to the University of Alberta Faculty of Pharmacy and Pharmaceutical Sciences and Faculty of Law. Matched by the province, the gift was the largest donation ever to a Canadian pharmacy school. The west wing of the Health Research Innovation Facility at the corner of 87th Avenue and 114th Street in Edmonton has been named The Katz Group Centre for Pharmacy and Health Research. In 2009 Katz donated $ 20 Million to Mount Sinai Hospital in Toronto and founded The Daryl A Katz Centre For Urgent And Critical Care. Katz has also given "millions" to

729-403: Was presented with an Edmonton Oilers Jersey with the number "08" and his last name patched onto the back. In June 2014, Katz Group announced that Bob Nicholson would join the organization as Vice-Chairman of Oilers Entertainment Group (OEG), a new sports and entertainment company that would manage the Katz Group's growing family of sports and entertainment assets, and operate Rogers Place ,

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