Snoop Dogg Loses Bid To Buy Ottawa Senators

Put away the celebratory joints … Snoop Dogg will not be the next owner of the Ottawa Senators after all — the NHL franchise announced Tuesday it’s opted to sell its team to another bidder.

Snoop had been a part of the group that L.A.-based entrepreneur Neko Sparks had put together in an effort to buy the hockey team … but the Sens revealed they ultimately chose to go with the offer that Toronto billionaire Michael Andlauer had made instead.

Reportedly, Andlauer and his backers will fork over right around $1 BILLION for the team as part of the sale.

Snoop has yet to comment on the matter … but it’s no doubt got to be disappointing for the rapper — you’ll recall, back when he initially became a part of Sparks’ group, he said in an Instagram post that he desperately wanted the squad.

Andlauer, meanwhile, said Tuesday he was fired up to have beaten out the rest to become the team’s next owner.

“I believe that the Senators’ fanbase is one of the most passionate in the league,” he said, “and I’m excited to take the franchise’s success both on and off the ice to the next level.”