Snoop Dogg previously revealed that he put up a bid to become an owner of the NHL team, the Ottawa Senators. However, the Senators have reportedly moved forward with another bidder in the sale. The team noted they sold the team to another person, revealed to be Toronto billionaire Michael Andlauer. 

Snoop Dogg was reportedly part of a group put together by an entrepreneur in Los Angeles named Neko Sparks in an attempt to purchase ownership of the hockey team. Ultimately, the billionaire and backers for him are set to hand over $1 billion for the Ottawa Senators. Previously, Ryan Reynolds was interested in purchasing the NHL team but backed out.

Source: TMZ