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Daryl Katz

Born:May 31, 1961Status: Owner (Edmonton Oilers)
Hometown:Edmonton, AB, CANKnown For:Chairman and CEO, Katz Group

Daryl Katz (born May 31, 1961) is the founder and chairman of Katz Group of Companies, one of the largest privately-owned companies in Canada. The organization has pharmacy, sports and entertainment, and real estate development businesses.

Gary Bettman and Daryl Katz
Gary Bettman and Daryl Katz (Photo by Bruce Bennett/Getty Images)

Katz is also a generous philanthropist. In 2006, he donated $7 million to the University of Alberta Faculty of Pharmacy and Pharmaceutical Sciences and Faculty of Law, which was then matched by the province. In 2009, he made an even larger donation of $20 million to Mount Sinai Hospital in Toronto. It’s reported that he and his wife, Renee Gouin, donated around $50 million between 2005 and 2010.

The Canadian businessman also owns the WHL’s Edmonton Oil Kings and the AHL’s Bakersfield Condors.

Oilers Under Ownership

Katz really wanted the Edmonton Oilers. In 2007, he made bids of $145 million, $185 million, and $188 million, all of which were turned down. Then, in Jan. 2008, he made an offer of $200 million, which was accepted. The organization is worth $550 million (2020).

The Oilers have made the playoffs once in Katz tenure, despite having four first-overall picks in that time. The club now has Connor McDavid, who they hope can lead them into a new era.

Deeper Dive

Staff History

  • Edmonton Oilers (Franchise Owner) 2008-current
  • Edmonton Oil Kings, WHL (Franchise Owner) 2008-2018
  • Oklahoma City Barons, AHL (Franchise Owner) 2010-2015
  • Bakersfield Condors, AHL (Franchise Owner) 2013-2021

Achievements

  • 2x WHL Champion (2012, 2014)
  • CHL Memorial Cup Champion (2014)

Sources