Actor Ryan Reynolds' bid for the Ottawa Senators is not moving forward, multiple sources close to the process told ESPN.

The NHL declined to comment when reached by ESPN.

Reynolds was attached to a bid to acquire the NHL franchise, led by real estate developer Remington Group. The planned sale of the Senators -- announced in November following the death of longtime owner Eugene Melnyk -- has garnered plenty of interest and is shaping up to become a bidding war among celebrities.