The Ontario Hockey League approved the sale of the Barrie Colts hockey club to Toronto-area businessman John Careri on July 31, 2026 [1].
The ownership change marks a transition for the franchise as it enters a new leadership era under a proven business executive. This move ensures the stability of the team's operations within the competitive landscape of junior hockey in Ontario.
Careri serves as the president and chief executive officer of JONVIC Capital Inc. [2]. His background in the Toronto business sector brings a different financial perspective to the management of the club, which is based in Barrie, Ontario [3].
The league's formal approval on July 31, 2026 [1], completes the transfer of ownership. The process involves rigorous vetting by the OHL to ensure that new owners possess the financial capacity, and commitment, required to maintain the league's standards.
While the specific financial terms of the sale were not disclosed in the announcement, the transfer represents a significant investment in the regional sports economy. The Colts remain a central fixture of the Barrie community, and the transition to Careri's ownership is expected to maintain the team's presence in the city [3].
League officials said the sale was confirmed after reviewing the application and the credentials of the new owner. The approval allows Careri to take immediate control of the team's administrative and operational functions as the club prepares for its upcoming schedule.
“The Ontario Hockey League approved the sale of the Barrie Colts hockey club to John Careri.”
The acquisition of the Barrie Colts by a high-level executive from JONVIC Capital suggests a shift toward more corporate-style management for the franchise. By installing a Toronto-area businessman with a background in capital management, the OHL is prioritizing financial stability and professionalized ownership to ensure the long-term viability of the team in the Barrie market.
