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Oct 24, 2024 · The NHL’s Board of Governors approved a partial sale of the Lightning from majority owner Jeff Vinik to a group of investors led by Doug Ostrover and Marc Lipschultz, the team announced today.
Oct 24, 2024 · Despite Hurricane Milton complicating the beginning of the Tampa Bay Lightning's 2024-25 NHL season, Jeff Vinik, who bought the team for $93 million in 2010, is officially parting ways with over ...
Oct 25, 2024 · Vinik bought the Lightning in 2010 for US$170 million. Under his ownership, the franchise won back-to-back Stanley Cups in 2020 and 2021, and have qualified for the playoffs 11 times in 14 seasons.
Oct 25, 2024 · Since Vinik took control of the team in 2010, the Lightning have made the playoffs 11 times in 14 seasons and won two Stanley Cup titles. “We have focused on building the Lightning into a world-class organization, and now we’ve found world-class partners who share in our mission of being a community-first organization,” Vinik said.
Oct 24, 2024 · The Tampa Bay Lightning's ownership group is expanding. Vinik Sports Group, run by titan investor Jeff Vinik, is selling a portion of the National Hockey League team to a group of investors led by ...
Oct 24, 2024 · According to the team, Vinnik will remain an ownership partner as an alternate governor and Vinik Sports Group board member. According to Kurt Badenhausen of Sportico , Ostrover and Lipschultz are buying over 50 percent of the franchise, with the valuation sitting at $1.8 billion.
Oct 24, 2024 · The NHL's Board of Governors officially approved Ostrover and Lipschultz buying a portion of the team on Oct. 1, and they will become part of the Lightning's ownership group effective...