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- The previous ownership, led by Oren Koules and Len Barrie, had drafted two cornerstone players in Steven Stamkos and Victor Hedman but struggled financially as the area was hit hard by a major recession. In came Vinik, whom Lightning founder Phil Esposito labeled, “the best thing to happen to this franchise.” “He was the savior,” Bettman said.
www.nytimes.com/athletic/1649058/2020/03/03/be-rich-and-know-people-how-savior-jeff-vinik-bought-the-tampa-bay-lightning/‘Be rich and know people’: How savior Jeff Vinik bought the ...
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17 hours ago · Lightning. How the Lightning majority-share sale came together. Jeff Vinik’s vision for the future, and instant chemistry with new owners Doug Ostrover and Marc Lipschultz, made the timing right ...
Oct 24, 2024 · Vinik paid $170 million for a Lightning team in financial shambles in 2010 and turned it into a perennial NHL contender. Under his ownership, Tampa Bay has made four Stanley Cup Final appearances and won back-to-back championships in 2020 and 2021.
Mar 3, 2020 · The sale would go through March 3, 2010, for a reported price of $110 million. Owner Jeff Vinik, left, chats with Tampa Mayor Bob Buckhorn before Game 1 of the Stanley Cup final series between...
5 days ago · The first time Jeff Vinik sat down with Doug Ostrover, he wasn't looking to sell majority ownership of the Tampa Bay Lightning. Ostrover, co-CEO of a New York private equity firm, had been looking ...
Oct 25, 2024 · TAMPA, Fla. (AP) — Tampa Bay Lightning owner Jeff Vinik announced Thursday that he has sold a majority stake of the NHL team but will retain control of the franchise for the next three years. The team said the sale for an undisclosed price to a group of investors led by Doug Ostrover and Marc Lipschultz was approved by the NHL board of governors on Oct. 1.
Oct 24, 2024 · TAMPA — Jeff Vinik has sold a majority interest of the Tampa Bay Lightning, along with his Vinik Sports Group, to a pair of Wall Street investors and their partners.
Oct 24, 2024 · Lightning owner Jeff Vinik has "sold a portion" of the team to a new investment group -- but "will retain full control of the Bolts for the next three years,” according to Ashley Kritzer of the TAMPA BAY BUSINESS JOURNAL. Vinik Sports Group said today that N.Y.-based private equity firm Blue Owl Capital co-CEOs Doug Ostrover and Marc ...