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1. • • Vinik said that this move is “about longevity as he seeks to 'simplify' his work with the Lightning and in Tampa Bay." He said the sale is “about continuity and improvement,” as Ostrover and Lipschultz are the “guys that can keep it going.”
     www.sportsbusinessjournal.com/Articles/2024/10/28/tampa-bay-lightning-ownership-changes

     New Lightning owners say no changes planned for franchise

2. People also ask

   Who owns the Tampa Bay Lightning?

   • Jeff Vinik is still running the show at the Tampa Bay Lightning, but the team has a new majority owner. The NHL Board of Governors on Tuesday approved the transfer of controlling interest in Vinik Sports Group, the company that owns the team, to a group led by billionaire investment manager Doug Ostrover.

   Jeff Vinik's sale of Lightning majority ownership to Doug Ostrover gets

   www.wusf.org/sports/2024-10-03/jeff-viniks-sale-of-lightning-majority-ownership-to-doug-ostrover-gets-the-nhls-ok

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   How much does Jeff Vinik own the Lightning?

   • Jeff Vinik has said he will maintain a significant ownership stake in the Lightning. At completion, the team’s value will be about $1.8 billion, according to Canadian sports network Sportsnet. That’s about double the current NHL standard of $950 million, paid by Michael Andlauer for the Ottawa Senators in 2023.

   Jeff Vinik's sale of Lightning majority ownership to Doug Ostrover gets

   www.wusf.org/sports/2024-10-03/jeff-viniks-sale-of-lightning-majority-ownership-to-doug-ostrover-gets-the-nhls-ok

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   Who owns the Lightning?

   • Ostrover and Lipschultz joined Vinik and private equity firm Arctos as Lightning owners on Oct. 24. Vinik will remain governor of the Lightning for the next three years, and there will be no day-to-day changes in operations.

   How Jeff Vinik struck a deal to sell the Tampa Bay Lightning

   www.bizjournals.com/tampabay/news/2024/10/28/doug-ostrover-marc-lipschultz-tampa-bay-lightning.html

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   What happened to Vinik Sports Group?

   • Under his ownership, Tampa Bay has made four Stanley Cup Final appearances and won back-to-back championships in 2020 and 2021. In 2022, Vinik sold a minority share of Vinik Sports Group to private equity firm Arctos Sports Partners.

   Jeff Vinik's sale of Lightning majority ownership to Doug Ostrover gets

   www.wusf.org/sports/2024-10-03/jeff-viniks-sale-of-lightning-majority-ownership-to-doug-ostrover-gets-the-nhls-ok

   See all results for this question

   Who owns Vinik Sports Group?

   • In 2022, Vinik sold a minority share of Vinik Sports Group to private equity firm Arctos Sports Partners. Beyond the Lightning, Vinik Sports Group assets include the lease on Amalie Arena, which is owned by Hillsborough County. Vinik has invested more than $100 million worth of renovations to the facility over the past decade.

   Jeff Vinik's sale of Lightning majority ownership to Doug Ostrover gets

   www.wusf.org/sports/2024-10-03/jeff-viniks-sale-of-lightning-majority-ownership-to-doug-ostrover-gets-the-nhls-ok

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   Will Vinik leave Tampa?

   • (He lost out on one in The Tampa Edition, the boutique hotel-condo in Water Street, and the search continues.) "We're going to have a major presence in the community," Ostrover said. Vinik, whose purchase of a Colorado mansion made national news in 2023, said he has no plans to leave Tampa.

   How Jeff Vinik struck a deal to sell the Tampa Bay Lightning

   www.bizjournals.com/tampabay/news/2024/10/28/doug-ostrover-marc-lipschultz-tampa-bay-lightning.html

   See all results for this question

3. www.wusf.org › sports › 2024/10/24Vinik completes sale of Lightning's majority ownership to ...

   www.wusf.org › sports › 2024/10/24

   • Cached

   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.

   • Jeff Vinik's sale of Lightning majority ownership to Doug ...

     Jeff Vinik is still running the show at the Tampa Bay...

4. www.bizjournals.com › tampabay › newsHow Jeff Vinik struck a deal to sell the Tampa Bay Lightning

   www.bizjournals.com › tampabay › news

   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 ...

5. www.wusf.org › sports › 2024/10/03Jeff Vinik's sale of Lightning majority ownership to Doug ...

   www.wusf.org › sports › 2024/10/03

   • Cached

   Oct 3, 2024 · Jeff Vinik is still running the show at the Tampa Bay Lightning, but the team has a new majority owner. The NHL Board of Governors on Tuesday approved the transfer of controlling interest in Vinik Sports Group, the company that owns the team, to a group led by billionaire investment manager Doug Ostrover.

   • Author: Rick Mayer

6. Videos

   • 

     1:46

     youtube.com

     Water Street Tampa $3 Billion Project Narrated by Jeff Vinik, Chairman/Governor Tampa Bay Lightning

     12 Feb 2019

     10.6K views

   • 

     4:20

     youtube.com

     1-on-1 with Jeff Vinik

     10 Mar 2020

     835 views

   • 

     2:57

     bloomberg.com

     Why Lightning Owner Jeff Vinik Is Betting on E-Sports

     15 Jun 2017

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7. www.nhl.com › lightning › newsJeff Vinik announces expansion of Tampa Bay Lightning ...

   www.nhl.com › lightning › news

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   Oct 24, 2024 · TAMPA BAY – Tampa Bay Lightning Chairman & Governor Jeff Vinik and Vinik Sports Group today announced the sale of a portion of the Tampa Bay Lightning and Vinik Sports Group...

8. www.tampabay.com › news › businessJeff Vinik sells majority stake in Lightning, but is sticking ...

   www.tampabay.com › news › business

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   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.

9. www.sportsbusinessjournal.com › Articles › 2024Jeff Vinik sells part of Tampa Bay Lightning stake, keeps ...

   www.sportsbusinessjournal.com › Articles › 2024

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   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.

10. www.nbcwashington.com › news › businessJeff Vinik sells stake in NHL's Tampa Bay Lightning to ...

    www.nbcwashington.com › news › business

    • Cached

    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 ...