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1. • • Vinik: “I was looking to sell another minority piece, bring in new ideas. But the only way to get these guys was to set up at least a path to a majority piece." Vinik said that this move is “about longevity as he seeks to 'simplify' his work with the Lightning and in Tampa Bay."
     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

   Does Jeff Vinik still own the Tampa Bay Lightning?

   • Tampa Bay Lightning owner Jeff Vinik confirmed Tuesday that he is in discussions to sell his majority stake in the hockey team and Vinik Sports Group, but will retain daily control for the next few years. The multistage process will value the Lightning at nearly $2 billion, and Vinik will still hold a significant ownership stake.

   Vinik will sell majority ownership in Lightning. The team value will

   www.wusf.org/sports/2024-08-14/jeff-vinik-talks-sell-ownership-stake-tampa-bay-lightning

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   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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   When did Vinik buy the Lightning?

   • What followed were months of research and twists and turns before Vinik eventually bought the Lightning on March 3, 2010, for a reported $110 million.

   ‘Be rich and know people’: How savior Jeff Vinik bought the Tampa Bay

   www.nytimes.com/athletic/1649058/2020/03/03/be-rich-and-know-people-how-savior-jeff-vinik-bought-the-tampa-bay-lightning/

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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

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. In addition, his Vinik Family Foundation has donated over $75 million to local nonprofits.

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

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

   • Vinik will sell majority ownership in Lightning. The team ...

     Vinik, who purchased the Lightning in 2010 for a reported...

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

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     9:48

     wtsp.com

     Meet Jeff Vinik: The Tampa Bay Lightning's owner for more than a decade

     28 Jun 2021

   View all

7. www.nytimes.com › athletic › 1649058‘Be rich and know people’: How savior Jeff Vinik bought the ...

   www.nytimes.com › athletic › 1649058

   Mar 3, 2020 · TAMPA, Fla. — It was a Christmas pop concert that changed Jeff Vinik’s life and, eventually, the fortunes of the Tampa Bay Lightning. Vinik, 60, was with his family at a show in...

8. www.wusf.org › sports › 2024/08/14Vinik will sell majority ownership in Lightning. The team ...

   www.wusf.org › sports › 2024/08/14

   • Cached

   Aug 14, 2024 · Vinik, who purchased the Lightning in 2010 for a reported $170 million, turned the team 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. The sale must be approved by NHL owners.

   • Author: Rick Mayer

9. www.sportspromedia.com › news › tampa-bay-lightningJeff Vinik sells majority stake in Tampa Bay Lightning at ‘US ...

   www.sportspromedia.com › news › tampa-bay-lightning

   • Cached

   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...

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

    www.nbcsandiego.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 ...