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Jun 20, 2022 · In fact, Vinik, because he was in Denver, decided to skip last Thursday’s Board of Governors meeting in New York between Games 1 and 2 of the Final. “I’m worried they’ll unanimously vote in a...
May 2, 2018 · BOSTON — Jeff Vinik not only owns the Lightning, he’s the driving force behind a $3 billion makeover of downtown Tampa. The 59-year-old holds interests in an eSports gaming and film production...
- Tough Times in Tampa
- Vinik’s Next Chapter
- Investing in The Community
While Vinik was enjoying success in the financial industry, the Lightning franchise was flirting with bankruptcy and potential relocation. By 2009, the organization was losing tens of millions of dollars, had one of the lowest season ticket bases in the NHL (4,500 season ticket holders) and played in a facility that needed significant upgrades. The...
In 2008, Vinik began to ponder the next chapter of his life and what that would look like. He had already built a fortune through his wildly successful multi-billion dollar hedge fund and could easily fly into retirement on his private jet, but there was something missing. He needed a new challenge and he wanted to make a difference. After some dee...
Now that he had hired the right people and provided them with the resources to rebuild the struggling franchise, Vinik shifted his focus and energy into how the organization could have a positive impact in the Tampa community. He jumped in with both feet, and relocated his family from Boston to the Sunshine State so that they could be entwined into...
Mar 3, 2020 · The next day, Vinik googled “How to buy a pro sports team,” and found some prescient (and perhaps obvious) advice: “It was, ‘Be rich and know people,’” Vinik says now, laughing.
Two-time Stanley Cup champion. Jeffrey N. Vinik (born March 22, 1959) is an American investor and sports team owner. He worked at Fidelity Investments and managed a private hedge fund, and is the current owner of the Tampa Bay Lightning and a minority owner of the Boston Red Sox. [1]
Jun 22, 2015 · It’s there where he learned the importance of strong leadership and ownership in sports, and how that could lead to success all around. Still, this would be his team to lead. The stakes, literally, would be higher. So the next morning, Vinik woke up and bought numerous textbooks on sports business.
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Jan 20, 2018 · Vinik convinced former Tampa Bay GM Jay Feaster, who helped build their 2004 Stanley Cup championship team, to return to the Lightning as the executive director of community hockey development ...