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Oct 24, 2024 · Since his $170 million purchase, the Lightning have become a premier NHL franchise. Over this time, the Bolts’ crowning achievement was their back-to-back Stanley Cup wins in 2020 and 2021 — an achievement matched only once in the 21st century.
Mar 5, 2019 · Vinik ensconced himself in Tampa, brought in Steve Yzerman to run his hockey operation in May 2010, and has started rebuilding the dilapidated area that surrounds the Lightning's Amalie Arena...
- 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...
Jun 20, 2022 · TAMPA, Fla. — Let’s be honest: There are 31 NHL teams out there with owners who have every right to be envious — even jealous — of what Jeff Vinik has accomplished in his 12 years of owning the...
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.
Jan 26, 2018 · Vinik isn’t just an absentee owner who hired smart people to rejuvenate a hockey team. He is sparking a rejuvenation of an entire metro area. And he’s infusing hockey in its DNA while doing so.
People also ask
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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]
