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- Vinik, who has been widely praised for his philanthropy around Tampa Bay and willingness to spend freely to keep the Lightning atop the standings, has retained a minority share of the franchise and will run the team for the next three years while continuing to serve as the team’s governor in NHL matters.
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Oct 24, 2024 · With the mission of ensuring “lasting success,” Jeff Vinik’s sale of majority ownership in the Tampa Bay Lightning was made official Thursday. Vinik confirmed that a group of investors led by self-made Wall Street billionaires Doug Ostrover and Marc Lipschultz purchased a controlling portion of the team and the Vinik Sports Group that ...
- Vinik will sell majority ownership in Lightning. The team ...
Tampa Bay Lightning owner Jeff Vinik confirmed Tuesday that...
- Vinik will sell majority ownership in Lightning. The team ...
Oct 24, 2024 · October 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...
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 14 seasons.
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 24, 2024 · Jeff Vinik sells part of Lightning stake, keeps control for three years. 10.24.2024. There will be "no changes in day-to-day operations" following the Lightning sale Getty Images. 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 ...
Aug 14, 2024 · 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.
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.