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      • In three years, control will transfer to Ostrover and Lipschultz. Vinik will then remain an active ownership partner as an Alternate Governor and Vinik Sports Group board member. There will be no change in the day-to-day operations of the Lightning and Vinik Sports Group as a result of this agreement.
      www.nhl.com/lightning/news/jeff-vinik-announces-expansion-of-tampa-bay-lightning-ownership-group

      Jeff Vinik announces expansion of Tampa Bay Lightning ...

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

    Oct 24, 2024 · As expected, Vinik will run the team and act as governor for the next three years. After that, control will go to Ostrover and Lipschultz, and Vinik will remain an active partner as an alternate governor and board member. The sale includes a slice of the team owned by Arctos Sports Partners, which bought into the Lightning in 2023. Arctos, a ...

  4. www.dailyfaceoff.com › news › lightning-owner-jeffLightning owner Jeff Vinik sells stake to investor group ...

    Oct 24, 2024 · As part of the deal, Jeff Vinik will retain full control of the team for the next three years before being transferred over to Ostrover and Lipschultz. According to the team, Vinnik will remain an ownership partner as an alternate governor and Vinik Sports Group board member.

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

    Oct 24, 2024 · In three years, control will transfer to Ostrover and Lipschultz. Vinik will then remain an active ownership partner as an Alternate Governor and Vinik Sports Group board member.

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

    5 days ago · On Monday, the expanded ownership group of the Lightning, which includes Ostrover and Lipschultz, gave $1 million to ongoing hurricane relief efforts. Between Vinik, the Lightning Foundation and ...

  8. www.nytimes.com › athletic › 5699409/2024/08Lightning in discussions to expand ownership group, no change ...

    Aug 13, 2024 · Lightning owner Jeff Vinik confirmed Tuesday he’s in discussions to expand the ownership group, but reiterated there will be no change in the day-to-day operations of the club. According to a...

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

    Oct 24, 2024 · Vinik Sports Group said today that N.Y.-based private equity firm Blue Owl Capital co-CEOs Doug Ostrover and Marc Lipschultz will join Vinik and private equity firm Arctos Partners as owners. Arctos is also "selling a portion" of its ownership stake in the team and will remain a minority partner alongside Vinik, who will remain governor of the club for the next three years.

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

    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.

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