Vinik, who bought the team in 2010, still will own a piece of the Lightning and continue to run things until late 2027.

Jeff Vinik sold a portion of the NHL's Tampa Bay Lightning to a group of investors led by Doug Ostrover and Marc Lipschultz, both of Blue Owl Capital.

The Tampa Bay Lightning's chairman Jeff Vinik sold a portion of the team to a group including Doug Ostrover and Marc Lipschultz.

Tampa Bay Lightning owner Jeff Vinik has sold a portion of the hockey club to a new investment group but will retain full control for the next three years.

Jeff Vinik has sold his controlling stake in the Lightning but will continue to lead the organization for the next three years, the team announced Thursday. Why it matters: The Lightning have been among the NHL's top franchises in Vinik's 14 years as owner,

The Tampa Bay Lightning have announced the sale of a portion of the club on Thursday to an invesor group led by Doug Ostrover and Marc Lipschultz of Blue Owl Capital.