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Jeff Vinik sells majority stake in Lightning, but is sticking around
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. Vinik, who has been widely praised for his philanthropy around Tampa Bay and willingness to spend freely to keep the Lightning atop the standings,
Vinik completes sale of Lightning's majority ownership to Wall Street billionaires
Jeff Vinik says new owners Doug Ostrover and Marc Lipschultz will maintain the team's winning legacy for "generations." Vinik will still run the show for three years and remain an active minority owner after that.
Tampa Bay Lightning Chairman Jeff Vinik Sells Stake to New Co-Owners with Continuation Plans in Place
The Tampa Bay Lightning's chairman Jeff Vinik sold a portion of the team to a group including Doug Ostrover and Marc Lipschultz.
Jeff Vinik sells stake in NHL's Tampa Bay Lightning to investor group
Jeff Vinik has sold an ownership stake in the NHL's Tampa Bay Lightning to a group of investors led by Doug Ostrover and
Marc
Lipschultz
, both of asset manager Blue Owl Capital. Vinik will remain in control of the team and serve as the Lightning's governor ...
Vinik sells ownership shares of Tampa Bay Lightning
The sale of the Lightning comes just over a year after Vinik exited Strategic Property Partners, the developer of Water Street Tampa, by selling his share of the firm to Kirkland, Washington-based Cascade Investment LLC. Cascade is Microsoft co-founder Bill Gates' investment fund and was Vinik's partner from the inception of SPP in 2014.
Jeff Vinik sells part of Lightning stake, keeps control for three years
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.
A new era for the Lightning: Jeff Vinik sells majority stake
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,
Jeff Vinik no longer majority owner of Lightning
The NHL’s Board of Governors approved a partial sale of the Lightning from majority owner Jeff Vinik to a group of investors led by Doug Ostrover and Marc Lipschultz.
11h
on MSN
First impressions of the Lightning’s new owners from Wall Street
The Lightning are not their first venture into professional sports. Both Ostrover and Lipschultz are minority investors in ...
Hosted on MSN
10h
NHL's Lightning Sold for $1.8B, Vinik Retains Control
The Tampa Bay Lightning sold a stake in the NHL club to a group of investors led by Doug Ostrover and Marc Lipschultz, the ...
7h
Tampa Bay Lightning Announce Sale to New Ownership Group and Reveal 3-Year Plan
The Tampa Bay Lightning announced Thursday that owner Jeff Vinik has sold a stake in the franchise to a group of investors led by Doug Ostrover and ...
National Hockey League
8h
Jeff Vinik announces expansion of Tampa Bay Lightning ownership group
TAMPA BAY – Tampa Bay Lightning Chairman & Governor Jeff Vinik and Vinik Sports Group today announced the sale of a portion ...
8h
Blue Owl Tycoons Set to Take Over NHL’s Tampa Bay Lightning
Doug Ostrover and Marc Lipschultz, the co-heads of private credit behemoth Blue Owl Capital Inc., will be taking over the ...
WTSP
11h
Tampa Bay Lightning owner announces sale of portion of NHL team
Tampa Bay Lightning owner Jeff Vinik announced the sale of a portion of the Tampa Bay Lightning and Vinik Sports Group to a ...
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Tampa Bay Lightning
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Jeff Vinik
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NHL
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