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Jeff Vinik sells majority stake in Lightning
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,
Jeff Vinik sells stake in Lightning, will retain control
Tampa Bay Lightning owner Jeff Vinik announced Thursday that he has sold a majority stake of the NHL team but will retain control of the franchise for the next three years.
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.
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.
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.
Lightning owner sells majority stake, will hand over control in 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, including back-to-back Stanley Cups in 2020 and 2021.
Vinik completes anticipated sale of shares of Tampa Bay Lightning
The owner of the city’s National Hockey League team has sold a portion of the team and plans to run it day-to-day for the next few years.
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 sells stake in NHL's Tampa Bay Lightning to investor group
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.
National Hockey League
12h
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 ...
AOL
19h
Vinik sells portion of Tampa Bay Lightning
TAMPA, Fla. - A group of investors now owns a portion of the Tampa Bay Lightning. On Thursday, Tampa Bay Lightning Chairman & ...
TSN
14h
Lightning announce partial sale, Vinik to keep full control for three years
Lightning chairman and governor Jeff
Vinik
will retain full control of the team for the next three years. After that, ...
WTSP
15h
Tampa Bay Lightning owner announces sale of portion of NHL team
TAMPA, Fla. — Tampa Bay Lightning owner Jeff
Vinik
announced the sale of a portion of the Tampa Bay Lightning and
Vinik
...
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Tampa Bay Lightning
NHL
Doug Ostrover
Marc Lipschultz
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