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Jeff Vinik sells majority stake in Lightning
Lightning owner Jeff Vinik sells majority stake in NHL team, but will remain in control for 3 years
Tampa Bay Lightning owner Jeff Vinik announced he has sold a majority stake of the NHL team but will retain control of the franchise for the next three years.
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 announces expansion of Tampa Bay Lightning ownership group
In addition to Doug Ostrover and Marc Lipschultz, the new Tampa Bay Lightning ownership group includes Adam Gerry, Nicole Sanzosti Padgett, Brian Schwartz, Perry Sook, Scott Dahnke, Pete Labbat, Daniel Och, David Moore and Bill Janetschek.
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 majority stake in Tampa Bay Lightning at ‘US$1.8bn valuation’
Tampa Bay Lightning owner Jeff Vinik has sold a majority stake of the National Hockey League (NHL) franchise to an investor group led by Doug Ostrover and Marc Lipschultz.
Lightning owner giving employees $20M in bonuses after selling majority stake in team
Tampa Bay Lightning owner Jeff Vinik is paying out approximately $20M in bonuses to the organization’s more than 300 employees after selling a a majority of his equity in the team.
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 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.
Jeff Vinik hands out $20M in rewards to employees after Tampa Bay Lightning stake sale
The Tampa Bay Lightning's employees received $20 million in bonuses after a majority stake in the franchise was sold. The team is currently worth $1.8 billion, which is a big jump from $1.
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.
1d
on MSN
Sale of the Lightning will mean a $20 million boon for team employees
Every full-time employee of Vinik Sports Group, about 300 in total, would share in a $20 million pool of bonuses. The minimum ...
Dose on MSN
14h
Lightning owner offers $50,000 bonus (minimum) to employees
Earlier this week,
Lightning
owner
Jeff
Vinik
sold a majority stake in the franchise to a pair of fund managers from an ...
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