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,
Every Tampa Bay Lightning employee will receive a bonus after Jeff Vinik's sale
Full-time employees of the Tampa Bay Lighting will receive massive bonuses following Jeff Vinik’s sale of his majority stake in the team.
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.
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.
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 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.
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.
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.
Lightning owner Jeff Vinik to keep full control of team after selling stake to investor group
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.
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 ...
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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 ...