1st impressions of Lightning’s new owners from Wall Street

First impressions of the Lightning’s new owners from Wall Street
The Lightning are not their first venture into professional sports. Ostrover and Lipschultz are minority investors in the NFL’s Washington Commanders, and a division of Blue Owl has ownership stakes in the NBA’s Minnesota Timberwolves, Atlanta Hawks and Sacramento Kings.
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 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.
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 reveal new ownership plan
The Tampa Bay Lightning are making some changes in the control room, with a portion of the franchise being sold to a group of investors led by Doug Ostrover and Marc Lipschultz, the team announced on Thursday.
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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 ...
Tampa Bay Lightning Ownership Changes Hands In $2 Billion Deal
Vinik Sports Group, led by Jeff Vinik, sells a portion of its stake in the Tampa Bay Lightning to investors Doug Ostrover and Marc Lipschultz. Though the terms were not disclosed, previous reports ...
Lightning owner Jeff Vinik sells majority stake in NHL team, but will remain in control for 3 years
TAMPA, Fla. (AP) — Tampa Bay Lightning owner Jeff Vinik announced Thursday that he has sold a majority stake of the NHL team ...
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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 ...
Hoodline1d
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 ...
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 ...
National Hockey League1d
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 ...
Lightning announce partial sale, Vinik to keep full control for three years
The Tampa Bay Lightning announced the sale of a portion of the franchise Thursday to a group of investors led by Doug ...