User of the Tampa Bay Lightning, Jeff Vinik, addressed the team just before a night glide earlier this slide. However, it was n’t to praise or congratulate the Lightning on a successful project like he’s done before. It was to ensure a rush of media reviews: he was selling the group.
The former hedge fund manager was joined by two Wall Street investors, Doug Ostrover and Marc Lipschultz—who are buying just over 50 % of the franchise at a valuation of$ 1.8 billion. The co-CEOs of asset manager Blue Owl Capital made a brief introduction and assured the players that despite the pending power transfer, the business will continue to function at a top-level level. Vinik, who bought the team for$ 93 million in 2010 as part of a dearest deal involving other properties, you wander away after building the company into a persistent NHL candidate, winning back-to-back Stanley Cups in 2020 and 2021.

In an exam, defenders and other commander Ryan McDonagh said,” He did a great job of listening and hiring the right people.” He may say that he has won a Cup today and has likely accomplished his objectives as an owner. He argued that moving forward was the right choice, but he has made it clear that possession will not actually change much. … It will continue to be one of the best sites to play.
Before the two professionals and their coming rights group take command, Vinik will serve as the team’s government for the next three decades. The well-known native charity, who will later serve as the Lightning’s option government and a majority partner, recently made headlines for his farewell present: He’s divvying up about$ 20 million in prizes between every full-time employee of Vinik Sports Group, which in total is around 300. The team has attracted proper investors like Arctos Partners, who have helped the company become one of the team’s most elite businesses both on and off the snow.
McDonagh continued,” He is n’t around a lot, but he always said he wanted to hire the right people to take charge and lead the team and draft players.” He “wanted to understand what it takes and what the players like at the game club and training facility.” It was the whole deal”.
It marks an end of an era that included 11 postseason appearances in 14 months. McDonagh, who played for both Stanley Cup teams for the first time, will enjoy the wonderful playoff runs, which included Vinik’s custom of welcoming the group in the locker room with his home each period it advanced to the next round of the playoffs. or visiting Vinik’s home for Stanley Cup circle party.

” We had a few great night”, he said. After the Cup rally, banner increasing, and all that, it was the final little bit of fun. The jewels are undoubtedly a treasure to keep forever in your life.
Given the Lightning’s value of playing services, domestic society, and the tight-knit, solid sports community that Tampa has developed over the years, McDonagh, who has also played for the Nashville Predators and New York Rangers, said they are among the best NHL teams to play for. He spoke with Sportico to raise awareness of the value of getting checked by doctors and understanding the risk factors for cancer.
The two-time champion made the observation that, in some cases, teams led by multiple controlling owners struggle to make wise decisions that benefit the team, whether it be regarding personnel or infrastructure. The former No. 12 overall draft pick, though, does n’t feel like that will be the case with Lipschultz and Ostrover as they are set to take over as the top decision-makers alongside limited partners.
” They all seem to be speaking the same language. There’s not too many heads at the table”, said McDonagh.
Vinik, 65, already reassured the team that the two have the same mindset as himself and that things wo n’t change within day-to-day operations.
” I’m sure we’ll see them more, maybe the start of next season and going forward”, McDonagh added. They appear to be great people with ambitions comparable to those of Mr. Vinik, who also has great ambitions.