> Lightning owner Jeff Vinik reportedly in talks to sell team's majority stake
Lightning owner Jeff Vinik reportedly in talks to sell team's majority stake
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Tampa Bay Lightning owner Jeff Vinik is working to sell his majority stake in the team, according to multiple reports.
The potential deal, which isn't finalized, is said to be $2 billion, according to Sportsnet. The outlet was the first to report the news. Later on Tuesday, the Tampa Bay Times said it received a statement from Vinik confirming the "discussions."
“I can confirm that we are in discussions to further expand our ownership group of the Tampa Bay Lightning,” Vinik reportedly said in a statement to the Times. “There will be no change in the day-to-day operations of the Lightning and Vinik Sports Group. I am very excited about what is to come for the organization and we look forward to sharing more when the time is right.”
Sportsnet reported that co-founder and CEO of investment firm Blue Owl Capital, Doug Ostrover is believed to be the buyer.