A bombshell report has surfaced in the NHL world on Tuesday and it involves the Pittsburgh Penguins.
According to the Wall Street Journal, the Penguins are in talks to have the team sold to the Fenway Sports Group. They currently own the Boston Red Sox and the Liverpool soccer team in the English Premier League.
Mario Lemieux and Ron Burkle have owned the Penguins since 1999 and have overseen the franchise win three Stanley Cups during that time. The Penguins also own the NHL’s longest current active playoff streak at 15 straight years.
Lemieux and Burkle bought the team when the value was severely low on them (they were in bankruptcy) and the sale could potentially eclipse $850M if it goes through.
Fenway Sports Group, the company that owns the Boston Red Sox, may complete a deal this week to buy the Pittsburgh Penguins, @WSJ reports.
The Pens have been owned by Ron Burkle and Mario Lemieux since 1999.https://t.co/ITUpjzsBcB— Rick Westhead (@rwesthead) November 16, 2021
After this report came out, the hockey world had a lot of reactions and most of them would be on the “surprise” side, but also some who are thankful for what Lemieux and Burkle did for the team.
Good for Mario and Burkle if they cash aht. They did a HELL of a job and deserve whatever direction they want to go in. https://t.co/IEQMYtR6Gr
— Mikey (@fsmikey) November 16, 2021
The Red Sox, Liverpool and the Penguins isn’t a bad portfolio! https://t.co/VkvHZJcIkz
— Justin Emerson (@J15Emerson) November 16, 2021
I beg your pardon???!!! https://t.co/iyvGZ4kuII
— Alex Kocinski (@AlexKocinski) November 16, 2021
Wow. Massive news involving a potential change in ownership of the Pittsburgh Penguins. https://t.co/4yQSMIKPUP
— Josh Rowntree (@JRown32) November 16, 2021
Well, then.
This is something. https://t.co/9AFsnQ0xnY
— Chris Mack (@THEChrisMack) November 16, 2021
Looking forward to the Boston Pittsburgh Penguins suiting up in a couple of seasons https://t.co/g0UIQ4JSgS
— Mary Clarke (@marycclarke) November 16, 2021
LeBron about to be a Pens owner?!?! https://t.co/OFrlsEEEDU
— Christopher Carter (@CarterCritiques) November 16, 2021
Well, then. Didn’t think they were looking to get out of the game. https://t.co/oXZ25VwZYv
— Matt Gajtka (GITE-kah) (@MattGajtka) November 16, 2021
If the sale gets completed, it could be announced by the end of the week, per the article.
The Pittsburgh Penguins hockey team is in talks to be sold to Fenway Sports Group, owner of the Boston Red Sox, people familiar with the matter say https://t.co/F3zAMAclEj
— The Wall Street Journal (@WSJ) November 16, 2021
The Penguins are currently 5-5-4 and seventh in the Metropolitan Division.
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