Report: Fenway Sports Group LLC Looking To Purchase The Pittsburgh Penguins


The Fenway Sports Group LLC, the owners of the Boston Red Sox, are reportedly in advanced talks with the Pittsburgh Penguins about purchasing the organization. The Penguins are currently owned by Hockey Hall Of Famer Mario Lemieux and Investor Ron Burkle, who purchased the franchise during bankruptcy in 1999.

Fenway Sports Group LLC is controlled by investor John Henry. They currently own the Liverpool Football Club, a piece of a Nascar team, and the Boston Red Sox and are looking to expand its portfolio. The reported deal could happen as early as the end of the week. 

What could this mean for the Penguins organization? 

There will probably be little to no change within the organization to being with or in years to come. The Penguins most significant method to winning the Stanley Cup has been acquiring and signing high profile players to play there their entire career, which has led to two sets of back-to-back cups in 1991-1992 and 2017-2018, which has made the penguins become one of the most iconic expansion franchises, with them making appearances in pop culture and many other places.


It is now reported that if the purchase happened, Mario Lemieux would stay a part of things, still TBD on Ron Burkle. The NHL has a rule preventing new owners from relocating the franchise for seven years after the purchase, meaning Pittsburgh can’t be relocated for seven more years if that’s the plan. 

Leave a Reply

Your email address will not be published.

Breaking: Red Wings Roster Update

After practice this morning, the Detroit Red Wings trimmed their roster from 69 to 60 players. The Red Wings will now have 34 forwards, 20 defensemen, and six goaltenders available to start the preseason schedule. Of the 60 players, 49 were acquired through the draft, trades, or free agency. These players are expected to make […]

Read More

Five Predictions For The Oil In The 2022-23 Season

Every off-season, there is always that very dull spot. The excitement of free agency is gone, trade rumors go quiet, the teams are set, and that’s where we are right now. Thankfully, we are about to be out of that. As training camp is starting up and pre-season games are up and running, opening night […]

Read More

Have The Adirondack Thunder Solved Their Goaltending Problem?

The goaltending situation in Adirondack has always been a question coming into each season. However, this season’s situation seems a lot more promising, at least for now. Looking at the Devil’s organization, they want to have more depth at the goaltending position. With that, they want to have three goaltenders at all three levels, which […]

Read More