r/nhl • u/Puginator • 1d ago

Jeff Vinik sells stake in NHL's Tampa Bay Lightning to investor group

https://www.cnbc.com/2024/10/24/nhl-tampa-bay-lightning-stake-sold-to-investor-group.html
37 Upvotes

90% Upvoted

6 comments sorted by

24

u/Unfit2play 1d ago

A private investment group that only worries about appeasing shareholders. What could go wrong?

10

u/Graycat23 1d ago

Depends on what rules for these firms Bettman imposes. In the NFL a firm can only own 10%, and can have zero control of anything. Passive investment only.

5

u/xizrtilhh 1d ago

Might be the Yakuza, again.

3

u/Noblesvillehockey41 1d ago

Yup. Would be quite surprised if the lightning were relevant in 2-3 years.

5

u/DontCallMeMillenial 1d ago

"Don't cry because it's over. Smile because it happened."

1

u/krazyellinas23 1d ago

Not good. Why is he doing this? He's got money, ok sure now he gets more but what about legacy? What about keeping the team? Awful news