Lightning Being Sold To Red Sox Minority Owner?

| Jan 28, 2010 | Comments 4

According to TSN the NHL is currently brokering the sale of the Tampa Bay Lightning as well as the land around the St. Pete Times Forum from OK Hockey to Boston hedge fund manager Jeffrey Vinik for $170 million.

Vinik is 50 years old and is a partner in the Boston Red Sox ownership group. His net worth is estimated at $500 million.

Speculation inside the Lightning organization is that Vinik’s first order of business would be to drastically cut payroll. This will certainly fuel the “Trade Vinny” rumor mill once again.

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Filed Under: Featured • Featured Rumors • NHL Teams • Tampa Bay Lightning

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About the Author: WB Philp is a published hockey writer who has a built in disdain for Barry Melrose. He covered the Detroit sports teams for many years until he came to his senses and moved to the Sunshine State. He is a true puckhead on a mission from God (Gordie Howe) to make hockey relevant in the south. He lives in Hockey Bay USA and covers the Lightning full time. Did I mention he hates Barry Melrose?

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  1. MJS says:
    January 29, 2010 at 12:35 am

    It would suck for Bolts fans if someone came in and summarily cut salary, but it could give the team a fresh start. In any case, at least they would get to keep their team, and Jim Balsillie would still be right where he should be… Far far away from ownership…

  2. Watson says:
    January 29, 2010 at 11:20 am

    trading Vinny would destroy the future of the team long term, maybe Vinik is like Balsille with his intentions??

  3. uberVU - social comments says:
    January 30, 2010 at 2:48 am

    Social comments and analytics for this post…

    This post was mentioned on Twitter by LightningShout: Lightning Being Sold To Red Sox Minority Owner? Check it out at Hockey Independent http://hockeyindependent.com/blog/?p=10489…

  4. Tweets that mention Lightning Being Sold To Red Sox Minority Owner? | Hockey Independent -- Topsy.com says:
    January 30, 2010 at 10:27 pm

    [...] This post was mentioned on Twitter by BDGallof, Su Ring, LightningShout, LightningShout, Hockey Independent and others. Hockey Independent said: @LightningShout: Lightning Being Sold To Red Sox Minority Owner? Check it out at Hockey Independent http://bit.ly/c1UJcL [...]