Lightning Sale Nearly Complete

| Jan 31, 2010 | Comments 3

It looks as if Boston hedge fund manager, Jeffrey Vinik will be the next owner of the Tampa Bay Lightning, and it will happen quickly. Vinik is working hand in hand with the NHL to make the deal happen and this will work wonders to push him quickly through the approval process. Another appealing point of approving Vinik is that he is self financing the deal.

Meetings took place between the lawyers on Saturday and nothing official has been announced so far, but expect the Harvard grad to take over as soon as possible. The NHL wants Vinik to start handling the Lightning affairs right away so that he can handle the payroll costs that the league has been subsidizing.

Look for an official announcement soon.

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Filed Under: Featured • Featured Rumors • NHL Teams • Rumors • 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. Look’s Like Vinik’s Gonna Get It « Loving the Lightning says:
    January 31, 2010 at 5:12 pm

    [...] Hockey Independent reports the rumor that Harvard grad Jeffrey Vinik is soon-to-be proud owner of the Bolts. All we can say is that he sure looks……smart. It looks as if Boston hedge fund manager, Jeffrey Vinik will be the next owner of the Tampa Bay Lightning, and it will happen quickly. Vinik is working hand in hand with the NHL to make the deal happen and this will work wonders to push him quickly through the approval process. Another appealing point of approving Vinik is that he is self financing the deal. [...]

  2. uberVU - social comments says:
    February 1, 2010 at 1:34 am

    Social comments and analytics for this post…

    This post was mentioned on Twitter by LightningShout: Lightning Sale Nearly Complete. Check it out at Hockey Independent http://hockeyindependent.com/blog/?p=10607...

  3. Tweets that mention Lightning Sale Nearly Complete | Hockey Independent -- Topsy.com says:
    February 2, 2010 at 4:34 am

    [...] This post was mentioned on Twitter by BDGallof, Su Ring, LightningShout, d-mark, Bolt Prospects and others. Bolt Prospects said: RT @WHRBSports: Here's the link to the article on the sale of the Lightning to Boston hedge fund manager and HU grad Jeffrey Vinik. http://bit.ly/9vrciA [...]