Even deep-pocketed owners prefer to make money. Fenway Sports Group is no different. Considering what it paid for the Pittsburgh Penguins a few years ago, money since invested, and an on-ice ...

Sources within the Pittsburgh Penguins organization on Monday confirmed an ESPN report that Fenway Sports Group, which owns the Penguins, is looking to add an investor to its ownership group.

Fenway Sports Group is taking the Pittsburgh Penguins to market this week to explore selling a minority stake, multiple sources told ESPN on Monday. It is still to be determined what percentage of ...

Fenway made a similar transaction involving Liverpool in September 2023, selling a minority stake in the team to sports investment firm Dynasty Equity. Follow the Penguins all season long .

Fenway Sports Group spent $900 million to grab control of the Penguins in 2021, taking over for previous owners Ron Burkle and Mario Lemieux, who established himself as a franchise centerpiece by ...

Fenway Sports Group - who's had controlling interest in the Penguins since 2021 - is still expected to retain majority share ...

PITTSBURGH — Fenway Sports Group is looking to explore a potential sale of a minority ownership stake in the Pittsburgh Penguins. Channel 11 confirmed it is unclear what percentage of the team ...

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Fenway Sports Group, the multinational holdings corporation behind the Pittsburgh Penguins, is exploring a sale of a minority stake in the NHL franchise, reports Emily Kaplan and Kevin Weekes of ESPN.