News Article: Lightning working on sale for value close to $2 Billion

[Felonious Python]

That’s more like the ultimate promotion.

Depends on the money.

 

[Todd1a]

Thats not a demotion though, that usually just means you don't want to travel for scouting anymore and they don't want to lose you

Just like when yzerman went to senior advisor for 1 year and then went to the redwings to be GM

 

[Todd1a]

How do you score 12 and 13 goals in your first two pro seasons and be "horrible"? Todd, come on.

Also, Al Murray never left? I have no idea where you got that from.

Not not killing it in the AHL not even cracking 20 goals that means in the NHL he will probably crack 6-8 goals a year if he is only hitting 12-13 in the minors

 

[LordStanlersCup]

Not not killing it in the AHL not even cracking 20 goals that means in the NHL he will probably crack 6-8 goals a year if he is only hitting 12-13 in the minors

To be fair he played the first 15 or so games on the 3rd/4th line when returning from his injury and was roughly a ppg after that having 28 points in his next 34 games. Having said that I don't think he is going to be an NHLer as he is constantly injured and his ceiling is too low. There are other prospects to look forward to though.

 

[LTIR Trickery]

Just like when yzerman went to senior advisor for 1 year and then went to the redwings to be GM

Right, he wanted to be there a year to help Julien into the role? Nothing about that is outlandish... it really isn't uncommon to have some tenure in scouting and wanting to dial back the travel, because really, the amount of travel is a little crazy.

Not not killing it in the AHL not even cracking 20 goals that means in the NHL he will probably crack 6-8 goals a year if he is only hitting 12-13 in the minors

I'm not saying he is going to be a stud, but generally guys with abbreviated minor seasons like this and still producing the way he did is a good sign.

 

[Felonious Python]

Right, he wanted to be there a year to help Julien into the role? Nothing about that is outlandish... it really isn't uncommon to have some tenure in scouting and wanting to dial back the travel, because really, the amount of travel is a little crazy.

I'm not saying he is going to be a stud, but generally guys with abbreviated minor seasons like this and still producing the way he did is a good sign.

JBB seeing Al Murray at Epcot's World Showcase, after he said he didn't want to travel so much anymore.

 

[Todd1a]

https://x.com/i/web/status/1841212840671113640

 

[Felonious Python]

I think Bettman is saying we're an average team.

Speaking of Tampa, they've had private equity invest in that club, which the league has opened itself up to in recent years. Do you think there's an opportunity to get private equity involved in a bigger way or are you comfortable with where the limits are at this point?
(Note: Clubs can currently sell up to 30% of their equity to institutional investors. Firms can own up to 20% of a given franchise and hold equity in a maximum of five franchises.)

I think we're very comfortable with our rules. We've been able to bring private equity in through a number of our clubs. Our rules were carefully crafted, and obviously it worked well, because investments have been made by private equity. Not only have we not seen any issues, I think it's been a plus.

I don't think the NHL rules are widely available, but with the NFL, the private equity owners don't have any codified control (although the primary owners can seek their advice if they want).

 

[ThunderRoad]

So it's official now? There's surprisingly very little reported about it, just a little blurb about NHL approving the sale to Ostrover.

 

[Rschmitz]

I wanna know more about Ostrover, having said that a quick googling shows he has a net worth of close to 3 billion.

If he wants to, he certainly has the financial muscle to keep things rolling in the direction Vinik set

 

[Felonious Python]

So it's official now? There's surprisingly very little reported about it, just a little blurb about NHL approving the sale to Ostrover.

I'd wait for local reporters to say something. The national media are much more interested in the Leafs sale.

 

[Point21]

 

[Point21]

 

[ShootIt]

So Vinik will still have some type of stake after the sale? Did Tampa have any minority owners or was it just Vinik before this sale?

 

[Todd1a]

So Vinik will still have some type of stake after the sale? Did Tampa have any minority owners or was it just Vinik before this sale?

He is keeping a minority stake after the sale but after 3 years he will not be the majority owner anymore.

2 years back he sold like 20 percent ownership to artros some other company so he owns like 80 percent now currently until he gets down to less then 51 percent

 

[Todd1a]

Vinik isn’t dumb after 3 years this team will probably need a massive rebuild for years

 

[Tampa22]

Vinik isn’t dumb after 3 years this team will probably need a massive rebuild for years

The new owners are dumb, it's something to worry about...