Confirmed with Link: Penguins acquire conditional first round pick, three players for Pettersson and O'Connor

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I can't really see that. You'd think sports franchises would've lost value in this economy. But they've continued to explode in value. There's still mega profit to be had holding onto the team for several years.

The concentration of wealth and uber-elite has to be the reason. Sports teams are a prestige commodity and a scarce commodity. Billionaires get FOMO.

You would think that the fundamentals of owning the Penguins over the last 4 years are terrible, but FSG's stake is still going to appreciate.
 
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