Lightning owner Jeff Vinik sells majority stake in NHL team, but will remain in control for 3 years

APNews - 25/10
Tampa Bay Lightning owner Jeff Vinik announced he has sold a majority stake of the NHL team but will retain control of the franchise for the next three years.

TAMPA, Fla. (AP) — Tampa Bay Lightning owner Jeff Vinik announced Thursday that he has sold a majority stake of the NHL team but will retain control of the franchise for the next three years.

The team said the sale for an undisclosed price to a group of investors led by Doug Ostrover and Marc Lipschultz was approved by the NHL board of governors on Oct. 1.

Under terms of the deal, Vinik will retain full control of the team and act as the Lightning’s gov...
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