By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
24x7Report24x7Report
  • Home
  • World News
  • Finance
  • Sports
  • Beauty
  • Fashion
  • Fitness
  • Gadgets
  • Travel
Search
© 2023 News.24x7report.com - All Rights Reserved.
Reading: Mario Lemieux-led ownership group is ‘very interested’ in buying back the Penguins, per report
Share
Aa
24x7Report24x7Report
Aa
Search
  • Home
  • World News
  • Finance
  • Sports
  • Beauty
  • Fashion
  • Fitness
  • Gadgets
  • Travel
  • en English
    • en English
    • id Indonesian
    • ms Malay
    • es Spanish
Follow US
© 2023 News.24x7report.com - All Rights Reserved.
24x7Report > Blog > Sports > Mario Lemieux-led ownership group is ‘very interested’ in buying back the Penguins, per report
Sports

Mario Lemieux-led ownership group is ‘very interested’ in buying back the Penguins, per report

Last updated: 2025/07/15 at 6:10 AM
Share
3 Min Read
SHARE

Mario Lemieux could assist resurrect hockey in Pittsburgh as soon as once more. The Penguins legend and Hockey Corridor of Famer is a part of a gaggle that’s “very ” in shopping for the Penguins, according to The Athletic. 

The Athletic had just lately reported that Lemieux, fellow former co-owner Ron Burkle, and former chief govt Dave Morehouse (who’s at present an advisor with the Pittsburgh Steelers) have been wanting into the opportunity of shopping for again the Penguins from Fenway Sports activities Group (FSG), who acquired the crew from them in 2021. 

Whereas FSG has introduced that it’s exploring including a minority investor, the Lemieux group is reportedly wanting into its monetary choices to see if it regain management of the Penguins once more in some unspecified time in the future. NHL commissioner Gary Bettman has reportedly been made conscious of the group’s curiosity in rejoining the Penguins in an possession capability.

The Penguins are at present valued someplace between $1.47 billion and $1.75 billion. The Lemieux-led group is reportedly hoping that FSG is perhaps keen to contemplate a “affordable” value contemplating Pittsburgh’s latest on-ice struggles and declining fan help. The Penguins offered simply 91.4 p.c of their obtainable tickets final season, the bottom complete of the Sidney Crosby period.

Lemieux, 59, is probably the most outstanding determine in franchise historical past. He led the Penguins from relative obscurity to back-to-back Stanley Cup titles in 1991-92. Regardless of lacking a 12 months in his prime as a result of most cancers and retiring for the primary time at age 31, he was thought-about one of many biggest gamers of all-time on the time of his first retirement. 

See also  Report: FEMA Repeatedly Loosened Oversight At Texas Camp Where 27 People Died In Flooding

Lower than two years into retirement, Lemieux gained controlling curiosity within the Penguins after the crew had declared chapter and was seemingly headed towards both leaving Pittsburgh or folding altogether. In 2000, Lemieux returned the ice and helped lead the Penguins to a shocking run to the Jap Convention Last. 

Earlier than his comeback, Lemieux was inducted into the Hockey Corridor of Fame in 1997.

Lemieux’s remaining NHL season as a participant was Crosby’s first season with the Penguins. In 2009, Crosby helped lead the Penguins to their first of three Stanley Cup wins with Lemieux serving as an proprietor. 

The Penguins have been mired in mediocrity since Lemieux’s possession crew offered the franchise to FSG 4 years in the past. Pittsburgh has not made the playoffs since 2022 after qualifying for the postseason annually from 2007-22. The crew’s 80 factors final season have been the fewest by the franchise for an 82-game season since 2005-06. 

You Might Also Like

Bears vs. 49ers prediction, odds, time: ‘Sunday Night Football’ picks by proven model

Curt Cignetti’s success at Indiana is boring by design — and built to last

Arteta: ‘Margin should have been bigger’ in Arsenal win

College Football Playoff odds, picks, predictions for remaining bowl games

USMNT defender Chris Richards offers update on injury with World Cup looming

TAGGED: buying, Group, interested, Lemieuxled, Mario, ownership, Penguins, Report

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share this Article
Facebook Twitter Copy Link Print
Previous Article Why It Matters If The U.S. Loses The Measles Elimination Status Why It Matters If The U.S. Loses The Measles Elimination Status
Next Article Wall Street holds near its record amid doubts about Trump's tariffs Wall Street holds near its record amid doubts about Trump’s tariffs

Stay Connected

1.30M Followers Like
311 Followers Pin
766 Followers Follow

Latest News

From the Vogue Archives: Being Brigitte Bardot
Fashion December 28, 2025
Fisherman
These 4 Vibrant U.S. Cities Should Be Your Next Winter Getaway, According To Delta
Travel December 28, 2025
Bears vs. 49ers prediction, odds, time: ‘Sunday Night Football’ picks by proven model
Sports December 28, 2025
Colorado targets Fernando Lovo for AD
Colorado targets Fernando Lovo for AD
World News December 28, 2025
These warning signs say it’s time to retire, and the risks of the 'one-more-year' trap may surprise you
These warning signs say it’s time to retire, and the risks of the ‘one-more-year’ trap may surprise you
Finance December 28, 2025
//

This is your World, Finance, Fitness, Fashion  Sports  website. We provide the latest breaking news straight from the News industry.

Quick Link

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Sitemap

Top Categories

  • Fashion
  • Finance
  • Fitness
  • Gadgets
  • Travel

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!


24x7Report24x7Report
Follow US

Copyright © 2025 Adways VC India Private Limited

Welcome Back!

Sign in to your account

Lost your password?