Jeff Vinik Negotiates Sale of Majority Stake in Tampa Bay Lightning

Deal with Blue Owl Capital's Doug Ostrover values NHL team at nearly $2 billion, with Vinik retaining operational control.

Jeff Vinik confirmed ongoing discussions to expand the Lightning's ownership group.
Doug Ostrover of Blue Owl Capital is the reported buyer, though the deal is not finalized.
Vinik will maintain operational control and a significant ownership stake for several years.
The sale would surpass the previous NHL record set by the Ottawa Senators' $950 million sale.
Under Vinik's ownership, the Lightning won two Stanley Cups and reached two additional finals.