More than a month has passed since a group of investors was reported to be ready to make an offer for the Penguins in "one week."
This summer the big news for Penguins fans was their acquisition of Phil Kessel in a blockbuster trade with the Maple Leafs. The trade overshadowed some other big news that was announced a month earlier. TSN reported that Penguin's owners Mario Lemieux and Ron Burkle hired investment bank Morgan Stanley to advise them on a sale of the team. The timing sounded right. With hype building around the NHL form half billion dollar expansion fees, it sounded like the league had nowhere to go but up.