The Penguins announced today the rumored and expected sale of the team to Fenway Sports Group has been completed.
The Pittsburgh Penguins and Fenway Sports Group (FSG), a global sports, marketing, media, entertainment, and real estate company, today announced that FSG has entered into an agreement to acquire controlling interest in the Penguins.
Details: https://t.co/7rdSTv2wzL pic.twitter.com/Rx3YKG5f8A— Pittsburgh Penguins (@penguins) November 29, 2021You never know in a tricky and complicated negotiation if all the i’s will get dotted and t’s get crossed as the deal gets over the finish line until this moment happens, but now it is over.