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Q&A: What we know about the Fenway Sports Group’s effort to buy the Penguins

The Penguins are heavily reported to be trending towards having new ownership. The Athletic has reported the deal could be completed as soon as tomorrow for the Fenway Sports Group to finalize an agreement to purchase the Pens.

This news can be jarring, even for a team that had regular negotiations with other groups (never forget the Jim Balsillie days!) up until getting a new arena agreement in 2007. And the Pens were almost sold in late 2015 as well before a deal fell apart.

However, now all signs are pointing towards FSG finalizing a purchase this time around.