For the first time since 2019 (the Arizona Coyotes) it looks like a NHL team is going to be sold. According to the Wall Street Journal the Pittsburgh Penguins are going to change owners. The Fenway Sports Group, headed by John Henry (pictured above), is reportedly in “advanced talks” to purchase the Penguins.
FSG, whose investors include NBA legend LeBron James and Interscope Records founder Jimmy Iovine, currently own the Boston Red Sox, Liverpool Football Club, 50% of Roush Fenway Racing, and various real estate properties. Adding a NHL club to their portfolio could be a wise investment for the investment group.