Even deep-pocketed owners prefer to make money. Fenway Sports Group is no different. Considering what it paid for the Pittsburgh Penguins a few years ago, money since invested, and an on-ice ...

Fenway made a similar transaction involving Liverpool in September 2023, selling a minority stake in the team to sports investment firm Dynasty Equity. Follow the Penguins all season long .

Fenway Sports Group is taking the Pittsburgh Penguins to market this week to explore selling a minority stake, multiple sources told ESPN on Monday. It is still to be determined what percentage of ...

Crosby, signed through 2026-27, has repeatedly said he will play only for the Penguins. He and Malkin are the franchise ...

Fenway Sports Group - who's had controlling interest in the Penguins since 2021 - is still expected to retain majority share ...

PITTSBURGH — Fenway Sports Group is looking to explore a potential sale of a minority ownership stake in the Pittsburgh Penguins. Channel 11 confirmed it is unclear what percentage of the team ...

PITTSBURGH — Fenway Sports Group, the Boston-based group that owns the Penguins, is exploring the possibility of selling a minority stake in the team, a source confirmed to the Pittsburgh Post ...

Fenway Sports Group spent $900 million to grab control of the Penguins in 2021, taking over for previous owners Ron Burkle and Mario Lemieux, who established himself as a franchise centerpiece by ...