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Kukla's Korner Hockey

Report- Lightning Have A New Owner

from David Shoalts of the Globe and Mail,

The Tampa Bay Lightning have been sold to Boston money manager Jeffrey Vinik.

An official announcement may come Friday afternoon after the final details were ironed out Friday morning. One source said Vinik will pay $170-million (all currency U.S.) in cash for the Lightning, the management lease to the lucrative St. Pete Times Forum and five and a half acres of land around the arena.

One thing that is certain is that neither Oren Koules nor Len Barrie will retain an interest in the team. Koules, the former co-owner with Barrie, was running the team by himself after a falling out with Barrie over the latter’s financial troubles.

continued

Filed in: NHL Teams, Tampa Bay Lightning, | KK Hockey | Permalink
  Tags: jeff+vinik

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About Kukla's Korner Hockey

Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.

Email Paul anytime at pk@kuklaskorner.com

 

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