from Mike Ozanian of Forbes,

Pittsburgh Penguins’ owners Mario Lemieux and Ron Burkle had a mixed 2016: their team captured the franchise’s fourth Stanley Cup but the owners—exploring ways to raise equity–did not get anything close to the $750 million valuation for their team they reportedly were looking for.

Consolation prize? The 13 playoff games at PPG Paints Arena enabled the Penguins to generate $26 million in operating income (earnings before interest, taxes, depreciation and amortization), seventh-most in the NHL and 27% more than the team raked in the prior season.

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