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Boston Red Sox owner in talks to buy Pittsburgh Penguins hockey team

by Mike Robinson

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© Reuters. November 14, 2021. Washington, District of Columbia. USA. Pittsburgh Penguins leftwing Jake Guentzel celebrates his goal against Washington Capitals (59). Geoff Burk

(Reuters) – Fenway Sports Group LLC owner of Boston Red Sox is in discussions to acquire the Pittsburgh Penguins. According to a source, Tuesday’s transaction was made public by a person close to the matter. The source also said that Pittsburgh Penguins’ senior leadership will likely remain the same.

Mario Lemieux, Ron Burkle and the co-owners of the pro ice hockey team had organized an investor group that saved the Penguins from bankruptcy in 1999.

The Wall Street Journal first reported the talks, citing sources familiar with it, and suggested that a deal might be reached later in this week.

John Henry was the founder of Fenway Sports Group. He has been its main owner since it’s creation in 2001. It also holds 50% of NASCAR’s Roush Fenway Racing and Liverpool Football Club.

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