List of Pittsburgh Penguins owners explained

This is a list of Pittsburgh Penguins owners. There have been 11 ownership groups for the Penguins franchise since the team's founding in 1967. The Penguins' Mario Lemieux was a Penguins majority owner before his group sold ownership of the team to Fenway Sports Group in December of 2021. He has maintained a minority ownership. Lemieux Group LP, who purchased the Penguins in 1999 and brought the club out of bankruptcy, also worked out a deal with the city of Pittsburgh in 2007 for a new multi-purpose arena, ensuring that the franchise remains in Pittsburgh.[1]

Ownerships

1 June 1965 - March 1968
2 Donald ParsonsMarch 1968 - April 1971
3 Peter Block, Thayer Potter, Elmore Keener, & Peter BurchfieldApril 1971 - June 1975
4 National Hockey LeagueJune 1975 - July 1975
5 Al Savill, Otto Frenzel, & Wren BlairJuly 1975 - Feb. 1976
6 Al Savill & Otto FrenzelFebruary 1976 - February 1977
7 Edward J. DeBartolo Sr.February 1977 - November 1991
8 Howard Baldwin, Morris Belzberg, & Thomas RutaNovember 1991 - May 1997
9 Howard Baldwin, Moris Belzberg, Thomas Ruta, & Roger MarinoMay 1997 - September 1999
10 Mario Lemieux & Ronald Burkle (Lemieux Group LP) September 1999 - September 2011
11 Mario Lemieux & Ronald Burkle (Lemieux Group LP) & John Surma https://www.sportsbusinessdaily.com/Daily/Issues/2011/09/29/Franchises/Penguins.aspxSeptember 2011 - December 2016
12 Lemieux Group LP, John Surma and Debra Cafaro[2] December 2016 - December 2021
13 Fenway Sports Group, Mario Lemieux, Ron Burkle[3] December 2021 – Present

See also

Notes and References

  1. https://web.archive.org/web/20090323165755/http://www.penguinjersey.com/PensPages/Owners.html Pittsburgh Penguins Owners 1965 to Present
  2. https://chicago.suntimes.com/2017/1/17/18344060/kapos-chicago-ceo-buys-stake-in-penguins Chicago CEO Buys Stake in Penguins
  3. Web site: Penguins sold to Fenway Sports Group, Lemieux to retain stake in team .