Vinik to expand Lightning ownership, team worth 'close to $2 billion'

Jeff Vinik is in talks to grow the Tampa Bay Lightning’s ownership group but has no immediate intentions to step away from-day-to-day operations.

By Louis Llovio
| 5:10 p.m. August 13, 2024
| 0 Free Articles Remaining!

The Tampa Bay Lightninghave signed a new broadcast media agreement with the E.W. Scripps Co.

Tampa Bay-Lakeland

Tampa Bay Lightning owner Jeff Vinik is working on a deal to sell off a piece of the team, in a move he describes as growing the existing ownership group.

In a statement Tuesday afternoon, Vinik confirmed the organization is in discussions to expand the group but says “there will be no change in the day-to-day operations of the Lightning and Vinik Sports Group.

“I am very excited about what is to come for the organization and we look forward to sharing more when the time is right.”