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Penguins to be purchased by Fenway Sports Group
Posted: Sat Nov 20, 2021 10:00 am
by MalkinIsMyHomeboy
Figured an ownership change deserved its own thread
Penguins to be purchased by Fenway Sports Group
Posted: Sat Nov 20, 2021 2:55 pm
by Trip McNeely
Popped over on LGP for the fun of it and some are comparing Lebron James to David Duke. Seriously.
I’m pretty happy with this the new ownership though. We can’t really ask for a deeper pocketed ownership group who has tons of experience running successful sports franchises
Penguins to be purchased by Fenway Sports Group
Posted: Sat Nov 20, 2021 5:01 pm
by relantel
Popped over on LGP for the fun of it and some are comparing Lebron James to David Duke. Seriously.
I’m pretty happy with this the new ownership though. We can’t really ask for a deeper pocketed ownership group who has tons of experience running successful sports franchises
Well both are racists.
As for the transaction itself, if 66 is still involved at some minority level, then it would seem to be best of both worlds.
Penguins to be purchased by Fenway Sports Group
Posted: Sat Nov 20, 2021 5:13 pm
by Gabe
Is WBS part of the sale as well?
Penguins to be purchased by Fenway Sports Group
Posted: Sat Nov 20, 2021 5:31 pm
by MalkinIsMyHomeboy
I hope this means I can buy Pens and Red Sox tickets at a discount now
Penguins to be purchased by Fenway Sports Group
Posted: Mon Nov 29, 2021 9:41 am
by RonnieFranchise
Agreement signed, and now pending league approval. Per Pens facebook, expected to close by the end of the year.
https://pittsburgh.cbslocal.com/2021/11 ... agreement/
Penguins to be purchased by Fenway Sports Group
Posted: Mon Nov 29, 2021 9:51 am
by nocera
Penguins to be purchased by Fenway Sports Group
Posted: Mon Nov 29, 2021 9:54 am
by dodint
The Facebook comments are, of course, well-considered and even-keeled. I may still be a fan when Lebron moves them to KC in five years.
Penguins to be purchased by Fenway Sports Group
Posted: Mon Nov 29, 2021 9:54 am
by nocera
Penguins to be purchased by Fenway Sports Group
Posted: Mon Nov 29, 2021 10:03 am
by faftorial
Eddie DeBartolo is rolling in his grave.
Penguins to be purchased by Fenway Sports Group
Posted: Mon Nov 29, 2021 10:07 am
by nocera
I've seen people and reports stating that because FSG is worth $7B, they should be able to help the Penguins compete/spend more. I understand how that would work in baseball, but in a salary cap league where the Pens already spend to the cap, how exactly is that different than what we're doing now?
Also, change is scary.
Penguins to be purchased by Fenway Sports Group
Posted: Mon Nov 29, 2021 10:12 am
by faftorial
I've seen people and reports stating that because FSG is worth $7B, they should be able to help the Penguins compete/spend more. I understand how that would work in baseball, but in a salary cap league where the Pens already spend to the cap, how exactly is that different than what we're doing now?
Also, change is scary.
Spend more on non-salaries? For example on scouting, AHL, etc?
Penguins to be purchased by Fenway Sports Group
Posted: Mon Nov 29, 2021 10:16 am
by Dickie Dunn
The Facebook comments are, of course, well-considered and even-keeled. I may still be a fan when Lebron moves them to KC in five years.
This fanbase, like much of the city, is full of absolute morons.
Penguins to be purchased by Fenway Sports Group
Posted: Mon Nov 29, 2021 10:21 am
by Trip McNeely
I’m confused. People hate Lebron James this much???
I mean, Ron Burkle has serious ties to Epstein.
Penguins to be purchased by Fenway Sports Group
Posted: Mon Nov 29, 2021 11:01 am
by nocera
Over the years, we have been approached multiple times by various groups interested in purchasing the team but never found the right fit.
Penguins to be purchased by Fenway Sports Group
Posted: Mon Nov 29, 2021 12:45 pm
by King Colby
Lol what a weasel that balls silly was
Penguins to be purchased by Fenway Sports Group
Posted: Mon Nov 29, 2021 1:31 pm
by relantel
Lol what a weasel that balls silly was
Sure avoided something there, eh?