The Pittsburgh Penguins may be for sale.
Pittsburgh Penguins potentially for sale. Details here: http://t.co/tx969HujjP #TSN
— Bob McKenzie (@TSNBobMcKenzie) June 3, 2015
Source confirms that Morgan Stanley has been retained to investigate possible sale of at least a share of Penguins.
— Dave Molinari (@MolinariPG) June 3, 2015
Source: Lemieux and Burkle "both are interested in keeping some stake" in the franchise, even if they sell controlling interest.
— Dave Molinari (@MolinariPG) June 3, 2015
This is not completely out of the blue. The great Mike Colligan wrote about this exact situation about two months ago.
Mario Lemieux, Ron Burkle, and the Future of the Pittsburgh Penguins http://t.co/6q99WnYMM4
— Mike Colligan (@MikeColligan) April 7, 2015
Mario Lemieux has built an elaborate mansion in the Montreal area, specifically Mont Tremblant, and his kids are now fully grown. Sidney Crosby and Evgeni Malkin are in their prime. If there was ever a time to get out now would be that time.
This is certainly a situation that will be very interesting to watch unfold.
Thanks for reading!