(File Photo: Source for Photo: Pittsburgh Penguins’ Sidney Crosby (87) celebrates after getting his 600th career goal in the NHL during the second period of an NHL hockey game against the Utah Hockey Club, Saturday, Nov. 23, 2024, in Pittsburgh. (AP Photo/Gene J. Puskar)
Noah Haswell, Beaver County Radio News
(Pittsburgh, PA) The Pittsburgh Penguins officially have new owners. In a release yesterday, the National Hockey League board of governors unanimously approved the sale of the Penguins: moving ownership from Fenway Sports Group to the Hoffmann Family of Companies. The transaction is expected to close in the near future. The deal is valued at about $1.7 billion. According to the release, financial terms were not publicly disclosed. The Hoffman Family of Companies, which is based in Chicago, announced an agreement late last year to purchase the Penguins from Fenway Sports Group.

