who owns the pittsburgh penguins

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The Pittsburgh Penguins are currently owned by Fenway Sports Group (FSG), which purchased the team on December 31, 2021. However, the ownership situation is in flux, as a Chicago-based Hoffmann Family investment group is the leading contender to buy full ownership of the Penguins from FSG for an estimated $1.75 billion. Former Penguins owner Mario Lemieux, along with Ron Burkle and David Morehouse, has also expressed strong interest in buying back the team but is not looking to hold a minority stake; they want full ownership. As of now, Fenway Sports Group still holds majority ownership but may soon sell to the Hoffmann Family group, which already owns the ECHL's Florida Everblades hockey team. Thus, full ownership of the Penguins is likely to transfer from FSG to the Hoffmann Family soon, pending the completion of the sale.