By The Athletic Staff
December 9, 2021Updated 4:58 PM EST
The NHL Board of Governors has voted on and approved the sale of the Pittsburgh Penguins to Fenway Sports Group, sources told The Athletic‘s Pierre LeBrun on Thursday. It was announced last week that Fenway Sports Group, owner of the Boston Red Sox and Liverpool FC, agreed to purchase a controlling interest in the Penguins.
The sale is believed to be for around $900 million, LeBrun reported. The Penguins recently confirmed in a news release that current Penguins owners Mario Lemieux and Ron Burkle will remain part of the ownership and will be “closely aligned with FSG.” Lemieux and Ron Burkle have owned the team since 1999.
The deal is expected to close by the end of the year, the team also said.
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