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Are the Pittsburgh Penguins going to be sold?

Asked by Anonymous Sep 02, 2026 25 views 1 answers
Find helpful information and answers about Are the Pittsburgh Penguins going to be sold.


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Answered Sep 02, 2026

The Pittsburgh Penguins are not currently up for sale, nor are they expected to hit the open market anytime in the foreseeable future. The franchise was recently acquired by Fenway Sports Group in November of 2021 in a blockbuster sports business deal valued at roughly 900 million dollars. Fenway Sports Group, a colossal international sports consortium that also owns the Boston Red Sox of Major League Baseball and Liverpool Football Club of the English Premier League, views the Penguins as a premium, long-term athletic asset within their massive global portfolio. They are highly invested in managing the team through its current era, maximizing the remaining competitive years of the Sidney Crosby core, and navigating the inevitable organizational transition. Because they are a massively capitalized ownership group, they have zero financial pressure to liquidate or sell the hockey club.

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