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Is Mario Lemieux buying the Penguins again?

Asked by Anonymous Sep 02, 2026 29 views 1 answers
Find helpful information and answers about Is Mario Lemieux buying the Penguins again.


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Answered Sep 02, 2026

There are absolutely no credible reports, insider rumors, or financial indications suggesting that Mario Lemieux is actively attempting to buy back the majority ownership stake in the Pittsburgh Penguins franchise. In December of 2021, Lemieux and his long-time billionaire business partner Ron Burkle officially sold the majority controlling interest of the hockey club to Fenway Sports Group in a massive transaction valued at approximately 900 million dollars. While Lemieux stepped down from his role as the primary controlling owner, he did not completely sever ties with the organization he helped save from bankruptcy. Instead, he opted to retain a minority ownership stake in the team. He continues to be involved with the franchise in a limited, advisory capacity, ensuring his legendary legacy remains connected to the Penguins without the day-to-day financial burdens of operating a modern professional sports enterprise.

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