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Penguins sale unanimously approved by Board of Governors, Commissioner says

The NHL Board of Governors has formally approved the sale of the Pittsburgh Penguins from Fenway Sports Group to the Hoffmann Family of Companies. Commissioner Gary Bettman stated the new owners have a "great track record." The transaction was expected to close before the Draft on Friday.

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What changed

The NHL Board of Governors has officially and unanimously approved the transfer of team ownership.

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  1. NHL Board of Governors Unanimously Approves Penguins Sale

    The NHL Board of Governors has formally approved the sale of the Pittsburgh Penguins from Fenway Sports Group to the Hoffmann Family of Companies. Commissioner Gary Bettman stated the new owners have a "great track record." The transaction was expected to close before the Draft on Friday.

    What's confirmed:

    • The NHL Board of Governors unanimously approved the sale of the Pittsburgh Penguins from Fenway Sports Group to the Hoffmann Family of Companies.
    • The Hoffmann Family of Companies includes father David and brothers Geoff and Greg.
    • The purchase price for the Pittsburgh Penguins was $1.75 billion.
    • The Hoffmann Family also owns the Florida Everblades.
    • Commissioner Gary Bettman said the new owners "have a great track record".
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