On June 10, 2018, TBEP announced a new multi-year agreement to rename the Sun Dome to the Yuengling Center, partnering with D.G. They established the Lightning Community Hero program in 2011 to provide funding and recognition for those improving the lives of individuals most in need. Youll get a roundup of the biggest Tampa community news twice a week. Ian focuses on investing in private sector opportunities and taking them to the public markets. Ian Gowrie-Smith was born in Australia and educated at Geelong Grammar and Melbourne University. He has taken vaccines from discovery through to pediatric Phase 2b clinical trials while at the National Institutes of Health in the United States. Penny Im worried theyll unanimously vote in a rule that prohibits teams from Florida to win the Stanley Cup, Vinik jokes. An immersive, experiential work of art,LOVE IS CALLING invites visitors to enter a mirrored room with tentacle-like soft sculptures featuring with Kusama's signature polka dots and changing colors hanging from the ceiling and positioned on the floor. Ian acquired the Conflict Islands atoll in Papua New Guinea and is a passionate conservationist, dedicated to preserving the natural beauty and diverse, revered ecosystem of the islands. I got to Florida and it felt like we were in a mild depression. $5 million to the endowment at the Tampa Museum of Art to support the position of executive director. Vinik turned to his network again and Sperling introduced him to the CEO of the Seattle Seahawks, one of the brightest business minds in professional sports, Tod Then his influence spread over Tampa Bay. Tampa Bay sale all but done.. Jeff Vinnik Boston hedge fund guy buys from Oren Koules and Len Barrie.. Should be announced friday.. You never know where things are going to go. Thats really dire. Previously, had been manager of large equities hedge fund. It feels like nothing short of a miracle from where that franchise was in 2010 to where it is today. at Georgetown University School of Medicine and a J.D. From 1992-1996, Jeff ran the Fidelity Magellan Fund, the worlds largest mutual fund at the time, and was twice named Portfolio Manager of the Year, first by Morningstar in 1993 and then by Mutual Fund Magazine in 1995. When Vinik bought the franchise for a reported $170 million in the middle of a recession in 2010, the Lightning had 2,000 full season-ticket holders, less than a dozen suite holders and little corporate support. He is on the board of Sofie Biosciences. Tampa Bay, a sunbelt team, was a solid hockey town on paper. New Bucs offensive coordinator Dave Canales staff nearly set, As Tampa Bay sales grow, sport bike maker Ducati plans giant dealership. Penny and Jeff Vinik, a Tampa Bay power couple, have put their divorce proceedings on hold for now, filing for a 90-day pause. Last season, when the Lightning beat Montreal, it came at the end of a shortened season with a slow build of attendance due to COVID-19 restrictions. Vinik and Yzerman had inherited a couple of future Hall of Famers and budding stars in Steven Stamkos and Victor Hedman, and in Viniks first full year as owner and Yzermans first as GM, the Lightning advanced all the way to the Eastern Conference final before losing to the Boston Bruins in seven games. Thats everything., Im not jealous, the Capitals owner says. TAMPA After nearly 33 years of marriage, Jeff and Penny Vinik, one of the Tampa Bay areas leading philanthropic couples, are headed for divorce court. The family moved to Tampa a couple of years after Jeff Vinik bought the Lightning in 2010 for an estimated $110 million. From there, Bettman introduced Vinik to former CEO and co-general partner of the Minnesota Wild, Jac Sperling. And we ended up with a good hockey team, which doesnt hurt either.. The Beach came to AMALIE Arena in 2016 and featured 1.2 million translucent white balls, creating an indoor beach for nearly 100,000 patrons. I dont think that far ahead. He is currently the Chair of the EANM Oncology & Theragnostics committee and Section Editor of the Journal of Nuclear Medicine. Without elaboration, the petition says the marriage is irretrievably broken. He jumped in with both feet, and relocated his family from Boston to the Sunshine State so that they could be entwined into the fabric of the community. He sunk $40 million of his own money into a county-owned arena with no recourse. Facebook; Twitter; Facebook Messenger; Pinterest; Email; print; TAMPA, Fla. -- The Tampa Bay Lightning and team owner Jeff Vinik are donating $2 million toward Hurricane Ian relief efforts.. The Viniks champion many charitable organizations with emphasis on providing support for education, entrepreneurship, and the arts. Mr. Vinik serves as Chairman, Chief Investment Officer and Chief Executive Officer of the Vinik Asset Management (the Management Company). The petition to dissolve the marriage of 33 years was filed this week in Hillsborough County. The parties enjoy a very high standard of living which should be maintained without interruption on a temporary basis.. Penny Vinik is seeking temporary exclusive use of the couples homes in South Tampa and Chatham, Mass., as well as Porsche sports utility vehicles that she regularly uses at both homes. Since 2015, the Lightning, in conjunction with the NHL and the NHL Players Association, have invested more than $6 million to grow the game of hockey and teach life skills to youth throughout the Tampa Bay community. They have a lot of work to do on that front, having to climb back from a 2-0 deficit for the second straight series, only this time against the juggernaut Colorado Avalanche, as the Stanley Cup Final switches to Tampa on Monday night. Copyright 2020 Axiomatic Gaming, LLC | Website Design By AOEcreative.com, This website uses cookies to improve your experience. These cookies ensure basic functionalities and security features of the website, anonymously. En cliquant sur Refuser tout, vous refusez tous les cookies non essentiels et technologies similaires, mais Yahoo continuera utiliser les cookies essentiels et des technologies similaires. Founded in 2009, The Hockey Writers is a premier destination for news and information on everything hockey. Thunderstruck: Celebrate the Tampa Bay Lightnings one-of-a-kind championship season with this hardcover collectors book. In 2020, Griggs spearheaded the creation of the Vinik Sports Group, which serves as the parent company for the Tampa Bay Lightning, the lease holding entity for AMALIE Arena and other sports and entertainment assets, while becoming the umbrella brand for three new business verticals: VSG Commercial Sales, VSG Facilities and VSG Live. He went on to earn his Master of Business Administration degree from the Harvard Business School, graduating in 1985. Greg has a career spanning over 20-years in translational medicine. The success really speaks for itself: winning back-to-back Cups, in the Final again for a chance at a third Cup. The first abatement was granted on June 29, just three months after Penny Vinik, 57, filed for divorce. Under Griggs' guidance, the Lightning were ranked No. The fan base was there. Vous pouvez modifier vos choix tout moment en consultant vos paramtres de vie prive. Letsgetstarted. In mid-2009, former Lightning owners Oren Koules (a Hollywood executive) and Len Barrie (former NHLer) had come to grips with reality. He beat the S&P 500 Index for almost Vinik had no shortage of options and the newly formed duo began conducting market research on the various teams and marketplaces. All Rights Reserved. Subscribe to our free Tampa Times newsletter. Griggs also directed strategic sales and marketing efforts for the new Amway Center, which opened in October 2010. He is currently a Director of the Whitehead Institute for Biomedical Research, Myriad Genetics, Inc. (NASDAQ: MYGN) and Brooklyn ImmunoTherapeutics, Inc. (NYSE American: BTX). The cookie is used to store the user consent for the cookies in the category "Other. Yzerman hired Julien BriseBois away from the Montreal Canadiens and made him assistant GM. I dont need to go in and talk to the coaches., I could, and a lot of owners do. It was during this time that he co-invented the novel Ga-68 radiopharmaceutical chelator which enabled the development of cold PET kits. Julien says this about Cooper: Theres no reason that a coach has to have a shelf life. Often that is the case for a lot of reasons that we know, but it doesnt have to be that way. Hes fulfilled every promise he made to the fan base, says Koules, who is still a Lightning fan. Tod is so good at building a championship brand. Michael is a four-time Minnesota Sportswriter of the Year and in 2017 was named the inaugural Red Fisher Award winner as best beat writer in the NHL. WebVinik Asset Management. At Theragnostics, Greg has been instrumental in raising capital via grant funding and private investment. Before purchasing the Lightning in February 2010, the New Jersey native attended Harvard Business School where he obtained an MBA before joining Fidelity Investments. In 1996, he left Fidelity to establish his own firm, Vinik Asset Management, a long-short equities hedge fund based in Boston where he grew assets under management from $800 million to $10 billion. The guy in the middle of it all was Jeff, Leiweke says. And when Tampa a couple years ago had the greatest team, most points and they played in the first round against Columbus, and they got swept, everyone said the goaltenders not going to be good, change the coach, blow it up. He wound down VAM in 2013 to focus on his On February 7, 2020, Griggs led the charge on the new naming rights of the Lightning's practice facility, TGH Ice Plex. After phase one of his plan was complete, the newest member of the NHL owners club had to get to work and quickly. Theres been longevity in terms of leadership there. Jeff Vinik purchased the Tampa Bay Lightning on March 3, 2010, promising a comprehensive transformation of the franchise while pledging to make a significant positive impact in the Tampa Bay community, and he has delivered. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". From a charitable perspective, it would be difficult to find a non-profit organization within the Tampa community that has not been touched by Viniks philanthropy. Vinik and Virgo, who had each led previously funding rounds for Peerfit, were joined by other existing shareholders in the latest round, said Ed He pledged another $10-million to continue the Hero program in the summer of 2021. In February 2010, Koules, Barrie and the Lightning faithful got exactly what they wanted, and so desperately needed.Tampa Bay sale all but done.. Jeff Vinnik Boston hedge fund guy buys from Oren Koules and Len Barrie.. Should be announced friday.. Daren Millard (@darenmillard) February 5, 2010. He previously served as CEO of Neose Technologies, Inc.; was President of Dr Reddys North American business; and was Senior Vice President of Research and Development at GlaxoSmithKline plc. Sign up for our regular 'Bolts Newsletter' for all the latest. In a time of uncertainty, social unrest, and growing financial inequality, it seems difficult, if not absurd, to root for the success of a multi-billionaire businessman. Jeff Vinik is building the physical infrastructure that is allowing us to connect internally to build the virtual infrastructure of the future, said Chris Krimitsos, founder of the Florida Bitcoin & Blockchain Summit. We are reconciling very well, and I am extremely optimistic that we will have a positive resolution to some of the challenges that weve had.. We had a great team. We lost in the Cup final in 2015. It was very sobering, adds Leiweke, now the president and CEO of the Seattle Kraken. That is the goal, for our team, for our fans and for our community, says Katz, the Oilers owner. Griggs first joined the organization as COO on August 31, 2010. The Aurora, Ontario native also worked for Maple Leaf Sports & Entertainment (MLSE), the NBA's Toronto Raptors (1994-99) and the NHL's Toronto Maple Leafs (1998-99) as the director of ticket sales and service, where he led the sales and relocation efforts from historic Maple Leaf Gardens into Air Canada Centre in Toronto. Under Griggs' guidance, the Bolts have also continued to see a significant boost in corporate partnerships driven by key sponsorship renewals, new business growth and in-market brand and retail activations. We hired brilliant people in Tod Leiweke and Steve Griggs. In fact, Vinik, because he was in Denver, decided to skip last Thursdays Board of Governors meeting in New York between Games 1 and 2 of the Final. Renovating the arena and on-ice success helped build the brand rather quickly. Related: From NHL Pause to Playoffs: How to End the 2019-20 Regular Season. But this has all been hard to believe.. I do know that going to hockey games and owning the Tampa Bay Lightning and being part of the community there is the most fun thing I do. He became a star at Fidelity and went on to manage their world-renowned Fidelity Magellan Fund in the mid-1990s, earning investors a whopping 17% in average annual returns. In May 2012, the family made a $10-million donation to Duke to establish a faculty challenge fund that is being used to hire and retain professors who focus on complex societal challenges such as engineering and related areas in energy, global health, brain sciences and the environment. Vinik left no stone unturned and his studies took him from how to build sales and marketing programs all the way to learning the entire NHL Collective Bargaining Agreement (CBA). Baden co-founded and remains a Director of the UKs largest biomethane transport infrastructure company, CNG Fuels, which was founded in 2014. In August of 2018, the Viniks helped cut the ribbon on the $2.5 million Jeff and Penny Vinik Family Winston Park Boys and Girls Club in east Tampa. Pour en savoir plus sur notre utilisation de vos informations, veuillez consulter notre Politique relative la vie prive et notre Politique en matire de cookies. And in return for that faith and trust, Cooper has rewarded them with two Cups and a chance for a third this year. WebAn on-campus stadium at USF will be a game-changer, literally and figuratively, for the university and our entire Tampa Bay community, said Jeff Vinik, owner of the Tampa Bay Lightning and co-developer of Water Street Tampa. Penny Vinik is the chair of a community arts initiative which is enabling Tampa Bay-based artists to display their works throughout AMALIE Arena. After some deep thought, and a few glasses of wine, he targeted professional sports as his next pursuit. Jeff has given the organization the support, year in, year out, to compete for the Cup and also build the fan base. Jeff and Penny Vinik continue to personally invest in the community, bringing one-of-a-kind art installations "The Beach," "Art of the Brick," and "Love is Calling" to the city of Tampa. Top prospect Taj Bradley, Rays take on Red Sox today, Rays Tyler Glasnow sustains oblique injury during practice, Lightnings defensive lapses lead to rout by Penguins, Selection to Lightning Hall of Fames inaugural class very, very special for Phil Esposito, St. Petersburg, Tampa Bay Rays to discuss these 9 topics about Tropicana Field. UK Office Theragnostics Ltd Penny and Jeff have filed an abatement to the divorce proceedings as they work on reconciling their marriage, Bill Wickett, a spokesman for Jeff Vinik, told the Tampa Bay Times in an email. Jeff Vinik bought the Lightning. Ian acquired the Conflict Islands atoll in Papua New Guinea and is a passionate conservationist, dedicated to preserving the natural beauty and diverse, revered ecosystem of the islands. He saw something. But Vinik wasnt overcome with regret or fear. Founded in 1997, VFF has donated over $75 million to nonprofits working in Oh, and on the ice, in the 12 years Vinik has owned the team, the Lightning have enjoyed unrivaled success. Jeff Vinik also is a member of FBN Partners, a group of local investors who have loaned $15 million to the Times Publishing Company, which owns the Tampa Bay Times. Julien and I talk probably once every week to two weeks and he just updates me on whats going on. Greg is leading a team to expand their product portfolio and the commercialization of Ga-68 THP-PSMA, a prostate cancer imaging diagnostic. Contact Eduardo A. Encina at eencina@tampabay.com. There was nobody in Section 309, 10, 11, 12, 13, Griggs recalls. Tampa Bay Lightning owner Jeff Vinik has purchased the top-floor penthouse at the Tampa Edition for $8.34 million. This cookie is installed by Google Analytics. And, building a winning franchise is also a recipe for success off the ice, especially in U.S. markets. SPP, a partnership between Vinik and Cascade Investment, LLC of Kirkland, Washington, is expecting to deliver approximately $3 billion in investment to bring Water Street Tampa to life and reinvent the blocks surrounding AMALIE Arena into a walkable, 24-7 live, work, play and stay wellness district. What a ride this has been for Vinik, 63, who struck it rich in the hedge fund business then decided to reinvent himself and Googled, How to buy a sports team. A dozen years later, he ended up sitting behind the Resolute Desk in the Oval Office and told by president Joe Biden to make himself comfortable during a White House visit to celebrate his teams two championships. New Bucs offensive coordinator Dave Canales staff nearly set, As Tampa Bay sales grow, sport bike maker Ducati plans giant dealership. Jeff closed his Boston firm in 2013, to focus on business and philanthropic interests in Tampa. This cookie is set by GDPR Cookie Consent plugin. His previous career in investment management included six years with UBS in multi-asset class advisory as well as working in emerging markets private equity. Vinik had toyed with buying the Dallas Stars and even the cross-state Florida Panthers. In addition, Jeff manages various family investments, oversees the Vinik Family Foundation with his wife, Penny, and is part owner, with Cascade Investment, of Strategic Property Partners, a real estate entity undertaking a $3 billion mixed use development project to revitalize downtown Tampa. There was almost nothing for fans to do in the barren surrounding area of downtown Tampa. Some have doubts. Owner of Tampa Bay Lightning hockey team and co-developer of major real estate project. 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All NHL logos and marks and NHL team logos and marks as well as all other proprietary materials depicted herein are the property of the NHL and the respective NHL teams and may not be reproduced without the prior written consent of NHL Enterprises, L.P. In the end, the Lightning and the city of Tampa hit the ownership jackpot. Under Griggs' guidance, the Lightning unveiled a new third jersey and uniform system to much success during the 2018-19 season, an undertaking nearly two years in the making and a collaborative work between the Lightning, adidas and the NHL. The Viniks champion many charitable organizations with emphasis on providing support for education, entrepreneurship, and the arts. I was like, What did I just get myself into? The economy was in rough shape, and Jeff was facing incredible odds.. Related: Jeff Vinik, Lightnings Extraordinary Owner. Hit the ownership jackpot by GDPR cookie consent to record the user consent for the new Amway Center, opened! 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