{"id":100097,"date":"2025-08-27T17:01:12","date_gmt":"2025-08-27T17:01:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/100097\/"},"modified":"2025-08-27T17:01:12","modified_gmt":"2025-08-27T17:01:12","slug":"nhl-news-sidney-crosbys-penguins-reportedly-set-to-switch-hands-after-mario-lemieuxs-failed-attempt-to-re-take-control","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/100097\/","title":{"rendered":"NHL News: Sidney Crosby’s Penguins reportedly set to switch hands after Mario Lemieux’s failed attempt to re-take control"},"content":{"rendered":"

The summer of 2025 has been a rollercoaster for Sidney Crosby<\/a> and the Pittsburgh Penguins. Yet, the ride apparently saved its biggest drop for the last seconds before the NHL season. Now, a change in the organization\u2019s brass feels imminent.<\/p>\n

Franchise legend and former owner, Mario Lemieux, has had his eyes set on re-taking control of the organization in The Burgh. Still, his objective seems to have been to no avail. As reports around the NHL<\/a> suggest a transaction is inevitable in Pennsylvania, it isn\u2019t Lemieux who is behind the purchase.<\/p>\n

According to insider Frank Seravalli, Crosby and the Penguins<\/a> are set for an ownership change ahead of the 2025-26 NHL campaign. Currently owned by Fenway Sports Group (FSG), the five-time Stanley Cup-winning franchise is in line for a major shake-up.<\/p>\n

\u201cSources indicate that the Fenway Sports group is closing in on a sale to the Hoffman Family,\u201d Seravalli said on Bleacher Report\u2019s Insider Notebook. \u201cThat sale is on track to close.\u201d<\/p>\n

\"Sidney<\/p>\n

Sidney Crosby #87 of the Pittsburgh Penguins against the Philadelphia Flyers at Heinz Field on February 25, 2017.<\/p>\n

The price to pay<\/p>\n

The organization in the City of Bridges is enduring tough times in the NHL. After missing the Stanley Cup Playoffs for three consecutive seasons, Crosby and the Penguins could use a drastic change. However, they remain wary of what that might bring. As it stands, the upcoming season is shaping up to be even more chaotic than the previous ones. <\/p>\n

\"NHL<\/p>\n

see also<\/p>\n

NHL News: Penguins\u2019 ownership shift could narrow Sidney Crosby\u2019s Stanley Cup window<\/p>\n

<\/a><\/p>\n

Still, the price tag didn\u2019t include any discounts for the Hoffman family. According to Seravalli, the purchase is expected to be valued at around $1.75 billion. For reference, Fenway acquired the club from Lemieux for roughly $900 million\u2014a nearly 94% increase.<\/p>\n

For what it\u2019s worth<\/p>\n

The Hoffman family\u2019s arrival in Pittsburgh is one that could have fans excited. The family has experience in handling a professional hockey club, though not in the NHL.<\/p>\n

In 2019, the Hoffman family acquired the Florida Everblades in the East Coast Hockey League (ECHL). Since, the franchise in Estero, Florida went on to complete a three-peat, hoisting the Kelly Cup in 2022, 2023, and 2024. <\/p>\n

SurveyIf Fenway sells the Penguins, how would you grade their ownership in Pittsburgh?<\/p>\n

If Fenway sells the Penguins, how would you grade their ownership in Pittsburgh?<\/p>\n

Of course, the NHL is a different beast, and so are the Penguins, who are far from competing for silverware. Still, that could change with the right guidance\u2014and a bit of luck, like landing the first overall pick in the 2026 Draft to select Gavin McKenna.<\/p>\n","protected":false},"excerpt":{"rendered":"The summer of 2025 has been a rollercoaster for Sidney Crosby and the Pittsburgh Penguins. Yet, the ride…\n","protected":false},"author":2,"featured_media":100098,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[556],"tags":[64,63,575,4785,32666,85],"class_list":["post-100097","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nhl","tag-au","tag-australia","tag-nhl","tag-pittsburgh-penguins","tag-sidney-crosby","tag-sports"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/100097","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=100097"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/100097\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/100098"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=100097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=100097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=100097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}