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. The Viniks champion many charitable organizations with emphasis on providing support for education, entrepreneurship, and the arts. Whitepages people search is the most trusted directory. At the time, Vinik was living in the Boston area and decided to reach out to the owners of the Red Sox, Bruins and Celtics to get some tips as to how he could begin his journey to owning an NHL franchise. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. Jeff and Penny reside in South Tampa and have four children: Danny, Jared, Kyra, and Joshua. In August of 2016, VFF presented The Beach Tampa by Snarkitecture, an immersive art installation featuring a 10,000 square foot, all-white beach environment with an ocean of 1.2 million recyclable white balls, in AMALIE Arena. LinkedIn sets this cookie from LinkedIn share buttons and ad tags to recognize browser ID. I dont think thats happened in the history of organized sports, laughs Tod Leiweke, who Vinik hired to be CEO months after buying the team. But I got a lot going on, Vinik continues with a big laugh. They played in an unfinished arena with few bells and whistles because they ran out of money when constructing the building in the mid-90s. 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. Jeff and Penny Vinik want to ensure theyre making an impact not just in the immediate term but 20 or 30 years from now. I hate to use the term non-traditional market, because theyre long past that description, but he just did it right in terms of establishing that team as a brand with their fan base. 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. Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies. Since 2011, the Lightning have honored a Community Hero at every game and presented that hero with a check for $50,000 to donate to a non-profit charity of their choice. He has extensive product and clinical development experience across a range of small molecule and biological products. It wasnt just getting swept in 2019, Vinik says. 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. We were irrelevant. 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. You also have the option to opt-out of these cookies. And now the goaltender is the greatest goaltender in certainly recent memory. Vinik laughs at the notion that it was a difficult decision to not blow things up. The website cannot function properly without these cookies. Set by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category . 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. We all have one go-round in life, so Im not going to predict what happens five, 10, 15 years from now. With construction underway to stabilize the business side, Vinik set his sights on the hockey side and needed to recruit a general manager who could bring the team back to being contenders. Im not shy in saying hes the best owner of hockey. In executing his plan to bring a world class franchise to life in Tampa Bay, Vinik has invested more than $100 million in private funding into the publicly owned AMALIE Arena to create a guest-first facility recognized as one of the finest in the NHL. I have been following the stadium developments, including the site selection, with great interest. She says she agrees that he may have exclusive use of the couples home in Sarasota while the divorce is pending. 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.. The financial destruction caused by the economic crisis forced many NHL owners to consider selling their franchise and at least five NHL teams were looking for new ownership (Arizona Coyotes, Carolina Hurricanes, Columbus Blue Jackets, Dallas Stars and Tampa). Viniks likable personality, generosity, passion and authenticity provide a refreshingly positive experience for those fortunate enough to cross paths with him. Julien came over to my house, we talked for 2 hours, and we he, since hes the boss came up with the brilliant idea not to blow it up, Vinik says, sarcastically. 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). They married in 1987 in Massachusetts, where Jeff Vinik rose to prominence in his 30s for his success growing Fidelity Investments flagship Magellan Fund from $20 billion to $55 billion. 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. After growing up in New Jersey and attending high school at Riverdale Country School in New York City, Vinik graduated from Duke University (1981) with a Bachelor of Science degree in Engineering and Economics. The Bolts were also the worst-performing team in the NHL between 2007 and 2010, putting together a miserable combined record of 89-118-39. Im always amazed at teams that fire a GM after three years. Ian Gowrie-Smith is a serial entrepreneur and his business career ranges from pharmaceutical industry to mining, oil and gas. Then his influence spread over Tampa Bay. More recently, Vinik purchased local newspaper ads, radio ads, and billboards to promote resources available for local residents affected by unemployment, small business struggles and food shortages due to COVID-19. Subscribe to The Athletic for in-depth coverage of your favorite players, teams, leagues and clubs. Vinik is at the team Christmas party and after every series win. It just had gone on sabbatical. To find out more see our. Then we got swept. In the end, the Lightning and the city of Tampa hit the ownership jackpot. It wouldve been very logical to buy the Panthers, or to try to, says Vinik, who had a home in Boca Raton, Fla., at the time. Related: Jeff Vinik, Lightnings Extraordinary Owner. With construction of phase one already underway, the district includes a School of Medicine for the University of South Florida, corporate office buildings, three Marriott hotel properties, residences, retail, restaurants, entertainment, and improved infrastructure. NHL owners are competitive by nature and dont make a habit of raving about each other, especially those who are monopolizing Stanley Cup Final appearances. On February 7, 2020, Griggs led the charge on the new naming rights of the Lightning's practice facility, TGH Ice Plex. Read More, In case of sale of your personal information, you may opt out by using the link Do Not Sell My Personal Information. That filing referred to the marriage as irretrievably broken. Renovating the arena and on-ice success helped build the brand rather quickly. We drafted Andrei Vasilevskiy. Although the marital estate is large, and the wifes equitable distribution will be substantial, most of the assets are controlled by the husband," the petition says. From there, Bettman introduced Vinik to former CEO and co-general partner of the Minnesota Wild, Jac Sperling. Together, they have been one of the areas leading philanthropic families. The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. Vinik, the owner of the Tampa Bay Lightning, recently donated more than $1 million to the V Foundation for Cancer Research. Before coming to Tampa Bay, Griggs spent nearly three years serving as executive vice president of sales and marketing for the Orlando Magic. These cookies ensure basic functionalities and security features of the website, anonymously. This cookie is set by GDPR Cookie Consent plugin. In September of 2019, through the Vinik Family Foundation, the Viniks donated $5 million to help IDEA Public Schools, a network of nationally acclaimed, tuition-free college preparatory public charter schools, launch four new schools in the Tampa Bay area. They were about to miss the playoffs for a third consecutive season and were accruing annual losses well into eight figures. This cookie is set by GDPR Cookie Consent plugin. Greg is leading a team to expand their product portfolio and the commercialization of Ga-68 THP-PSMA, a prostate cancer imaging diagnostic. Through the 2020-21 season, more than $23 million has been donated through the Community Heroes program to more than 750 local non-profits. You never know where things are going to go. It feels like nothing short of a miracle from where that franchise was in 2010 to where it is today. It was bleak there for a while, Vinik says. The Viniks have been one of the areas most active philanthropists. Most recently, Griggs played a pivotal role in the formation of Tampa Bay Entertainment Properties, LLC (TBEP) and its groundbreaking agreement with the University of South Florida on a 10-year multimedia rights partnership and facility management of the USF Sun Dome. Whenever something bad happens, and you believe in your team and your organization, and theres outside voices, you have to thine own self be true. And Im really, really proud of Jeff for being strong. After some deep thought, and a few glasses of wine, he targeted professional sports as his next pursuit. Hes built Tampa into a great hockey market.. Without elaboration, the petition says the marriage is irretrievably broken. This website uses cookies to improve your experience while you navigate through the website. The guy in the middle of it all was Jeff, Leiweke says. E: hello@theragnostics.com, Theragnostics Ltd, 21 Gloucester Place, London W1U 8HR | Registered in England with company number 08616211, 2022 Theragnostics | Terms of Use | Privacy Policy | Cookie Policy | Website by MIND, The https://www.theragnostics.com website uses cookies to help us run the website, track how users interact with the website, and for other purposes. There was nobody in Section 309, 10, 11, 12, 13, Griggs recalls. But this has all been hard to believe.. In Minnesota, Griggs' responsibilities included overseeing all Wild and MSE ticket sales and service, corporate sales and service, suite sales and service, retail operations as well as group and event suite sales. When we won the Presidents Trophy (in 2010) and we lost in the first round (to Montreal), the howls from media and some fan quarters were: Blow the team up. Griggs continues to play a significant role in the vast improvements being made each year to AMALIE Arena. He sunk $40 million of his own money into a county-owned arena with no recourse. It does not store any personal data. Red tide is back (again) in Pinellas County. He served on the board of directors for Liverpool Football Club of the Premier League from 20102013. When they had an off year or disappointing playoff, they didnt panic. Stay connected with the Lightning on social media! Prior to taking home the top honors, the Lightning were ranked in the Top 10 in 2011, 2012, 2014 and 2015. That series loss would have led to Coopers departure from many organizations. Between 2008 and 2009, Vinik became a sponge for information and, in addition to his own studies, leaned on his powerful network for advice and insight into the covert world of pro sports. 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 Leiweke. That is the goal, for our team, for our fans and for our community, says Katz, the Oilers owner. Hes done so much work in the stock market, hes used to ebbs and flows. Preference cookies enable a website to remember information that changes the way the website behaves or looks, like your preferred language or the region that you are in. The Lightning's community hockey department, Lightning Made, has opened new outdoor street hockey rinks across the Tampa Bay area, and is committed to opening 10 public outdoor street hockey rinks through their Build the Thunder 2.0 and Connect the Thunder programs. To be honest with you, were all happy for the guy because the sentiment amongst all of us is hes done it the right way. In 2008, Vinik began to ponder the next chapter of his life and what that would look like. We created a monster. https://t.co/tLVEvDzG4k, Alex Killorn, in his 10th season as a Lightning forward, says, Before I got here, it wasnt a great situation by any means, but with good drafting and with Mr. Vinik hiring the right people to manage the team, here we are.. Penny Vinik is the chair of a community arts initiative which is enabling Tampa Bay-based artists to display their works throughout AMALIE Arena. Prior to Griggs' arrival, the Lightning played to 83 percent capacity or less for two consecutive seasons before seeing a major turnaround at the gate and a major brand renaissance. In 2008, Vinik says ads and marketing campaigns annual losses well into eight figures to recognize browser ID mining. 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