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Tampa Bay Lightning Could Shatter NHL Team Sale Record: 2 Stocks Investors Should Watch

Benzinga ·  Aug 15 03:34

The Tampa Bay Lightning could soon set a new record for the most expensive NHL team sale, with reports valuing the franchise at $2 billion. This would more than double the $950 million paid for the Ottawa Senators in 2023.

What Happened:The sale process of the Senators attracted several suitors including actorRyan Reynoldsand musicianSnoop Dogg, before being sold to Canadian billionaireMichael Andlauer.

A Sportsnet report says the Lightning have attracted a $2 billion valuation in a sale toDoug Ostrover, co-founder and CEO ofBlue Owl Capital(NYSE:OWL).

Current Lightning ownerJeff Vinik, who bought the team...

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