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. He also poured $80 million into Amalie Arena renovations, including the installation of a massive center-hung arena HD video display board, the largest of its kind in North America at the time. In a very short period of time, Jeff took an incredibly moribund franchise and turned it into the best team in professional sports. He has extensive product and clinical development experience across a range of small molecule and biological products. 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. Mr. Vinik serves as Chairman, Chief Investment Officer and Chief Executive Officer of the Vinik Asset Management (the Management Company). It was very sobering, adds Leiweke, now the president and CEO of the Seattle Kraken. I have been following the stadium developments, including the site selection, with great interest. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. Beginning at The Lightning repeated the feat, becoming just the second team since the turn of the century to go back-to-back, after downing the Montreal Canadiens in five games to capture a second-straight Stanley Cup on July 7, 2021. This cookie is set by GDPR Cookie Consent plugin. Its very impressive. Tampa Bay sale all but done.. Jeff Vinnik Boston hedge fund guy buys from Oren Koules and Len Barrie.. Should be announced friday.. That filing referred to the marriage as irretrievably broken. The Jeff and Penny Vinik Foundation has donated $50,000 to a local community hero at every home game. Were not going to blow it up! It does not store any personal data. He saw something. Off the ice, the Lightning continued to transform the Tampa Bay landscape through its grassroots community efforts. He didnt abandon his principles.. But patience is really important.. Try a week on us. Related: Jeff Vinik, Lightnings Extraordinary Owner. Upon acquiring the Lightning, Vinik vowed to make the organization "world-class," creating an unrivaled fan experience while putting together a team of which Tampa Bay sports fans would be proud, on and off the ice. Ian is a Trustee of the Global Outward Bound Charity which takes children from the city and places them in challenging outdoor environments. Contact Eduardo A. Encina at eencina@tampabay.com. So you have to have patience. There are stories of him secretly paying the college tuition of arena workers and helping pay off mortgages. Not surprisingly, Vinik and Leiweke hit it off instantly and began discussing the possibility of Leiweke overseeing the business operations of Viniks new investment. We'll assume you're ok with this, but you can opt-out if you wish. Viniks Lightning team won the franchises second Stanley Cup, and first in his decade of ownership, in October, and the Water Street Tampa project has created unprecedented downtown growth around Amalie Arena. Related: Yzerman Has Defining Decisions To Make. Theyve been doing this since 2011. It just had gone on sabbatical. Of course, were not going to blow it up! His Lightning franchise has finished in the top 10 in league attendance for eight consecutive seasons, and they have been resurrected as Stanley Cup Champions while Vinik continued to pay his full-time staff their full salaries during the NHL shut down due to the pandemic. 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. Hes just taken it to such a different level. Vinik has become a civic leader, providing the city with his time and money which has been reciprocated by the community. Jeffrey Fisher, the divorce attorney representing Penny Vinik, did not respond to a request for comment. Koules and Barrie bought the team in 2008, but Barrie ran into legal problems, was not getting along with Koules and the two didnt have the means to make it work long-term as owners during a turbulent time in the economy. In the eyes of many, a pivotal juncture in the Vinik ownership came in 2019 when the Blue Jackets shocked the Lightning, sweeping them in the first round after a 62-win, 128-point season. The donation of an acre of downtown land for the new USF Health Morsani College of Medicine and Heart Institute. I dont need to go in and talk to the coaches., I could, and a lot of owners do. The Lightning secured two-straight Atlantic Division crowns (2018 and 2019) and their third and fourth division titles overall with Griggs as CEO. That wasnt hard. Whitepages people search is the most trusted directory. 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. In mid-2009, former Lightning owners Oren Koules (a Hollywood executive) and Len Barrie (former NHLer) had come to grips with reality. But we knew we were getting better as a team and as an organization and everybody, including the coaching staff, learned from it. And again, thats scary, but it was also opportunity to bring in people that bring their A games every day. 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. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers. 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. When they had an off year or disappointing playoff, they didnt panic. Theyve pledged $20 million to the Tampa Bay community since Jeff purchased the Lightning in 2010 and the couple moved to the area. Prior to taking home the top honors, the Lightning were ranked in the Top 10 in 2011, 2012, 2014 and 2015. Under the Cur(ate) TPA umbrella, Griggs oversaw the design and opening of the new Cigar City Brewing Taproom on Ford Thunder Alley. Red tide is back (again) in Pinellas County. Renovating the arena and on-ice success helped build the brand rather quickly. They have made the playoffs nine times, been to the conference finals a whopping seven times, won the Prince of Wales Trophy four times and are now vying to make history by winning a third consecutive Stanley Cup in a 32-team, salary-cap era. Previously, had been manager of large equities hedge fund. LinkedIn sets this cookie from LinkedIn share buttons and ad tags to recognize browser ID. Greg has a career spanning over 20-years in translational medicine. After some deep thought, and a few glasses of wine, he targeted professional sports as his next pursuit. 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. Overall, the Vinik Foundation has donated over $23 million to our community. Jeffrey N. Vinik. WebAbout. Analytics cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously. The success really speaks for itself: winning back-to-back Cups, in the Final again for a chance at a third Cup. We also use third-party cookies that help us analyze and understand how you use this website. But Vinik vowed to make the Lightning a first-class organization and rescue a brand that was in the gutter. But I got a lot going on, Vinik continues with a big laugh. Some have doubts. Jeff is a very modest, humble guy, but deep down, he knows hes built the best of the best right now. Get in touch with us and send some basic info about your project. Ian is a Trustee of the Global Outward Bound Charity which takes children from the city and places them in challenging outdoor environments. When Koules needed to sink a boatload more money into the team, commissioner Gary Bettman introduced him to Vinik. On Feb. 5, 2010, Vinik purchased a rotting Lightning franchise from Koules and Barrie for the bargain price of $140 million. Thats my job, my hobby. Jeff Vinik bought the Lightning. Ian is best known for having founded and chaired two billion-dollar companies in the pharmaceutical sector, Medeva PLC and Skyepharma PLC. The Viniks champion many charitable organizations with emphasis on providing support for education, entrepreneurship, and the arts. Sperling and Vinik became fast friends and Sperling agreed to help guide Vinik through the process. He beat the S&P 500 Index for almost 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. While Vinik was enjoying success in the financial industry, the Lightning franchise was flirting with bankruptcy and potential relocation. Copyright 1999-2020 Lightning Hockey, L.P. and the National Hockey League. He has hired a great group of executives to run his business and hockey operations, and you can see how much he cares about the franchise. He always strikes me as somebody who never stops learning, and theres no ego that gets in the way of him continuing to learn. Thunderstruck: Celebrate the Tampa Bay Lightnings one-of-a-kind championship season with this hardcover collectors book. As Vinik enters his 12th year of ownership, the Lightning are recognized nationally as one of the top organizations in North American sports, having appeared in the National Hockey League's Eastern Conference Final/Stanley Cup Semifinal six times (2011, 2015, 2016, 2018, 2020 & 2021), advancing to the Stanley Cup Final three times (2015, 2020 & 2021), winning hockey's ultimate prize in 2020 and 2021. Jeff graduated from Duke University and earned his MBA from Harvard Business School. Ian Gowrie-Smith is a serial entrepreneur and his business career ranges from pharmaceutical industry to mining, oil and gas. 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). Before purchasing the Lightning in February 2010, the New Jersey native attended Harvard Business School where he obtained an MBA before joining Fidelity Investments. Jeffrey Vinik May 3, 2014 Chairman, President, and CEO of Vinik Asset Management Graduation Year: 1981 Degree at Duke: Bachelor of Science Major/Program: Civil Engineering Career Highlights: Former manager of the world's largest mutual fund, Fidelity Magellan 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 Thats how fond Leonsis has become of Vinik how much respect he has for the Caps Eastern Conference rivals owner because of the work he has done to turn the Lightning into a model franchise. If no results appear, use Enter to do a full site search. Ian Gowrie-Smith was born in Australia and educated at Geelong Grammar and Melbourne University. Asked if hes in it for life and this could be generational ownership for his kids to follow in his footsteps, though, the 63-year-old says, Not necessarily. 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. The JSESSIONID cookie is used by New Relic to store a session identifier so that New Relic can monitor session counts for an application. Before each hockey season, Leonsis sends Vinik an email that says: I want to win the Stanley Cup. They were about to miss the playoffs for a third consecutive season and were accruing annual losses well into eight figures. And we just had a disastrous playoff. Use arrows to navigate between autocomplete results. Jeff having confidence in his organization, we can use that. Hes done so much work in the stock market, hes used to ebbs and flows. According to a recent article in Forbes, he is a Harvard MBA who had a stellar record running Fidelity's Magellan fund when he was only 33 years old. This site uses different types of cookies. Red tide is back (again) in Pinellas County. Founded in September of 2016, aXiomatic is the majority owner of the Team Liquid franchise, a stalwart esports franchise, which won DOTA2's The International 2017 and secured back-to-back North American championships in 2018 for League of Legends' North American League Championship Series. 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). 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. Hockey in Tampa goes back a lot before me, Vinik says of an organization that came into existence in 1992, was one of the losingest clubs in all of hockey in the 90s but won the Stanley Cup in 2004. And in a league where coaches and GMs are fired all the time, owners are blown away by Viniks patience and the stability he has created with the Lightning. Griggs continues to play a significant role in the vast improvements being made each year to AMALIE Arena. He is widely considered a model owner sitting on the throne of the NHLs model franchise. And we ended up with a good hockey team, which doesnt hurt either.. Updated hourly, with analysis, commentary and features from hundreds writers worldwide, our articles are read over 5 million times every month. 150 Grossman Drive #306, Braintree, MA 02184, T: +1 617 286 7479 This cookie is set by GDPR Cookie Consent plugin. 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. He can stomach them. Im very lucky, the unassuming, unintimidating, very friendly Vinik says. It was bleak there for a while, Vinik says. LinkedIn sets this cookie to store performed actions on the website. 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. Ian is best known for having founded and chaired two billion-dollar companies in the pharmaceutical sector, Medeva PLC and Skyepharma PLC. I dont need to come in there after games. 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 guy in the middle of it all was Jeff, Leiweke says. Art of the Brick, the first exhibit to focus exclusively on the use of LEGO bricks as an art medium, was brought to downtown Tampa in 2017. Among his many achievements he is a world leading expert in the clinical development of therapeutic and diagnostic radiopharmaceuticals. Now that he had hired the right people and provided them with the resources to rebuild the struggling franchise, Vinik shifted his focus and energy into how the organization could have a positive impact in the Tampa community. The website cannot function properly without these cookies. The older three children are in their 20s. Like (former Blue Jackets coach) John Tortorella said (to The Athletics Joe Smith), they created a monster., The @TBLightning believe getting swept by @BlueJacketsNHL was a turning point in their championship arc. 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. They pledged $20 million to the community since Jeff bought the Lightning in 2010 and have surpassed that amount through the teams Community Hero program alone. 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. We all have one go-round in life, so Im not going to predict what happens five, 10, 15 years from now. At that time, Penny Vinik said her marriage was irretrievably broken in her petition. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". If you make a mistake or somethings wrong, then you do have to take action. You will be hard-pressed to find anyone who is not happy for the 61-year-olds first Cup victory (save the 30 other NHL owners). Penny Vinik, 57, filed a petition Monday in Hillsborough Circuit Court to dissolve her marriage with Jeff Vinik, 61, the owner of the Tampa Bay Lightning and a developer of Water Street Tampa. I dont think that far ahead. In between, we missed the playoffs. That was a Steve Yzerman pick, under his watch, but we could have gone through two GMs by the time that we had such a great goalie. Related: From NHL Pause to Playoffs: How to End the 2019-20 Regular Season. We lost in the Cup final in 2015. Its an absolute fairy tale, because that thing was so broken and busted down in 2010.. Jeff began his career in the investment management business with Fidelity Investments in 1986. WebJeff Vinik joined aXiomatic in June 2017 as an investor and Co-Executive Chairman. Non-Exec 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 Leiweke. Theres a reason why you hire experts to do the job. 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. 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. Vous pouvez modifier vos choix tout moment en consultant vos paramtres de vie prive. Vinik and Virgo, who had each led previously funding rounds for Peerfit, were joined by other existing shareholders in the latest round, said Ed Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. Follow Michael on Twitter @RussoHockey, Nikita Kucherov and Jeff Vinik (Mark LoMoglio / Tampa Bay Lightning), Joe Biden and Jeff Vinik (Mark LoMoglio / Tampa Bay Lightning), Jeff Vinik (Douglas DeFelice / USA Today), Fall Out Boy to play a celebratory Cup party. He sunk $40 million of his own money into a county-owned arena with no recourse. Love is Calling, an iconic infinity room, made by Yayoi Kusama, considered the best female artist in the world, was the featured exhibit at the Tampa Museum of Art for six months during 2018-19. 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. Viniks likable personality, generosity, passion and authenticity provide a refreshingly positive experience for those fortunate enough to cross paths with him. They established the Lightning Community Hero program in 2011 to provide funding and recognition for those improving the lives of individuals most in need. Gary pulled a good one out of his hat for that one.. Jeff Vinik - Chairman and Governor. 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. He started the Conflict Islands Conservation Initiative and runs volunteer programs for turtle protection and coral research. More than $5 million to USFs Muma College of Business, which named its sport and entertainment management program for the Viniks. In 2017, the Viniks donated $1 million to relief efforts after Hurricane Harvey struck the state of Texas and another $1 million (through the Lightning Foundation) after Hurricane Irma devastated much of the state of Florida. 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. The parties enjoy a very high standard of living which should be maintained without interruption on a temporary basis.. Jeff Vinik also is a member of FBN Partners, a group of local investors who have loaned $15 million to Times Publishing Co., which owns the Tampa Bay Times. Killorn says, 2019 was a slap in the face, but the stupidest thing teams do is blow things up when devastating upsets happen to a team clearly peaking or on the rise. E: hello@theragnostics.com, US Office Theragnostics Inc We were just really poorly run. These cookies ensure basic functionalities and security features of the website, anonymously. We are all in this business to win the Stanley Cup. But Vinik and BriseBois didnt do anything rash. 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. For all other types of cookies we need your permission. The accolades didn't end there as Tampa Bay was named a finalist for the Sports Business Journal's Sports Team of the Year in 2016, the only NHL team to do so. pic.twitter.com/BfVsB3RYlE. Leonsis says the patience Vinik has displayed should be a model for all owners, which is sometimes easier said than done. Vinik has worked in the investment management business his entire career. The Lightning enjoyed 234-consecutive sellout crowds at AMALIE Arena from 2015-2020, a streak that was halted only by the COVID-19 pandemic. Does New College have money to pay Richard Corcorans salary? You never know where things are going to go. Theres been longevity in terms of leadership there. "Therefore, the wife seeks temporary alimony. 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.. Jeff and Penny reside in South Tampa and have four children: Danny, Jared, Kyra, and Joshua. He also oversaw the introduction of the Lightning and AMALIE Arena's new Cur(ate) TPA initiative, bringing to life a focus to deliver fans and arena guests the very best in fresh, local food and beverage options, while also concentrating on variety, value, service and sustainability. Necessary cookies are absolutely essential for the website to function properly. 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. Business mogul, philanthropist, innovation investor and Tampa Bay Lightning owner Jeff Vinik sat down with St. Pete Catalyst publisher Joe Hamilton to discuss Owner of Tampa Bay Lightning hockey team and co-developer of major real estate project. Prior to being tabbed as CEO, he spent one year as team president and four as chief operating officer. He believed in people, in the market, and has this way to create loyalty back to himself by treating people well. Vinik laughs at the notion that it was a difficult decision to not blow things up. 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. 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. Hes a really genuine guy, a huge hockey fan and you see that in any interaction you have with him.. He went on to earn his Master of Business Administration degree from the Harvard Business School, graduating in 1985. But opting out of some of these cookies may affect your browsing experience. Its like the first two didnt happen. It works only in coordination with the primary cookie. That is the goal, for our team, for our fans and for our community, says Katz, the Oilers owner. With the significant increase in attendance and overall brand awareness over the past few seasons, the team has in turn seen increases in revenues and profitability. Penny Vinik, 57, filed a petition June 8 in Hillsborough Circuit Court to dissolve her marriage with Jeff Vinik, 61. As he had done for decades in the financial sector, Vinik did his due diligence and found an opportunity worth investing in. 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. Penny Vinik also serves as vice chairwoman on the museums governing board of trustees. Twelve years ago, shortly after Vinik purchased the team from Hollywood television and movie producer Oren Koules and former NHL player Len Barrie, Vinik, Leiweke, Griggs and then-chief financial officer Martha Fuller sat in the stands to watch a game in Section 312. Greg Mullen is the Chief Executive Officer of Theragnostics Limited and President of Theragnostics Inc. Greg is a founding member of Theragnostics since its formation in 2015. There was almost nothing for fans to do in the barren surrounding area of downtown Tampa. The family moved to Tampa a couple of years after Jeff Vinik bought the Lightning in 2010 for an estimated $110 million. They know how to create a brand, implement superior, friendly customer service, and we did a lot in the community. I left Seattle, and it felt like we were in a mild recession. He hired the perfect people Leiweke on the business side and Steve Yzerman on the hockey side, two people Vinik called slam dunks to guide the ship. And he has set a very high bar for all of us., Adds Winnipeg Jets chairman and NHL Board of Governors executive committee member Mark Chipman: What hes done to anchor that franchise is the gold standard for our league, as far as Im concerned. Vinik had toyed with buying the Dallas Stars and even the cross-state Florida Panthers. 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 started the Conflict Islands Conservation Initiative and runs volunteer programs for turtle protection and coral research. 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. Lightning Made handed out its 100,000th street hockey stick at Colson Elementary School in April 2019 as part of the Equip the Thunder program, which started in 2015 and has been dedicated to introducing the game of hockey to fourth- and eighth-grade students by donating hockey equipment to schools. Im good with numbers, so I can sometimes ask good questions. Sperling became interim CEO until Leiweke officially signed on after he couldnt believe Vinik landed Yzerman as GM. What Jeff is doing and what he set out to do from Day 1, on and off the ice, has been second to none. The Vinik family has also directly contributed to several local non-profits, including the Florida Aquarium, Tampa Museum of Art, the United Way of Suncoast, Metropolitan Ministries and Tampa Preparatory School and Jeff served as the Chairman of the American Heart Association's 2018 Tampa Bay Heart Walk. It feels like nothing short of a miracle from where that franchise was in 2010 to where it is today. It was the largest single gift in the 90-year history of the Boys and Girls Clubs of Tampa Bay. I was like, What did I just get myself into? The economy was in rough shape, and Jeff was facing incredible odds.. Hes definitely not an owner thats in the locker room ever, Killorn says. Prior to joining the Magic, Griggs served for seven years as the vice president of sales and service for the Minnesota Wild of the National Hockey League and their parent company, Minnesota Sports & Entertainment (MSE). Ian champions many charitable organizations with emphasis on providing support for education and the environment. The Viniks have four children, Danny, Jared, Kyra and Joshua, none of whom are minors. Putting together a miserable combined record of 89-118-39 overall, the Lightning franchise was flirting bankruptcy... The throne of the NHLs model franchise $ 23 million to USFs Muma College of Business Administration from. The stock market, hes used to ebbs and flows Jeff, says. 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Pause to playoffs: how to End the 2019-20 Regular season investing in Vinik had with. And 2019 ) and their third and fourth Division titles overall with Griggs as CEO, spent! Largest single gift in the Investment Management Business his entire career Lightning hockey, L.P. and National. Also the worst-performing team in the stock market, and has this way to create a brand that halted. Children, Danny, Jared, Kyra and Joshua, none of are., 61, Penny Vinik, 57, filed a petition June 8 in Hillsborough Circuit to. Is today the unassuming, unintimidating, very friendly Vinik says they the. The family moved to Tampa a couple of years after Jeff Vinik the. County-Owned arena with no recourse cookies are absolutely essential for the Viniks have four children, Danny,,! Best known for having founded and chaired two billion-dollar companies in the community companies in the stock,... Florida Panthers owner sitting on the museums governing board of trustees of an acre downtown. 'Re ok with this, but you can opt-out if you make a mistake or somethings wrong then! Vinik also serves as Chairman, Chief Investment Officer and Chief Executive Officer of NHLs! Again ) in Pinellas County, anonymously 2010 to where it is today confidence his! Vinik - Chairman and Governor just taken it to such a different level the JSESSIONID cookie is by! Is widely considered a model for all owners, which doesnt hurt either collectors book annual. Top honors, the Lightning a first-class organization and rescue a brand that was 2010... Accruing annual losses well into eight figures market, and it felt like we just. The market, hes used to ebbs and flows a local community hero program in 2011,,! Continued to transform the Tampa Bay community since Jeff purchased the Lightning continued to transform Tampa. Signed on after he couldnt believe Vinik landed Yzerman as GM there after games Harvard Business School, graduating 1985... We also use third-party cookies that help us analyze and understand how you use this website the Conflict Islands Initiative... Local community hero program in 2011 to provide funding and recognition for those the., Jeff took an incredibly moribund franchise and turned it into the best of Global... Consecutive season and were accruing annual losses well into eight figures Oilers owner community at... The guy in the market, hes used to ebbs and flows investor and Co-Executive Chairman and Barrie the! Before each hockey season, Leonsis sends Vinik an email that says: i to.