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Blue Jackets Notes: Fantilli, Provorov, Forward Depth

August 28, 2025 at 8:58 am CDT | by Brennan McClain 4 Comments

There’s no question that the Columbus Blue Jackets have one of the cleanest cap tables in the league, especially for how competitive they’re expected to be in the 2025-26 season. Still, as their younger players continue to age, the Blue Jackets are getting closer to potentially having to make difficult decisions, and their extension negotiations with Adam Fantilli will have a major impact on their salary hierarchy moving forward.

Despite having a somewhat disappointing rookie season, albeit limited by injuries, the third overall pick of the 2024 NHL Draft responded well last season, scoring 31 goals and 54 points in 82 games while averaging 17:29 of ice time per game. Fantilli still needs to improve in the faceoff dot and on the defensive side of the puck, but being a 30-goal scorer at 20 years old is nothing to scoff at.

In a recent interview with James Murphy of RG Media, Blue Jackets’ General Manager Don Waddell spoke about the upcoming negotiations with Fantilli, saying, We’re going to talk here in the next couple of weeks. Pat Brisson is his agent, and we’re going to do some face-to-face meetings. When these kinds of players are up and these kinds of deals need to be made, I think you need to be in front of each other. I think you make a lot more progress than just over the phone. So that’s always been my theory, and Pat’s the same way. I’ve done a lot of deals over the years with Pat, so we’ll be fine and sit down face-to-face and get this done. As we get closer to training camp, I think we’ll be much further ahead, and we have some dates already planned that we’ll meet, so let’s go from there.”

There technically shouldn’t be any rush on Columbus’s end, given that Fantilli is a few years away from even becoming arbitration-eligible. Still, for the sake of cost certainty and having one of their core pieces locked up long-term, the Blue Jackets are eyeing a long-term extension with Fantilli in the coming weeks.

Waddell also spoke about a separate extension this offseason. On the eve of free agency this summer, Columbus re-signed defenseman Ivan Provorov to a seven-year, $59.5MM contract, which represented only a $1.75MM yearly increase on his previous deal. Despite reports at the time indicating that Provorov might seek a larger deal on the open market, Waddell explained in the interview that there was no real concern he’d leave the organization.

Murphy quoted Waddell, saying, “Well, the good thing is I was in dialogue regularly with Mark Andler, his agent, and there’s a lot of outside noise, but Mark kept telling me, and Provorov too, that his first choice was to stay here in Columbus.” Waddell explained that although Provorov’s cap hit may seem high, he believes it will look more favorable as the salary cap increases. Additionally, Provorov’s preparation for each season is expected to enhance his longevity throughout the duration of the contract.

Lastly, Waddell touched on his excitement over the depth the Blue Jackets brought in this summer, particularly on offense. The team specifically targeted Charlie Coyle as a right-handed center and believes his leadership skills will prove a boon to the younger players on the roster.

Meanwhile, the team’s General Manager also remarked about the skill level of Miles Wood on the offensive side of the puck and Isac Lundeström’s skill on the defensive side of the puck. All three additions are expected to maintain important roles for the Blue Jackets this season and help the team return to the postseason for the first time since the 2020 Stanley Cup playoffs.

Columbus Blue Jackets Adam Fantilli| Charlie Coyle| Don Waddell| Isac Lundestrom| Ivan Provorov| Miles Wood

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Simon Després Signs With LNAH’s Saint-Hyacinthe Bataillon

August 26, 2025 at 4:03 pm CDT | by Brennan McClain 2 Comments

A former first-round pick of the 2009 NHL Draft is returning to his native Quebec to continue his professional playing career. In a team announcement, the LNAH’s (Ligue Nord-Américaine de Hockey) Saint-Hyacinthe Bataillon shared that they’ve signed defenseman Simon Després to a contract for the 2025-26 season.

Després was selected by the Pittsburgh Penguins a few weeks after the organization reached its first Stanley Cup Final since the 1991-92 season. The Laval, Quebec native was playing for the QMJHL’s Saint John Sea Dogs at the time, finishing his tenure with the team after the 2010-11 season, during which he managed 25 goals and 134 points in 240 games, including six additional goals and 39 points in 58 postseason contests.

Given that the team had won the Stanley Cup in 2009 and continued as one of the best teams in the league for the next few years, there was no need for the Penguins to rush one of their top prospects to the NHL level. Still, despite spending most of his time with their AHL affiliate, the Wilkes-Barre/Scranton Penguins, Pittsburgh gave Després plenty of opportunity to make his mark at the game’s top level.

Unfortunately, no such impact was made, at least on the offensive side of the puck. Over the next three and a half years, Després partook in 144 games as a Penguin, scoring five goals and 33 points with a +27 rating while averaging 15:54 of ice time. Pittsburgh had been looking for more offense from Després. Still, he was a sneakily positive defensive option, maintaining a 53.2% CorsiFor% (CF%) at even strength, and a 92.8% on-ice save percentage (oiSV%) at even strength, while also averaging nearly two hits per game.

Regardless, the Penguins felt they had seen everything they needed to regarding Després’ future with the organization, and they finally traded him to the Anaheim Ducks in 2015 for defenseman Ben Lovejoy, who had been a teammate of Després in the first two years of his NHL career. Unbeknownst to Després at the time, his move to Orange County would mark the end of his NHL career.

Severely limited by concussions, Després finished with one goal and 10 points as a Duck from the trade in 2015 to the end of the 2016-17 campaign. It’s difficult for any player, especially one who hasn’t established himself as a legitimate talent, to recover after nearly two years away from the game. Despite a five-game stretch with the AHL’s Laval Rocket during the 2018-19 season, Després has spent the rest of his professional career overseas, recently scoring six goals and 29 points in 52 games with the EIHL’s Glasgow Clan last season.

Transactions Simon Despres

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NHL Expecting More Slow-Moving Offseasons

August 21, 2025 at 8:00 pm CDT | by Brennan McClain 11 Comments

For better or worse, the salary cap’s upper limit increase has not led to much movement this summer. In a recent interview with RG Media, an NHL executive, who has chosen to remain anonymous, believes offseasons like these will become the modus operandi for the foreseeable future.

The anonymous executive bluntly said, “Teams will do a good job of locking up their own players. Everybody in the league, except for a few teams, had a lot of cap space, and I think going forward, if you like a player, there’s no reason why you wouldn’t try to keep them yourself.”

Similarly, the executive furthered their original point, saying, “Sometimes teams look to make these changes, but sometimes it’s better not to make many changes and keep the guys you believe in because they know their character, work ethic, and how they get along with their team. It makes more sense than going out and getting something that you’re not sure about.”

It doesn’t take long to prove their point, either. Taking a look back at our Top 50 Projections from 2023, eight players out of the top 10 (nine if you’re including Patrice Bergeron choosing to retire) left their respective clubs that offseason. Similarly, in 2024, seven out of our top 10 projected unrestricted free agents headed for greener pastures. This year? Only two.

Given that the salary cap will rise by the same percentage year on year for the next few seasons, there’s no reason to believe anything will change moving forward. Hypothetically speaking, the only way it may change is if the trio of Connor McDavid, Jack Eichel, and Kirill Kaprizov heads to the open market next summer. If their respective clubs aren’t interested in a sign-and-trade, as the Vegas Golden Knights did with the Toronto Maple Leafs this offseason for Mitch Marner’s services, then teams may be inclined to keep their pocketbooks full to take a run at a game-changing talent.

Still, there’s no expectation that either of the three will become unrestricted free agents in less than a year, with most reporting suggesting that each will sign long-term extensions with their respective clubs. Should that be the case, next year’s free agent class will look similarly to this year’s, forecasting another eerily slow summer.

NHL Salary Cap

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Snapshots: Penguins Ownership, Canucks, Pradel

August 21, 2025 at 6:07 pm CDT | by Brennan McClain 6 Comments

A few days ago, a report from Sportsnet’s Elliotte Friedman suggested that a new prospective owner for the Pittsburgh Penguins had emerged in the Hoffmann Family of Companies. In a subsequent report from Jason Mackey and Matt Vensel of the Pittsburgh Post-Gazette, the two allege that there’s much more smoke than previously believed.

According to the article and the multiple sources listed, the Hoffmann Family has a decisive lead on the other interested group led by Mario Lemieux, and may have already encouraged the Fenway Sports Group (FSG) to sell their entire stake in the Penguins since the Hoffmann Family is willing to pay the $1.75BB, on line with Forbes’ valuation of the franchise. There has been considerable secrecy throughout the sale process. Still, the sources listed by Mackey and Vensel believe that the Hoffmann Family has already signed a letter of intent with FSG.

It’s important to note that a letter of intent doesn’t necessarily confirm a sale. It simply allows the interested party an exclusive negotiating window and allows them a deeper look into the organization’s financials in good faith. Still, if the Hoffmann Family is seriously considering the full $1.75BB price for the Penguins, it’ll be hard for another buyer to come forward with a better offer.

Additional snapshots:

  • Drawing nearer to the start of training camp and preseason, the Vancouver Canucks announced a few changes to their Hockey Operations department. In a public announcement, General Manager Patrik Allvin revealed three significant staff changes: Brian Hamilton has been promoted to Head Equipment Manager, Ian Beckenstein has been appointed as the Video Coach, and Taylor Phillips has taken on the role of Executive Assistant of Hockey Operations. In terms of outside hires, the team brought in Evan Mathias as the Assistant Video Coach.
  • Recent draft pick of the Detroit Red Wings, Michal Pradel, will remain with the USHL’s Tri-City Storm for another year rather than join the WHL’s Regina Pats. According to a report from Kevin Allen of DET Hockey Now, Pradel will stay with the Storm so that he can play under the tutelage of former Red Wings Assistant Coach John Torchetti, who was named Tri-City’s new head coach this offseason. Although he spent much of the year in his native Slovakia, Pradel appeared in 14 games for the Storm last season, securing a 9-4-0 record with a .899 SV% and 2.41 GAA.

Detroit Red Wings| Pittsburgh Penguins| Snapshots| USHL| Vancouver Canucks Michal Pradel

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Avalanche Sign Victor Olofsson

August 20, 2025 at 11:16 am CDT | by Brennan McClain 2 Comments

Aug. 20: Olofsson’s deal will pay him $1.575MM this season, PuckPedia reports. The team quickly confirmed his signing.

Aug. 19: According to a report from PuckPedia, the Colorado Avalanche are zeroing in on a one-year deal with unrestricted free agent forward Victor Olofsson. Olofsson represented one of the few remaining quality scoring options on the free agent market.

It’ll be a second straight one-year contract for Olofsson. He joined the Vegas Golden Knights last summer on his first trip through unrestricted free agency, reuniting with his former linemate with the Buffalo Sabres, Jack Eichel. He didn’t spend much of his time on the top line with Eichel, but he had a much better season than he did a year prior, scoring 15 goals and 29 points in 56 games, averaging 14:30 of ice time per night.

Still, it would’ve been difficult for Olofsson to have a worse season than his final year with the Sabres. In his last year with the club during the 2023-24 campaign, Olofsson mustered seven goals and 15 points in 51 games. It was objectively the worst season of his professional career, including his time in the Swedish Hockey League from 2013 to 2018.

It obfuscated the successful run he had with the Sabres earlier in his career. From 2019 to 2023, Olofsson was one of the better secondary scorers in the league, managing 81 goals and 163 points in 257 games with the Sabres. Furthermore, given that 56 of those points came on Buffalo’s power play, Olofsson was a notable offensive weapon with a man advantage.

The Avalanche have been stockpiling depth assets for the better part of two years now, and it’s easy to understand why. Colorado has dealt with considerable injury issues throughout the last few seasons, necessitating their need for more NHL-ready options. Last season, the Avalanche used 49 different players throughout the regular season, though they still finished the season as one of the better teams.

This means that Olofsson could have more access to playing time than he might otherwise expect. He’s certainly a better option for the Avalanche to use regularly than their recent acquisition, Daniil Gushchin, and is objectively a better option than Ivan Ivan.

Colorado Avalanche| Newsstand| Transactions Victor Olofsson

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Evening Notes: Gillies, O’Connor, Nardella

August 19, 2025 at 7:45 pm CDT | by Brennan McClain Leave a Comment

A former third-string option at the NHL level enjoyed his time in the ECHL so much last season that he wants another go at it. According to a team announcement, the ECHL’s Orlando Solar Bears have signed netminder Jon Gillies for the 2025-26 campaign.

Despite being in the professional ranks for the last decade, Gillies is best known for his work at the collegiate level. Putting together an impressive season with the NCAA’s Providence College, Gillies managed a 24-13-2 record in 39 games with a .930 SV%, 2.01 GAA, and four shutouts during the 2014-15 season. Gillies played so well behind the Friars that they were able to win the first National Championship in program history.

He put together a few good years with the AHL’s Stockton Heat, but couldn’t replicate the success he had in college. From 2015 to 2023, Gillies managed a 78-71-32 record in 184 appearances with a .904 SV% and 2.94 GAA with the Calgary Flames, New Jersey Devils, St. Louis Blues, Arizona Coyotes, and Columbus Blue Jackets organizations. He played in seven games for the Solar Bears last season.

Other notes from this evening:

  • The Colorado Avalanche are getting some good news from one of their better bottom-six players. According to AJ Haefele of the DNVR Avalanche podcast, Logan O’Connor’s recovery from surgery is going ahead of schedule. He posits that O’Connor should only miss between 10 and 16 games, which would forecast his return to early November, nearly a month earlier than expected.
  • The AHL’s Manitoba Moose are adding some veteran experience to their coaching staff for the upcoming season. Earlier today, the team announced that they’ve hired Bob Nardella as an assistant coach for the 2025-26 AHL season. Nardella has spent more than a decade with the AHL’s Chicago Wolves, moving from the team’s skills coach to the assistant coach before serving as the head coach last year.

AHL| Colorado Avalanche| ECHL| Tampa Bay Lightning| Winnipeg Jets Jon Gillies| Logan O'Connor

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Adam Raška Signs With HC Sparta Praha

August 19, 2025 at 5:46 pm CDT | by Brennan McClain Leave a Comment

After six years playing in North America, forward Adam Raška is returning to his native Czechia. According to a team announcement, the Extraliga’s HC Sparta Praha has signed Raška for the 2025-26 season.

Today’s signing marks the conclusion of Raška’s unimpressive professional career in North America. He was drafted 201st overall in the 2020 NHL Draft by the San Jose Sharks. During his draft season, he had a quietly successful campaign with the QMJHL’s Rimouski Océanic, scoring 13 goals and 21 points in 35 games.

Aside from a brief loan to HC Oceláři Třinec in 2020-21, Raška spent another year with the Océanic, scoring 12 goals and 25 points in 22 games, including another three goals and six points in eight postseason contests. Still, that’s the last time he’s registered much offensive success in his career.

Raška transitioned to the professional ranks a year later, scoring five goals and 14 points in 49 games for the AHL’s San Jose Barracuda. Still, it didn’t take long for the Sharks to realize what they had in Raška, as they allowed him the opportunity to debut in the NHL that same year.

He quickly became a hard-nosed forward who was willing to play aggressively, with nearly zero offensive potential. There’s definitely a place for that at the NHL level, but Raška took too many penalties and never turned into a true shutdown forward. Two years ago, the Sharks traded Raška to the Minnesota Wild along with a 2026 fifth-round selection for defenseman Calen Addison.

Similar to his time in the Bay Area, Raška spent much of his time with the Wild’s AHL affiliate, the Iowa Wild, with limited NHL action. He played primarily for Iowa last season, scoring five goals and 14 points in 56 games with 83 PIMs. He’s planning on staying true to his roots in his transition back to Czechia, saying, “My biggest advantage is being such a jerk on the ice. Making the opponent’s game uncomfortable and making room for our guys to play better.“

Czech Extraliga| Transactions Adam Raska

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The Significance Of Sergei Fedorov’s Jersey Retirement

August 19, 2025 at 4:10 pm CDT | by Brennan McClain 7 Comments

Earlier today, the Detroit Red Wings announced that they’d be lifting Sergei Fedorov’s No. 91 to the rafters in a game against the Carolina Hurricanes in mid-January of the upcoming campaign. As much as Fedorov has earned the honor, it marked a significant shift in attitude from the organization toward the former Russian star.

Fedorov’s story with the Red Wings began in the 1989 NHL Draft after being selected with the 74th overall pick, which fell in the fourth round at the time. Under the leadership of General Manager Jim Devellano, Detroit became one of the first clubs to target Russian players in the draft. At the time, most of the league viewed this strategy as a fool’s errand due to the significant challenges players faced in defecting from the Soviet Union.

Thanks to the efforts of writer Keith Grave and Jim Lites, who was Detroit’s Executive Vice President at the time, the team encouraged Fedorov to defect from the Soviet Union and leave his CSKA Moscow club. Ultimately, Fedorov did both things, leaving the 1990 Goodwill Games with Lites on a plane to Detroit.

Fedorov started playing for the Red Wings in the 1990-91 NHL season and never looked back. He drew praise from around the league almost immediately, scoring 31 goals and 79 points in 77 games during his rookie campaign. Unfortunately, it wasn’t enough to win the Calder Trophy that season, but Fedorov quickly became one of, if not the most talented, players in the league.

His talent reached its peak during the 1993-94 season, when Fedorov scored 56 goals and 120 points in 82 games, en route to winning the Hart Memorial Trophy, Frank J. Selke Trophy, and Lester B. Pearson Award (later renamed the Ted Lindsay Award). This season serves as the last time a player for the Red Wings has been crowned as the league’s MVP.

His dominance continued for the next two years, helping Detroit reach its first Stanley Cup Final in nearly three decades. The Red Wings weren’t able to top the summit, but they had now cemented themselves as a force to be reckoned with throughout the NHL world.

They wouldn’t have to wait long for that championship. During the 1996-97 season, consequently, the third year of the famed ’Russian Five’ made up of Fedorov, Igor Larionov, Vyacheslav Kozlov, Viacheslav Fetisov, and Vladimir Konstantinov, the Red Wings won their first Stanley Cup since 1955 against the Philadelphia Flyers. Unfortunately, this was the informal beginning of the end of Fedorov’s tenure in Detroit.

To contextualize, the Red Wings’ owner at the time, Mike Illitch, was beloved by his players. Illitch demonstrated an insatiable desire to win, immediately making him one of the most revered owners in sports by his fan base. The loyalty he showed to his players was one of his best qualities; however, it became the wedge that began prying Fedorov away from HockeyTown, as Illitch required a reciprocal loyalty in return.

Becoming a restricted free agent before the 1997-98 season, Fedorov held out for a new contract with Detroit. He ultimately decided to sign a $38MM contract with the Hurricanes, which included some questionable signing bonuses. Carolina included a $14MM signing bonus for simply putting pen to paper, another $2MM bonus for reaching the 21-game plateau during the 1997-98 campaign, and a whopping $12MM bonus if his team were to make the Conference Final that season, which was put in to dissuade the Red Wings from matching the offer.

Not to be outspent by anyone, Illitch and the Red Wings reluctantly matched the offer, but ended up paying Fedorov $28MM in signing bonuses by the end of the campaign, which still stands as the largest amount ever given to an NHL player. Fedorov went on to win two more Stanley Cups with the Red Wings (1998 and 2002), though the recent contractual holdout severely tarnished his relationship with Detroit’s ownership.

This culminated in Fedorov’s departure from the Red Wings after the 2002-03 NHL season, signing with the Mighty Ducks of Anaheim on a five-year, $40MM contract. It was the nail in the coffin for any relationship between Detroit’s ownership and Fedorov, as the Russian superstar reportedly rejected a five-year, $50MM contract and a four-year, $40MM contract to remain in Detroit. Since that time, despite winning an MVP award, three Stanley Cups, and being a dominant force in the league, the Red Wings and their fans harbored no affection for Fedorov over the next two decades.

As the old moniker goes, time has healed the wounds between Detroit and Fedorov. He suited up for the team during the 2013 Winter Classic Alumni Game and received a warm welcome from the Detroit faithful at a ceremonial puck drop in 2015 after his induction into the Hockey Hall of Fame. It’s important to note that despite his number not being officially retired until this season, no Red Wing has donned No. 91 since the 2002-03 campaign.

There may still be several fans of the Red Wings, particularly those who experienced the team’s greatness in the late 1990s and early 2000s, who will never forgive Fedorov for leaving. Still, despite featuring alumni such as Gordie Howe and Steve Yzerman, there’s a strong argument that Fedorov is the most talented player to ever don the ’Winged Wheel’, and the organization is rightfully honoring him as they should have long ago.

Photo courtesy of Julian H. Gonzalez, Detroit Free Press. 

Detroit Red Wings| Pro Hockey Rumors Originals Sergei Fedorov

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Snapshots: Valentini, Thornton, Nikishin, Wilsby

August 18, 2025 at 4:59 pm CDT | by Brennan McClain Leave a Comment

Initially announced by the OHL’s Kitchener Rangers and later confirmed by the University of Michigan, a top prospect for the 2026 NHL Draft will play for a different team next season. Adam Valentini will be joining the Wolverines next season rather than the Rangers.

The Toronto native is projected to be a late first-round pick in the 2026 NHL Draft, but his prospect ranking could rise following his performance with Team Canada at the Hlinka Gretzky Cup. He finished the tournament with four goals and nine points in five games, after scoring 17 goals and 39 points in 58 games with the USHL’s Chicago Steel.

Moving from the OHL to the NCAA will be a significant risk for Valentini. If he performs well against much older competition, he could find his way into being a late lottery selection. Still, if the transition goes poorly, Valentini could fall out of the first round altogether. Furthermore, with the Wolverines having one of the youngest rosters in the Big Ten Conference next season, there’s no guarantee the team around him can lift him if he falters.

Other snapshots:

  • According to a post on his LinkedIn, and shared by Ty Anderson of 98.5 The Sports Hub, former NHL enforcer Shawn Thornton is moving on from his position with the Florida Panthers. Despite not sharing the next role of his career, Thornton had been working as the Senior Vice President of Hockey Operations for the Panthers for the last four years. Without speculating too much on his next chapter, it’s realistic to think that Thornton has found another role in hockey operations elsewhere.
  • In a new interview with Daria Tuboltseva of RG Media, Carolina Hurricanes Alexander Nikishin spoke at length about his preparation for what’s expected to be the first full season in the NHL this upcoming year. Up to this point, Nikishin only has four postseason games under his belt from the 2024-25 Stanley Cup playoffs, but he did play the entire regular season with the KHL’s SKA St. Petersburg. In the interview, he spoke about how seriously he’s taking his preparation for the upcoming campaign, saying, “I want to train properly. My first NHL experience was a lesson – I realized what I need to work on. Now it will be easier because I already know the guys, the staff, the locker room, how practices go. I can’t wait for the season, but preparation is the key. I want to be as useful for the team as possible, without being the weak link.“
  • A few weeks ago, reports emerged that Nashville Predators defenseman Spencer Stastney considered retiring last summer. Similarly, a new interview between Rasmus Kågstrom of Hockeysverige and defenseman Adam Wilsby indicates that the latter was considering a return to his native Sweden rather than continue his pursuit of an NHL role. As things turned out, Wilsby spent most of his time playing for the Predators last season and has a decent chance to make the team out of training camp this September. In the interview, Wilsby was quoted as saying, “Of course, I started thinking about where I would take the next step. At the same time, I felt like I wasn’t quite done with the US yet. I felt like it would either work out, or I would probably end up going to Europe. It’s great that it paid off.“

2026 NHL Draft| Carolina Hurricanes| Florida Panthers| NCAA| Nashville Predators| Snapshots Adam Valentini| Adam Wilsby| Alexander Nikishin| Shawn Thornton

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New Ownership Potential Emerges For Pittsburgh Penguins

August 18, 2025 at 3:29 pm CDT | by Brennan McClain 1 Comment

Aside from the quality of their roster and potential moves of several veterans in the lineup, one of the main storylines from the Pittsburgh Penguins this summer has been that Fenway Sports Group (FSG), the majority owner of the Penguins franchise, is interested in selling a portion of the team. Up to this point, the former ownership group, led by franchise icon Mario Lemieux, has been the only entity to have expressed interest in purchasing the minority stake, and potentially even the majority share of the franchise should the opportunity arise.

According to Sportsnet’s Elliotte Friedman, another interested party has emerged. The Hoffmann family, composed of David and his son Geoff, the owner of the ECHL’s Florida Everblades, has thrown their hat in the ring for ownership of the Penguins. Although Forbes doesn’t know the exact net worth of anyone unless personally disclosed, they’ve projected Hoffmann’s net worth to be approximately $2 billion.

If that’s the case, Hoffmann would likely require external assistance instead of using his assets for a loan, considering the Penguins’ projected value is approximately $1.75 billion. Lemieux sold the team to FSG in 2021 for a reported $900 million, meaning that the franchise has nearly doubled in perceived value in four years.

It could come as a surprise that FSG would be willing to sell the Pittsburgh-based franchise only four years after its acquisition, but it’s not entirely without precedent for the ownership group. In 1999, the group purchased the MLB’s Miami Marlins for $150 million, and sold it in 2002 for an $8.5 million profit. Due to the exponential increase in the value of sports franchises in the current market, FSG would realize a significant profit if it opted for a full sale.

Still, there is no guarantee that FSG is willing to sell its entire stake in the franchise. Friedman reported that although Hoffmann is interested in purchasing a part of the Penguins, there is still much to be done, and the deal is far from completion. Additionally, considering his ties to the organization and his contributions to the franchise throughout his career, along with their previous agreements, Lemieux and his team might have the advantage despite the new competition.

Pittsburgh Penguins

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