PITTSBURGH — Fenway Sports Group is looking to explore a potential sale of a minority ownership stake in the Pittsburgh Penguins.
Channel 11 confirmed it is unclear what percentage of the team Fenway is looking to sell, but the company is expected to retain controlling interest.
Fenway bought controlling interest of the Penguins in 2021 for $900 million from Ron Burkle and franchise legend Mario Lemieux, who had bought the team and saved it from bankruptcy in 1999.
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