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. Griggs was instrumental in generating the team's "Be the Thunder" campaign that has galvanized the fan base and served as a rallying cry to fans both at the games and in the community. You could get in the door for as little as $2 or find a free ticket if you happened to pick up your dry cleaning or walk into the right grocery store at the right time, but still there was little support. There are probably a few owners who would be well served to study the notes Vinik took back in 2008. Griggs continues to play a significant role in the vast improvements being made each year to AMALIE Arena. Fire the coach. In 2021 he became a two-time Stanley Cup Champion after the Lightning captured back-to-back titles. 1 team in professional sports in the media giant's Ultimate Standings (also ranking in the Top 10 in six of seven years), as well as by the Sports Business Journal as one of five finalists for Sports Team of the Year in 2016 and 2020. Without elaboration, the petition says the marriage is irretrievably broken. The Viniks have been one of the areas most active philanthropists. 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. 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. WebVinik Family Foundation (VFF) is a private foundation created and managed by Jeff and Penny Vinik. 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. Jeff has given the organization the support, year in, year out, to compete for the Cup and also build the fan base. Ian champions many charitable organizations with emphasis on providing support for education and the environment. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. at Georgetown University School of Medicine and a J.D. Lightning's Jeff Vinik profiled as NHL's model owner 6.21.2022 When Vinik bought Lightning for reported $170M in '10, the team had 2,000 full season-ticket holders and little corporate support Getty Images UK Office Theragnostics Ltd These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Theyve also given more than $5 million to USFs Muma College of Business, which named its sports and entertainment management program for the Viniks. Hes built Tampa into a great hockey market.. 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 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. Want more of our free, weekly newslettersinyourinbox? He oversees all of the organization's business operations, including all concerts and events held at AMALIE Arena. To make matters worse, the US was struggling to navigate its way through the most devastating economic crisis since the Great Depression, and Florida was among the states hardest hit. Well, we were ahead 3-2 in both series and lost Games 6 and 7. Jeff is a very modest, humble guy, but deep down, he knows hes built the best of the best right now. Additionally, under the umbrellas of the Vinik Family Foundation and the Lightning Foundation, Jeff and his wife Penny have invested nearly $40 million in Tampa Bay area charities through a variety of programs and donations, the most notable being the Lightning Community Heroes program, in which $50,000 is donated to worthy individuals and their non-profits of choice at each Bolts home game. 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. But the location of the building is just too isolated. 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. Even watching him watch a game, he doesnt get emotional, Griggs says. But opting out of some of these cookies may affect your browsing experience. 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. She says she agrees that he may have exclusive use of the couples home in Sarasota while the divorce is pending. Sperling and Vinik became fast friends and Sperling agreed to help guide Vinik through the process. Professor Ken Herrmann is Chair of the Department of Nuclear Medicine at the Universittsklinikum Essen in Germany. 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. An immersive, experiential work of art,LOVE IS CALLING invites visitors to enter a mirrored room with tentacle-like soft sculptures featuring with Kusama's signature polka dots and changing colors hanging from the ceiling and positioned on the floor. Copyright 2020 Axiomatic Gaming, LLC | Website Design By AOEcreative.com, This website uses cookies to improve your experience. 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. Tampa Bay, a sunbelt team, was a solid hockey town on paper. 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. Fifty large to a person or charity that does noble work in our community. 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. So I choose to let it run, let the people do their job. After phase one of his plan was complete, the newest member of the NHL owners club had to get to work and quickly. Analytical cookies are used to understand how visitors interact with the website. Since the outbreak of the COVID-19 pandemic, the couples donations to coronavirus relief efforts have approached $2 million. Jeff Vinik joined aXiomatic in June 2017 as an investor and Co-Executive Chairman. Tampa Bay Lightning owner Jeff Vinik has purchased the top-floor penthouse at the Tampa Edition for $8.34 million. For all other types of cookies we need your permission. Griggs first joined the organization as COO on August 31, 2010. The first abatement was granted on June 29, just three months after Penny Vinik, 57, filed for divorce. Jeff right now is the most respected of the ownership brethren, Washington Capitals owner Ted Leonsis tells The Athletic. Theyve pledged $20 million to the Tampa Bay community since Jeff purchased the Lightning in 2010 and the couple moved to the area. Estimates of Jeff Viniks net worth in 2013 were in the $500 million range, though he has added substantially to his business interests since then. Julien says this about Cooper: Theres no reason that a coach has to have a shelf life. Often that is the case for a lot of reasons that we know, but it doesnt have to be that way. WebIn 1996, he left Fidelity to establish his own firm, Vinik Asset Management, a long-short equities hedge fund based in Boston where he grew assets under management from I was like, What did I just get myself into? The economy was in rough shape, and Jeff was facing incredible odds.. Hes fulfilled every promise he made to the fan base, says Koules, who is still a Lightning fan. He has experience developing businesses in energy distribution, mining and investment management. Vinik has become a civic leader, providing the city with his time and money which has been reciprocated by the community. Jeffrey Vinik's career as an investment guru has had more twists and turns than San Francisco's famed Lombard Street. The fan base was there. LinkedIn sets this cookie to remember a user's language setting. Thats everything., Im not jealous, the Capitals owner says. I have been following the stadium developments, including the site selection, with great interest. 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. 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. In August of 2018, the Viniks helped cut the ribbon on the $2.5 million Jeff and Penny Vinik Family Winston Park Boys and Girls Club in east Tampa. 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. 1 in ESPN's "Ultimate Standings" in September 2016. At Theragnostics, Greg has been instrumental in raising capital via grant funding and private investment. Ian is best known for having founded and chaired two billion-dollar companies in the pharmaceutical sector, Medeva PLC and Skyepharma PLC. 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. Thunderstruck: Celebrate the Tampa Bay Lightnings one-of-a-kind championship season with this hardcover collectors book. Griggs and his wife, Janell, have a daughter, Maddie, and a son, Jack. Thats really dire. Penny Vinik has made a substantial contribution to the acquisition of the parties assets and the produce of income throughout this 33-year marriage, the petition says. But if we cant, I hope its you. Thats how fond Leonsis has Vinik now sits as a member of the Executive Committee of the National Hockey League's Board of Governors. 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. WebVerified contact information for Jeff Vinik - Chairman & Governor, Tampa Bay Lightning Hockey Club including email address, phone number and personality insights that will $1 million to preserve the Jackson House, a run-down but historic Tampa rooming house that hosted black civil rights leaders and entertainers during segregation. Beginning at Fidelity Investments he went on to helm the Magellan Fund before leaving to establish his own firm, Vinik Asset Management, a long-short equities hedge fund. 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. 1 Sans Walk, London EC1R 0LT, T: +44 (0)20 3355 1546 Stay connected with the Lightning on social media! Any one of us would love to be in his shoes right now, for sure, but hes one of the most respected owners Ive ever been around., And Edmonton Oilers owner Daryl Katz: Jeff is a leader amongst NHL owners for what he has accomplished in Tampa both on and off the ice. They know how to create a brand, implement superior, friendly customer service, and we did a lot in the community. Griggs' name is engraved twice on the Stanley Cup to memorialize those achievements. Yzerman hired Julien BriseBois away from the Montreal Canadiens and made him assistant GM. 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. After several long phone calls and a trip to Detroit, Vinik got his man and Yzerman brought instant credibility to a franchise in peril. 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. They were about to miss the playoffs for a third consecutive season and were accruing annual losses well into eight figures. The petition to dissolve the marriage of 33 years was filed this week in Hillsborough County. Hes a really genuine guy, a huge hockey fan and you see that in any interaction you have with him.. 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. But I remember saying, Well, its nota bad thing its like this, because if were going to get our revenues up two X, three X from where they are now, we have plenty of seats to put people in.. She is represented by West Palm Beach divorce attorney Jeffrey Fisher, whose previous clients have included Angela Koch in her divorce from billionaire oil tycoon William Koch and Brooke Gordon in her divorce from NASCAR champion Jeff Gordon. He started the Conflict Islands Conservation Initiative and runs volunteer programs for turtle protection and coral research. WebJeffrey N. Vinik (born March 22, 1959) is the current owner of the Tampa Bay Lightning (NHL) and a minority owner of the Boston Red Sox (MLB). The Viniks have four children, Danny, Jared, Kyra and Joshua, none of whom are minors. Insert commas between addresses: email1@address.com, email2@address.com. 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. This cookie is set by GDPR Cookie Consent plugin. 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. Leonsis says the patience Vinik has displayed should be a model for all owners, which is sometimes easier said than done. 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From there, Vinik committed to a variety of programs including a $3 billion investment in the Water Street project to revitalize the citys downtown core. It was a lot of heartbreak, but were we really going to fire Jon Cooper? He saw something. It just had gone on sabbatical. Penny Vinik seeks divorce from Lightning owner Jeff Vinik, Lightning broadcaster Rick Peckham to receive Foster Hewitt Memorial Award. Ian is a Trustee of the Global Outward Bound Charity which takes children from the city and places them in challenging outdoor environments. SARASOTA - His hockey team is in the Hes an unbelievable owner. 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. In 2007, Greg joined the Department of Imaging Chemistry and Biology at Kings College London and his research group developed several imaging diagnostics for precision medicine in autoimmunity, heart disease and oncology. Informations sur votre appareil et sur votre connexion Internet, y compris votre adresseIP, Navigation et recherche lors de lutilisation des sites Web et applications Yahoo. Subscribe to The Athletic for in-depth coverage of your favorite players, teams, leagues and clubs. It was Viniks family who designed the Lightnings spectacular Stanley Cup rings on a pair of cocktail napkins. 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. A $50,000 grant is given out at each home game to the community heros charity of choice. 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. Tampa Bay Lightning and tampabaylightning.com are trademarks of Lightning Hockey L.P. NHL, the NHL Shield, the word mark and image of the Stanley Cup and NHL Conference logos are registered trademarks of the National Hockey League. In 2012 Greg joined Oxford Immunotec as Research and Development Director where he was responsible for expanding their diagnostic product pipeline in chronic infections and autoimmunity. Julien and I talk probably once every week to two weeks and he just updates me on whats going on. 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. Vinik was born to a Jewish family in Deal, New Jersey. And, building a winning franchise is also a recipe for success off the ice, especially in U.S. markets. Its an absolute fairy tale, because that thing was so broken and busted down in 2010.. And Vinik made clear that despite Tampa Bays incredible amount of success over the past decade, it hasnt all been highs. I think that is the heart of Jeffs success, and its not easy to do in our world, Chipman says. Set by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category . A large portion of the population had an affinity for a game usually reserved for northern US states and Canadian provinces. Today, Griggs runs the business side and BriseBois the hockey side, so theres never been any upheaval only consistency in the organizations two most important leadership positions. 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. TAMPA, Fla. Lets be honest: There are 31 NHL teams out there with owners who have every right to be envious even jealous of what Jeff Vinik has accomplished in his 12 years of owning the Tampa Bay Lightning, not only on the ice but off it. Vinik and his franchise became Stanley Cup Champions on September 28, 2020 when the Lightning defeated the Dallas Stars in six games after spending 65 days in the pandemic-induced NHL "Bubble." These cookies track visitors across websites and collect information to provide customized ads. The couple met at a bar and restaurant when Jeff Vinik was a Harvard graduate student and she was working at an international consulting firm in Cambridge. There was nobody in Section 309, 10, 11, 12, 13, Griggs recalls. And we just had a disastrous playoff. I ran the Lightning until we brought in the cavalry, Sperling says, before snickering. 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. He is also 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. At build-out, the project will encompass 56 acres around Amalie Arena, including the site of the ConAgra flour mill, and 9 million square feet of development, including 3,500 residences, two new office towers, three hotels and about 13 acres of parks. Mainly, we talk budgets. LinkedIn sets this cookie from LinkedIn share buttons and ad tags to recognize browser ID. Steve Griggs is entering his seventh season as chief executive officer of Vinik Sports Group after being named to the position on July 24, 2015. Vinik had no shortage of options and the newly formed duo began conducting market research on the various teams and marketplaces. The turnaround was nothing less than spectacular. The JSESSIONID cookie is used by New Relic to store a session identifier so that New Relic can monitor session counts for an application. They established the Lightning Community Hero program in 2011 to provide funding and recognition to those improving the lives of individuals most in need. Its very impressive. After some deep thought, and a few glasses of wine, he targeted professional sports as his next pursuit. The patience hes shown with (Cooper), its the same thing in the front office. Nous, Yahoo, faisons partie de la famille de marques Yahoo. It feels like nothing short of a miracle from where that franchise was in 2010 to where it is today. 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. But Vinik vowed to make the Lightning a first-class organization and rescue a brand that was in the gutter. So you have to have patience. Get in touch with us and send some basic info about your project. In 2020, Griggs spearheaded the creation of the Vinik Sports Group, which serves as the parent company for the Tampa Bay Lightning, the lease holding entity for AMALIE Arena and other sports and entertainment assets, while becoming the umbrella brand for three new business verticals: VSG Commercial Sales, VSG Facilities and VSG Live. I think of the dressing room as the players living room, Vinik says. 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. If you had told me 12 years ago that Id own a hockey team, that Id be living in Tampa Bay, that wed be winning Stanley Cups, going to the White House, doing a real estate venture with Bill Gates, I wouldve said, Who is this person?, I never try to plan out too much. September 2016 for education and the newly formed duo began conducting market research on the Stanley Cup to memorialize achievements. Filed for divorce 's famed Lombard Street engraved twice on the Stanley Cup after. Know, but it was a solid hockey town on paper coach has to have daughter! ( VFF ) is a very modest, humble guy, a sunbelt team was... A winning franchise is also a recipe for success off the ice, in. Just too isolated in Hillsborough County analytical cookies are used to understand how visitors interact with website! 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