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. I was glad when the cavalry arrived. 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. Ian is a Trustee of the Global Outward Bound Charity which takes children from the city and places them in challenging outdoor environments. Copyright 2020 Axiomatic Gaming, LLC | Website Design By AOEcreative.com, This website uses cookies to improve your experience. 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. 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 for those improving the lives of individuals most in need. Founded in 2009, The Hockey Writers is a premier destination for news and information on everything hockey. Just in the Everglades.. Read More, In case of sale of your personal information, you may opt out by using the link Do Not Sell My Personal Information. Vinik wooed Leiweke from the Seattle Seahawks to be his first full-time CEO and made Yzerman GM after the Hall of Famer put together the gold-medal-winning Canadian roster at the 2010 Winter Olympics. Vinik is widely known for investing in emerging technologies and innovative companies throughout Tampa Bay. In February 2010, Koules, Barrie and the Lightning faithful got exactly what they wanted, and so desperately needed.Tampa Bay sale all but done.. Jeff Vinnik Boston hedge fund guy buys from Oren Koules and Len Barrie.. Should be announced friday.. Daren Millard (@darenmillard) February 5, 2010. We also use third-party cookies that help us analyze and understand how you use this website. Im actually taking notes. Penny and Jeff have filed an abatement to the divorce proceedings as they work on reconciling their marriage, Bill Wickett, a spokesman for Jeff Vinik, told the Tampa Bay Times in an email. He has extensive product and clinical development experience across a range of small molecule and biological products. UK Office Theragnostics Ltd Greg has a career spanning over 20-years in translational medicine. He wound down VAM in 2013 to focus on his Under Griggs' guidance, the Bolts have also continued to see a significant boost in corporate partnerships driven by key sponsorship renewals, new business growth and in-market brand and retail activations. Griggs continues to play a significant role in the vast improvements being made each year to AMALIE Arena. Limit 5. Theyve been doing this since 2011. 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 It was Viniks family who designed the Lightnings spectacular Stanley Cup rings on a pair of cocktail napkins. For all other types of cookies we need your permission. Without elaboration, the petition says the marriage is irretrievably broken. 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 built Tampa into a great hockey market.. This cookie is set by GDPR Cookie Consent plugin. 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. I dont think thats happened in the history of organized sports, laughs Tod Leiweke, who Vinik hired to be CEO months after buying the team. They know how to create a brand, implement superior, friendly customer service, and we did a lot in the community. He started the Conflict Islands Conservation Initiative and runs volunteer programs for turtle protection and coral research. He is on the board of Sofie Biosciences. It took some time, but Leiweke eventually agreed to take on the role of Lightning CEO and he got started rebuilding their business operations. Theyve pledged $20 million to the Tampa Bay community since Jeff purchased the Lightning in 2010 and the couple moved to the area. The $189 million medical school building is an anchor for the $3 billion Water Street Tampa project, which Vinik is developing in partnership with Cascade Investment, the private wealth fund of Microsoft co-founder Bill Gates. Vinik had no shortage of options and the newly formed duo began conducting market research on the various teams and marketplaces. He didnt abandon his principles.. 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. WebVerified contact information for Jeff Vinik - Chairman & Governor, Tampa Bay Lightning Hockey Club including email address, phone number and personality insights that will Ian champions many charitable organizations with emphasis on providing support for education and the environment. Despite all that early turmoil, all the stress as the team tried to navigate the turbulent waters, there was the steady hand of Vinik. That filing referred to the marriage as irretrievably broken. It just had gone on sabbatical. Griggs' name is engraved twice on the Stanley Cup to memorialize those achievements. The older three children are in their 20s. LinkedIn sets the lidc cookie to facilitate data center selection. "Be the Thunder" entered its 10th consecutive season in 2020-21, further demonstrating its staying power and paying tribute to the Lightning's passionate fan base, making them part of the team. Baden co-founded and remains a Director of the UKs largest biomethane transport infrastructure company, CNG Fuels, which was founded in 2014. In addition, the team has added several new best-in-brand local, national and international partners including Cigar City Brewing, Pepsi, Grant Thornton and Ling Long Tires. En cliquant sur Refuser tout, vous refusez tous les cookies non essentiels et technologies similaires, mais Yahoo continuera utiliser les cookies essentiels et des technologies similaires. Fire the coach. 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. Jeff is a very modest, humble guy, but deep down, he knows hes built the best of the best right now. LinkedIn sets this cookie to store performed actions on the website. The Lightning's success under Vinik has coincided with the emergence of a development company, Strategic Property Partners (SPP), LLC and its plan to develop approximately 60 acres in downtown Tampa's south core into a new district entitled 'Water Street Tampa'. That wasnt hard. These cookies ensure basic functionalities and security features of the website, anonymously. 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. 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. 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. 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. Many of the Viniks marital assets, according to the petition, are titled in the names of business entities such as partnerships, limited liability corporations, foundations and trusts. 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. 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). 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. 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. He beat the S&P 500 Index for almost The guy in the middle of it all was Jeff, Leiweke says. Then we got swept. Thats my job, my hobby. We hired brilliant people in Tod Leiweke and Steve Griggs. They played in an unfinished arena with few bells and whistles because they ran out of money when constructing the building in the mid-90s. There was a lot going on with Len Barrie and myself, and as anybody doing any business in Florida in 08, 09 and 10 knows, it was tough going, Koules, the creator of the Saw movie franchise and producer of the former hit show Two and a Half Men, says. That series loss would have led to Coopers departure from many organizations. You may have heard of Vinik. Yuengling & Son, America's Oldest Brewery, who has maintained a facility near the university since 1999. 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. 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. It does not store any personal data. Vous pouvez modifier vos choix tout moment en consultant vos paramtres de vie prive. His business career ranges from pharmaceutical industry to mining, oil and gas. Theres a reason why you hire experts to do the job. Subscribe to The Athletic for in-depth coverage of your favorite players, teams, leagues and clubs. WebView phone numbers, addresses, public records, background check reports and possible arrest records for Jeffrey Vinik. Both Pittsburgh and Washington, we lost in seven to both of them in the conference final. Jeff closed his Boston firm in 2013, to focus on business and philanthropic interests in Tampa. When a prospective owner reaches out to NHL commissioner Gary Bettman to inquire about taking on a franchise, Bettman sends them to Tampa to learn from Vinik. Vinik, the owner of the Tampa Bay Lightning, recently donated more than $1 million to the V Foundation for Cancer Research. This cookie is installed by Google Analytics. LinkedIn sets this cookie from LinkedIn share buttons and ad tags to recognize browser ID. 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. Before purchasing the Lightning in February 2010, the New Jersey native attended Harvard Business School where he obtained an MBA before joining Fidelity Investments. Penny and Jeff Vinik, a Tampa Bay power couple, have put their divorce proceedings on hold for now, filing for a 90-day pause. What a ride this has been for Vinik, 63, who struck it rich in the hedge fund business then decided to reinvent himself and Googled, How to buy a sports team. A dozen years later, he ended up sitting behind the Resolute Desk in the Oval Office and told by president Joe Biden to make himself comfortable during a White House visit to celebrate his teams two championships. In 2008, Vinik began to ponder the next chapter of his life and what that would look like. It was the largest single gift in the 90-year history of the Boys and Girls Clubs of Tampa Bay. But if we cant, I hope its you.. 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 50 years old or so, 12, 13 years ago, my life changed in a direction I could not have imagined. But patience is really important.. If you make a mistake or somethings wrong, then you do have to take action. Some cookies are placed by third party services that appear on our pages. Like, Ive never said, We have to trade for that player. I would never think to do that, Vinik says. Enter Search Term. The Official Site of the Tampa Bay Lightning. But Viniks cohorts have grown to respect his humility, his wit, his brain, his ability to hire talented people and his acts of kindness, which are legendary in Tampa. 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. Hes fulfilled every promise he made to the fan base, says Koules, who is still a Lightning fan. Please provide a valid email address. Thats really dire. 1 Sans Walk, London EC1R 0LT, T: +44 (0)20 3355 1546 In between, we missed the playoffs. We drafted Andrei Vasilevskiy. WebJeff Vinik: Chairman and Governor Jeff Vinik purchased the Tampa Bay Lightning on March 3, 2010, promising a comprehensive transformation of the franchise while pledging 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). The Viniks champion many charitable organizations with emphasis on providing support for education, entrepreneurship, and the arts. He uprooted his family his wife, Penny, and four children to Tampa, made the Lightning his full-time job and has become one of the citys biggest philanthropists. A large portion of the population had an affinity for a game usually reserved for northern US states and Canadian provinces. Congrats Erin Addio of the 1Voice Foundation for being named the Lightning Community Hero tonight! By 2009, the organization was losing tens of millions of dollars, had one of the lowest season ticket bases in the NHL (4,500 season ticket holders) and played in a facility that needed significant upgrades. Vinik and his wife have four kids: three boys, ages 31, 30 and 21, and one girl, age 28. In mid-2009, former Lightning owners Oren Koules (a Hollywood executive) and Len Barrie (former NHLer) had come to grips with reality. Ian has also invested in the mining, oil and gas sectors, with exploration and production activities in Vietnam, Papua New Guinea and Zambia. 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. at Georgetown University School of Medicine and a J.D. 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. Want more of our free, weekly newslettersinyourinbox? It doesnt happen by chance. One of Tampa Bays most active philanthropic couples is reconciling their marriage. They owned a losing franchise, both on and off the ice, they were disconnected from their fan base and they needed a way out. But opting out of some of these cookies may affect your browsing experience. But Vinik wasnt overcome with regret or fear. Michael is a four-time Minnesota Sportswriter of the Year and in 2017 was named the inaugural Red Fisher Award winner as best beat writer in the NHL. He became a star at Fidelity and went on to manage their world-renowned Fidelity Magellan Fund in the mid-1990s, earning investors a whopping 17% in average annual returns. Vinik probably gets this measured, calm approach from his business life. I dont think that far ahead. 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. He has covered the NHL since 1995 (Florida Panthers) and the Wild since 2005, previously for the South Florida Sun-Sentinel and Minneapolis Star Tribune. Almost immediately, Vinik began researching everything he could find on owning and running a professional sports team. 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. The cookie is used to store the user consent for the cookies in the category "Other. We lost in the Cup final in 2015. If theres anything Ive learned over the last 12 years, I think Im pretty good at hiring people.. Ian Gowrie-Smith is a serial entrepreneur and the Chairman of Theragnostics. Red tide is back (again) in Pinellas County. I couldnt be prouder with what hes done to the organization. Updated hourly, with analysis, commentary and features from hundreds writers worldwide, our articles are read over 5 million times every month. $5 million to the endowment at the Tampa Museum of Art to support the position of executive director. Ian is a Trustee of the Global Outward Bound Charity which takes children from the city and places them in challenging outdoor environments. We extended the abatement another two months this week, Jeff Vinik told the Times in September. 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. There are stories of him secretly paying the college tuition of arena workers and helping pay off mortgages. Ian has also invested in the mining, oil and gas sectors, with exploration and production activities in Vietnam, Papua New Guinea and Zambia. 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. The first abatement was granted on June 29, just three months after Penny Vinik, 57, filed for divorce. There was nobody in Section 309, 10, 11, 12, 13, Griggs recalls. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. Ian focuses on investing in private sector opportunities and taking them to the public markets. The case was withdrawn by Penny Vinik, who in June filed a petition to dissolve her marriage to 61-year-old Jeff Vinik, the Tampa Bay Lightning owner and Water Street Tampa project developer. 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Insert commas between addresses: email1@address.com, email2@address.com. 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. You also have the option to opt-out of these cookies. 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. TAMPA Tampa Bay power couple Jeff and Penny Vinik have officially reconciled their marriage, ending divorce proceedings on Tuesday in Hillsborough County Circuit Court. He oversees all of the organization's business operations, including all concerts and events held at AMALIE Arena. After several long phone calls and a trip to Detroit, Vinik got his man and Yzerman brought instant credibility to a franchise in peril. In Minnesota, Griggs' responsibilities included overseeing all Wild and MSE ticket sales and service, corporate sales and service, suite sales and service, retail operations as well as group and event suite sales. Whitepages people search is the most trusted directory. When Koules needed to sink a boatload more money into the team, commissioner Gary Bettman introduced him to Vinik. Fifty large to a person or charity that does noble work in our community. Youll get a roundup of the biggest Tampa community news twice a week. Its very impressive. Michael can be seen on Bally Sports North and the NHL Network; and heard on KFAN (100.3 FM) and podcasts "Worst Seats in the House" (talknorth.com), "The Athletic Hockey Show" on Wednesdays and "Straight From the Source" (The Athletic). After phase one of his plan was complete, the newest member of the NHL owners club had to get to work and quickly. Three crowd-pleasing art installations: the Beach Tampa at Amalie Arena in 2016, the free collection of Lego sculptures known as the Art of the Brick in 2017, and Yayoi Kusamas Love is Calling to the Tampa Museum of Art in 2018. Nous, Yahoo, faisons partie de la famille de marques Yahoo. This cookie is set by GDPR Cookie Consent plugin. Dr Dennis Langer has served as a director of both public and private biotechnology, pharmaceutical and diagnostic companies, and has an extensive pharmaceutical company background. 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. Yzerman hired Julien BriseBois away from the Montreal Canadiens and made him assistant GM. $2.5 million to renovate and expand a Boys and Girls Club recreation center in the Palm River area. It was bleak there for a while, Vinik says. Renovating the arena and on-ice success helped build the brand rather quickly. The Viniks have been one of the areas most active philanthropists. The Viniks champion many charitable organizations with emphasis on providing support for education, entrepreneurship, and the arts. LinkedIn sets this cookie to remember a user's language setting. Vinik and Yzerman had inherited a couple of future Hall of Famers and budding stars in Steven Stamkos and Victor Hedman, and in Viniks first full year as owner and Yzermans first as GM, the Lightning advanced all the way to the Eastern Conference final before losing to the Boston Bruins in seven games. Penny Tampa Bay Lightning owner Jeff Vinik has purchased the top-floor penthouse at the Tampa Edition for $8.34 million. $20.1 million through the Lightnings Community Heroes program, which since 2011 has made $50,000 grants to nonprofits at each of the teams home and playoff games. 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