Stay connected with the Lightning on social media! In 2018, TBEP also launched The Identity Tampa Bay, an on-demand digital network that offers local lifestyle, entertainment and sports content in multiple forms, including a newsletter, digital media and streaming services. 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. 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. Overall, the Vinik Foundation has donated over $23 million to our community. Hes very generous and makes sure everyone is taken care of, says Killorn, who points out that the only time players see Mr. The Lightning enjoyed 234-consecutive sellout crowds at AMALIE Arena from 2015-2020, a streak that was halted only by the COVID-19 pandemic. After some deep thought, and a few glasses of wine, he targeted professional sports as his next pursuit. Ian acquired the Conflict Islands atoll in Papua New Guinea and is a passionate conservationist, dedicated to preserving the natural beauty and diverse, revered ecosystem of the islands. Theyve also given more than $5 million to USFs Muma College of Business, which named its sports and entertainment management program for the Viniks. You also have the option to opt-out of these cookies. 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. Hes definitely not an owner thats in the locker room ever, Killorn says. In 2013 he closed his firm to focus his efforts on his growing business interests in Tampa including one of the citys leading sports properties. Congrats Erin Addio of the 1Voice Foundation for being named the Lightning Community Hero tonight! 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. 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. 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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. We also use third-party cookies that help us analyze and understand how you use this website. Julien and I talk probably once every week to two weeks and he just updates me on whats going on. There are probably a few owners who would be well served to study the notes Vinik took back in 2008. I got to Florida and it felt like we were in a mild depression. 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. The last coach to beat Tampa Bay in a playoff series John Tortorella can see it. It was obvious at the time that we had a good thing going. 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. He previously served as CEO of Neose Technologies, Inc.; was President of Dr Reddys North American business; and was Senior Vice President of Research and Development at GlaxoSmithKline plc. Gary pulled a good one out of his hat for that one.. He sunk $40 million of his own money into a county-owned arena with no recourse. We want to be able to do what they did., (Top photo: Douglas P. DeFelice / Getty Images). Its very impressive. He and his wife, Penny, have donated millions and millions of dollars to local causes, colleges and charities. It took Vasilevskiy five or six years to hit his prime. Times staff writer John Martin contributed to this report. Records the default button state of the corresponding category & the status of CCPA. Then we got swept. Theyve been doing this since 2011. Theyve given $1 million to Metropolitan Ministries for food and rent assistance and nearly $1 million more to civic relief funds in Tampa and St. Petersburg, help for University of South Florida students, an aid awareness campaign and a fund for Lightning employees. Tampa Bay Lightning owner, and most recent Stanley Cup champion, Jeff Vinik is the exception to the rule. Mainly, we talk budgets. This site uses different types of cookies. For all other types of cookies we need your permission. Griggs and his wife, Janell, have a daughter, Maddie, and a son, Jack. 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 has experience developing businesses in energy distribution, mining and investment management. At 50 years old or so, 12, 13 years ago, my life changed in a direction I could not have imagined. 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. The Aurora, Ontario native also worked for Maple Leaf Sports & Entertainment (MLSE), the NBA's Toronto Raptors (1994-99) and the NHL's Toronto Maple Leafs (1998-99) as the director of ticket sales and service, where he led the sales and relocation efforts from historic Maple Leaf Gardens into Air Canada Centre in Toronto. 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 a very short period of time, Jeff took an incredibly moribund franchise and turned it into the best team in professional sports. Their research produced some interesting results. Does New College have money to pay Richard Corcorans salary? Ian is a Trustee of the Global Outward Bound Charity which takes children from the city and places them in challenging outdoor environments. 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. The first Cup, when Tampa Bay beat Dallas in the Edmonton bubble, Vinik was at home in Cape Cod with his family. They know how to create a brand, implement superior, friendly customer service, and we did a lot in the community. Ian acquired the Conflict Islands atoll in Papua New Guinea and is a passionate conservationist, dedicated to preserving the natural beauty and diverse, revered ecosystem of the islands. 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 The Jeff and Penny Vinik Foundation has donated $50,000 to a local community hero at every home game. If she has not withdrawn the petition by Sept. 24, the divorce litigation will resume. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The guy in the middle of it all was Jeff, Leiweke says. New Bucs offensive coordinator Dave Canales staff nearly set, As Tampa Bay sales grow, sport bike maker Ducati plans giant dealership. Red tide is back (again) in Pinellas County. 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. He started the Conflict Islands Conservation Initiative and runs volunteer programs for turtle protection and coral research. Prior to being tabbed as CEO, he spent one year as team president and four as chief operating officer. Please provide a valid email address. WebAbout. 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. He oversees all of the organization's business operations, including all concerts and events held at AMALIE Arena. Greg is leading a team to expand their product portfolio and the commercialization of Ga-68 THP-PSMA, a prostate cancer imaging diagnostic. 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. 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 Ian champions many charitable organizations with emphasis on providing support for education and the environment. This cookie is set by GDPR Cookie Consent plugin. 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). 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. I ran the Lightning until we brought in the cavalry, Sperling says, before snickering. Vinik had toyed with buying the Dallas Stars and even the cross-state Florida Panthers. Tampa Bay Lightning owner Jeff Vinik has purchased the top-floor penthouse at the Tampa Edition for $8.34 million. In addition to his primary business interests in Tampa Bay, Vinik maintains interests in several other entities, including aXiomatic, a Los Angeles-based esports and gaming company of which he is co-executive chairman. I dont need to go in and talk to the coaches., I could, and a lot of owners do. 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. 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. During his time in Orlando, Griggs oversaw the Magic's corporate partnerships, premium sales and services, season ticket services and operations, brand management, event presentation and ticket sales departments. Im worried theyll unanimously vote in a rule that prohibits teams from Florida to win the Stanley Cup, Vinik jokes. E: hello@theragnostics.com, US Office Theragnostics Inc Were not going to blow it up! I have been following the stadium developments, including the site selection, with great interest. During Griggs' tenure with the Lightning, the organization has risen to unprecedented heights, as evidenced by the team selling out 234 consecutive games from 2015 through 2020, a streak that was halted only by the COVID-19 pandemic that kept fans from attending games in person at AMALIE Arena. Of course, were not going to blow it up! Im very lucky, the unassuming, unintimidating, very friendly Vinik says. He started the Conflict Islands Conservation Initiative and runs volunteer programs for turtle protection and coral research. pic.twitter.com/BfVsB3RYlE. Despite all that early turmoil, all the stress as the team tried to navigate the turbulent waters, there was the steady hand of Vinik. Marketing cookies are used to track visitors across websites. Jeff Vinik owns the Tampa Bay Lightning and is the leading developer behind the Water Street Tampa project. 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. WebVerified contact information for Jeff Vinik - Chairman & Governor, Tampa Bay Lightning Hockey Club including email address, phone number and personality insights that will As he had done for decades in the financial sector, Vinik did his due diligence and found an opportunity worth investing in. 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. Ian has also invested in the mining, oil and gas sectors, with exploration and production activities in Vietnam, Papua New Guinea and Zambia. We had a great team. Penny Vinik has been a strong advocate for and patron of the arts within Tampa Bay. In 2008, Vinik began to ponder the next chapter of his life and what that would look like. 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. Vinik probably gets this measured, calm approach from his business life. Want more of our free, weekly newslettersinyourinbox? 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. The cookie is used to store the user consent for the cookies in the category "Performance". Jeff and Penny respectfully request privacy while they amicably work on their relationship, Bill Wickett, a spokesman for Jeff Vinik, said in an email to the Tampa Bay Times. 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