Hoffmann Family Takes Over Penguins

The Pittsburgh Penguins have landed new ownership with the Hoffmann Family of Companies, marking a historic shift after years under Fenway Sports Group. With a $1.75 billion sale and unanimous NHL Board approval, Geoff Hoffmann — now team governor — has pledged to keep Mario Lemieux deeply involved, honoring the legend’s legacy as a five-time Cup-winning player and savior of the franchise. Lemieux’s heroic $32 million salary conversion saved the team in 1998, and his leadership helped secure the team’s home in Pittsburgh. Hoffmann emphasized the Penguins will always be Pittsburgh’s team, aiming for generational impact — and a renewed, visible role for Lemieux in this new era. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/fda8954ba7757d9f