Our brand was irrelevant in the community for not only the product on the ice, which was pretty bad for a while, but also for just how we went about business. And she seeks to use the Viniks private aircraft and charters as necessary and in keeping with past use. Vinik and his wife have four kids: three boys, ages 31, 30 and 21, and one girl, age 28. Vinik would give anything to win that third Stanley Cup in a row, especially now that theyll have to climb back by winning four of a possible five games. Baden is a co-founding Director of Theragnostics, and brings to the company his experience in developing and financing SMEs. 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. 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Subscribe to The Athletic for in-depth coverage of your favorite players, teams, leagues and clubs. Among his many achievements he is a world leading expert in the clinical development of therapeutic and diagnostic radiopharmaceuticals. Breathing issues are possible at some beaches. Theres been longevity in terms of leadership there. 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. Leonsis says the patience Vinik has displayed should be a model for all owners, which is sometimes easier said than done. Ian focuses on investing in private sector opportunities and taking them to the public markets. Whenever something bad happens, and you believe in your team and your organization, and theres outside voices, you have to thine own self be true. And Im really, really proud of Jeff for being strong. 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. The Lightning's community hockey department, Lightning Made, has opened new outdoor street hockey rinks across the Tampa Bay area, and is committed to opening 10 public outdoor street hockey rinks through their Build the Thunder 2.0 and Connect the Thunder programs. 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. Jeffrey Vinik's career as an investment guru has had more twists and turns than San Francisco's famed Lombard Street. The Lightning enjoyed 234-consecutive sellout crowds at AMALIE Arena from 2015-2020, a streak that was halted only by the COVID-19 pandemic. Theres a reason why you hire experts to do the job. To be honest with you, were all happy for the guy because the sentiment amongst all of us is hes done it the right way. Fire everybody, Leonsis says. I dont need to come in there after games. Sperling became interim CEO until Leiweke officially signed on after he couldnt believe Vinik landed Yzerman as GM. Hes a really genuine guy, a huge hockey fan and you see that in any interaction you have with him.. Prior to taking home the top honors, the Lightning were ranked in the Top 10 in 2011, 2012, 2014 and 2015. 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. Vinik is also the impetus behind Embarc Collective, an innovation hub which opened in downtown Tampa in 2019. We'll assume you're ok with this, but you can opt-out if you wish. Tampa Bay Lightning owner Jeff Vinik has purchased the top-floor penthouse at the Tampa Edition for $8.34 million. Jeff Vinik joined aXiomatic in June 2017 as an investor and Co-Executive Chairman. 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. WebVerified contact information for Jeff Vinik - Chairman & Governor, Tampa Bay Lightning Hockey Club including email address, phone number and personality insights that will He is widely considered a model owner sitting on the throne of the NHLs model franchise. Vinik had no shortage of options and the newly formed duo began conducting market research on the various teams and marketplaces. I was like, What did I just get myself into? The economy was in rough shape, and Jeff was facing incredible odds.. Their research produced some interesting results. Upon acquiring the Lightning, Vinik vowed to make the organization "world-class," creating an unrivaled fan experience while putting together a team of which Tampa Bay sports fans would be proud, on and off the ice. At the time, Vinik was living in the Boston area and decided to reach out to the owners of the Red Sox, Bruins and Celtics to get some tips as to how he could begin his journey to owning an NHL franchise. I couldnt have done it. 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. Embarc formally brings together startup companies, venture capitalists, academic resources, and startup-focused partners in a central physical hub to help open opportunities, inspire iteration, push progress, and put Tampa Bay on the map as a prime destination for diverse startup talent to make an impact. The financial destruction caused by the economic crisis forced many NHL owners to consider selling their franchise and at least five NHL teams were looking for new ownership (Arizona Coyotes, Carolina Hurricanes, Columbus Blue Jackets, Dallas Stars and Tampa). Get in touch with us and send some basic info about your project. 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. He oversees all of the organization's business operations, including all concerts and events held at AMALIE Arena. Im good with numbers, so I can sometimes ask good questions. This program alone has surpassed the $20 million mark. And Steve did his magic., Before each hockey season, Leonsis sends Vinik an email that says: I want to win the Stanley Cup. Founded in 1997, VFF has donated over $75 million to nonprofits working in Some have doubts. LinkedIn sets this cookie to remember a user's language setting. Ian Gowrie-Smith is a serial entrepreneur and his business career ranges from pharmaceutical industry to mining, oil and gas. 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. Dr Langer is a graduate of Columbia University, and earned an M.D. It was Viniks family who designed the Lightnings spectacular Stanley Cup rings on a pair of cocktail napkins. But Vinik and BriseBois didnt do anything rash. There are stories of him secretly paying the college tuition of arena workers and helping pay off mortgages. 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. Jeff right now is the most respected of the ownership brethren, Washington Capitals owner Ted Leonsis tells The Athletic. In mid-2009, former Lightning owners Oren Koules (a Hollywood executive) and Len Barrie (former NHLer) had come to grips with reality. 150 Grossman Drive #306, Braintree, MA 02184, T: +1 617 286 7479 And Id say the same thing about the general manager. 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 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. 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. In the past decade, Jeff and Penny Vinik have established themselves as one of the regions most generous and wide-ranging philanthropic families. The fan base was there. And when Tampa a couple years ago had the greatest team, most points and they played in the first round against Columbus, and they got swept, everyone said the goaltenders not going to be good, change the coach, blow it up. On June 10, 2018, TBEP announced a new multi-year agreement to rename the Sun Dome to the Yuengling Center, partnering with D.G. The Beach came to AMALIE Arena in 2016 and featured 1.2 million translucent white balls, creating an indoor beach for nearly 100,000 patrons. 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. Set by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category . 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 They established the Lightning Community Hero program in 2011 to provide funding and recognition to those improving the lives of individuals most in need. And Jeff, to his honest, ever-dying credit was very calm and collected and analytical, and kept that team together. That wasnt hard. When Koules needed to sink a boatload more money into the team, commissioner Gary Bettman introduced him to Vinik. In September of 2019, through the Vinik Family Foundation, the Viniks donated $5 million to help IDEA Public Schools, a network of nationally acclaimed, tuition-free college preparatory public charter schools, launch four new schools in the Tampa Bay area. 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. Ian has also invested in the mining, oil and gas sectors, with exploration and production activities in Vietnam, Papua New Guinea and Zambia. Subscribe to our free Tampa Times newsletter. 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. Art of the Brick, the first exhibit to focus exclusively on the use of LEGO bricks as an art medium, was brought to downtown Tampa in 2017. Penny Vinik has been a strong advocate for and patron of the arts within Tampa Bay. As the owner of the 2020 Stanley Cup Champion Tampa Bay Lightning, he has done more than just restore a once-flagging franchise; he has helped revitalize the Tampa Bay region. 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. Analytical cookies are used to understand how visitors interact with the website. Vinik is widely known for investing in emerging technologies and innovative companies throughout Tampa Bay. We created a monster. https://t.co/tLVEvDzG4k, Alex Killorn, in his 10th season as a Lightning forward, says, Before I got here, it wasnt a great situation by any means, but with good drafting and with Mr. Vinik hiring the right people to manage the team, here we are.. 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. Jeff helped solve an issue for Gary in a big way because it went from a problem for the league to quite a success. Ian Gowrie-Smith is a serial entrepreneur and the Chairman of Theragnostics. He beat the S&P 500 Index for almost TAMPA Tampa Bay power couple Jeff and Penny Vinik have officially reconciled their marriage, ending divorce proceedings on Tuesday in Hillsborough County Circuit Court. From a charitable perspective, it would be difficult to find a non-profit organization within the Tampa community that has not been touched by Viniks philanthropy. WebVerified contact information for Jeff Vinik - Chairman & Governor, Tampa Bay Lightning Hockey Club including email address, phone number and personality insights that will The donation of an acre of downtown land for the new USF Health Morsani College of Medicine and Heart Institute. Vinik was born to a Jewish family in Deal, New Jersey. In September 2017, the University of South Florida's Muma College of Business renamed its dual-degree sport-focused graduate program the Vinik Sport and Entertainment Program, a result of Jeff and Penny's support of the University and this field of study. Tampa Bay sale all but done.. Jeff Vinnik Boston hedge fund guy buys from Oren Koules and Len Barrie.. Should be announced friday.. In todays vernacular, hella impressive. Not surprisingly, Vinik and Leiweke hit it off instantly and began discussing the possibility of Leiweke overseeing the business operations of Viniks new investment. And in return for that faith and trust, Cooper has rewarded them with two Cups and a chance for a third this year. Facebook; Twitter; Facebook Messenger; Pinterest; Email; print; TAMPA, Fla. -- The Tampa Bay Lightning and team owner Jeff Vinik are donating $2 million toward Hurricane Ian relief efforts.. Theyve been doing this since 2011. Penny Vinik, 57, filed a petition June 8 in Hillsborough Circuit Court to dissolve her marriage with Jeff Vinik, 61. 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 One of Tampa Bay's leading philanthropic couples takes time to work on reconciling. Under the Cur(ate) TPA umbrella, Griggs oversaw the design and opening of the new Cigar City Brewing Taproom on Ford Thunder Alley. Vinik is no stranger to investments. Follow @EddieInTheYard. Griggs continues to play a significant role in the vast improvements being made each year to AMALIE Arena. Jeff graduated from Duke University and earned his MBA from Harvard Business School. The Vinik family has also directly contributed to several local non-profits, including the Florida Aquarium, Tampa Museum of Art, the United Way of Suncoast, Metropolitan Ministries and Tampa Preparatory School and Jeff served as the Chairman of the American Heart Association's 2018 Tampa Bay Heart Walk. WebAn on-campus stadium at USF will be a game-changer, literally and figuratively, for the university and our entire Tampa Bay community, said Jeff Vinik, owner of the Tampa Bay Lightning and co-developer of Water Street Tampa. After some deep thought, and a few glasses of wine, he targeted professional sports as his next pursuit. 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). Hes built Tampa into a great hockey market.. 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. 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. Jeff Vinik also is 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. 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. They were about to miss the playoffs for a third consecutive season and were accruing annual losses well into eight figures. Greg went on to become Chief Scientific Officer at Mediso Ltd where he developed cancer specific imaging procedures to achieve high quality and accurate data to enable better diagnosis of cancer. Almost immediately, Vinik began researching everything he could find on owning and running a professional sports team. Tampa needed a strong leader, someone with clout, a tough negotiator and, above all else, was a proven winner. Together, they have been one of the areas leading philanthropic families. Overall, the Vinik Foundation has donated over $23 million to our community. WebView phone numbers, addresses, public records, background check reports and possible arrest records for Jeffrey Vinik. $5 million to the endowment at the Tampa Museum of Art to support the position of executive director. Before each hockey season, Leonsis sends Vinik an email that says: I want to win the Stanley Cup. He served on the board of directors for Liverpool Football Club of the Premier League from 20102013. I dont need to go in and talk to the coaches., I could, and a lot of owners do. 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. Non-Exec Director. LinkedIn sets this cookie from LinkedIn share buttons and ad tags to recognize browser ID. Yuengling & Son, America's Oldest Brewery, who has maintained a facility near the university since 1999. The Lightning once again saw a high renewal percentage amongst current partners including Tampa General Hospital, Apple, Southwest Airlines and Honda. 1 Sans Walk, London EC1R 0LT, T: +44 (0)20 3355 1546 So I choose to let it run, let the people do their job. Beginning at There was almost nothing for fans to do in the barren surrounding area of downtown Tampa. Hes done so much work in the stock market, hes used to ebbs and flows. Of course, were not going to blow it up! Griggs and his wife, Janell, have a daughter, Maddie, and a son, Jack. We also use third-party cookies that help us analyze and understand how you use this website. Then his influence spread over Tampa Bay. 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. 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. Hes very generous and makes sure everyone is taken care of, says Killorn, who points out that the only time players see Mr. 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. I left Seattle, and it felt like we were in a mild recession. But we knew we were getting better as a team and as an organization and everybody, including the coaching staff, learned from it. Penny and Jeff Vinik, a Tampa Bay power couple, have put their divorce proceedings on hold for now, filing for a 90-day pause. Lightning Foundation and Community Relations. NHL owners are competitive by nature and dont make a habit of raving about each other, especially those who are monopolizing Stanley Cup Final appearances. Vinik has worked in the investment management business his entire career. The patience hes shown with (Cooper), its the same thing in the front office. I ran the Lightning until we brought in the cavalry, Sperling says, before snickering. As he had done for decades in the financial sector, Vinik did his due diligence and found an opportunity worth investing in. Sign up for our regular 'Bolts Newsletter' for all the latest. 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. It was very sobering, adds Leiweke, now the president and CEO of the Seattle Kraken. He also oversaw the introduction of the Lightning and AMALIE Arena's new Cur(ate) TPA initiative, bringing to life a focus to deliver fans and arena guests the very best in fresh, local food and beverage options, while also concentrating on variety, value, service and sustainability. It does not store any personal data. But in terms of the guys, no, I let them do their thing.. SARASOTA - His hockey team is in the On February 7, 2020, Griggs led the charge on the new naming rights of the Lightning's practice facility, TGH Ice Plex. Vinik now sits as a member of the Executive Committee of the National Hockey League's Board of Governors. 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. Greg is leading a team to expand their product portfolio and the commercialization of Ga-68 THP-PSMA, a prostate cancer imaging diagnostic. Theyve pledged $20 million to the Tampa Bay community since Jeff purchased the Lightning in 2010 and the couple moved to the area. Jeff closed his Boston firm in 2013, to focus on business and philanthropic interests in Tampa. The couples donations to coronavirus relief efforts have reached nearly $2 million, including $1 million to Metropolitan Ministries and almost $1 million to bay area civic relief funds, aid for USF students, public awareness campaigns and a fund for Lightning employees. 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. At Theragnostics, Greg has been instrumental in raising capital via grant funding and private investment. 1 in ESPN's "Ultimate Standings" in September 2016. He is currently the Chair of the EANM Oncology & Theragnostics committee and Section Editor of the Journal of Nuclear Medicine. They owned a losing franchise, both on and off the ice, they were disconnected from their fan base and they needed a way out. Breathing issues are possible at some beaches. 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. Ian champions many charitable organizations with emphasis on providing support for education and the environment. Yzerman hired Julien BriseBois away from the Montreal Canadiens and made him assistant GM. In his ten seasons as the owner of the Lightning, there have been no scandals, no lawsuits, no distractions and no disconnect from the community. Vinik turned to his network again and Sperling introduced him to the CEO of the Seattle Seahawks, one of the brightest business minds in professional sports, Tod Leiweke. 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