The Lightning enjoyed 234-consecutive sellout crowds at AMALIE Arena from 2015-2020, a streak that was halted only by the COVID-19 pandemic. I didnt have the foresight that he had and didnt have the funds to survive those first three or four years. And we ended up with a good hockey team, which doesnt hurt either.. 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. Penny and Jeff Vinik, a Tampa Bay power couple, have put their divorce proceedings on hold for now, filing for a 90-day pause. 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. 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). Jeff Vinik is building the physical infrastructure that is allowing us to connect internally to build the virtual infrastructure of the future, said Chris Krimitsos, founder of the Florida Bitcoin & Blockchain Summit. Thunderstruck: Celebrate the Tampa Bay Lightnings one-of-a-kind championship season with this hardcover collectors book. These cookies ensure basic functionalities and security features of the website, anonymously. He beat the S&P 500 Index for almost 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. Julien came over to my house, we talked for 2 hours, and we he, since hes the boss came up with the brilliant idea not to blow it up, Vinik says, sarcastically. 150 Grossman Drive #306, Braintree, MA 02184, T: +1 617 286 7479 She says she agrees that he may have exclusive use of the couples home in Sarasota while the divorce is pending. I was like, What did I just get myself into? The economy was in rough shape, and Jeff was facing incredible odds.. Jeff and Penny reside in South Tampa and have four children: Danny, Jared, Kyra, and Joshua. Top prospect Taj Bradley, Rays take on Red Sox today, Rays Tyler Glasnow sustains oblique injury during practice, Lightnings defensive lapses lead to rout by Penguins, Selection to Lightning Hall of Fames inaugural class very, very special for Phil Esposito, St. Petersburg, Tampa Bay Rays to discuss these 9 topics about Tropicana Field. 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.. Were all extremely impressed by the sustained success in Tampa under Jeffs ownership. Penny and Jeff have filed an 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. 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. Killorn says, 2019 was a slap in the face, but the stupidest thing teams do is blow things up when devastating upsets happen to a team clearly peaking or on the rise. 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). 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 Times. 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. WebVinik Family Foundation (VFF) is a private foundation created and managed by Jeff and Penny Vinik. 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. He is currently the Chair of the EANM Oncology & Theragnostics committee and Section Editor of the Journal of Nuclear Medicine. The agreement grants TBEP the exclusive rights to all commercial multimedia sports marketing, sponsorship, and respective inventory possessed by USF Athletics. In a time of uncertainty, social unrest, and growing financial inequality, it seems difficult, if not absurd, to root for the success of a multi-billionaire businessman. Tampa Bay Lightning owner, and most recent Stanley Cup champion, Jeff Vinik is the exception to the rule. The new Cigar City Brewing Taproom opened during the 2019-20 season and represented new food and beverage options for AMALIE Arena guests for event and select non-event days. You may have heard of Vinik. And Vinik made clear that despite Tampa Bays incredible amount of success over the past decade, it hasnt all been highs. They needed Steve Yzerman. We are all in this business to win the Stanley Cup. He is on the board of Sofie Biosciences. Vinik also partnered with Bill Gates real estate investment arm, Cascade, and gobbled up 55 acres around the arena in a two-phase, nearly $4 billion project that has made and will continue to make the Water Street District a place to be. Vinik is widely known for investing in emerging technologies and innovative companies throughout Tampa Bay. 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. He went on to earn his Master of Business Administration degree from the Harvard Business School, graduating in 1985. 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). It was Viniks family who designed the Lightnings spectacular Stanley Cup rings on a pair of cocktail napkins. Under Griggs' guidance, the Lightning were ranked No. He can stomach them. Owner of Tampa Bay Lightning hockey team and co-developer of major real estate project. The success really speaks for itself: winning back-to-back Cups, in the Final again for a chance at a third Cup. 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. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. He believed in people, in the market, and has this way to create loyalty back to himself by treating people well. Hes done so much work in the stock market, hes used to ebbs and flows. We were just really poorly run. Then we got swept. His business career ranges from pharmaceutical industry to mining, oil and gas. 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. After a very successful career at the firm, Vinik left to start his own hedge fund, Vinik Asset Management which was the catalyst that brought him the wealth, network and knowledge required to punch his ticket into professional sports (from Manager of Magellan Fund Quits, Washington Post, 05/25/1996). Jeff Vinik is the Owner and Chairman of the National Hockey League team Tampa Bay Lightning, and serves on the NHL Board of Governors and Executive Committee. Yuengling & Son, America's Oldest Brewery, who has maintained a facility near the university since 1999. Through the 2020-21 season, more than $23 million has been donated through the Community Heroes program to more than 750 local non-profits. The Viniks have been one of the areas most active philanthropists. This cookie is set by GDPR Cookie Consent plugin. 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. We drafted Andrei Vasilevskiy. He is currently a Director of the Whitehead Institute for Biomedical Research, Myriad Genetics, Inc. (NASDAQ: MYGN) and Brooklyn ImmunoTherapeutics, Inc. (NYSE American: BTX). WebVinik Asset Management. Necessary cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website. The Viniks have four children, Danny, Jared, Kyra and Joshua, none of whom are minors. Ian is best known for having founded and chaired two billion-dollar companies in the pharmaceutical sector, Medeva PLC and Skyepharma PLC. 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. He didnt abandon his principles.. But win or lose, it wont change how Vinik is viewed. Business mogul, philanthropist, innovation investor and Tampa Bay Lightning owner Jeff Vinik sat down with St. Pete Catalyst publisher Joe Hamilton to discuss As he had done for decades in the financial sector, Vinik did his due diligence and found an opportunity worth investing in. Vinik was born to a Jewish family in Deal, New Jersey. 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. And now the goaltender is the greatest goaltender in certainly recent memory. I ran the Lightning until we brought in the cavalry, Sperling says, before snickering. pic.twitter.com/BfVsB3RYlE. That series loss would have led to Coopers departure from many organizations. 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. 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. He has served on several non-profit boards, including United Way of Massachusetts Bay, Duke University, and the United States Figure Skating Foundation. Copyright 1999-2020 Lightning Hockey, L.P. and the National Hockey League. It was a lot of heartbreak, but were we really going to fire Jon Cooper? In 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 $800 million to $10 billion. There have been lows, although thats relative when there are so many fan bases out there accustomed to their teams missing the playoffs or suffering early exits. Thats my job, my hobby. Since 2015, the Lightning, in conjunction with the NHL and the NHL Players Association, have invested more than $6 million to grow the game of hockey and teach life skills to youth throughout the Tampa Bay community. 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. Jeff and Penny Vinik continue to personally invest in the community, bringing one-of-a-kind art installations "The Beach," "Art of the Brick," and "Love is Calling" to the city of Tampa. 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. 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. Perhaps they contain the secret to becoming a champion both on the ice and in the community. Get in touch with us and send some basic info about your project. Ian Gowrie-Smith was born in Australia and educated at Geelong Grammar and Melbourne University. There was almost nothing for fans to do in the barren surrounding area of downtown Tampa. If theres anything Ive learned over the last 12 years, I think Im pretty good at hiring people.. In 2008, Vinik began to ponder the next chapter of his life and what that would look like. Michael Russo is a senior writer covering the Minnesota Wild and the National Hockey League for The Athletic. It took some time, but Leiweke eventually agreed to take on the role of Lightning CEO and he got started rebuilding their business operations. If no results appear, use Enter to do a full site search. Jeff is a very modest, humble guy, but deep down, he knows hes built the best of the best right now. Enter Search Term. There are stories of him secretly paying the college tuition of arena workers and helping pay off mortgages. Jeff and Penny Vinik want to ensure theyre making an impact not just in the immediate term but 20 or 30 years from now. We want to win the Cup every year.. When Koules needed to sink a boatload more money into the team, commissioner Gary Bettman introduced him to Vinik. 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. Since the outbreak of the COVID-19 pandemic, the couples donations to coronavirus relief efforts have approached $2 million. In August of 2016, VFF presented The Beach Tampa by Snarkitecture, an immersive art installation featuring a 10,000 square foot, all-white beach environment with an ocean of 1.2 million recyclable white balls, in AMALIE Arena. WebVerified contact information for Jeff Vinik - Chairman & Governor, Tampa Bay Lightning Hockey Club including email address, phone number and personality insights that will You also have the option to opt-out of these cookies. He was previously Professor in the Ahmanson Translational Imaging Division of the Department of Molecular and Medical Pharmacology at the University of California Los Angeles ; he also served as Vice Chair of the Department of Nuclear Medicine at Universittsklinikum Wrzburg. Griggs also spearheaded the organization's launch of the new Lightning Made Training Center, a focal point for youth to learn the game and for the team to continue teaching and educating more than just on-ice skills. Records the default button state of the corresponding category & the status of CCPA. 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. Both Pittsburgh and Washington, we lost in seven to both of them in the conference final. 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. 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. Overall, the Vinik Foundation has donated over $23 million to our community. In todays vernacular, hella impressive. 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. 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. Times staff writer John Martin contributed to this report. 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. They were about to miss the playoffs for a third consecutive season and were accruing annual losses well into eight figures. 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. The Viniks champion many charitable organizations with emphasis on providing support for education, entrepreneurship, and the arts. It just had gone on sabbatical. Baden co-founded and remains a Director of the UKs largest biomethane transport infrastructure company, CNG Fuels, which was founded in 2014. The Lightning once again saw a high renewal percentage amongst current partners including Tampa General Hospital, Apple, Southwest Airlines and Honda. Then his influence spread over 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. Tod is so good at building a championship brand. 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. The first abatement was granted on June 29, just three months after Penny Vinik, 57, filed for divorce. He always strikes me as somebody who never stops learning, and theres no ego that gets in the way of him continuing to learn. He needed a new challenge and he wanted to make a difference. Jeff Vinik owns the Tampa Bay Lightning and is the leading developer behind the Water Street Tampa project. Penny Vinik, 57, filed a petition June 8 in Hillsborough Circuit Court to dissolve her marriage with Jeff Vinik, 61. As Vinik enters his 12th year of ownership, the Lightning are recognized nationally as one of the top organizations in North American sports, having appeared in the National Hockey League's Eastern Conference Final/Stanley Cup Semifinal six times (2011, 2015, 2016, 2018, 2020 & 2021), advancing to the Stanley Cup Final three times (2015, 2020 & 2021), winning hockey's ultimate prize in 2020 and 2021. Just in the Everglades.. Peerfit, a Tampa digital health company, has raised $10 million in a funding round led by Tampa Bay Lightning owner Jeff Vinik and Virgo Investment Group, a San Francisco-based investment firm. After phase one of his plan was complete, the newest member of the NHL owners club had to get to work and quickly. Founded in 1997, VFF has donated over $75 million to nonprofits working in 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. 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. We had the best regular season in 20 years. SARASOTA - His hockey team is in the He sunk $40 million of his own money into a county-owned arena with no recourse. The Jeff and Penny Vinik Foundation has donated $50,000 to a local community hero at every home game. 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. 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