I dont need to go in and talk to the coaches., I could, and a lot of owners do. The petition to dissolve the marriage of 33 years was filed this week in Hillsborough County. Together, they have been one of the areas leading philanthropic families. I couldnt be prouder with what hes done to the organization. He started the Conflict Islands Conservation Initiative and runs volunteer programs for turtle protection and coral research. Well, we were ahead 3-2 in both series and lost Games 6 and 7. 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. 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. Ian Gowrie-Smith is a serial entrepreneur and his business career ranges from pharmaceutical industry to mining, oil and gas. The Viniks have been one of the areas most active philanthropists. 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. We were just really poorly run. 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. He didnt abandon his principles.. 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. They established the Lightning Community Hero program in 2011 to provide funding and recognition for those improving the lives of individuals most in need. 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. 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. 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. Perhaps thats because Vinik has developed a different formula for success, which primarily focuses on investing in community development, a winning hockey team, and a world-class entertainment experience. 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. Vinik, the owner of the Tampa Bay Lightning, recently donated more than $1 million to the V Foundation for Cancer Research. After growing up in New Jersey and attending high school at Riverdale Country School in New York City, Vinik graduated from Duke University (1981) with a Bachelor of Science degree in Engineering and Economics. 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. Tampa Bay, a sunbelt team, was a solid hockey town on paper. Tampa needed a strong leader, someone with clout, a tough negotiator and, above all else, was a proven winner. Red tide is back (again) in Pinellas County. 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Jeff right now is the most respected of the ownership brethren, Washington Capitals owner Ted Leonsis tells The Athletic. Thunderstruck: Celebrate the Tampa Bay Lightnings one-of-a-kind championship season with this hardcover collectors book. Vinik, the owner of the Tampa Bay Lightning, recently donated more than $1 million to the V Foundation for Cancer Research. 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. 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. He started the Conflict Islands Conservation Initiative and runs volunteer programs for turtle protection and coral research. 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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Analytical cookies are used to understand how visitors interact with the website. He beat the S&P 500 Index for almost 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. He needed a new challenge and he wanted to make a difference. What Vinik and Sperling hadnt realized was that there was a good number of transplants from strong hockey markets, like Montreal, Chicago and Philadelphia, who were now living in the area. Jeff closed his Boston firm in 2013, to focus on business and philanthropic interests in Tampa. Killorn adds that Vinik couldnt be a better owner. Hes an unbelievable owner. 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. Penny Vinik has been a strong advocate for and patron of the arts within Tampa Bay. And Jeff, to his honest, ever-dying credit was very calm and collected and analytical, and kept that team together. Off the ice, the Lightning continued to transform the Tampa Bay landscape through its grassroots community efforts. 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. Founded in September of 2016, aXiomatic is the majority owner of the Team Liquid franchise, a stalwart esports franchise, which won DOTA2's The International 2017 and secured back-to-back North American championships in 2018 for League of Legends' North American League Championship Series. 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. In a very short period of time, Jeff took an incredibly moribund franchise and turned it into the best team in professional sports. But if we cant, I hope its you.. Some have doubts. Jeff is a very modest, humble guy, but deep down, he knows hes built the best of the best right now. Were not going to blow it up! He is currently the Chair of the EANM Oncology & Theragnostics committee and Section Editor of the Journal of Nuclear Medicine. In the eyes of many, a pivotal juncture in the Vinik ownership came in 2019 when the Blue Jackets shocked the Lightning, sweeping them in the first round after a 62-win, 128-point season. 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. 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. 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. I think of the dressing room as the players living room, Vinik says. Copyright 2020 Axiomatic Gaming, LLC | Website Design By AOEcreative.com, This website uses cookies to improve your experience. Baden is a co-founding Director of Theragnostics, and brings to the company his experience in developing and financing SMEs. The Bolts' 128 regular season points in 2018-19 were the fourth most all-time in League history and the most in the NHL by 21 points over second-place finishers Calgary and Boston, allowing Tampa Bay to capture its first-ever Presidents' Trophy. They know how to create a brand, implement superior, friendly customer service, and we did a lot in the community. Julien says this about Cooper: Theres no reason that a coach has to have a shelf life. Often that is the case for a lot of reasons that we know, but it doesnt have to be that way. 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. Jeff and Penny reside in South Tampa and have four children: Danny, Jared, Kyra, and Joshua. 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. 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 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. More than $5 million to USFs Muma College of Business, which named its sport and entertainment management program for the Viniks. 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. Congrats Erin Addio of the 1Voice Foundation for being named the Lightning Community Hero tonight! I was like, What did I just get myself into? The economy was in rough shape, and Jeff was facing incredible odds.. The patience hes shown with (Cooper), its the same thing in the front office. The agreement grants TBEP the exclusive rights to all commercial multimedia sports marketing, sponsorship, and respective inventory possessed by USF Athletics. 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. We'll assume you're ok with this, but you can opt-out if you wish. Vinik is also the impetus behind Embarc Collective, an innovation hub which opened in downtown Tampa in 2019. Oh, and on the ice, in the 12 years Vinik has owned the team, the Lightning have enjoyed unrivaled success. If no results appear, use Enter to do a full site search. LinkedIn sets this cookie from LinkedIn share buttons and ad tags to recognize browser ID. As he had done for decades in the financial sector, Vinik did his due diligence and found an opportunity worth investing in. The guy in the middle of it all was Jeff, Leiweke says. Its a nice building. Copyright 1999-2020 Lightning Hockey, L.P. and the National Hockey League. 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. 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. I couldnt have done it. I dont think that far ahead. 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 first abatement was granted on June 29, just three months after Penny Vinik, 57, filed for divorce. And now the goaltender is the greatest goaltender in certainly recent memory. 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. Penny Ian is best known for having founded and chaired two billion-dollar companies in the pharmaceutical sector, Medeva PLC and Skyepharma PLC. Viniks likable personality, generosity, passion and authenticity provide a refreshingly positive experience for those fortunate enough to cross paths with him. TAMPA, Fla. Lets be honest: There are 31 NHL teams out there with owners who have every right to be envious even jealous of what Jeff Vinik has accomplished in his 12 years of owning the Tampa Bay Lightning, not only on the ice but off it. These cookies will be stored in your browser only with your consent. But in terms of the guys, no, I let them do their thing.. Griggs also directed strategic sales and marketing efforts for the new Amway Center, which opened in October 2010. 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. Im good with numbers, so I can sometimes ask good questions. Vinik left no stone unturned and his studies took him from how to build sales and marketing programs all the way to learning the entire NHL Collective Bargaining Agreement (CBA). 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 The Lightning secured two-straight Atlantic Division crowns (2018 and 2019) and their third and fourth division titles overall with Griggs as CEO. Season ticket sales were capped at 15,000 for the third-consecutive summer, and the Lightning Priority Access Club stands at 4,800 seats and growing. 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. WebVerified contact information for Jeff Vinik - Chairman & Governor, Tampa Bay Lightning Hockey Club including email address, phone number and personality insights that will Hes just taken it to such a different level. 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. All NHL logos and marks and NHL team logos and marks as well as all other proprietary materials depicted herein are the property of the NHL and the respective NHL teams and may not be reproduced without the prior written consent of NHL Enterprises, L.P. Griggs engineered a 95 percent Season Ticket Member renewal rate for the 2019-20 season. Theyve pledged $20 million to the Tampa Bay community since Jeff purchased the Lightning in 2010 and the couple moved to the area. 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. Ian was born in Australia and educated at Geelong Grammar and Melbourne University. It was bleak there for a while, Vinik says. Leonsis says the patience Vinik has displayed should be a model for all owners, which is sometimes easier said than done. Over the past nine years, the team has invested close to $100 million in renovations to the arena with more scheduled, continuing to create a world class experience of fans, season ticket members and corporate partners. Leiweke brought with him Steve Griggs from the Orlando Magic after they worked together with the Minnesota Wild. E: [email protected], 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. Vinik was born to a Jewish family in Deal, New Jersey. Baden co-founded and remains a Director of the UKs largest biomethane transport infrastructure company, CNG Fuels, which was founded in 2014. 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. This cookie is set by GDPR Cookie Consent plugin. A $50,000 grant is given out at each home game to the community heros charity of choice. Jeff and Penny Vinik want to ensure theyre making an impact not just in the immediate term but 20 or 30 years from now. Jeffrey Fisher, the divorce attorney representing Penny Vinik, did not respond to a request for comment. 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. Just in the Everglades.. Does New College have money to pay Richard Corcorans salary? WebVinik Asset Management. His previous career in investment management included six years with UBS in multi-asset class advisory as well as working in emerging markets private equity. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors. 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. I ran the Lightning until we brought in the cavalry, Sperling says, before snickering. LinkedIn sets the lidc cookie to facilitate data center selection. After phase one of his plan was complete, the newest member of the NHL owners club had to get to work and quickly. Twelve years ago, shortly after Vinik purchased the team from Hollywood television and movie producer Oren Koules and former NHL player Len Barrie, Vinik, Leiweke, Griggs and then-chief financial officer Martha Fuller sat in the stands to watch a game in Section 312. One of his most prominent programs, Lightning Community Heroes, celebrates a local hero during each Lightning regular-season home game and donates $50,000 to a non-profit charity of his or her choice. 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. And Vinik made clear that despite Tampa Bays incredible amount of success over the past decade, it hasnt all been highs. sport and entertainment management program, USF Health Morsani College of Medicine and Heart Institute, Tampa Mayor Jane Castor isnt on board with defunding the police. 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. You may have heard of Vinik. The last coach to beat Tampa Bay in a playoff series John Tortorella can see it. Youll get a roundup of the biggest Tampa community news twice a week. They were about to miss the playoffs for a third consecutive season and were accruing annual losses well into eight figures. Vinik has become a civic leader, providing the city with his time and money which has been reciprocated by the community. Penny Vinik is the chair of a community arts initiative which is enabling Tampa Bay-based artists to display their works throughout AMALIE Arena. A large portion of the population had an affinity for a game usually reserved for northern US states and Canadian provinces. Read More, In case of sale of your personal information, you may opt out by using the link Do Not Sell My Personal Information. They pledged $20 million to the community since Jeff bought the Lightning in 2010 and have surpassed that amount through the teams Community Hero program alone. I dont need to come in there after games. Since 2011, the Lightning have honored a Community Hero at every game and presented that hero with a check for $50,000 to donate to a non-profit charity of their choice. 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 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 law states that we can store cookies on your device if they are strictly necessary for the operation of this site. An immersive, experiential work of art,LOVE IS CALLING invites visitors to enter a mirrored room with tentacle-like soft sculptures featuring with Kusama's signature polka dots and changing colors hanging from the ceiling and positioned on the floor. They needed Steve Yzerman. And in a league where coaches and GMs are fired all the time, owners are blown away by Viniks patience and the stability he has created with the Lightning. We had the best regular season in 20 years. Breathing issues are possible at some beaches. Penny Vinik seeks divorce from Lightning owner Jeff Vinik, Lightning broadcaster Rick Peckham to receive Foster Hewitt Memorial Award. Ian Gowrie-Smith is a serial entrepreneur and the Chairman of Theragnostics. Under the Cur(ate) TPA umbrella, Griggs oversaw the design and opening of the new Cigar City Brewing Taproom on Ford Thunder Alley. 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. Vinik is widely known for investing in emerging technologies and innovative companies throughout Tampa Bay. I do know that going to hockey games and owning the Tampa Bay Lightning and being part of the community there is the most fun thing I do. 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. 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. 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. He always strikes me as somebody who never stops learning, and theres no ego that gets in the way of him continuing to learn. "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. 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