Penguins sale cleared: Hoffmann family to acquire team ahead of 2026 Draft
TL;DR
The NHL Board of Governors unanimously approved the Pittsburgh Penguins' sale to the Hoffmann Family of Companies for about $1.75 billion, with closing expected before the 2026 NHL Draft; Fenway Sports Group purchased the team in 2021 for roughly $900 million, and Geoff Hoffmann will serve as governor as the Hoffmanns take ownership and continue expanding their hockey and community ventures.
- Penguins sale unanimously approved by Board of Governors, Commissioner says NHL.com
- Pittsburgh Penguins sale approved by NHL, release says WTAE
- Penguins sale to Hoffmann Family of Companies formally approved TribLIVE.com
- 1 on 1 with Gary Bettman, who said the Penguins' new owners 'have a great track record' Pittsburgh Post-Gazette
- NHL owners approve Penguins sale from FSG to Hoffmann family The New York Times
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