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The vacation season simply bought an entire lot merrier for full-time staffers of the Tampa Bay Lighting.
Sports Business Journal (SBJ) reviews that Lighting proprietor Jeff Vinik introduced that the group’s 300-plus staff will all obtain bonuses between $50,000 and $66,000.
The payday comes after Vinik offered a majority of his fairness in a deal that valued the NHL crew at $1.8 billion.
Vinik made the announcement in a memo that SBJ reviews learn partially, “In recognition of the laborious work and dedication that has made VSG a world-class+ group, I am happy to announce that each one full-time workers shall be receiving a bonus on behalf of the Vinik Household. .. Thanks for the function you have performed in making the Vinik Sports activities Group and the Tampa Bay Lightning a corporation of which we are able to all be proud. Collectively, we’ve got constructed one thing actually particular.”
Vinik will stay in charge of the group for 3 years earlier than transferring management to Blue Owl Capital co-CEOs Doug Ostrover and Marc Lipschultz, who reportedly purchased 50% of the crew.
In 2010, Vinik purchased the Lightning for $93 million. Since then, the crew has develop into a powerhouse on the ice, successful back-to-back Stanley Cups in 2020 and 2021. SBJ charges the Lightning as a prime 10 income generator within the league and says that Vinik’s imaginative and prescient has additionally revitalized the encompassing downtown Tampa space.
A sports activities enterprise chief with some huge cash in his pockets and a monitor file of success? Hey, Jeff, any curiosity in shopping for the New York Jets?
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