The possibility of the Pittsburgh Penguins franchise being sold by owners Mario Lemieux and Ron Burkle hasn't been in the news long, but with an offer looming, the Pens could change hands in the near future.
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Anonymous Bid for Penguins Expected Within Next Week
Tuesday, July 14
According to Patty Tascarella of the Pittsburgh Business Times, an unnamed group of investors is expected to submit a bid for the Penguins organization within the next week, and the team could sell for anywhere from $700 million to $850 million.