On Tuesday, Elliotte Friedman reported that, among other things, the NHL’s Board of Governors approved the sale of the Tampa Bay Lightning to Doug Ostrover and his ownership group. The approval was a bit of a formality and it won’t affect the day-to-day operation of the club as current owner Jeff Vinik plans on being involved for years to come. Friedman did mention that the valuation of the club in regards to this sale is at $1.8 billion, which is a pretty nice sum for a franchise that many thought would never last when they began play back in the early 1990s.
NHL Board of Governors approves sale of Tampa Bay Lightning to Doug Ostrover
