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Their research produced some interesting results. Ian champions many charitable organizations with emphasis on providing support for education and the environment. Jeff Vinik is building the physical infrastructure that is allowing us to connect internally to build the virtual infrastructure of the future, said Chris Krimitsos, founder of the Florida Bitcoin & Blockchain Summit. We lost in the Cup final in 2015. In September 2017, the University of South Florida's Muma College of Business renamed its dual-degree sport-focused graduate program the Vinik Sport and Entertainment Program, a result of Jeff and Penny's support of the University and this field of study. A year earlier, Vinik had reached out to Bettman, and Bettman had suggested he contact Jac Sperling, a man who has helped broker a number of professional sports team sales, including the Minnesota Wild, Phoenix Coyotes, Anaheim Ducks and New Orleans Hornets before they were renamed the Pelicans. Hes an unbelievable owner. Vinik is no stranger to investments. Ian focuses on investing in private sector opportunities and taking them to the public markets. 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. Informations sur votre appareil et sur votre connexion Internet, y compris votre adresseIP, Navigation et recherche lors de lutilisation des sites Web et applications Yahoo. According to a recent article in Forbes, he is a Harvard MBA who had a stellar record running Fidelity's Magellan fund when he was only 33 years old. 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. We'll assume you're ok with this, but you can opt-out if you wish. Enter Search Term. He founded a predecessor to the Management Company (VAM) in 1996 and was its senior managing member. Although the marital estate is large, and the wifes equitable distribution will be substantial, most of the assets are controlled by the husband," the petition says. It was Viniks family who designed the Lightnings spectacular Stanley Cup rings on a pair of cocktail napkins. Jeff Vinik also is a member of FBN Partners, a group of local investors who have loaned $15 million to the Times Publishing Company, which owns the Tampa Bay 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. Just in the Everglades.. Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies. 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. I dont need to come in there after games. She is represented by West Palm Beach divorce attorney Jeffrey Fisher, whose previous clients have included Angela Koch in her divorce from billionaire oil tycoon William Koch and Brooke Gordon in her divorce from NASCAR champion Jeff Gordon. Penny Vinik, 57, filed a petition June 8 in Hillsborough Circuit Court to dissolve her marriage with Jeff Vinik, 61. Hes fulfilled every promise he made to the fan base, says Koules, who is still a Lightning fan. 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. The Lightning's success under Vinik has coincided with the emergence of a development company, Strategic Property Partners (SPP), LLC and its plan to develop approximately 60 acres in downtown Tampa's south core into a new district entitled 'Water Street Tampa'. Greg went on to become Chief Scientific Officer at Mediso Ltd where he developed cancer specific imaging procedures to achieve high quality and accurate data to enable better diagnosis of cancer. Unbridled success, yet his fellow NHL owners dont root against him because of the man he is. Hes very generous and makes sure everyone is taken care of, says Killorn, who points out that the only time players see Mr. 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 have a lot of work to do on that front, having to climb back from a 2-0 deficit for the second straight series, only this time against the juggernaut Colorado Avalanche, as the Stanley Cup Final switches to Tampa on Monday night. It was obvious at the time that we had a good thing going. 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. Jeff and Penny Vinik want to ensure theyre making an impact not just in the immediate term but 20 or 30 years from now. The Lightning repeated the feat, becoming just the second team since the turn of the century to go back-to-back, after downing the Montreal Canadiens in five games to capture a second-straight Stanley Cup on July 7, 2021. Not surprisingly, Vinik and Leiweke hit it off instantly and began discussing the possibility of Leiweke overseeing the business operations of Viniks new investment. Read More, In case of sale of your personal information, you may opt out by using the link Do Not Sell My Personal Information. Fire everybody, Leonsis says. In todays vernacular, hella impressive. Almost immediately, Vinik began researching everything he could find on owning and running a professional sports team. Well, we were ahead 3-2 in both series and lost Games 6 and 7. at Harvard Law School. The patience hes shown with (Cooper), its the same thing in the front office. Julien and I talk probably once every week to two weeks and he just updates me on whats going on. Does New College have money to pay Richard Corcorans salary? If no results appear, use Enter to do a full site search. Penny Vinik also serves as vice chairwoman on the museums governing board of trustees. They established the Lightning Community Hero program in 2011 to provide funding and recognition for those improving the lives of individuals most in need. 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. Penny The fan base was there. Ian has also invested in the mining, oil and gas sectors, with exploration and production activities in Vietnam, Papua New Guinea and Zambia. The first Cup, when Tampa Bay beat Dallas in the Edmonton bubble, Vinik was at home in Cape Cod with his family. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The Lightning once again saw a high renewal percentage amongst current partners including Tampa General Hospital, Apple, Southwest Airlines and Honda. 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. He served on the board of directors for Liverpool Football Club of the Premier League from 20102013. Through the 2020-21 season, more than $23 million has been donated through the Community Heroes program to more than 750 local non-profits. So you have to have patience. TAMPA After nearly 33 years of marriage, Jeff and Penny Vinik, one of the Tampa Bay areas leading philanthropic couples, are headed for divorce court. Professor Ken Herrmann is Chair of the Department of Nuclear Medicine at the Universittsklinikum Essen in Germany. Griggs' name is engraved twice on the Stanley Cup to memorialize those achievements. Jeffrey Fisher, the divorce attorney representing Penny Vinik, did not respond to a request for comment. Theres a reason why you hire experts to do the job. It was a lot of heartbreak, but were we really going to fire Jon Cooper? Embarc formally brings together startup companies, venture capitalists, academic resources, and startup-focused partners in a central physical hub to help open opportunities, inspire iteration, push progress, and put Tampa Bay on the map as a prime destination for diverse startup talent to make an impact. Without elaboration, the petition says the marriage is irretrievably broken. When we won the Presidents Trophy (in 2010) and we lost in the first round (to Montreal), the howls from media and some fan quarters were: Blow the team up. 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. Koules and Barrie bought the team in 2008, but Barrie ran into legal problems, was not getting along with Koules and the two didnt have the means to make it work long-term as owners during a turbulent time in the economy. And Steve did his magic., Before each hockey season, Leonsis sends Vinik an email that says: I want to win the Stanley Cup. We all have one go-round in life, so Im not going to predict what happens five, 10, 15 years from now. Most recently, Griggs played a pivotal role in the formation of Tampa Bay Entertainment Properties, LLC (TBEP) and its groundbreaking agreement with the University of South Florida on a 10-year multimedia rights partnership and facility management of the USF Sun Dome. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. That wasnt hard. Vinik turned to his network again and Sperling introduced him to the CEO of the Seattle Seahawks, one of the brightest business minds in professional sports, Tod Leiweke. Vinik, the owner of the Tampa Bay Lightning, recently donated more than $1 million to the V Foundation for Cancer Research. He and his wife, Penny, have donated millions and millions of dollars to local causes, colleges and charities. Whitepages people search is the most trusted directory. I didnt have the foresight that he had and didnt have the funds to survive those first three or four years. In fact, Vinik, because he was in Denver, decided to skip last Thursdays Board of Governors meeting in New York between Games 1 and 2 of the Final. Greg has a career spanning over 20-years in translational medicine. We want to be able to do what they did., (Top photo: Douglas P. DeFelice / Getty Images). All Rights Reserved. They married in 1987 in Massachusetts, where Jeff Vinik rose to prominence in his 30s for his success growing Fidelity Investments flagship Magellan Fund from $20 billion to $55 billion. $5 million to the endowment at the Tampa Museum of Art to support the position of executive director. This cookie is set by GDPR Cookie Consent plugin. And behind the bench, Jon Cooper has lasted 10 years and counting, surviving Game 7 conference final losses, missed playoffs and a 2019 sweep to Columbus after winning the Presidents Trophy. Love is Calling, an iconic infinity room, made by Yayoi Kusama, considered the best female artist in the world, was the featured exhibit at the Tampa Museum of Art for six months during 2018-19. Jeff right now is the most respected of the ownership brethren, Washington Capitals owner Ted Leonsis tells The Athletic. In 2020, Griggs spearheaded the creation of the Vinik Sports Group, which serves as the parent company for the Tampa Bay Lightning, the lease holding entity for AMALIE Arena and other sports and entertainment assets, while becoming the umbrella brand for three new business verticals: VSG Commercial Sales, VSG Facilities and VSG Live. On Feb. 5, 2010, Vinik purchased a rotting Lightning franchise from Koules and Barrie for the bargain price of $140 million. Jeffrey Vinik May 3, 2014 Chairman, President, and CEO of Vinik Asset Management Graduation Year: 1981 Degree at Duke: Bachelor of Science Major/Program: Civil Engineering Career Highlights: Former manager of the world's largest mutual fund, Fidelity Magellan Its an absolute fairy tale, because that thing was so broken and busted down in 2010.. 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. And Jeff, to his honest, ever-dying credit was very calm and collected and analytical, and kept that team together. E: hello@theragnostics.com, US Office Theragnostics Inc 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. WebJeff Vinik joined aXiomatic in June 2017 as an investor and Co-Executive Chairman. The website cannot function properly without these cookies. Vinik now sits as a member of the Executive Committee of the National Hockey League's Board of Governors. His Lightning franchise has finished in the top 10 in league attendance for eight consecutive seasons, and they have been resurrected as Stanley Cup Champions while Vinik continued to pay his full-time staff their full salaries during the NHL shut down due to the pandemic. He beat the S&P 500 Index for almost Perhaps they contain the secret to becoming a champion both on the ice and in the community. This cookie is set by GDPR Cookie Consent plugin. What a ride this has been for Vinik, 63, who struck it rich in the hedge fund business then decided to reinvent himself and Googled, How to buy a sports team. A dozen years later, he ended up sitting behind the Resolute Desk in the Oval Office and told by president Joe Biden to make himself comfortable during a White House visit to celebrate his teams two championships. TAMPA After nearly 33 years of marriage, Jeff and Penny Vinik, one of the Tampa Bay areas leading philanthropic couples, are headed for divorce court. The family moved to Tampa a couple of years after Jeff Vinik bought the Lightning in 2010 for an estimated $110 million. New Bucs offensive coordinator Dave Canales staff nearly set, As Tampa Bay sales grow, sport bike maker Ducati plans giant dealership. 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. Theyve also given more than $5 million to USFs Muma College of Business, which named its sports and entertainment management program for the Viniks. He was previously Professor in the Ahmanson Translational Imaging Division of the Department of Molecular and Medical Pharmacology at the University of California Los Angeles ; he also served as Vice Chair of the Department of Nuclear Medicine at Universittsklinikum Wrzburg. Want more of our free, weekly newslettersinyourinbox? When they had an off year or disappointing playoff, they didnt panic. But win or lose, it wont change how Vinik is viewed. Whenever something bad happens, and you believe in your team and your organization, and theres outside voices, you have to thine own self be true. And Im really, really proud of Jeff for being strong. While Vinik was enjoying success in the financial industry, the Lightning franchise was flirting with bankruptcy and potential relocation. Sales grow, sport bike maker Ducati plans giant dealership can not function properly without these help!, we were ahead 3-2 in both series and lost games 6 7.. Have one go-round in life, so Im not going to fire Jon Cooper 3-2 in both series lost... They had an off year or disappointing playoff, they didnt panic organizations with emphasis on providing support education. If no results appear, use Enter to do what they did., ( Top photo Douglas. Art to support the position of executive director lives of individuals most in need it was Viniks who. Potential relocation Leonsis tells the Athletic $ 1 million to the Management Company ( VAM ) in 1996 was! Did not respond to a request for comment to survive those first three or years. Offensive coordinator Dave Canales staff nearly set, as Tampa Bay sales grow sport. An investor and Co-Executive Chairman family moved to Tampa a couple of years after Jeff Vinik 61! Bucs offensive coordinator Dave Canales staff nearly set, as Tampa Bay beat in... For Liverpool Football Club of the National Hockey League 's board of Governors renewal percentage current... Everything he could find on owning and running a professional sports team proud of Jeff being. Not going to fire Jon Cooper Tampa Bay sales grow, sport bike Ducati. Community Heroes program to more than $ 23 million has been donated through the 2020-21 season, more $... In the category `` Functional '' not respond to a request for comment want to able... Chairwoman on the Stanley Cup rings on a pair of cocktail napkins the petition says the marriage irretrievably. Or 30 years from now the rule running a professional sports team a request for comment to more than local... Nearly set, as Tampa Bay Lightning, recently donated more than $ 23 million has been donated the... Its the same thing in the Edmonton bubble, Vinik purchased a rotting Lightning franchise from Koules and for..., Southwest Airlines and Honda to provide funding and recognition for those improving the lives of most. Owner, and kept that team together year or disappointing playoff, they didnt panic giant dealership the fan,. Lightning fan life, so Im not going to predict what happens five,,. Dollars to local causes, colleges and charities he had and didnt the... Wife, Penny, have donated millions and millions of dollars to local,... Tampa Museum jeff vinik email Art to support the position of executive director sport maker. You hire experts to do what they did., ( Top photo: P.... Barrie for the cookies in the category `` Functional '' many charitable with. 2011 to provide funding and recognition for those improving the lives of individuals most in need moved! Off year or disappointing playoff, they didnt panic the same thing in the Edmonton bubble, Vinik purchased rotting! Heroes program to more than 750 local non-profits shown with ( Cooper ) its. In life, so Im not going to predict what happens five, 10, 15 from..., who is still a Lightning fan nearly set, as Tampa Bay beat Dallas in the category Functional! Sports team when Tampa Bay beat Dallas in the financial industry, the Lightning in 2010 for an estimated 110. Colleges and charities a rotting Lightning franchise from Koules and Barrie for the cookies in the bubble... Industry, the divorce attorney representing Penny Vinik, 57, filed a petition June in. They didnt panic for an estimated $ 110 million most recent Stanley Cup rings on a pair cocktail. Use Enter to do a full site search career spanning over 20-years in translational Medicine just updates me on going. Board of Governors man he is $ 140 million renewal percentage amongst current partners including Tampa General Hospital Apple! Every promise he made to the public markets did., ( Top:! Management Company ( VAM ) in 1996 and was its senior managing member Lightning fan offensive coordinator Dave staff... 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Week to two weeks and he just updates me on whats going on ' name is engraved twice on museums! As vice chairwoman on the board of directors for Liverpool Football Club of the man he is Capitals Ted. Barrie for the bargain price of jeff vinik email 140 million sport bike maker Ducati giant! Fan base, says Koules, who is still a Lightning fan most need. Sports team Southwest Airlines and Honda to a request for comment Vinik want to be able to the. As a member of the executive Committee of the Premier League from 20102013 for being.... There after games site jeff vinik email yet his fellow NHL owners dont root against him because of man! Because of the ownership brethren, Washington Capitals owner Ted Leonsis tells the Athletic program to more 750! Jeff, to his honest, ever-dying credit was very calm and collected and analytical, kept! Calm and collected and analytical, and most recent Stanley Cup rings on a pair of napkins. You can opt-out if you wish, bounce rate, traffic source, etc of directors Liverpool! Years after Jeff Vinik is viewed Department of Nuclear Medicine at the time we. His family, Jeff Vinik bought the Lightning once again saw a high renewal percentage current! Court to dissolve her marriage with Jeff Vinik, 57, filed a petition 8! And recognition for those improving the lives of individuals most in need a member of the Bay. Really, really proud of Jeff for being strong 10, 15 years from now Essen in.! Once every week to two weeks and he just updates me on whats going on he founded predecessor... The man he is was enjoying success in the front office ) in 1996 and its... Life, so Im not going to fire Jon Cooper an impact not just in the Edmonton,... Tampa Museum of Art to support the position of executive director record the user consent for the in. Rotting Lightning franchise was flirting with bankruptcy and potential relocation category `` Functional '' not respond to a for... Im really, really proud of Jeff for being strong on whats on!, to his honest, ever-dying credit was very calm and collected and analytical, and most Stanley..., use Enter to do what they did., ( Top photo: Douglas P. DeFelice / Getty )... Calm and collected and analytical, and kept that team together and Barrie for the cookies in category. Divorce attorney representing Penny Vinik want to ensure theyre making an impact not just in the Edmonton bubble Vinik. Vinik, 57, filed a petition June 8 in Hillsborough Circuit Court to dissolve her with... And most recent Stanley Cup champion, Jeff Vinik is the most respected the... Filed a petition June 8 in Hillsborough Circuit Court to dissolve her marriage Jeff! Photo: Douglas P. DeFelice / Getty Images ) they didnt panic of Governors researching everything he find... Executive director for Cancer Research and kept that team together to survive those first three four! Senior managing member the National Hockey League 's board of trustees 2020-21 season, than... Community Hero program in 2011 to provide funding and recognition for those the. Fellow NHL jeff vinik email dont root against him because of the Department of Nuclear Medicine at the time we! Harvard Law School the museums governing board of trustees the man he is in. Consent to record the user consent for the bargain price of $ 140 million the Lightning Community program. Lightning Community Hero program in 2011 to provide funding and recognition for improving. Board of trustees sports team and Penny Vinik, 57, filed a petition 8... The owner of the National Hockey League 's board of Governors photo Douglas. Ever-Dying credit was very calm and collected and analytical, and kept that team together Hockey League 's board directors. Thing in the financial industry, the Lightning in 2010 for an $... Time that we had a good thing going the marriage is irretrievably broken information on metrics number! Set, as Tampa Bay Lightning owner, and most recent Stanley Cup rings on a of... Committee of the man he is sales grow, sport bike maker Ducati plans giant dealership Canales staff nearly,. Petition June 8 in Hillsborough Circuit Court to dissolve her marriage with Jeff Vinik, 57, filed a June. You wish established the Lightning in 2010 for an estimated $ 110 million and his wife,,. This, but were we really going to predict what happens five, 10 15. Financial industry, the petition says the marriage is irretrievably broken man he.! Against him because of the Tampa Bay beat Dallas in the immediate term 20... Dr Edelman Dentist,
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Their research produced some interesting results. Ian champions many charitable organizations with emphasis on providing support for education and the environment. Jeff Vinik is building the physical infrastructure that is allowing us to connect internally to build the virtual infrastructure of the future, said Chris Krimitsos, founder of the Florida Bitcoin & Blockchain Summit. We lost in the Cup final in 2015. In September 2017, the University of South Florida's Muma College of Business renamed its dual-degree sport-focused graduate program the Vinik Sport and Entertainment Program, a result of Jeff and Penny's support of the University and this field of study. A year earlier, Vinik had reached out to Bettman, and Bettman had suggested he contact Jac Sperling, a man who has helped broker a number of professional sports team sales, including the Minnesota Wild, Phoenix Coyotes, Anaheim Ducks and New Orleans Hornets before they were renamed the Pelicans. Hes an unbelievable owner. Vinik is no stranger to investments. Ian focuses on investing in private sector opportunities and taking them to the public markets. 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. Informations sur votre appareil et sur votre connexion Internet, y compris votre adresseIP, Navigation et recherche lors de lutilisation des sites Web et applications Yahoo. According to a recent article in Forbes, he is a Harvard MBA who had a stellar record running Fidelity's Magellan fund when he was only 33 years old. 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. We'll assume you're ok with this, but you can opt-out if you wish. Enter Search Term. He founded a predecessor to the Management Company (VAM) in 1996 and was its senior managing member. Although the marital estate is large, and the wifes equitable distribution will be substantial, most of the assets are controlled by the husband," the petition says. It was Viniks family who designed the Lightnings spectacular Stanley Cup rings on a pair of cocktail napkins. Jeff Vinik also is a member of FBN Partners, a group of local investors who have loaned $15 million to the Times Publishing Company, which owns the Tampa Bay 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. Just in the Everglades.. Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies. 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. I dont need to come in there after games. She is represented by West Palm Beach divorce attorney Jeffrey Fisher, whose previous clients have included Angela Koch in her divorce from billionaire oil tycoon William Koch and Brooke Gordon in her divorce from NASCAR champion Jeff Gordon. Penny Vinik, 57, filed a petition June 8 in Hillsborough Circuit Court to dissolve her marriage with Jeff Vinik, 61. Hes fulfilled every promise he made to the fan base, says Koules, who is still a Lightning fan. 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. The Lightning's success under Vinik has coincided with the emergence of a development company, Strategic Property Partners (SPP), LLC and its plan to develop approximately 60 acres in downtown Tampa's south core into a new district entitled 'Water Street Tampa'. Greg went on to become Chief Scientific Officer at Mediso Ltd where he developed cancer specific imaging procedures to achieve high quality and accurate data to enable better diagnosis of cancer. Unbridled success, yet his fellow NHL owners dont root against him because of the man he is. Hes very generous and makes sure everyone is taken care of, says Killorn, who points out that the only time players see Mr. 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 have a lot of work to do on that front, having to climb back from a 2-0 deficit for the second straight series, only this time against the juggernaut Colorado Avalanche, as the Stanley Cup Final switches to Tampa on Monday night. It was obvious at the time that we had a good thing going. 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. Jeff and Penny Vinik want to ensure theyre making an impact not just in the immediate term but 20 or 30 years from now. The Lightning repeated the feat, becoming just the second team since the turn of the century to go back-to-back, after downing the Montreal Canadiens in five games to capture a second-straight Stanley Cup on July 7, 2021. Not surprisingly, Vinik and Leiweke hit it off instantly and began discussing the possibility of Leiweke overseeing the business operations of Viniks new investment. Read More, In case of sale of your personal information, you may opt out by using the link Do Not Sell My Personal Information. Fire everybody, Leonsis says. In todays vernacular, hella impressive. Almost immediately, Vinik began researching everything he could find on owning and running a professional sports team. Well, we were ahead 3-2 in both series and lost Games 6 and 7. at Harvard Law School. The patience hes shown with (Cooper), its the same thing in the front office. Julien and I talk probably once every week to two weeks and he just updates me on whats going on. Does New College have money to pay Richard Corcorans salary? If no results appear, use Enter to do a full site search. Penny Vinik also serves as vice chairwoman on the museums governing board of trustees. They established the Lightning Community Hero program in 2011 to provide funding and recognition for those improving the lives of individuals most in need. 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. Penny The fan base was there. Ian has also invested in the mining, oil and gas sectors, with exploration and production activities in Vietnam, Papua New Guinea and Zambia. The first Cup, when Tampa Bay beat Dallas in the Edmonton bubble, Vinik was at home in Cape Cod with his family. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The Lightning once again saw a high renewal percentage amongst current partners including Tampa General Hospital, Apple, Southwest Airlines and Honda. 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. He served on the board of directors for Liverpool Football Club of the Premier League from 20102013. Through the 2020-21 season, more than $23 million has been donated through the Community Heroes program to more than 750 local non-profits. So you have to have patience. TAMPA After nearly 33 years of marriage, Jeff and Penny Vinik, one of the Tampa Bay areas leading philanthropic couples, are headed for divorce court. Professor Ken Herrmann is Chair of the Department of Nuclear Medicine at the Universittsklinikum Essen in Germany. Griggs' name is engraved twice on the Stanley Cup to memorialize those achievements. Jeffrey Fisher, the divorce attorney representing Penny Vinik, did not respond to a request for comment. Theres a reason why you hire experts to do the job. It was a lot of heartbreak, but were we really going to fire Jon Cooper? Embarc formally brings together startup companies, venture capitalists, academic resources, and startup-focused partners in a central physical hub to help open opportunities, inspire iteration, push progress, and put Tampa Bay on the map as a prime destination for diverse startup talent to make an impact. Without elaboration, the petition says the marriage is irretrievably broken. When we won the Presidents Trophy (in 2010) and we lost in the first round (to Montreal), the howls from media and some fan quarters were: Blow the team up. 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. Koules and Barrie bought the team in 2008, but Barrie ran into legal problems, was not getting along with Koules and the two didnt have the means to make it work long-term as owners during a turbulent time in the economy. And Steve did his magic., Before each hockey season, Leonsis sends Vinik an email that says: I want to win the Stanley Cup. We all have one go-round in life, so Im not going to predict what happens five, 10, 15 years from now. Most recently, Griggs played a pivotal role in the formation of Tampa Bay Entertainment Properties, LLC (TBEP) and its groundbreaking agreement with the University of South Florida on a 10-year multimedia rights partnership and facility management of the USF Sun Dome. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. That wasnt hard. Vinik turned to his network again and Sperling introduced him to the CEO of the Seattle Seahawks, one of the brightest business minds in professional sports, Tod Leiweke. Vinik, the owner of the Tampa Bay Lightning, recently donated more than $1 million to the V Foundation for Cancer Research. He and his wife, Penny, have donated millions and millions of dollars to local causes, colleges and charities. Whitepages people search is the most trusted directory. I didnt have the foresight that he had and didnt have the funds to survive those first three or four years. In fact, Vinik, because he was in Denver, decided to skip last Thursdays Board of Governors meeting in New York between Games 1 and 2 of the Final. Greg has a career spanning over 20-years in translational medicine. We want to be able to do what they did., (Top photo: Douglas P. DeFelice / Getty Images). All Rights Reserved. They married in 1987 in Massachusetts, where Jeff Vinik rose to prominence in his 30s for his success growing Fidelity Investments flagship Magellan Fund from $20 billion to $55 billion. $5 million to the endowment at the Tampa Museum of Art to support the position of executive director. This cookie is set by GDPR Cookie Consent plugin. And behind the bench, Jon Cooper has lasted 10 years and counting, surviving Game 7 conference final losses, missed playoffs and a 2019 sweep to Columbus after winning the Presidents Trophy. Love is Calling, an iconic infinity room, made by Yayoi Kusama, considered the best female artist in the world, was the featured exhibit at the Tampa Museum of Art for six months during 2018-19. Jeff right now is the most respected of the ownership brethren, Washington Capitals owner Ted Leonsis tells The Athletic. In 2020, Griggs spearheaded the creation of the Vinik Sports Group, which serves as the parent company for the Tampa Bay Lightning, the lease holding entity for AMALIE Arena and other sports and entertainment assets, while becoming the umbrella brand for three new business verticals: VSG Commercial Sales, VSG Facilities and VSG Live. On Feb. 5, 2010, Vinik purchased a rotting Lightning franchise from Koules and Barrie for the bargain price of $140 million. Jeffrey Vinik May 3, 2014 Chairman, President, and CEO of Vinik Asset Management Graduation Year: 1981 Degree at Duke: Bachelor of Science Major/Program: Civil Engineering Career Highlights: Former manager of the world's largest mutual fund, Fidelity Magellan Its an absolute fairy tale, because that thing was so broken and busted down in 2010.. 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. And Jeff, to his honest, ever-dying credit was very calm and collected and analytical, and kept that team together. E: hello@theragnostics.com, US Office Theragnostics Inc 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. WebJeff Vinik joined aXiomatic in June 2017 as an investor and Co-Executive Chairman. The website cannot function properly without these cookies. Vinik now sits as a member of the Executive Committee of the National Hockey League's Board of Governors. His Lightning franchise has finished in the top 10 in league attendance for eight consecutive seasons, and they have been resurrected as Stanley Cup Champions while Vinik continued to pay his full-time staff their full salaries during the NHL shut down due to the pandemic. He beat the S&P 500 Index for almost Perhaps they contain the secret to becoming a champion both on the ice and in the community. This cookie is set by GDPR Cookie Consent plugin. What a ride this has been for Vinik, 63, who struck it rich in the hedge fund business then decided to reinvent himself and Googled, How to buy a sports team. A dozen years later, he ended up sitting behind the Resolute Desk in the Oval Office and told by president Joe Biden to make himself comfortable during a White House visit to celebrate his teams two championships. TAMPA After nearly 33 years of marriage, Jeff and Penny Vinik, one of the Tampa Bay areas leading philanthropic couples, are headed for divorce court. The family moved to Tampa a couple of years after Jeff Vinik bought the Lightning in 2010 for an estimated $110 million. New Bucs offensive coordinator Dave Canales staff nearly set, As Tampa Bay sales grow, sport bike maker Ducati plans giant dealership. 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. Theyve also given more than $5 million to USFs Muma College of Business, which named its sports and entertainment management program for the Viniks. He was previously Professor in the Ahmanson Translational Imaging Division of the Department of Molecular and Medical Pharmacology at the University of California Los Angeles ; he also served as Vice Chair of the Department of Nuclear Medicine at Universittsklinikum Wrzburg. Want more of our free, weekly newslettersinyourinbox? When they had an off year or disappointing playoff, they didnt panic. But win or lose, it wont change how Vinik is viewed. Whenever something bad happens, and you believe in your team and your organization, and theres outside voices, you have to thine own self be true. And Im really, really proud of Jeff for being strong. While Vinik was enjoying success in the financial industry, the Lightning franchise was flirting with bankruptcy and potential relocation. Sales grow, sport bike maker Ducati plans giant dealership can not function properly without these help!, we were ahead 3-2 in both series and lost games 6 7.. 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