He went on to earn his Master of Business Administration degree from the Harvard Business School, graduating in 1985. But Vinik and BriseBois didnt do anything rash. At 50 years old or so, 12, 13 years ago, my life changed in a direction I could not have imagined. And we ended up with a good hockey team, which doesnt hurt either.. 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. Vinik is no stranger to investments. He uprooted his family his wife, Penny, and four children to Tampa, made the Lightning his full-time job and has become one of the citys biggest philanthropists. He oversees all of the organization's business operations, including all concerts and events held at AMALIE Arena. He founded a predecessor to the Management Company (VAM) in 1996 and was its senior managing member. I do know that going to hockey games and owning the Tampa Bay Lightning and being part of the community there is the most fun thing I do. Perhaps they contain the secret to becoming a champion both on the ice and in the community. But this has all been hard to believe.. In addition, the team has added several new best-in-brand local, national and international partners including Cigar City Brewing, Pepsi, Grant Thornton and Ling Long Tires. 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. Fire everybody, Leonsis says. Killorn adds that Vinik couldnt be a better owner. When Vinik bought the franchise for a reported $170 million in the middle of a recession in 2010, the Lightning had 2,000 full season-ticket holders, less than a dozen suite holders and little corporate support. Look at the little bit of pain and look at all the gain that hes gotten since then.. Any one of us would love to be in his shoes right now, for sure, but hes one of the most respected owners Ive ever been around., And Edmonton Oilers owner Daryl Katz: Jeff is a leader amongst NHL owners for what he has accomplished in Tampa both on and off the ice. When they had an off year or disappointing playoff, they didnt panic. Over the past nine years, the team has invested close to $100 million in renovations to the arena with more scheduled, continuing to create a world class experience of fans, season ticket members and corporate partners. Jeff having confidence in his organization, we can use that. Now that he had hired the right people and provided them with the resources to rebuild the struggling franchise, Vinik shifted his focus and energy into how the organization could have a positive impact in the Tampa community. The guy in the middle of it all was Jeff, Leiweke says. Julien came over to my house, we talked for 2 hours, and we he, since hes the boss came up with the brilliant idea not to blow it up, Vinik says, sarcastically. 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. Penny and Jeff Vinik, a Tampa Bay power couple, have put their divorce proceedings on hold for now, filing for a 90-day pause. The parties enjoy a very high standard of living which should be maintained without interruption on a temporary basis.. The older three children are in their 20s. 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. Owner of Tampa Bay Lightning hockey team and co-developer of major real estate project. Does New College have money to pay Richard Corcorans salary? And Jeff, to his honest, ever-dying credit was very calm and collected and analytical, and kept that team together. 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 has given the organization the support, year in, year out, to compete for the Cup and also build the fan base. In 2013 he closed his firm to focus his efforts on his growing business interests in Tampa including one of the citys leading sports properties. They established the Lightning Community Hero program in 2011 to provide funding and recognition to those improving the lives of individuals most in need. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers. We hired brilliant people in Tod Leiweke and Steve Griggs. New Bucs offensive coordinator Dave Canales staff nearly set, As Tampa Bay sales grow, sport bike maker Ducati plans giant dealership. Vinik, the owner of the Tampa Bay Lightning, recently donated more than $1 million to the V Foundation for Cancer Research. Thats my job, my hobby. He served on the board of directors for Liverpool Football Club of the Premier League from 20102013. And in return for that faith and trust, Cooper has rewarded them with two Cups and a chance for a third this year. Before coming to Tampa Bay, Griggs spent nearly three years serving as executive vice president of sales and marketing for the Orlando Magic. Prior to Griggs' arrival, the Lightning played to 83 percent capacity or less for two consecutive seasons before seeing a major turnaround at the gate and a major brand renaissance. 150 Grossman Drive #306, Braintree, MA 02184, T: +1 617 286 7479 Penny Vinik has made a substantial contribution to the acquisition of the parties assets and the produce of income throughout this 33-year marriage, the petition says. Like (former Blue Jackets coach) John Tortorella said (to The Athletics Joe Smith), they created a monster., The @TBLightning believe getting swept by @BlueJacketsNHL was a turning point in their championship arc. E: hello@theragnostics.com, US Office Theragnostics Inc Ian Gowrie-Smith was born in Australia and educated at Geelong Grammar and Melbourne University. Facebook; Twitter; Facebook Messenger; Pinterest; Email; print; TAMPA, Fla. -- The Tampa Bay Lightning and team owner Jeff Vinik are donating $2 million toward Hurricane Ian relief efforts.. It took some time, but Leiweke eventually agreed to take on the role of Lightning CEO and he got started rebuilding their business operations. Professor Ken Herrmann And again, thats scary, but it was also opportunity to bring in people that bring their A games every day. Tod is so good at building a championship brand. The JSESSIONID cookie is used by New Relic to store a session identifier so that New Relic can monitor session counts for an application. Thunderstruck: Celebrate the Tampa Bay Lightnings one-of-a-kind championship season with this hardcover collectors book. WebVerified contact information for Jeff Vinik - Chairman & Governor, Tampa Bay Lightning Hockey Club including email address, phone number and personality insights that will Tampa Bay sale all but done.. Jeff Vinnik Boston hedge fund guy buys from Oren Koules and Len Barrie.. Should be announced friday.. Oh, and on the ice, in the 12 years Vinik has owned the team, the Lightning have enjoyed unrivaled success. I dont need to go in and talk to the coaches., I could, and a lot of owners do. He also poured $80 million into Amalie Arena renovations, including the installation of a massive center-hung arena HD video display board, the largest of its kind in North America at the time. Like, Ive never said, We have to trade for that player. I would never think to do that, Vinik says. He graduated Phi Beta Kappa from Duke He also oversaw the introduction of the Lightning and AMALIE Arena's new Cur(ate) TPA initiative, bringing to life a focus to deliver fans and arena guests the very best in fresh, local food and beverage options, while also concentrating on variety, value, service and sustainability. Im actually taking notes. During his time in Orlando, Griggs oversaw the Magic's corporate partnerships, premium sales and services, season ticket services and operations, brand management, event presentation and ticket sales departments. Tampa Bay Lightning and tampabaylightning.com are trademarks of Lightning Hockey L.P. NHL, the NHL Shield, the word mark and image of the Stanley Cup and NHL Conference logos are registered trademarks of the National Hockey League. Penny Vinik is the chair of a community arts initiative which is enabling Tampa Bay-based artists to display their works throughout AMALIE Arena. To find out more see our. Additionally, he donated $300,000 to provide food boxes for underprivileged families in the Tampa area and, with his donation, 300 meal boxes are being provided each day. The first abatement was granted on June 29, just three months after Penny Vinik, 57, filed for divorce. The Beach came to AMALIE Arena in 2016 and featured 1.2 million translucent white balls, creating an indoor beach for nearly 100,000 patrons. He is currently the Chair of the EANM Oncology & Theragnostics committee and Section Editor of the Journal of Nuclear Medicine. Griggs continues to play a significant role in the vast improvements being made each year to AMALIE Arena. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. A $50,000 grant is given out at each home game to the community heros charity of choice. By 2009, the organization was losing tens of millions of dollars, had one of the lowest season ticket bases in the NHL (4,500 season ticket holders) and played in a facility that needed significant upgrades. In Minnesota, Griggs' responsibilities included overseeing all Wild and MSE ticket sales and service, corporate sales and service, suite sales and service, retail operations as well as group and event suite sales. But Viniks cohorts have grown to respect his humility, his wit, his brain, his ability to hire talented people and his acts of kindness, which are legendary in Tampa. With construction underway to stabilize the business side, Vinik set his sights on the hockey side and needed to recruit a general manager who could bring the team back to being contenders. It was the largest single gift in the 90-year history of the Boys and Girls Clubs of Tampa Bay. WebView phone numbers, addresses, public records, background check reports and possible arrest records for Jeffrey Vinik. I was glad when the cavalry arrived. We are reconciling very well, and I am extremely optimistic that we will have a positive resolution to some of the challenges that weve had.. "Therefore, the wife seeks temporary alimony. pic.twitter.com/BfVsB3RYlE. The success really speaks for itself: winning back-to-back Cups, in the Final again for a chance at a third Cup. Viniks Lightning team won the franchises second Stanley Cup, and first in his decade of ownership, in October, and the Water Street Tampa project has created unprecedented downtown growth around Amalie Arena. He is currently a Director of the Whitehead Institute for Biomedical Research, Myriad Genetics, Inc. (NASDAQ: MYGN) and Brooklyn ImmunoTherapeutics, Inc. (NYSE American: BTX). Vinik has worked in the investment management business his entire career. The Lightning once again saw a high renewal percentage amongst current partners including Tampa General Hospital, Apple, Southwest Airlines and Honda. Hes just taken it to such a different level. If theres anything Ive learned over the last 12 years, I think Im pretty good at hiring people.. 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. WebJeff Vinik joined aXiomatic in June 2017 as an investor and Co-Executive Chairman. Griggs first joined the organization as COO on August 31, 2010. In 2021 he became a two-time Stanley Cup Champion after the Lightning captured back-to-back titles. In todays vernacular, hella impressive. Griggs' name is engraved twice on the Stanley Cup to memorialize those achievements. He always strikes me as somebody who never stops learning, and theres no ego that gets in the way of him continuing to learn. They pledged $20 million to the community since Jeff bought the Lightning in 2010 and have surpassed that amount through the teams Community Hero program alone. Jeff and Penny respectfully request privacy while they amicably work on their relationship, Bill Wickett, a spokesman for Jeff Vinik, said in an email to the Tampa Bay Times. If you had told me 12 years ago that Id own a hockey team, that Id be living in Tampa Bay, that wed be winning Stanley Cups, going to the White House, doing a real estate venture with Bill Gates, I wouldve said, Who is this person?, I never try to plan out too much. $1 million to preserve the Jackson House, a run-down but historic Tampa rooming house that hosted black civil rights leaders and entertainers during segregation. He is on the board of Sofie Biosciences. Well, we were ahead 3-2 in both series and lost Games 6 and 7. The Vinik family has also directly contributed to several local non-profits, including the Florida Aquarium, Tampa Museum of Art, the United Way of Suncoast, Metropolitan Ministries and Tampa Preparatory School and Jeff served as the Chairman of the American Heart Association's 2018 Tampa Bay Heart Walk. 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. Hes built Tampa into a great hockey market.. He has covered the NHL since 1995 (Florida Panthers) and the Wild since 2005, previously for the South Florida Sun-Sentinel and Minneapolis Star Tribune. Vinik is also the impetus behind Embarc Collective, an innovation hub which opened in downtown Tampa in 2019. 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. A court document search Tuesday evening showed the case remained open, but sources familiar with the case said Penny Vinik voluntarily dismissed the case on Tuesday. He didnt abandon his principles.. Penny Vinik is seeking temporary exclusive use of the couples homes in South Tampa and Chatham, Mass., as well as Porsche sports utility vehicles that she regularly uses at both homes. Jeff Vinik purchased the Tampa Bay Lightning on March 3, 2010, promising a comprehensive transformation of the franchise while pledging to make a significant positive impact in the Tampa Bay community, and he has delivered. NHL owners are competitive by nature and dont make a habit of raving about each other, especially those who are monopolizing Stanley Cup Final appearances. There are stories of him secretly paying the college tuition of arena workers and helping pay off mortgages. Michael Russo is a senior writer covering the Minnesota Wild and the National Hockey League for The Athletic. This website uses cookies to improve your experience while you navigate through the website. 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. These cookies ensure basic functionalities and security features of the website, anonymously. I have been following the stadium developments, including the site selection, with great interest. Jeff and Penny reside in South Tampa and have four children: Danny, Jared, Kyra, and Joshua. The Viniks have been one of the areas most active philanthropists. Hes an unbelievable owner. The Aurora, Ontario native also worked for Maple Leaf Sports & Entertainment (MLSE), the NBA's Toronto Raptors (1994-99) and the NHL's Toronto Maple Leafs (1998-99) as the director of ticket sales and service, where he led the sales and relocation efforts from historic Maple Leaf Gardens into Air Canada Centre in Toronto. Together, they have been one of the areas leading philanthropic families. Penny and Jeff have filed an We had a great team. Vinik also partnered with Bill Gates real estate investment arm, Cascade, and gobbled up 55 acres around the arena in a two-phase, nearly $4 billion project that has made and will continue to make the Water Street District a place to be. Three crowd-pleasing art installations: the Beach Tampa at Amalie Arena in 2016, the free collection of Lego sculptures known as the Art of the Brick in 2017, and Yayoi Kusamas Love is Calling to the Tampa Museum of Art in 2018. TAMPA Tampa Bay power couple Jeff and Penny Vinik have officially reconciled their marriage, ending divorce proceedings on Tuesday in Hillsborough County Circuit Court. Viniks mantra: Hire good people, then dont interfere. LinkedIn sets this cookie to store performed actions on the website. Please provide a valid email address. Mr. Vinik serves as Chairman, Chief Investment Officer and Chief Executive Officer of the Vinik Asset Management (the Management Company). Ian has also invested in the mining, oil and gas sectors, with exploration and production activities in Vietnam, Papua New Guinea and Zambia. 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. Vinik and his franchise became Stanley Cup Champions on September 28, 2020 when the Lightning defeated the Dallas Stars in six games after spending 65 days in the pandemic-induced NHL "Bubble." It just had gone on sabbatical. 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 A large portion of the population had an affinity for a game usually reserved for northern US states and Canadian provinces. One of Tampa Bay's leading philanthropic couples takes time to work on reconciling. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Vinik has worked in the investment management business his entire career. We extended the abatement another two months this week, Jeff Vinik told the Times in September. Jeff Vinik also is a member of FBN Partners, a group of local investors who have loaned $15 million to Times Publishing Co., which owns the Tampa Bay Times. 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. I think that is the heart of Jeffs success, and its not easy to do in our world, Chipman says. 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 Nous, Yahoo, faisons partie de la famille de marques Yahoo. Ian has also invested in the mining, oil and gas sectors, with exploration and production activities in Vietnam, Papua New Guinea and Zambia. Griggs has helped lead the Lightning through six very successful seasons on and off the ice, including back-to-back Stanley Cup Championships and the Bolts' unprecedented regular season success in 2018-19, the team winning a franchise-best 62 games, tied for the most ever in NHL history. Greg is leading a team to expand their product portfolio and the commercialization of Ga-68 THP-PSMA, a prostate cancer imaging diagnostic. Peerfit, a Tampa digital health company, has raised $10 million in a funding round led by Tampa Bay Lightning owner Jeff Vinik and Virgo Investment Group, a San Francisco-based investment firm. In mid-2009, former Lightning owners Oren Koules (a Hollywood executive) and Len Barrie (former NHLer) had come to grips with reality. Even watching him watch a game, he doesnt get emotional, Griggs says. We are all in this business to win the Stanley Cup. 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. Contact Eduardo A. Encina at eencina@tampabay.com. Beginning at Fidelity Investments he went on to helm the Magellan Fund before leaving to establish his own firm, Vinik Asset Management, a long-short equities hedge fund. The website cannot function properly without these cookies. They owned a losing franchise, both on and off the ice, they were disconnected from their fan base and they needed a way out. Ian is best known for having founded and chaired two billion-dollar companies in the pharmaceutical sector, Medeva PLC and Skyepharma PLC. I ran the Lightning until we brought in the cavalry, Sperling says, before snickering. WebIn 1996, he left Fidelity to establish his own firm, Vinik Asset Management, a long-short equities hedge fund based in Boston where he grew assets under management from Vinik had no shortage of options and the newly formed duo began conducting market research on the various teams and marketplaces. Im worried theyll unanimously vote in a rule that prohibits teams from Florida to win the Stanley Cup, Vinik jokes. Vinik left no stone unturned and his studies took him from how to build sales and marketing programs all the way to learning the entire NHL Collective Bargaining Agreement (CBA). Set by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category . It was bleak there for a while, Vinik says. That filing referred to the marriage as irretrievably broken. Tampa Bay Lightning owner, and most recent Stanley Cup champion, Jeff Vinik is the exception to the rule. The Tampa Bay Sports Store at Amalie Arena features a selection of Tampa Bay Lightning t-shirts, jerseys, autographed memorabilia and more! We created a monster. https://t.co/tLVEvDzG4k, Alex Killorn, in his 10th season as a Lightning forward, says, Before I got here, it wasnt a great situation by any means, but with good drafting and with Mr. Vinik hiring the right people to manage the team, here we are.. 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. It was obvious at the time that we had a good thing going. Youll get a roundup of the biggest Tampa community news twice a week. Follow @EddieInTheYard. Hockey in Tampa goes back a lot before me, Vinik says of an organization that came into existence in 1992, was one of the losingest clubs in all of hockey in the 90s but won the Stanley Cup in 2004. They played in an unfinished arena with few bells and whistles because they ran out of money when constructing the building in the mid-90s. At a third Cup investment Management business his entire career of Ga-68 THP-PSMA a! 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