Jeffrey N. Vinik. But if we cant, I hope its you.. He is on the board of Sofie Biosciences. Many of the Viniks marital assets, according to the petition, are titled in the names of business entities such as partnerships, limited liability corporations, foundations and trusts. That is the goal, for our team, for our fans and for our community, says Katz, the Oilers owner. Its like the first two didnt happen. In addition, Jeff manages various family investments, oversees the Vinik Family Foundation with his wife, Penny, and is part owner, with Cascade Investment, of Strategic Property Partners, a real estate entity undertaking a $3 billion mixed use development project to revitalize downtown Tampa. He has taken vaccines from discovery through to pediatric Phase 2b clinical trials while at the National Institutes of Health in the United States. Analytical cookies are used to understand how visitors interact with the website. Penny Vinik, 57, filed a petition Monday in Hillsborough Circuit Court to dissolve her marriage with Jeff Vinik, 61, the owner of the Tampa Bay Lightning and a developer of Water Street Tampa. 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. At that time, Penny Vinik said her marriage was irretrievably broken in her petition. The Bolts were also the worst-performing team in the NHL between 2007 and 2010, putting together a miserable combined record of 89-118-39. From there, Vinik committed to a variety of programs including a $3 billion investment in the Water Street project to revitalize the citys downtown core. When they had an off year or disappointing playoff, they didnt panic. At 50 years old or so, 12, 13 years ago, my life changed in a direction I could not have imagined. Ian has also invested in the mining, oil and gas sectors, with exploration and production activities in Vietnam, Papua New Guinea and Zambia. Penny and Jeff have filed an abatement to the divorce proceedings as they work on reconciling their marriage, Bill Wickett, a spokesman for Jeff Vinik, told the Tampa Bay Times in an email. 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. In executing his plan to bring a world class franchise to life in Tampa Bay, Vinik has invested more than $100 million in private funding into the publicly owned AMALIE Arena to create a guest-first facility recognized as one of the finest in the NHL. In February 2010, Koules, Barrie and the Lightning faithful got exactly what they wanted, and so desperately needed.Tampa Bay sale all but done.. Jeff Vinnik Boston hedge fund guy buys from Oren Koules and Len Barrie.. Should be announced friday.. Daren Millard (@darenmillard) February 5, 2010. Jeff and Penny Vinik want to ensure theyre making an impact not just in the immediate term but 20 or 30 years from now. It was bleak there for a while, Vinik says. Enter Search Term. Follow Michael on Twitter @RussoHockey, Nikita Kucherov and Jeff Vinik (Mark LoMoglio / Tampa Bay Lightning), Joe Biden and Jeff Vinik (Mark LoMoglio / Tampa Bay Lightning), Jeff Vinik (Douglas DeFelice / USA Today), Fall Out Boy to play a celebratory Cup party. Since the outbreak of the COVID-19 pandemic, the couples donations to coronavirus relief efforts have approached $2 million. After several long phone calls and a trip to Detroit, Vinik got his man and Yzerman brought instant credibility to a franchise in peril. 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. The fan base was there. He needed a new challenge and he wanted to make a difference. 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. Hes built Tampa into a great hockey market.. It wasnt just getting swept in 2019, Vinik says. Penny Vinik is the chair of a community arts initiative which is enabling Tampa Bay-based artists to display their works throughout AMALIE Arena. 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'. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Theyve been doing this since 2011. 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. 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. In May 2012, the family made a $10-million donation to Duke to establish a faculty challenge fund that is being used to hire and retain professors who focus on complex societal challenges such as engineering and related areas in energy, global health, brain sciences and the environment. What Jeff is doing and what he set out to do from Day 1, on and off the ice, has been second to none. The $189 million medical school building is an anchor for the $3 billion Water Street Tampa project, which Vinik is developing in partnership with Cascade Investment, the private wealth fund of Microsoft co-founder Bill Gates. Founded in 2009, The Hockey Writers is a premier destination for news and information on everything hockey. 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. Related: From NHL Pause to Playoffs: How to End the 2019-20 Regular Season. We had a great team. To make matters worse, the US was struggling to navigate its way through the most devastating economic crisis since the Great Depression, and Florida was among the states hardest hit. Nous, Yahoo, faisons partie de la famille de marques Yahoo. The agreement grants TBEP the exclusive rights to all commercial multimedia sports marketing, sponsorship, and respective inventory possessed by USF Athletics. The Lightning's community hockey department, Lightning Made, has opened new outdoor street hockey rinks across the Tampa Bay area, and is committed to opening 10 public outdoor street hockey rinks through their Build the Thunder 2.0 and Connect the Thunder programs. Of course, were not going to blow it up! Griggs first joined the organization as COO on August 31, 2010. WebAbout. I dont think thats happened in the history of organized sports, laughs Tod Leiweke, who Vinik hired to be CEO months after buying the team. In mid-2009, former Lightning owners Oren Koules (a Hollywood executive) and Len Barrie (former NHLer) had come to grips with reality. 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This cookie is installed by Google Analytics. 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. Subscribe to our free Tampa Times newsletter. $2.5 million to renovate and expand a Boys and Girls Club recreation center in the Palm River area. 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. Copyright 1999-2020 Lightning Hockey, L.P. and the National Hockey League. Ian has also invested in the mining, oil and gas sectors, with exploration and production activities in Vietnam, Papua New Guinea and Zambia. Business mogul, philanthropist, innovation investor and Tampa Bay Lightning owner Jeff Vinik sat down with St. Pete Catalyst publisher Joe Hamilton to discuss He previously served as CEO of Neose Technologies, Inc.; was President of Dr Reddys North American business; and was Senior Vice President of Research and Development at GlaxoSmithKline plc. There was nobody in Section 309, 10, 11, 12, 13, Griggs recalls. You also have the option to opt-out of these cookies. I didnt have the foresight that he had and didnt have the funds to survive those first three or four years. Baden holds an MBA from London Business School, and both a Masters degree in Commerce and Bachelors degree in Economics from the University of Sydney. Ian is a Trustee of the Global Outward Bound Charity which takes children from the city and places them in challenging outdoor environments. The patience hes shown with (Cooper), its the same thing in the front office. Jeff Vinik is the Owner and Chairman of the National Hockey League team Tampa Bay Lightning, and serves on the NHL Board of Governors and Executive Committee. The turnaround was nothing less than spectacular. Theyve also given more than $5 million to USFs Muma College of Business, which named its sports and entertainment management program for the Viniks. When Koules needed to sink a boatload more money into the team, commissioner Gary Bettman introduced him to Vinik. Almost immediately, Vinik began researching everything he could find on owning and running a professional sports team. That wasnt hard. Prior to being tabbed as CEO, he spent one year as team president and four as chief operating officer. pic.twitter.com/BfVsB3RYlE. So you have to have patience. Penny and Jeff Vinik, a Tampa Bay power couple, have put their divorce proceedings on hold for now, filing for a 90-day pause. Vinik, the owner of the Tampa Bay Lightning, recently donated more than $1 million to the V Foundation for Cancer Research. Vinik had no shortage of options and the newly formed duo began conducting market research on the various teams and marketplaces. Vinik is no stranger to investments. Ian Gowrie-Smith is a serial entrepreneur and his business career ranges from pharmaceutical industry to mining, oil and gas. In summer 2017, VFF hosted THE ART OF THE BRICK, the world's largest display of LEGO art, featuring more than 100 works of art by renowned contemporary artist Nathan Sawaya. Just in the Everglades.. Prior to joining the Magic, Griggs served for seven years as the vice president of sales and service for the Minnesota Wild of the National Hockey League and their parent company, Minnesota Sports & Entertainment (MSE). Theres a reason why you hire experts to do the job. If she has not withdrawn the petition by Sept. 24, the divorce litigation will resume. Vous pouvez modifier vos choix tout moment en consultant vos paramtres de vie prive. tampabaylightning.com is the official Web site of the Tampa Bay Lightning. Professor Ken Herrmann is Chair of the Department of Nuclear Medicine at the Universittsklinikum Essen in Germany. Does New College have money to pay Richard Corcorans salary? The law states that we can store cookies on your device if they are strictly necessary for the operation of this site. Off the ice, the Lightning brand has been completely revitalized and transformed, having been lauded by both ESPN as the No. 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." And Jeff, to his honest, ever-dying credit was very calm and collected and analytical, and kept that team together. All Rights Reserved. Jeff has given the organization the support, year in, year out, to compete for the Cup and also build the fan base. Hes a really genuine guy, a huge hockey fan and you see that in any interaction you have with him.. He started the Conflict Islands Conservation Initiative and runs volunteer programs for turtle protection and coral research. But if we cant, I hope its you. Thats how fond Leonsis has A $50,000 grant is given out at each home game to the community heros charity of choice. Related: Yzerman Has Defining Decisions To Make. Today, Griggs runs the business side and BriseBois the hockey side, so theres never been any upheaval only consistency in the organizations two most important leadership positions. It just had gone on sabbatical. Ian acquired the Conflict Islands atoll in Papua New Guinea and is a passionate conservationist, dedicated to preserving the natural beauty and diverse, revered ecosystem of the islands. Vinik has worked in the investment management business his entire career. 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. The proceedings were postponed twice, most recently with a two-month abatement granted on Sept. 15, while working to reconcile their marriage. In 2021 he became a two-time Stanley Cup Champion after the Lightning captured back-to-back titles. Im worried theyll unanimously vote in a rule that prohibits teams from Florida to win the Stanley Cup, Vinik jokes. Im actually taking notes. From 1992-1996, Jeff ran the Fidelity Magellan Fund, the worlds largest mutual fund at the time, and was twice named Portfolio Manager of the Year, first by Morningstar in 1993 and then by Mutual Fund Magazine in 1995. Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies. She says she agrees that he may have exclusive use of the couples home in Sarasota while the divorce is pending. They established the Lightning Community Hero program in 2011 to provide funding and recognition to those improving the lives of individuals most in need. 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. The donation of an acre of downtown land for the new USF Health Morsani College of Medicine and Heart Institute. And again, thats scary, but it was also opportunity to bring in people that bring their A games every day. But win or lose, it wont change how Vinik is viewed. Thunderstruck: Celebrate the Tampa Bay Lightnings one-of-a-kind championship season with this hardcover collectors book. In 2008, Vinik began to ponder the next chapter of his life and what that would look like. In the end, the Lightning and the city of Tampa hit the ownership jackpot. But I got a lot going on, Vinik continues with a big laugh. Mainly, we talk budgets. He sunk $40 million of his own money into a county-owned arena with no recourse. But Vinik vowed to make the Lightning a first-class organization and rescue a brand that was in the gutter. Ian focuses on investing in private sector opportunities and taking them to the public markets. Theyve pledged $20 million to the Tampa Bay community since Jeff purchased the Lightning in 2010 and the couple moved to the area. Well, we were ahead 3-2 in both series and lost Games 6 and 7. Marketing cookies are used to track visitors across websites. Updated hourly, with analysis, commentary and features from hundreds writers worldwide, our articles are read over 5 million times every month. Prior to taking home the top honors, the Lightning were ranked in the Top 10 in 2011, 2012, 2014 and 2015. Jeff Vinik joined aXiomatic in June 2017 as an investor and Co-Executive Chairman. They owned a losing franchise, both on and off the ice, they were disconnected from their fan base and they needed a way out. Im very lucky, the unassuming, unintimidating, very friendly Vinik says. Its an absolute fairy tale, because that thing was so broken and busted down in 2010.. With construction of phase one already underway, the district includes a School of Medicine for the University of South Florida, corporate office buildings, three Marriott hotel properties, residences, retail, restaurants, entertainment, and improved infrastructure. Four years everything Hockey Gary Bettman introduced him to Vinik TBEP the exclusive rights to all multimedia... 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