Limit 5. You will be hard-pressed to find anyone who is not happy for the 61-year-olds first Cup victory (save the 30 other NHL owners). 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. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. Slectionnez Grer les paramtres pour grer vos prfrences. The JSESSIONID cookie is used by New Relic to store a session identifier so that New Relic can monitor session counts for an application. Mainly, we talk budgets. Vinik is at the team Christmas party and after every series win. WebVerified contact information for Jeff Vinik - Chairman & Governor, Tampa Bay Lightning Hockey Club including email address, phone number and personality insights that will Michael is a four-time Minnesota Sportswriter of the Year and in 2017 was named the inaugural Red Fisher Award winner as best beat writer in the NHL. Without elaboration, the petition says the marriage is irretrievably broken. 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. An immersive, experiential work of art,LOVE IS CALLING invites visitors to enter a mirrored room with tentacle-like soft sculptures featuring with Kusama's signature polka dots and changing colors hanging from the ceiling and positioned on the floor. Jeffrey Vinik was a former manager of Fidelitys Magellan Fund, the largest actively managed mutual fund in the US. He started the Conflict Islands Conservation Initiative and runs volunteer programs for turtle protection and coral research. In August of 2018, the Viniks helped cut the ribbon on the $2.5 million Jeff and Penny Vinik Family Winston Park Boys and Girls Club in east Tampa. More recently, Vinik purchased local newspaper ads, radio ads, and billboards to promote resources available for local residents affected by unemployment, small business struggles and food shortages due to COVID-19. In August of 2016, VFF presented The Beach Tampa by Snarkitecture, an immersive art installation featuring a 10,000 square foot, all-white beach environment with an ocean of 1.2 million recyclable white balls, in AMALIE Arena. 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. And again, thats scary, but it was also opportunity to bring in people that bring their A games every day. 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. But in terms of the guys, no, I let them do their thing.. 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 Times. 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. Letsgetstarted. Vinik and Yzerman had inherited a couple of future Hall of Famers and budding stars in Steven Stamkos and Victor Hedman, and in Viniks first full year as owner and Yzermans first as GM, the Lightning advanced all the way to the Eastern Conference final before losing to the Boston Bruins in seven games. The Tampa Bay Sports Store at Amalie Arena features a selection of Tampa Bay Lightning t-shirts, jerseys, autographed memorabilia and more! Ian was born in Australia and educated at Geelong Grammar and Melbourne University. You may have heard of Vinik. Business mogul, philanthropist, innovation investor and Tampa Bay Lightning owner Jeff Vinik sat down with St. Pete Catalyst publisher Joe Hamilton to discuss 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. Jeff closed his Boston firm in 2013, to focus on business and philanthropic interests in Tampa. 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. What Jeff is doing and what he set out to do from Day 1, on and off the ice, has been second to none. Im always amazed at teams that fire a GM after three years. This cookie is set by GDPR Cookie Consent plugin. But I remember saying, Well, its nota bad thing its like this, because if were going to get our revenues up two X, three X from where they are now, we have plenty of seats to put people in.. At build-out, the project will encompass 56 acres around Amalie Arena, including the site of the ConAgra flour mill, and 9 million square feet of development, including 3,500 residences, two new office towers, three hotels and about 13 acres of parks. Vinik laughs at the notion that it was a difficult decision to not blow things up. As he had done for decades in the financial sector, Vinik did his due diligence and found an opportunity worth investing in. A $50,000 grant is given out at each home game to the community heros charity of choice. I have been following the stadium developments, including the site selection, with great interest. 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. He sunk $40 million of his own money into a county-owned arena with no recourse. Penny and Jeff Vinik, a Tampa Bay power couple, have put their divorce proceedings on hold for now, filing for a 90-day pause. 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. 1 team in professional sports in the media giant's Ultimate Standings (also ranking in the Top 10 in six of seven years), as well as by the Sports Business Journal as one of five finalists for Sports Team of the Year in 2016 and 2020. LinkedIn sets this cookie to remember a user's language setting. Baden co-founded and remains a Director of the UKs largest biomethane transport infrastructure company, CNG Fuels, which was founded in 2014. Set by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category . The cookie is used to store the user consent for the cookies in the category "Analytics". Vinik was born to a Jewish family in Deal, New Jersey. SPP, a partnership between Vinik and Cascade Investment, LLC of Kirkland, Washington, is expecting to deliver approximately $3 billion in investment to bring Water Street Tampa to life and reinvent the blocks surrounding AMALIE Arena into a walkable, 24-7 live, work, play and stay wellness district. 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. To find out more see our. 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. Previously, had been manager of large equities hedge fund. Among his many achievements he is a world leading expert in the clinical development of therapeutic and diagnostic radiopharmaceuticals. After phase one of his plan was complete, the newest member of the NHL owners club had to get to work and quickly. Greg is leading a team to expand their product portfolio and the commercialization of Ga-68 THP-PSMA, a prostate cancer imaging diagnostic. 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. Season ticket sales were capped at 15,000 for the third-consecutive summer, and the Lightning Priority Access Club stands at 4,800 seats and growing. He needed a new challenge and he wanted to make a difference. They owned a losing franchise, both on and off the ice, they were disconnected from their fan base and they needed a way out. The cookie is used to store the user consent for the cookies in the category "Other. At that time, Penny Vinik said her marriage was irretrievably broken in her petition. 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. Before purchasing the Lightning in February 2010, the New Jersey native attended Harvard Business School where he obtained an MBA before joining Fidelity Investments. Then his influence spread over Tampa Bay. Ian is a Trustee of the Global Outward Bound Charity which takes children from the city and places them in challenging outdoor environments. Jeff Vinik owns the Tampa Bay Lightning and is the leading developer behind the Water Street Tampa project. We lost in the Cup final in 2015. If theres anything Ive learned over the last 12 years, I think Im pretty good at hiring people.. He jumped in with both feet, and relocated his family from Boston to the Sunshine State so that they could be entwined into the fabric of the community. 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. 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. Related: Jeff Vinik, Lightnings Extraordinary Owner. She is a member of the Board of Trustees at Tampa Preparatory School and a board member of Tampa Museum of Art, where she led the search to select its Executive Director. Pour en savoir plus sur notre utilisation de vos informations, veuillez consulter notre Politique relative la vie prive et notre Politique en matire de cookies. It was bleak there for a while, Vinik says. The couples donations to coronavirus relief efforts have reached nearly $2 million, including $1 million to Metropolitan Ministries and almost $1 million to bay area civic relief funds, aid for USF students, public awareness campaigns and a fund for Lightning employees. Since the outbreak of the COVID-19 pandemic, the couples donations to coronavirus relief efforts have approached $2 million. Sign up for our regular 'Bolts Newsletter' for all the latest. 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). I couldnt have done what he did. In Fall 2018, VFF will loan Yayoi Kusama's Infinity Room LOVE IS CALLINGto the Tampa Museum of Art. The accolades didn't end there as Tampa Bay was named a finalist for the Sports Business Journal's Sports Team of the Year in 2016, the only NHL team to do so. En cliquant sur Accepter tout, vous acceptez que Yahoo et nos partenaires traitent vos informations personnelles et utilisent des technologies telles que les cookies pour afficher des publicits et des contenus personnaliss, et des fins de mesure des publicits et des contenus, dtude des audiences et de dveloppement de produit. Hes just taken it to such a different level. Greg has a career spanning over 20-years in translational medicine. 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. 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. Its all about the third one right now, Vinik says. Jeffrey Vinik's career as an investment guru has had more twists and turns than San Francisco's famed Lombard Street. Despite all that early turmoil, all the stress as the team tried to navigate the turbulent waters, there was the steady hand of Vinik. He always strikes me as somebody who never stops learning, and theres no ego that gets in the way of him continuing to learn. LinkedIn sets this cookie from LinkedIn share buttons and ad tags to recognize browser ID. If I knew then what I know now, I probably wouldnt have bought the team, Vinik says with a chuckle and wry grin. Greg Mullen is the Chief Executive Officer of Theragnostics Limited and President of Theragnostics Inc. Greg is a founding member of Theragnostics since its formation in 2015. SARASOTA - His hockey team is in the After several long phone calls and a trip to Detroit, Vinik got his man and Yzerman brought instant credibility to a franchise in peril. But the location of the building is just too isolated. Ian is best known for having founded and chaired two billion-dollar companies in the pharmaceutical sector, Medeva PLC and Skyepharma PLC. The Jeff and Penny Vinik Foundation has donated $50,000 to a local community hero at every home game. He graduated Phi Beta Kappa from Duke But we knew we were getting better as a team and as an organization and everybody, including the coaching staff, learned from it. 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. Enter Search Term. These cookies will be stored in your browser only with your consent. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. We drafted Andrei Vasilevskiy. WebVinik Asset Management. Vinik had no shortage of options and the newly formed duo began conducting market research on the various teams and marketplaces. Jeff and Penny Vinik want to ensure theyre making an impact not just in the immediate term but 20 or 30 years from now. Jeff Vinik bought the Lightning. Does New College have money to pay Richard Corcorans salary? The last coach to beat Tampa Bay in a playoff series John Tortorella can see it. It was a lot of heartbreak, but were we really going to fire Jon Cooper? And we ended up with a good hockey team, which doesnt hurt either.. Breathing issues are possible at some beaches. In the past decade, Jeff and Penny Vinik have established themselves as one of the regions most generous and wide-ranging philanthropic families. OConnell and Meredith Wheeler, VFFs senior policy analyst, have been tasked with doing a 360-degree assessment of how the fund should deploy its resources. This website uses cookies to improve your experience while you navigate through the website. Theyve pledged $20 million to the Tampa Bay community since Jeff purchased the Lightning in 2010 and the couple moved to the area. In addition to his primary business interests in Tampa Bay, Vinik maintains interests in several other entities, including aXiomatic, a Los Angeles-based esports and gaming company of which he is co-executive chairman. The proceedings were postponed twice, most recently with a two-month abatement granted on Sept. 15, while working to reconcile their marriage. And she seeks to use the Viniks private aircraft and charters as necessary and in keeping with past use. 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. 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. 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. In 2018, TBEP also launched The Identity Tampa Bay, an on-demand digital network that offers local lifestyle, entertainment and sports content in multiple forms, including a newsletter, digital media and streaming services. But win or lose, it wont change how Vinik is viewed. 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. An immersive, experiential work of art, LOVE IS CALLING invites visitors Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. I left Seattle, and it felt like we were in a mild recession. Both Pittsburgh and Washington, we lost in seven to both of them in the conference final. Beginning at In 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 $800 million to $10 billion. Vinik is also the impetus behind Embarc Collective, an innovation hub which opened in downtown Tampa in 2019. 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. The law states that we can store cookies on your device if they are strictly necessary for the operation of this site. And Vinik made clear that despite Tampa Bays incredible amount of success over the past decade, it hasnt all been highs. Well, and Stanley Cup parades, White House visits and parties like when he booked Fall Out Boy to play a celebratory Cup party for the team at his South Tampa home. Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies. E: hello@theragnostics.com, US Office Theragnostics Inc E: hello@theragnostics.com, Theragnostics Ltd, 21 Gloucester Place, London W1U 8HR | Registered in England with company number 08616211, 2022 Theragnostics | Terms of Use | Privacy Policy | Cookie Policy | Website by MIND, The https://www.theragnostics.com website uses cookies to help us run the website, track how users interact with the website, and for other purposes. And we just had a disastrous playoff. WebAbout. 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. at Georgetown University School of Medicine and a J.D. Copyright 2020 Axiomatic Gaming, LLC | Website Design By AOEcreative.com, This website uses cookies to improve your experience. The fan base was there. I hate to use the term non-traditional market, because theyre long past that description, but he just did it right in terms of establishing that team as a brand with their fan base. When they had an off year or disappointing playoff, they didnt panic. 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. 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. 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 Viniks champion many charitable organizations with emphasis on providing support for education, entrepreneurship, and the arts. 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. 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 He is currently a Director of the Whitehead Institute for Biomedical Research, Myriad Genetics, Inc. (NASDAQ: MYGN) and Brooklyn ImmunoTherapeutics, Inc. (NYSE American: BTX). Some cookies are placed by third party services that appear on our pages. Vinik has worked in the investment management business his entire career. It was the largest single gift in the 90-year history of the Boys and Girls Clubs of Tampa Bay. WebVerified contact information for Jeff Vinik - Chairman & Governor, Tampa Bay Lightning Hockey Club including email address, phone number and personality insights that will 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'. 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. It was during this time that he co-invented the novel Ga-68 radiopharmaceutical chelator which enabled the development of cold PET kits. WebJeff Vinik joined aXiomatic in June 2017 as an investor and Co-Executive Chairman. This program alone has surpassed the $20 million mark. Theyve also given more than $5 million to USFs Muma College of Business, which named its sports and entertainment management program for the Viniks. sport and entertainment management program, USF Health Morsani College of Medicine and Heart Institute, Tampa Mayor Jane Castor isnt on board with defunding the police. WebVinik Family Foundation (VFF) is a private foundation created and managed by Jeff and Penny Vinik. Mr. Vinik serves as Chairman, Chief Investment Officer and Chief Executive Officer of the Vinik Asset Management (the Management Company). Im worried theyll unanimously vote in a rule that prohibits teams from Florida to win the Stanley Cup, Vinik jokes. He had already built a fortune through his wildly successful multi-billion dollar hedge fund and could easily fly into retirement on his private jet, but there was something missing. Then we got swept. 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. Hes fulfilled every promise he made to the fan base, says Koules, who is still a Lightning fan. 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. 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. There was almost nothing for fans to do in the barren surrounding area of downtown Tampa. But if we cant, I hope its you. Thats how fond Leonsis has 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. The family moved to Tampa a couple of years after Jeff Vinik bought the Lightning in 2010 for an estimated $110 million. I didnt have the foresight that he had and didnt have the funds to survive those first three or four years. Killorn says, 2019 was a slap in the face, but the stupidest thing teams do is blow things up when devastating upsets happen to a team clearly peaking or on the rise. 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. We want to be able to do what they did., (Top photo: Douglas P. DeFelice / Getty Images). I was glad when the cavalry arrived. The Viniks have four children, Danny, Jared, Kyra and Joshua, none of whom are minors. Florida was among the states hardest hit. At 50 years old or so, 12, 13 years ago, my life changed in a direction I could not have imagined. Jeff has given the organization the support, year in, year out, to compete for the Cup and also build the fan base. From a charitable perspective, it would be difficult to find a non-profit organization within the Tampa community that has not been touched by Viniks philanthropy. Oh, and on the ice, in the 12 years Vinik has owned the team, the Lightning have enjoyed unrivaled success. Under Griggs' guidance, the Lightning were ranked No. Its very impressive. The petition to dissolve the marriage of 33 years was filed this week in Hillsborough County. Non-Exec Director. 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. There are probably a few owners who would be well served to study the notes Vinik took back in 2008. Off the ice, the Lightning brand has been completely revitalized and transformed, having been lauded by both ESPN as the No. 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. LinkedIn sets this cookie to store performed actions on the website. 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. Renovating the arena and on-ice success helped build the brand rather quickly. He wound down VAM in 2013 to focus on his But if we cant, I hope its you.. 1 Sans Walk, London EC1R 0LT, T: +44 (0)20 3355 1546 Vinik has become a civic leader, providing the city with his time and money which has been reciprocated by the community. Insert commas between addresses: email1@address.com, email2@address.com. "Be the Thunder" entered its 10th consecutive season in 2020-21, further demonstrating its staying power and paying tribute to the Lightning's passionate fan base, making them part of the team. But I got a lot going on, Vinik continues with a big laugh. 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." This cookie is set by GDPR Cookie Consent plugin. Michael Russo is a senior writer covering the Minnesota Wild and the National Hockey League for The Athletic. All Rights Reserved. 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. Vinik and his wife have four kids: three boys, ages 31, 30 and 21, and one girl, age 28. I dont need to go in and talk to the coaches., I could, and a lot of owners do. 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. They ran out of money when constructing the building is just too isolated Grammar Melbourne! Few bells and whistles because they ran out of money when constructing the building is just too isolated Lightning enjoyed! Says the marriage is irretrievably broken of choice was complete, the couples donations to coronavirus relief have! 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