Jeff graduated from Duke University and earned his MBA from Harvard Business School. WebIn Fall 2018, VFF will loan Yayoi Kusama's Infinity Room LOVE IS CALLING to the Tampa Museum of Art. Lightning's Jeff Vinik profiled as NHL's model owner 6.21.2022 When Vinik bought Lightning for reported $170M in '10, the team had 2,000 full season-ticket holders and little corporate support Getty Images Jeff having confidence in his organization, we can use that. Then we got swept. The Jeff and Penny Vinik Foundation has donated $50,000 to a local community hero at every home game. Tampa Bay, a sunbelt team, was a solid hockey town on paper. 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). pic.twitter.com/BfVsB3RYlE. He pledged another $10-million to continue the Hero program in the summer of 2021. In the past decade, Jeff and Penny Vinik have established themselves as one of the regions most generous and wide-ranging philanthropic families. It was a lot of heartbreak, but were we really going to fire Jon Cooper? We all have one go-round in life, so Im not going to predict what happens five, 10, 15 years from now. WebVerified contact information for Jeff Vinik - Chairman & Governor, Tampa Bay Lightning Hockey Club including email address, phone number and personality insights that will Among his many achievements he is a world leading expert in the clinical development of therapeutic and diagnostic radiopharmaceuticals. The JSESSIONID cookie is used by New Relic to store a session identifier so that New Relic can monitor session counts for an application. 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. 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. Penny Fifty large to a person or charity that does noble work in our community. 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. The Official Site of the Tampa Bay Lightning. Tampa needed a strong leader, someone with clout, a tough negotiator and, above all else, was a proven winner. Since 2015, the Lightning, in conjunction with the NHL and the NHL Players Association, have invested more than $6 million to grow the game of hockey and teach life skills to youth throughout the Tampa Bay community. After phase one of his plan was complete, the newest member of the NHL owners club had to get to work and quickly. The family moved to Tampa a couple of years after Jeff Vinik bought the Lightning in 2010 for an estimated $110 million. But patience is really important.. But we knew we were getting better as a team and as an organization and everybody, including the coaching staff, learned from it. The proceedings were postponed twice, most recently with a two-month abatement granted on Sept. 15, while working to reconcile their marriage. Since 2011, the Lightning have honored a Community Hero at every game and presented that hero with a check for $50,000 to donate to a non-profit charity of their choice. 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. Hes done so much work in the stock market, hes used to ebbs and flows. Vinik and Virgo, who had each led previously funding rounds for Peerfit, were joined by other existing shareholders in the latest round, said Ed The cookie is used to store the user consent for the cookies in the category "Other. 150 Grossman Drive #306, Braintree, MA 02184, T: +1 617 286 7479 Jeff and Penny reside in South Tampa and have four children: Danny, Jared, Kyra, and Joshua. Renovating the arena and on-ice success helped build the brand rather quickly. This cookie is set by GDPR Cookie Consent plugin. The Viniks champion many charitable organizations with emphasis on providing support for education, entrepreneurship, and the arts. Hes a really genuine guy, a huge hockey fan and you see that in any interaction you have with him.. 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. He needed a new challenge and he wanted to make a difference. As Vinik enters his 12th year of ownership, the Lightning are recognized nationally as one of the top organizations in North American sports, having appeared in the National Hockey League's Eastern Conference Final/Stanley Cup Semifinal six times (2011, 2015, 2016, 2018, 2020 & 2021), advancing to the Stanley Cup Final three times (2015, 2020 & 2021), winning hockey's ultimate prize in 2020 and 2021. "Therefore, the wife seeks temporary alimony. Ian focuses on investing in private sector opportunities and taking them to the public markets. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. Jeffrey N. Vinik. Vinik wooed Leiweke from the Seattle Seahawks to be his first full-time CEO and made Yzerman GM after the Hall of Famer put together the gold-medal-winning Canadian roster at the 2010 Winter Olympics. Griggs also directed strategic sales and marketing efforts for the new Amway Center, which opened in October 2010. Without elaboration, the petition says the marriage is irretrievably broken. Not surprisingly, Vinik and Leiweke hit it off instantly and began discussing the possibility of Leiweke overseeing the business operations of Viniks new investment. Last season, when the Lightning beat Montreal, it came at the end of a shortened season with a slow build of attendance due to COVID-19 restrictions. An immersive, experiential work of art, LOVE IS CALLING invites visitors 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. After several long phone calls and a trip to Detroit, Vinik got his man and Yzerman brought instant credibility to a franchise in peril. WebJeff Vinik joined aXiomatic in June 2017 as an investor and Co-Executive Chairman. The success really speaks for itself: winning back-to-back Cups, in the Final again for a chance at a third Cup. These cookies will be stored in your browser only with your consent. Vinik would give anything to win that third Stanley Cup in a row, especially now that theyll have to climb back by winning four of a possible five games. 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. WebJeffrey N. Vinik (born March 22, 1959) is the current owner of the Tampa Bay Lightning (NHL) and a minority owner of the Boston Red Sox (MLB). Perhaps thats because Vinik has developed a different formula for success, which primarily focuses on investing in community development, a winning hockey team, and a world-class entertainment experience. Ian is best known for having founded and chaired two billion-dollar companies in the pharmaceutical sector, Medeva PLC and Skyepharma PLC. Ian focuses on investing in private sector opportunities and taking them to the public markets. The couple met at a bar and restaurant when Jeff Vinik was a Harvard graduate student and she was working at an international consulting firm in Cambridge. 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). If she has not withdrawn the petition by Sept. 24, the divorce litigation will resume. Vinik and his wife have four kids: three boys, ages 31, 30 and 21, and one girl, age 28. The first abatement was granted on June 29, just three months after Penny Vinik, 57, filed for divorce. Were not going to blow it up! And we ended up with a good hockey team, which doesnt hurt either.. So I choose to let it run, let the people do their job. Under Griggs' guidance, the Lightning unveiled a new third jersey and uniform system to much success during the 2018-19 season, an undertaking nearly two years in the making and a collaborative work between the Lightning, adidas and the NHL. I dont think that far ahead. And now the goaltender is the greatest goaltender in certainly recent memory. 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 Some have doubts. The patience hes shown with (Cooper), its the same thing in the front office. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. 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. Penny and Jeff have filed an 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. 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. Griggs and his wife, Janell, have a daughter, Maddie, and a son, Jack. The cookie is used to store the user consent for the cookies in the category "Analytics". 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. This site uses different types of cookies. 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. And in return for that faith and trust, Cooper has rewarded them with two Cups and a chance for a third this year. Vinik probably gets this measured, calm approach from his business life. Please provide a valid email address. Lightning Hockey, L.P. is a division of Vinik Sports Group. He has taken vaccines from discovery through to pediatric Phase 2b clinical trials while at the National Institutes of Health in the United States. Penny Vinik, 57, filed a petition June 8 in Hillsborough Circuit Court to dissolve her marriage with Jeff Vinik, 61. All NHL logos and marks and NHL team logos and marks as well as all other proprietary materials depicted herein are the property of the NHL and the respective NHL teams and may not be reproduced without the prior written consent of NHL Enterprises, L.P. Vinik is also the impetus behind Embarc Collective, an innovation hub which opened in downtown Tampa in 2019. And Id say the same thing about the general manager. It does not store any personal data. Want more of our free, weekly newslettersinyourinbox? Griggs engineered a 95 percent Season Ticket Member renewal rate for the 2019-20 season. Ian Gowrie-Smith is a serial entrepreneur and the Chairman of Theragnostics. But Vinik wasnt overcome with regret or fear. 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. Limit 5. Ian champions many charitable organizations with emphasis on providing support for education and the environment. Marketing cookies are used to track visitors across websites. That wasnt hard. 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. That was a Steve Yzerman pick, under his watch, but we could have gone through two GMs by the time that we had such a great goalie. Penny and Jeff Vinik, a Tampa Bay power couple, have put their divorce proceedings on hold for now, filing for a 90-day pause. Yzerman hired Julien BriseBois away from the Montreal Canadiens and made him assistant GM. It took Vasilevskiy five or six years to hit his prime. He and his wife, Penny, have donated millions and millions of dollars to local causes, colleges and charities. 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. Mainly, we talk budgets. 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. We also use third-party cookies that help us analyze and understand how you use this website. Im very lucky, the unassuming, unintimidating, very friendly Vinik says. 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. Perhaps they contain the secret to becoming a champion both on the ice and in the community. Leonsis says the patience Vinik has displayed should be a model for all owners, which is sometimes easier said than done. We were just really poorly run. I left Seattle, and it felt like we were in a mild recession. 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. We drafted Andrei Vasilevskiy. They established the Lightning Community Hero program in 2011 to provide funding and recognition to those improving the lives of individuals most in need. 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. 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. This cookie is installed by Google Analytics. There was nobody in Section 309, 10, 11, 12, 13, Griggs recalls. So you have to have patience. 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. On February 7, 2020, Griggs led the charge on the new naming rights of the Lightning's practice facility, TGH Ice Plex. Off the ice, the Lightning continued to transform the Tampa Bay landscape through its grassroots community efforts. Jeff closed his Boston firm in 2013, to focus on business and philanthropic interests in Tampa. 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. WebView phone numbers, addresses, public records, background check reports and possible arrest records for Jeffrey Vinik. While Vinik was enjoying success in the financial industry, the Lightning franchise was flirting with bankruptcy and potential relocation. In todays vernacular, hella impressive. 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. In 2012 Greg joined Oxford Immunotec as Research and Development Director where he was responsible for expanding their diagnostic product pipeline in chronic infections and autoimmunity. Necessary cookies are absolutely essential for the website to function properly. One of Tampa Bay's leading philanthropic couples takes time to work on reconciling. He sunk $40 million of his own money into a county-owned arena with no recourse. Copyright 2020 Axiomatic Gaming, LLC | Website Design By AOEcreative.com, This website uses cookies to improve your experience. Founded in 1997, VFF has donated over $75 million to nonprofits working in He believed in people, in the market, and has this way to create loyalty back to himself by treating people well. 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. No doubt, 31 other owners have every right to be envious even jealous. During Griggs' tenure with the Lightning, the organization has risen to unprecedented heights, as evidenced by the team selling out 234 consecutive games from 2015 through 2020, a streak that was halted only by the COVID-19 pandemic that kept fans from attending games in person at AMALIE Arena. I dont need to go in and talk to the coaches., I could, and a lot of owners do. 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. 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. Penny Vinik has been a strong advocate for and patron of the arts within Tampa Bay. Related: From NHL Pause to Playoffs: How to End the 2019-20 Regular Season. Unbridled success, yet his fellow NHL owners dont root against him because of the man he is. 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. I couldnt have done it. TAMPA, Fla. Lets be honest: There are 31 NHL teams out there with owners who have every right to be envious even jealous of what Jeff Vinik has accomplished in his 12 years of owning the Tampa Bay Lightning, not only on the ice but off it. 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. 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. Griggs was instrumental in generating the team's "Be the Thunder" campaign that has galvanized the fan base and served as a rallying cry to fans both at the games and in the community. When Koules needed to sink a boatload more money into the team, commissioner Gary Bettman introduced him to Vinik. It wasnt just getting swept in 2019, Vinik says. Griggs continues to play a significant role in the vast improvements being made each year to AMALIE Arena. 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