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. Jeffrey N. Vinik. Owner of Tampa Bay Lightning hockey team and co-developer of major real estate project. 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. Jeff graduated from Duke University and earned his MBA from Harvard Business School. E: hello@theragnostics.com, US Office Theragnostics Inc Hes definitely not an owner thats in the locker room ever, Killorn says. The Official Site of the Tampa Bay Lightning. 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. Ian focuses on investing in private sector opportunities and taking them to the public markets. Some cookies are placed by third party services that appear on our pages. 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. That is the goal, for our team, for our fans and for our community, says Katz, the Oilers owner. WebAn on-campus stadium at USF will be a game-changer, literally and figuratively, for the university and our entire Tampa Bay community, said Jeff Vinik, owner of the Tampa Bay Lightning and co-developer of Water Street Tampa. 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. Business mogul, philanthropist, innovation investor and Tampa Bay Lightning owner Jeff Vinik sat down with St. Pete Catalyst publisher Joe Hamilton to discuss Fifty large to a person or charity that does noble work in our community. $20.1 million through the Lightnings Community Heroes program, which since 2011 has made $50,000 grants to nonprofits at each of the teams home and playoff games. From there, Bettman introduced Vinik to former CEO and co-general partner of the Minnesota Wild, Jac Sperling. Vinik now sits as a member of the Executive Committee of the National Hockey League's Board of Governors. More than $5 million to USFs Muma College of Business, which named its sport and entertainment management program for the Viniks. While Vinik was enjoying success in the financial industry, the Lightning franchise was flirting with bankruptcy and potential relocation. It took Vasilevskiy five or six years to hit his prime. Jeff Vinik owns the Tampa Bay Lightning and is the leading developer behind the Water Street Tampa project. After some deep thought, and a few glasses of wine, he targeted professional sports as his next pursuit. 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. If no results appear, use Enter to do a full site search. 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. 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. Jeff is a very modest, humble guy, but deep down, he knows hes built the best of the best right now. Im always amazed at teams that fire a GM after three years. Jeff Vinik joined aXiomatic in June 2017 as an investor and Co-Executive Chairman. 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. 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? Related: From NHL Pause to Playoffs: How to End the 2019-20 Regular Season. They were about to miss the playoffs for a third consecutive season and were accruing annual losses well into eight figures. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". 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. 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'. Use arrows to navigate between autocomplete results. 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. SARASOTA - His hockey team is in the Vinik and Virgo, who had each led previously funding rounds for Peerfit, were joined by other existing shareholders in the latest round, said Ed 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. 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. In the past decade, Jeff and Penny Vinik have established themselves as one of the regions most generous and wide-ranging philanthropic families. But win or lose, it wont change how Vinik is viewed. Vinik was awarded Duke University's Distinguished Young Alumni Award in 1994, and he later served on the Duke University Board of Trustees. Were all extremely impressed by the sustained success in Tampa under Jeffs ownership. Michael Russo is a senior writer covering the Minnesota Wild and the National Hockey League for The Athletic. Not surprisingly, Vinik and Leiweke hit it off instantly and began discussing the possibility of Leiweke overseeing the business operations of Viniks new investment. 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. But in terms of the guys, no, I let them do their thing.. He is currently a Director of the Whitehead Institute for Biomedical Research, Myriad Genetics, Inc. (NASDAQ: MYGN) and Brooklyn ImmunoTherapeutics, Inc. (NYSE American: BTX). The family moved to Tampa a couple of years after Jeff Vinik bought the Lightning in 2010 for an estimated $110 million. 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. 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. The cookies is used to store the user consent for the cookies in the category "Necessary". He always strikes me as somebody who never stops learning, and theres no ego that gets in the way of him continuing to learn. Mainly, we talk budgets. Nous, Yahoo, faisons partie de la famille de marques Yahoo. Enter Search Term. 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 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. But Vinik wasnt overcome with regret or fear. Greg has a career spanning over 20-years in translational medicine. That filing referred to the marriage as irretrievably broken. 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. Viniks likable personality, generosity, passion and authenticity provide a refreshingly positive experience for those fortunate enough to cross paths with him. The Lightning secured two-straight Atlantic Division crowns (2018 and 2019) and their third and fourth division titles overall with Griggs as CEO. 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. In a very short period of time, Jeff took an incredibly moribund franchise and turned it into the best team in professional sports. WebIn Fall 2018, VFF will loan Yayoi Kusama's Infinity Room LOVE IS CALLING to the Tampa Museum of Art. The cookie is used to store the user consent for the cookies in the category "Analytics". Subscribe to The Athletic for in-depth coverage of your favorite players, teams, leagues and clubs. Florida was among the states hardest hit. Lightning Foundation and Community Relations. Griggs engineered a 95 percent Season Ticket Member renewal rate for the 2019-20 season. This cookie is installed by Google Analytics. In 2008, Vinik began to ponder the next chapter of his life and what that would look like. 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. And now the goaltender is the greatest goaltender in certainly recent memory. I was like, What did I just get myself into? The economy was in rough shape, and Jeff was facing incredible odds.. Does New College have money to pay Richard Corcorans salary? 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. Upon acquiring the Lightning, Vinik vowed to make the organization "world-class," creating an unrivaled fan experience while putting together a team of which Tampa Bay sports fans would be proud, on and off the ice. This site uses different types of cookies. But Vinik and BriseBois didnt do anything rash. 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. 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. You never know where things are going to go. There are stories of him secretly paying the college tuition of arena workers and helping pay off mortgages. 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. Professor Ken Herrmann But patience is really important.. I couldnt have done it. 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 this has all been hard to believe.. Please provide a valid email address. Tampa Bay sale all but done.. Jeff Vinnik Boston hedge fund guy buys from Oren Koules and Len Barrie.. Should be announced friday.. $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. We had a great team. This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". Tampa Bay Lightning owner Jeff Vinik has purchased the top-floor penthouse at the Tampa Edition for $8.34 million. LinkedIn sets this cookie to remember a user's language setting. He sunk $40 million of his own money into a county-owned arena with no recourse. The patience hes shown with (Cooper), its the same thing in the front office. Times staff writer John Martin contributed to this report. 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. 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. Follow @EddieInTheYard. 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. Cookies are small text files that can be used by websites to make a user's experience more efficient. In the three month since the outbreak of COVID-19, the couple has donated nearly $2 million in relief efforts, including $1 million to Metropolitan Ministries for food and rent assistance. The Lightning enjoyed 234-consecutive sellout crowds at AMALIE Arena from 2015-2020, a streak that was halted only by the COVID-19 pandemic. He served on the board of directors for Liverpool Football Club of the Premier League from 20102013. Hes a really genuine guy, a huge hockey fan and you see that in any interaction you have with him.. Prior to being tabbed as CEO, he spent one year as team president and four as chief operating officer. 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). Hes fulfilled every promise he made to the fan base, says Koules, who is still a Lightning fan. 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. Penny and Jeff Vinik, a Tampa Bay power couple, have put their divorce proceedings on hold for now, filing for a 90-day pause. 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. WebView phone numbers, addresses, public records, background check reports and possible arrest records for Jeffrey Vinik. Like, Ive never said, We have to trade for that player. I would never think to do that, Vinik says. He is widely considered a model owner sitting on the throne of the NHLs model franchise. 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 Its all about the third one right now, Vinik says. 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. 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. Jeffrey Vinik was a former manager of Fidelitys Magellan Fund, the largest actively managed mutual fund in the US. Off the ice, the Lightning brand has been completely revitalized and transformed, having been lauded by both ESPN as the No. The guy in the middle of it all was Jeff, Leiweke says. 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." 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. I got to Florida and it felt like we were in a mild depression. He saw something. 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. Oh, and on the ice, in the 12 years Vinik has owned the team, the Lightning have enjoyed unrivaled success. Thats my job, my hobby. Hes done so much work in the stock market, hes used to ebbs and flows. 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). 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. 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. 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. Griggs also directed strategic sales and marketing efforts for the new Amway Center, which opened in October 2010. Ian was born in Australia and educated at Geelong Grammar and Melbourne University. Breathing issues are possible at some beaches. This cookie is set by GDPR Cookie Consent plugin. Im not shy in saying hes the best owner of hockey. 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. This program alone has surpassed the $20 million mark. Well, we were ahead 3-2 in both series and lost Games 6 and 7. Does New College have money to pay Richard Corcorans salary? 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. Beginning at These conversations lead to a three-hour meeting with NHL commissioner Gary Bettman in New York. 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. Marketing cookies are used to track visitors across websites. The turnaround was nothing less than spectacular. He pledged another $10-million to continue the Hero program in the summer of 2021. The first abatement was granted on June 29, just three months after Penny Vinik, 57, filed for divorce. Ian is best known for having founded and chaired two billion-dollar companies in the pharmaceutical sector, Medeva PLC and Skyepharma PLC. Hes just taken it to such a different level. 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. 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 $50,000 grant is given out at each home game to the community heros charity of choice. Thats how fond Leonsis has become of Vinik how much respect he has for the Caps Eastern Conference rivals owner because of the work he has done to turn the Lightning into a model franchise. Analytical cookies are used to understand how visitors interact with the website. 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.. At that time, Penny Vinik said her marriage was irretrievably broken in her petition. 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. Theres been longevity in terms of leadership there. The JSESSIONID cookie is used by New Relic to store a session identifier so that New Relic can monitor session counts for an application. at Harvard Law School. To be honest with you, were all happy for the guy because the sentiment amongst all of us is hes done it the right way. 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If she has not withdrawn the petition by Sept. 24, the divorce litigation will resume. Try a week on us. 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. WebJeff Vinik: Chairman and Governor Jeff Vinik purchased the Tampa Bay Lightning on March 3, 2010, promising a comprehensive transformation of the franchise while pledging I think that is the heart of Jeffs success, and its not easy to do in our world, Chipman says. Baden co-founded and remains a Director of the UKs largest biomethane transport infrastructure company, CNG Fuels, which was founded in 2014. Whitepages people search is the most trusted directory. Red tide is back (again) in Pinellas County. 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. 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. I dont need to go in and talk to the coaches., I could, and a lot of owners do. Under Griggs' guidance, the Lightning were ranked No. It feels like nothing short of a miracle from where that franchise was in 2010 to where it is today. 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. 150 Grossman Drive #306, Braintree, MA 02184, T: +1 617 286 7479 Julien and I talk probably once every week to two weeks and he just updates me on whats going on. 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. Baden is a co-founding Director of Theragnostics, and brings to the company his experience in developing and financing SMEs. He oversees all of the organization's business operations, including all concerts and events held at AMALIE Arena. Without elaboration, the petition says the marriage is irretrievably broken. Griggs also spearheaded the organization's launch of the new Lightning Made Training Center, a focal point for youth to learn the game and for the team to continue teaching and educating more than just on-ice skills. 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. If I knew then what I know now, I probably wouldnt have bought the team, Vinik says with a chuckle and wry grin. 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. Off the ice, the Lightning continued to transform the Tampa Bay landscape through its grassroots community efforts. 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. Since the outbreak of the COVID-19 pandemic, the couples donations to coronavirus relief efforts have approached $2 million. He is also 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. 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