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This cookie is installed by Google Analytics. Limit 5. 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. Renovating the arena and on-ice success helped build the brand rather quickly. Ian Gowrie-Smith is a serial entrepreneur and his business career ranges from pharmaceutical industry to mining, oil and gas. Necessary cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. There was a lot going on with Len Barrie and myself, and as anybody doing any business in Florida in 08, 09 and 10 knows, it was tough going, Koules, the creator of the Saw movie franchise and producer of the former hit show Two and a Half Men, says. Jeff is a very modest, humble guy, but deep down, he knows hes built the best of the best right now. Gary pulled a good one out of his hat for that one.. Ian focuses on investing in private sector opportunities and taking them to the public markets. Red tide is back (again) in Pinellas County. 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. And Vinik made clear that despite Tampa Bays incredible amount of success over the past decade, it hasnt all been highs. We had the best regular season in 20 years. Jeff and Penny Vinik want to ensure theyre making an impact not just in the immediate term but 20 or 30 years from now. 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. The JSESSIONID cookie is used by New Relic to store a session identifier so that New Relic can monitor session counts for an application. This cookie is set by GDPR Cookie Consent plugin. $2.5 million to renovate and expand a Boys and Girls Club recreation center in the Palm River area. 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. According to a recent article in Forbes, he is a Harvard MBA who had a stellar record running Fidelity's Magellan fund when he was only 33 years old. But if we cant, I hope its you. Thats how fond Leonsis has Ian has also invested in the mining, oil and gas sectors, with exploration and production activities in Vietnam, Papua New Guinea and Zambia. He saw something. Im worried theyll unanimously vote in a rule that prohibits teams from Florida to win the Stanley Cup, Vinik jokes. And in a league where coaches and GMs are fired all the time, owners are blown away by Viniks patience and the stability he has created with the Lightning. His business career ranges from pharmaceutical industry to mining, oil and gas. Whitepages people search is the most trusted directory. We hired brilliant people in Tod Leiweke and Steve Griggs. He pledged another $10-million to continue the Hero program in the summer of 2021. 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. When Koules needed to sink a boatload more money into the team, commissioner Gary Bettman introduced him to Vinik. Mainly, we talk budgets. He wound down VAM in 2013 to focus on his Fire the coach. Ian has also invested in the mining, oil and gas sectors, with exploration and production activities in Vietnam, Papua New Guinea and Zambia. 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. New Bucs offensive coordinator Dave Canales staff nearly set, As Tampa Bay sales grow, sport bike maker Ducati plans giant dealership. Necessary cookies are absolutely essential for the website to function properly. Analytics cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously. It does not store any personal data. Jeff having confidence in his organization, we can use that. Tampa Bay Lightning owner, and most recent Stanley Cup champion, Jeff Vinik is the exception to the rule. I left Seattle, and it felt like we were in a mild recession. 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. Griggs continues to play a significant role in the vast improvements being made each year to AMALIE Arena. 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. 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. He has taken vaccines from discovery through to pediatric Phase 2b clinical trials while at the National Institutes of Health in the United States. And he has set a very high bar for all of us., Adds Winnipeg Jets chairman and NHL Board of Governors executive committee member Mark Chipman: What hes done to anchor that franchise is the gold standard for our league, as far as Im concerned. It was Viniks family who designed the Lightnings spectacular Stanley Cup rings on a pair of cocktail napkins. Sign up for our regular 'Bolts Newsletter' for all the latest. Unbridled success, yet his fellow NHL owners dont root against him because of the man he is. 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 first Cup, when Tampa Bay beat Dallas in the Edmonton bubble, Vinik was at home in Cape Cod with his family. 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. $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. 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. Penny and Jeff Vinik, a Tampa Bay power couple, have put their divorce proceedings on hold for now, filing for a 90-day pause. Im good with numbers, so I can sometimes ask good questions. The Tampa Bay Sports Store at Amalie Arena features a selection of Tampa Bay Lightning t-shirts, jerseys, autographed memorabilia and more! We all have one go-round in life, so Im not going to predict what happens five, 10, 15 years from now. 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. 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. 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. He has served on several non-profit boards, including United Way of Massachusetts Bay, Duke University, and the United States Figure Skating Foundation. After a very successful career at the firm, Vinik left to start his own hedge fund, Vinik Asset Management which was the catalyst that brought him the wealth, network and knowledge required to punch his ticket into professional sports (from Manager of Magellan Fund Quits, Washington Post, 05/25/1996). Well, we were ahead 3-2 in both series and lost Games 6 and 7. tampabaylightning.com is the official Web site of the Tampa Bay Lightning. Prior to being tabbed as CEO, he spent one year as team president and four as chief operating officer. Some cookies are placed by third party services that appear on our pages. And Steve did his magic., Before each hockey season, Leonsis sends Vinik an email that says: I want to win the Stanley Cup. WebAbout. 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. A $50,000 grant is given out at each home game to the community heros charity of choice. SARASOTA - His hockey team is in the 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. Its an absolute fairy tale, because that thing was so broken and busted down in 2010.. 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. Jeff began his career in the investment management business with Fidelity Investments in 1986. But Vinik and BriseBois didnt do anything rash. Hes fulfilled every promise he made to the fan base, says Koules, who is still a Lightning fan. Tampa Bay, a sunbelt team, was a solid hockey town on paper. We extended the abatement another two months this week, Jeff Vinik told the Times in September. 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. These cookies ensure basic functionalities and security features of the website, anonymously. 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. Ian champions many charitable organizations with emphasis on providing support for education and the environment. It wouldve been very logical to buy the Panthers, or to try to, says Vinik, who had a home in Boca Raton, Fla., at the time. The turnaround was nothing less than spectacular. Since the outbreak of the COVID-19 pandemic, the couples donations to coronavirus relief efforts have approached $2 million. 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. As he had done for decades in the financial sector, Vinik did his due diligence and found an opportunity worth investing in. WebVinik Family Foundation (VFF) is a private foundation created and managed by Jeff and Penny Vinik. 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 couldnt have done what he did. Like, Ive never said, We have to trade for that player. I would never think to do that, Vinik says. Not surprisingly, Vinik and Leiweke hit it off instantly and began discussing the possibility of Leiweke overseeing the business operations of Viniks new investment. And Jeff, to his honest, ever-dying credit was very calm and collected and analytical, and kept that team together. Marketing cookies are used to track visitors across websites. 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. Jeff has given the organization the support, year in, year out, to compete for the Cup and also build the fan base. She is represented by West Palm Beach divorce attorney Jeffrey Fisher, whose previous clients have included Angela Koch in her divorce from billionaire oil tycoon William Koch and Brooke Gordon in her divorce from NASCAR champion Jeff Gordon. Vinik has worked in the investment management business his entire career. pic.twitter.com/BfVsB3RYlE. In a very short period of time, Jeff took an incredibly moribund franchise and turned it into the best team in professional sports. You may have heard of Vinik. 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. He founded a predecessor to the Management Company (VAM) in 1996 and was its senior managing member. There are stories of him secretly paying the college tuition of arena workers and helping pay off mortgages. Its all about the third one right now, Vinik says. Professor Ken Herrmann Its like the first two didnt happen. 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. 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. If no results appear, use Enter to do a full site search. 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. Vous pouvez modifier vos choix tout moment en consultant vos paramtres de vie prive. Almost immediately, Vinik began researching everything he could find on owning and running a professional sports team. They were about to miss the playoffs for a third consecutive season and were accruing annual losses well into eight figures. It was obvious at the time that we had a good thing going. 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'. We drafted Andrei Vasilevskiy. So I choose to let it run, let the people do their job. To find out more see our. 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. LinkedIn sets this cookie to remember a user's language setting. It just had gone on sabbatical. Jeffrey Vinik's career as an investment guru has had more twists and turns than San Francisco's famed Lombard Street. Please provide a valid email address. The Viniks champion many charitable organizations with emphasis on providing support for education, entrepreneurship, and the arts. He can stomach them. 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. Thats everything., Im not jealous, the Capitals owner says. They established the Lightning Community Hero program in 2011 to provide funding and recognition to those improving the lives of individuals most in need. Mr. Vinik serves as Chairman, Chief Investment Officer and Chief Executive Officer of the Vinik Asset Management (the Management Company). There was almost nothing for fans to do in the barren surrounding area of downtown 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. Vinik, the owner of the Tampa Bay Lightning, recently donated more than $1 million to the V Foundation for Cancer Research. Viniks mantra: Hire good people, then dont interfere. He is on the board of Sofie Biosciences. TAMPA Tampa Bay power couple Jeff and Penny Vinik have officially reconciled their marriage, ending divorce proceedings on Tuesday in Hillsborough County Circuit Court. And we just had a disastrous playoff. Through the 2020-21 season, more than $23 million has been donated through the Community Heroes program to more than 750 local non-profits. Its very impressive. I got to Florida and it felt like we were in a mild depression. On February 7, 2020, Griggs led the charge on the new naming rights of the Lightning's practice facility, TGH Ice Plex. 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. Vinik is no stranger to investments. 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. We had a great team. 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 After several long phone calls and a trip to Detroit, Vinik got his man and Yzerman brought instant credibility to a franchise in peril. Theres been longevity in terms of leadership there. He went on to earn his Master of Business Administration degree from the Harvard Business School, graduating in 1985. But I got a lot going on, Vinik continues with a big laugh. He graduated Phi Beta Kappa from Duke 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. At the time, Vinik was living in the Boston area and decided to reach out to the owners of the Red Sox, Bruins and Celtics to get some tips as to how he could begin his journey to owning an NHL franchise. What a ride this has been for Vinik, 63, who struck it rich in the hedge fund business then decided to reinvent himself and Googled, How to buy a sports team. A dozen years later, he ended up sitting behind the Resolute Desk in the Oval Office and told by president Joe Biden to make himself comfortable during a White House visit to celebrate his teams two championships. 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. The case was withdrawn by Penny Vinik, who in June filed a petition to dissolve her marriage to 61-year-old Jeff Vinik, the Tampa Bay Lightning owner and Water Street Tampa project developer. Under Griggs' guidance, the Lightning were ranked No. He has hired a great group of executives to run his business and hockey operations, and you can see how much he cares about the franchise. Copyright 2020 Axiomatic Gaming, LLC | Website Design By AOEcreative.com, This website uses cookies to improve your experience. In 2017, the Viniks donated $1 million to relief efforts after Hurricane Harvey struck the state of Texas and another $1 million (through the Lightning Foundation) after Hurricane Irma devastated much of the state of Florida. 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. 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. We want to win the Cup every year.. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Look at the little bit of pain and look at all the gain that hes gotten since then.. When we won the Presidents Trophy (in 2010) and we lost in the first round (to Montreal), the howls from media and some fan quarters were: Blow the team up. 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. 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. Vinik, the owner of the Tampa Bay Lightning, recently donated more than $1 million to the V Foundation for Cancer Research. 150 Grossman Drive #306, Braintree, MA 02184, T: +1 617 286 7479 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 patience hes shown with (Cooper), its the same thing in the front office. I have been following the stadium developments, including the site selection, with great interest. 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. There was nobody in Section 309, 10, 11, 12, 13, Griggs recalls. 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. 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. Tampa Bay Lightning owner Jeff Vinik has purchased the top-floor penthouse at the Tampa Edition for $8.34 million. Business mogul, philanthropist, innovation investor and Tampa Bay Lightning owner Jeff Vinik sat down with St. Pete Catalyst publisher Joe Hamilton to discuss And again, thats scary, but it was also opportunity to bring in people that bring their A games every day. Hes very generous and makes sure everyone is taken care of, says Killorn, who points out that the only time players see Mr. This cookie is set by GDPR Cookie Consent plugin. Follow @EddieInTheYard. No doubt, 31 other owners have every right to be envious even jealous. 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. 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. Hes just taken it to such a different level. The law states that we can store cookies on your device if they are strictly necessary for the operation of this site. He has experience developing businesses in energy distribution, mining and investment management. Ian Gowrie-Smith was born in Australia and educated at Geelong Grammar and Melbourne University. But we knew we were getting better as a team and as an organization and everybody, including the coaching staff, learned from it. 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. He sunk $40 million of his own money into a county-owned arena with no recourse. Subscribe to our free Tampa Times newsletter. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors. 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. Jeff and Penny reside in South Tampa and have four children: Danny, Jared, Kyra, and Joshua. Hes a really genuine guy, a huge hockey fan and you see that in any interaction you have with him.. The proceedings were postponed twice, most recently with a two-month abatement granted on Sept. 15, while working to reconcile their marriage. Ian champions many charitable organizations with emphasis on providing support for education and the environment. 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. That is the goal, for our team, for our fans and for our community, says Katz, the Oilers owner. It was bleak there for a while, Vinik says. Records the default button state of the corresponding category & the status of CCPA. Were all extremely impressed by the sustained success in Tampa under Jeffs ownership. 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. Im actually taking notes. And in return for that faith and trust, Cooper has rewarded them with two Cups and a chance for a third this year. 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 cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". In mid-2009, former Lightning owners Oren Koules (a Hollywood executive) and Len Barrie (former NHLer) had come to grips with reality. 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 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. Without elaboration, the petition says the marriage is irretrievably broken. Vinik is at the team Christmas party and after every series win. This site uses different types of cookies. Then his influence spread over Tampa Bay. Read More, In case of sale of your personal information, you may opt out by using the link Do Not Sell My Personal Information. Sperling became interim CEO until Leiweke officially signed on after he couldnt believe Vinik landed Yzerman as GM. I couldnt have done it. And we ended up with a good hockey team, which doesnt hurt either.. The new Cigar City Brewing Taproom opened during the 2019-20 season and represented new food and beverage options for AMALIE Arena guests for event and select non-event days. 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. Together, they have been one of the areas leading philanthropic families. Copyright 1999-2020 Lightning Hockey, L.P. and the National Hockey League. It works only in coordination with the primary cookie. 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. 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 last coach to beat Tampa Bay in a playoff series John Tortorella can see it. These conversations lead to a three-hour meeting with NHL commissioner Gary Bettman in New York. The agreement grants TBEP the exclusive rights to all commercial multimedia sports marketing, sponsorship, and respective inventory possessed by USF Athletics. But Vinik vowed to make the Lightning a first-class organization and rescue a brand that was in the gutter. Then we got swept. What Jeff is doing and what he set out to do from Day 1, on and off the ice, has been second to none.

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