- While Fenway Sports Group has said that they’re only interested in selling a small portion of the Penguins, their old ownership group continues to look into the possibility of one day buying a controlling stake, reports Josh Yohe of The Athletic (subscription link). The group, led by long-time Penguin legend Mario Lemieux, sold the team back in 2021 with a franchise valuation of $900MM. Since then, franchise values have gone up with Forbes recently pegging the team’s value at nearly double that amount so re-acquiring even a controlling interest in the team might be costlier than what they received for it not quite four years ago.