Hoffmanns’ $1.75B Penguins Buyout Welcomes Lemieux Back to Pittsburgh

Why the Penguins' Sale to the Hoffmanns Matters

The Pittsburgh Penguins’ new owners, the Hoffmann family, have publicly welcomed Mario Lemieux back into the fold, signaling a potential return for the franchise’s legendary captain and former owner. The team was sold for approximately $1.75 billion—five years after FSG acquired it for $900 million—and Hoffmann emphasized the Penguins’ permanence in Pittsburgh, calling Lemieux’s legacy … Read more