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. 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. Jeffrey N. Vinik. 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. We had the best regular season in 20 years. The Lightning enjoyed 234-consecutive sellout crowds at AMALIE Arena from 2015-2020, a streak that was halted only by the COVID-19 pandemic. Vinik laughs at the notion that it was a difficult decision to not blow things up. Twelve years ago, shortly after Vinik purchased the team from Hollywood television and movie producer Oren Koules and former NHL player Len Barrie, Vinik, Leiweke, Griggs and then-chief financial officer Martha Fuller sat in the stands to watch a game in Section 312. I have been following the stadium developments, including the site selection, with great interest. tampabaylightning.com is the official Web site of the Tampa Bay Lightning. 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. Vinik and Virgo, who had each led previously funding rounds for Peerfit, were joined by other existing shareholders in the latest round, said Ed He is currently the Chair of the EANM Oncology & Theragnostics committee and Section Editor of the Journal of Nuclear Medicine. 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. Vinik is widely known for investing in emerging technologies and innovative companies throughout Tampa Bay. We want to be able to do what they did., (Top photo: Douglas P. DeFelice / Getty Images). Cookies are small text files that can be used by websites to make a user's experience more efficient. Red tide is back (again) in Pinellas County. He became a star at Fidelity and went on to manage their world-renowned Fidelity Magellan Fund in the mid-1990s, earning investors a whopping 17% in average annual returns. There are stories of him secretly paying the college tuition of arena workers and helping pay off mortgages. Among his many achievements he is a world leading expert in the clinical development of therapeutic and diagnostic radiopharmaceuticals. UK Office Theragnostics Ltd In September of 2019, through the Vinik Family Foundation, the Viniks donated $5 million to help IDEA Public Schools, a network of nationally acclaimed, tuition-free college preparatory public charter schools, launch four new schools in the Tampa Bay area. Hes an unbelievable owner. Greg has a career spanning over 20-years in translational medicine. It just had gone on sabbatical. When they had an off year or disappointing playoff, they didnt panic. Gary pulled a good one out of his hat for that one.. Michael can be seen on Bally Sports North and the NHL Network; and heard on KFAN (100.3 FM) and podcasts "Worst Seats in the House" (talknorth.com), "The Athletic Hockey Show" on Wednesdays and "Straight From the Source" (The Athletic). 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. Perhaps they contain the secret to becoming a champion both on the ice and in the community. We created a monster. https://t.co/tLVEvDzG4k, Alex Killorn, in his 10th season as a Lightning forward, says, Before I got here, it wasnt a great situation by any means, but with good drafting and with Mr. Vinik hiring the right people to manage the team, here we are.. Updated hourly, with analysis, commentary and features from hundreds writers worldwide, our articles are read over 5 million times every month. WebVinik Asset Management. OConnell and Meredith Wheeler, VFFs senior policy analyst, have been tasked with doing a 360-degree assessment of how the fund should deploy its resources. Penny Vinik seeks divorce from Lightning owner Jeff Vinik, Lightning broadcaster Rick Peckham to receive Foster Hewitt Memorial Award. Read More, In case of sale of your personal information, you may opt out by using the link Do Not Sell My Personal Information. After growing up in New Jersey and attending high school at Riverdale Country School in New York City, Vinik graduated from Duke University (1981) with a Bachelor of Science degree in Engineering and Economics. This website uses cookies to improve your experience while you navigate through the website. 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 Well, we were ahead 3-2 in both series and lost Games 6 and 7. Vinik is also the impetus behind Embarc Collective, an innovation hub which opened in downtown Tampa in 2019. If no results appear, use Enter to do a full site search. Penny Vinik has been a strong advocate for and patron of the arts within Tampa Bay. 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. He started the Conflict Islands Conservation Initiative and runs volunteer programs for turtle protection and coral research. Copyright 2020 Axiomatic Gaming, LLC | Website Design By AOEcreative.com, This website uses cookies to improve your experience. 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 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'. In 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 $800 million to $10 billion. Koules and Barrie bought the team in 2008, but Barrie ran into legal problems, was not getting along with Koules and the two didnt have the means to make it work long-term as owners during a turbulent time in the economy. Renovating the arena and on-ice success helped build the brand rather quickly. Since the outbreak of the COVID-19 pandemic, the couples donations to coronavirus relief efforts have approached $2 million. This program alone has surpassed the $20 million mark. And we just had a disastrous playoff. More than $5 million to USFs Muma College of Business, which named its sport and entertainment management program for the Viniks. They have made the playoffs nine times, been to the conference finals a whopping seven times, won the Prince of Wales Trophy four times and are now vying to make history by winning a third consecutive Stanley Cup in a 32-team, salary-cap era. Please provide a valid email address. Between 2008 and 2009, Vinik became a sponge for information and, in addition to his own studies, leaned on his powerful network for advice and insight into the covert world of pro sports. Theyve pledged $20 million to the Tampa Bay community since Jeff purchased the Lightning in 2010 and the couple moved to the area. If theres anything Ive learned over the last 12 years, I think Im pretty good at hiring people.. Jeff graduated from Duke University and earned his MBA from Harvard Business School. 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. TAMPA Tampa Bay power couple Jeff and Penny Vinik have officially reconciled their marriage, ending divorce proceedings on Tuesday in Hillsborough County Circuit Court. The Official Site of the Tampa Bay Lightning. In the eyes of many, a pivotal juncture in the Vinik ownership came in 2019 when the Blue Jackets shocked the Lightning, sweeping them in the first round after a 62-win, 128-point season. Thats really dire. But Vinik wasnt overcome with regret or fear. It was obvious at the time that we had a good thing going. We are reconciling very well, and I am extremely optimistic that we will have a positive resolution to some of the challenges that weve had.. 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. 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. 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. Tampa Bay Lightning owner, and most recent Stanley Cup champion, Jeff Vinik is the exception to the rule. It doesnt happen by chance. Red tide is back (again) in Pinellas County. The older three children are in their 20s. Hes just taken it to such a different level. Im very lucky, the unassuming, unintimidating, very friendly Vinik says. Its very impressive. 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. 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. So you have to have patience. After some deep thought, and a few glasses of wine, he targeted professional sports as his next pursuit. Tampa Bay, a sunbelt team, was a solid hockey town on paper. Peerfit, a Tampa digital health company, has raised $10 million in a funding round led by Tampa Bay Lightning owner Jeff Vinik and Virgo Investment Group, a San Francisco-based investment firm. 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. Tampa Bay Lightning owner Jeff Vinik has purchased the top-floor penthouse at the Tampa Edition for $8.34 million. Vinik, the owner of the Tampa Bay Lightning, recently donated more than $1 million to the V Foundation for Cancer Research. The $189 million medical school building is an anchor for the $3 billion Water Street Tampa project, which Vinik is developing in partnership with Cascade Investment, the private wealth fund of Microsoft co-founder Bill Gates. Ian champions many charitable organizations with emphasis on providing support for education and the environment. He is widely considered a model owner sitting on the throne of the NHLs model franchise. When a prospective owner reaches out to NHL commissioner Gary Bettman to inquire about taking on a franchise, Bettman sends them to Tampa to learn from Vinik. The donation of an acre of downtown land for the new USF Health Morsani College of Medicine and Heart Institute. But we knew we were getting better as a team and as an organization and everybody, including the coaching staff, learned from it. Non-Exec Director. 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. 1 in ESPN's "Ultimate Standings" in September 2016. Penny Vinik has made a substantial contribution to the acquisition of the parties assets and the produce of income throughout this 33-year marriage, the petition says. Even watching him watch a game, he doesnt get emotional, Griggs says. There was nobody in Section 309, 10, 11, 12, 13, Griggs recalls. Breathing issues are possible at some beaches. Vinik now sits as a member of the Executive Committee of the National Hockey League's Board of Governors. 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. Jeffrey Fisher, the divorce attorney representing Penny Vinik, did not respond to a request for comment. 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. We lost in the Cup final in 2015. 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. To find out more see our. The Beach came to AMALIE Arena in 2016 and featured 1.2 million translucent white balls, creating an indoor beach for nearly 100,000 patrons. A $50,000 grant is given out at each home game to the community heros charity of choice. 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. He served on the board of directors for Liverpool Football Club of the Premier League from 20102013. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". Ian is a Trustee of the Global Outward Bound Charity which takes children from the city and places them in challenging outdoor environments. Baden is a co-founding Director of Theragnostics, and brings to the company his experience in developing and financing SMEs. The Lightning once again saw a high renewal percentage amongst current partners including Tampa General Hospital, Apple, Southwest Airlines and Honda. Steve Griggs is entering his seventh season as chief executive officer of Vinik Sports Group after being named to the position on July 24, 2015. Stay connected with the Lightning on social media! You never know where things are going to go. The Lightning repeated the feat, becoming just the second team since the turn of the century to go back-to-back, after downing the Montreal Canadiens in five games to capture a second-straight Stanley Cup on July 7, 2021. Ian has also invested in the mining, oil and gas sectors, with exploration and production activities in Vietnam, Papua New Guinea and Zambia. Griggs has helped lead the Lightning through six very successful seasons on and off the ice, including back-to-back Stanley Cup Championships and the Bolts' unprecedented regular season success in 2018-19, the team winning a franchise-best 62 games, tied for the most ever in NHL history. But win or lose, it wont change how Vinik is viewed. The cookies is used to store the user consent for the cookies in the category "Necessary". Use arrows to navigate between autocomplete results. He started the Conflict Islands Conservation Initiative and runs volunteer programs for turtle protection and coral research. These cookies will be stored in your browser only with your consent. Lightning Hockey, L.P. is a division of Vinik Sports Group. Julien and I talk probably once every week to two weeks and he just updates me on whats going on. Im worried theyll unanimously vote in a rule that prohibits teams from Florida to win the Stanley Cup, Vinik jokes. Set by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category . Theyve also given more than $5 million to USFs Muma College of Business, which named its sports and entertainment management program for the Viniks. Vinik is at the team Christmas party and after every series win. If she has not withdrawn the petition by Sept. 24, the divorce litigation will resume. 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With the significant increase in attendance and overall brand awareness over the past few seasons, the team has in turn seen increases in revenues and profitability. On Feb. 5, 2010, Vinik purchased a rotting Lightning franchise from Koules and Barrie for the bargain price of $140 million. 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. "Be the Thunder" entered its 10th consecutive season in 2020-21, further demonstrating its staying power and paying tribute to the Lightning's passionate fan base, making them part of the team. 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. Ian Gowrie-Smith was born in Australia and educated at Geelong Grammar and Melbourne University. 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. Necessary cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website. 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. His business career ranges from pharmaceutical industry to mining, oil and gas. Vinik was awarded Duke University's Distinguished Young Alumni Award in 1994, and he later served on the Duke University Board of Trustees. Professor Ken Herrmann Im always amazed at teams that fire a GM after three years. 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. $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. It was Viniks family who designed the Lightnings spectacular Stanley Cup rings on a pair of cocktail napkins. 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. I was glad when the cavalry arrived. It works only in coordination with the primary cookie. 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In the past decade, Jeff and Penny Vinik have established themselves as one of the regions most generous and wide-ranging philanthropic families. But Vinik and BriseBois didnt do anything rash. Unbridled success, yet his fellow NHL owners dont root against him because of the man he is. He didnt abandon his principles.. Its a nice building. He founded a predecessor to the Management Company (VAM) in 1996 and was its senior managing member. Thunderstruck: Celebrate the Tampa Bay Lightnings one-of-a-kind championship season with this hardcover collectors book. Jeff closed his Boston firm in 2013, to focus on business and philanthropic interests in Tampa. Our brand was irrelevant in the community for not only the product on the ice, which was pretty bad for a while, but also for just how we went about business. Some have doubts. And again, thats scary, but it was also opportunity to bring in people that bring their A games every day. The Viniks champion many charitable organizations with emphasis on providing support for education, entrepreneurship, and the arts. 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. 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. 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. Look at the little bit of pain and look at all the gain that hes gotten since then.. 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. One of his most prominent programs, Lightning Community Heroes, celebrates a local hero during each Lightning regular-season home game and donates $50,000 to a non-profit charity of his or her choice. Jeffrey Vinik May 3, 2014 Chairman, President, and CEO of Vinik Asset Management Graduation Year: 1981 Degree at Duke: Bachelor of Science Major/Program: Civil Engineering Career Highlights: Former manager of the world's largest mutual fund, Fidelity Magellan 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 went on to earn his Master of Business Administration degree from the Harvard Business School, graduating in 1985. 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. Penny and Jeff have filed an 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. Jeff right now is the most respected of the ownership brethren, Washington Capitals owner Ted Leonsis tells The Athletic. Off the ice, the Lightning brand has been completely revitalized and transformed, having been lauded by both ESPN as the No. You may have heard of Vinik. 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. Through the 2020-21 season, more than $23 million has been donated through the Community Heroes program to more than 750 local non-profits. Florida was among the states hardest hit. The Viniks have been one of the areas most active philanthropists. They owned a losing franchise, both on and off the ice, they were disconnected from their fan base and they needed a way out. If no results appear, use Enter to do what they did. jeff vinik email! A predecessor to the management company ( VAM ) in Pinellas County protection coral! To two weeks and he later served on the throne of the Tampa Bay community since Jeff the... Closed his Boston firm in 2013, to focus on Business and philanthropic interests in Tampa ''! Theyll unanimously vote in a rule that prohibits teams from Florida to win the Cup... 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