Penny Vinik has been a strong advocate for and patron of the arts within Tampa Bay. 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. Julien came over to my house, we talked for 2 hours, and we he, since hes the boss came up with the brilliant idea not to blow it up, Vinik says, sarcastically. Vinik probably gets this measured, calm approach from his business life. Vinik and Virgo, who had each led previously funding rounds for Peerfit, were joined by other existing shareholders in the latest round, said Ed In a very short period of time, Jeff took an incredibly moribund franchise and turned it into the best team in professional sports. 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. Oh, and on the ice, in the 12 years Vinik has owned the team, the Lightning have enjoyed unrivaled success. Contact Eduardo A. Encina at eencina@tampabay.com. Before coming to Tampa Bay, Griggs spent nearly three years serving as executive vice president of sales and marketing for the Orlando Magic. She says she agrees that he may have exclusive use of the couples home in Sarasota while the divorce is pending. Under the Cur(ate) TPA umbrella, Griggs oversaw the design and opening of the new Cigar City Brewing Taproom on Ford Thunder Alley. $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. He hired the perfect people Leiweke on the business side and Steve Yzerman on the hockey side, two people Vinik called slam dunks to guide the ship. Fire the coach. Jeff closed his Boston firm in 2013, to focus on business and philanthropic interests in Tampa. It was bleak there for a while, Vinik says. Ian champions many charitable organizations with emphasis on providing support for education and the environment. Enter Search Term. New Bucs offensive coordinator Dave Canales staff nearly set, As Tampa Bay sales grow, sport bike maker Ducati plans giant dealership. More than $5 million to USFs Muma College of Business, which named its sport and entertainment management program for the Viniks. But patience is really important.. I left Seattle, and it felt like we were in a mild recession. Together, they have been one of the areas leading philanthropic families. 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. WebIn Fall 2018, VFF will loan Yayoi Kusama's Infinity Room LOVE IS CALLING to the Tampa Museum of Art. I dont need to come in there after games. 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. And Steve did his magic., Before each hockey season, Leonsis sends Vinik an email that says: I want to win the Stanley Cup. To find out more see our. Prior to joining the Magic, Griggs served for seven years as the vice president of sales and service for the Minnesota Wild of the National Hockey League and their parent company, Minnesota Sports & Entertainment (MSE). Vinik is also the impetus behind Embarc Collective, an innovation hub which opened in downtown Tampa in 2019. He served on the board of directors for Liverpool Football Club of the Premier League from 20102013. He has extensive product and clinical development experience across a range of small molecule and biological products. SARASOTA - His hockey team is in the 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. After some deep thought, and a few glasses of wine, he targeted professional sports as his next pursuit. 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. While Vinik was enjoying success in the financial industry, the Lightning franchise was flirting with bankruptcy and potential relocation. Vinik, the owner of the Tampa Bay Lightning, recently donated more than $1 million to the V Foundation for Cancer Research. You will be hard-pressed to find anyone who is not happy for the 61-year-olds first Cup victory (save the 30 other NHL owners). Embarc formally brings together startup companies, venture capitalists, academic resources, and startup-focused partners in a central physical hub to help open opportunities, inspire iteration, push progress, and put Tampa Bay on the map as a prime destination for diverse startup talent to make an impact. A $50,000 grant is given out at each home game to the community heros charity of choice. En cliquant sur Refuser tout, vous refusez tous les cookies non essentiels et technologies similaires, mais Yahoo continuera utiliser les cookies essentiels et des technologies similaires. Among his many achievements he is a world leading expert in the clinical development of therapeutic and diagnostic radiopharmaceuticals. Then his influence spread over Tampa Bay. Ian is best known for having founded and chaired two billion-dollar companies in the pharmaceutical sector, Medeva PLC and Skyepharma PLC. That is the goal, for our team, for our fans and for our community, says Katz, the Oilers owner. Im very lucky, the unassuming, unintimidating, very friendly Vinik says. Were all extremely impressed by the sustained success in Tampa under Jeffs ownership. 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. 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. The first Cup, when Tampa Bay beat Dallas in the Edmonton bubble, Vinik was at home in Cape Cod with his family. 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. Greg graduated with a PhD in Chemistry from the University of Kent and went on to Oxford University where he completed his post-doctoral research. Letsgetstarted. 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. But Vinik vowed to make the Lightning a first-class organization and rescue a brand that was in the gutter. This cookie is set by GDPR Cookie Consent plugin. Jeff Vinik - Chairman and Governor. Jeff Vinik purchased the Tampa Bay Lightning on March 3, 2010, promising a comprehensive transformation of the franchise while pledging to make a significant positive impact in the Tampa Bay community, and he has delivered. 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 dont think thats happened in the history of organized sports, laughs Tod Leiweke, who Vinik hired to be CEO months after buying the team. Look at the little bit of pain and look at all the gain that hes gotten since then.. The cookie is used to store the user consent for the cookies in the category "Performance". 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. 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. But the location of the building is just too isolated. Sign up for our regular 'Bolts Newsletter' for all the latest. 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. Vinik was born to a Jewish family in Deal, New Jersey. The fan base was there. Its a nice building. Penny and Jeff Vinik, a Tampa Bay power couple, have put their divorce proceedings on hold for now, filing for a 90-day pause. It wasnt just getting swept in 2019, Vinik says. They know how to create a brand, implement superior, friendly customer service, and we did a lot in the community. Red tide is back (again) in Pinellas County. Were not going to blow it up! 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. E: hello@theragnostics.com, US Office Theragnostics Inc Penny and Jeff have filed an Im actually taking notes. 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. In February 2010, Koules, Barrie and the Lightning faithful got exactly what they wanted, and so desperately needed.Tampa Bay sale all but done.. Jeff Vinnik Boston hedge fund guy buys from Oren Koules and Len Barrie.. Should be announced friday.. Daren Millard (@darenmillard) February 5, 2010. Both Pittsburgh and Washington, we lost in seven to both of them in the conference final. He is currently a Director of the Whitehead Institute for Biomedical Research, Myriad Genetics, Inc. (NASDAQ: MYGN) and Brooklyn ImmunoTherapeutics, Inc. (NYSE American: BTX). Hes just taken it to such a different level. 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. 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. It took Vasilevskiy five or six years to hit his prime. Updated hourly, with analysis, commentary and features from hundreds writers worldwide, our articles are read over 5 million times every month. 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. Jeffrey N. Vinik. 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. 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. Im good with numbers, so I can sometimes ask good questions. Julien and I talk probably once every week to two weeks and he just updates me on whats going on. You also have the option to opt-out of these cookies. 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. sport and entertainment management program, USF Health Morsani College of Medicine and Heart Institute, Tampa Mayor Jane Castor isnt on board with defunding the police. 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. 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. And again, thats scary, but it was also opportunity to bring in people that bring their A games every day. He needed a new challenge and he wanted to make a difference. WebAbout. Penny and Jeff Vinik, a Tampa Bay power couple, have put their divorce proceedings on hold for now, filing for a 90-day pause. Analytical cookies are used to understand how visitors interact with the website. Read More, In case of sale of your personal information, you may opt out by using the link Do Not Sell My Personal Information. Ian has also invested in the mining, oil and gas sectors, with exploration and production activities in Vietnam, Papua New Guinea and Zambia. 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. The cookie is used to store the user consent for the cookies in the category "Analytics". LinkedIn sets the lidc cookie to facilitate data center selection. New Bucs offensive coordinator Dave Canales staff nearly set, As Tampa Bay sales grow, sport bike maker Ducati plans giant dealership. 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. They established the Lightning Community Hero program in 2011 to provide funding and recognition to those improving the lives of individuals most in need. Griggs first joined the organization as COO on August 31, 2010. 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. Fifty large to a person or charity that does noble work in our community. It doesnt happen by chance. Jeff Vinik is building the physical infrastructure that is allowing us to connect internally to build the virtual infrastructure of the future, said Chris Krimitsos, founder of the Florida Bitcoin & Blockchain Summit. I didnt have the foresight that he had and didnt have the funds to survive those first three or four years. Hes an unbelievable owner. His Lightning franchise has finished in the top 10 in league attendance for eight consecutive seasons, and they have been resurrected as Stanley Cup Champions while Vinik continued to pay his full-time staff their full salaries during the NHL shut down due to the pandemic. 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. Jeff graduated from Duke University and earned his MBA from Harvard Business School. Then we got swept. In his ten seasons as the owner of the Lightning, there have been no scandals, no lawsuits, no distractions and no disconnect from the community. Viniks likable personality, generosity, passion and authenticity provide a refreshingly positive experience for those fortunate enough to cross paths with him. Thunderstruck: Celebrate the Tampa Bay Lightnings one-of-a-kind championship season with this hardcover collectors book. In the past decade, Jeff and Penny Vinik have established themselves as one of the regions most generous and wide-ranging philanthropic families. Greg has a career spanning over 20-years in translational medicine. Does New College have money to pay Richard Corcorans salary? The Viniks have been one of the areas most active philanthropists. In Fall 2018, VFF will loan Yayoi Kusama's Infinity Room LOVE IS CALLINGto the Tampa Museum of Art. The family moved to Tampa a couple of years after Jeff Vinik bought the Lightning in 2010 for an estimated $110 million. 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. He has taken vaccines from discovery through to pediatric Phase 2b clinical trials while at the National Institutes of Health in the United States. 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. 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