Yeah, I've got next to nothing to add on this TSN report about Mario Lemieux, Ron Burkle and David Morehouse exploring buying back the Penguins.
I'm in regular touch with Morehouse, and I'd never heard anything of the kind. Same goes for anything at all from the Lemieux/Burkle perspective.
I will say this: I confirmed at the time of the sale to Fenway Sports Group in 2021 that the hard price was $900 million. So, obviously, gaining a controlling interest would require a pop of $450 million-plus and ... yeah, that's a serious pop. I don't believe that either Morehouse or 66 has that. I'm sure that Burkle does, but my goodness, that's still a chunk.
I've got feelers out. But I'm here to tell you already ... yeah, no.
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THE ASYLUM
Dejan Kovacevic
9:35 pm - 06.11.2025DowntownYeah, I've got next to nothing to add on this TSN report about Mario Lemieux, Ron Burkle and David Morehouse exploring buying back the Penguins.
I'm in regular touch with Morehouse, and I'd never heard anything of the kind. Same goes for anything at all from the Lemieux/Burkle perspective.
I will say this: I confirmed at the time of the sale to Fenway Sports Group in 2021 that the hard price was $900 million. So, obviously, gaining a controlling interest would require a pop of $450 million-plus and ... yeah, that's a serious pop. I don't believe that either Morehouse or 66 has that. I'm sure that Burkle does, but my goodness, that's still a chunk.
I've got feelers out. But I'm here to tell you already ... yeah, no.
Want to participate in our comments?
Want an ad-free experience?
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