TAMPA, Fla. — The Tampa Bay Lightning launched a multistage sale process that will value the organization at close to $2 billion, according to sources at Sportsnet.
The deal is currently not final. However, the purchaser is reportedly believed to be Doug Ostrover, co-founder and CEO of Blue Owl Capital, an investment firm giant with a revenue of $1.73 billion.
It is reported that the Lightning's current owner, Jeff Vinik, will continue to have a significant ownership stake as part of the new group as well as retain full control of the franchise for the next several years.
He purchased the Lightning for a reported $170 million back in 2010. Since then, the team has won two Stanley Cups and made another two trips to the final.
'Cruise lights' on Hillsborough County Sheriff's Office patrol cars raise questions, confusion among drivers
Every driver knows that when you see red and blue flashing lights on a patrol car, you slow down, pull over, or get out of the way.
But in Hillsborough County, drivers will also now see deputies with their lights on, but not flashing. They're called "cruise lights," and the Hillsborough County Sheriff's Office (HCSO) recently implemented their use on all patrol vehicles.
