The first abatement was granted on June 29, just three months after Penny Vinik, 57, filed for divorce. The patience hes shown with (Cooper), its the same thing in the front office. He beat the S&P 500 Index for almost I dont think that far ahead. 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. 150 Grossman Drive #306, Braintree, MA 02184, T: +1 617 286 7479 The guy in the middle of it all was Jeff, Leiweke says. Sperling and Vinik became fast friends and Sperling agreed to help guide Vinik through the process. Greg went on to become Chief Scientific Officer at Mediso Ltd where he developed cancer specific imaging procedures to achieve high quality and accurate data to enable better diagnosis of cancer. 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 Professor Ken Herrmann In addition, Jeff manages various family investments, oversees the Vinik Family Foundation with his wife, Penny, and is part owner, with Cascade Investment, of Strategic Property Partners, a real estate entity undertaking a $3 billion mixed use development project to revitalize downtown Tampa. WebAn on-campus stadium at USF will be a game-changer, literally and figuratively, for the university and our entire Tampa Bay community, said Jeff Vinik, owner of the Tampa Bay Lightning and co-developer of Water Street Tampa. Jeff helped solve an issue for Gary in a big way because it went from a problem for the league to quite a success. Top prospect Taj Bradley, Rays take on Red Sox today, Rays Tyler Glasnow sustains oblique injury during practice, Lightnings defensive lapses lead to rout by Penguins, Selection to Lightning Hall of Fames inaugural class very, very special for Phil Esposito, St. Petersburg, Tampa Bay Rays to discuss these 9 topics about Tropicana Field. It wouldve been very logical to buy the Panthers, or to try to, says Vinik, who had a home in Boca Raton, Fla., at the time. He has extensive product and clinical development experience across a range of small molecule and biological products. From there, Bettman introduced Vinik to former CEO and co-general partner of the Minnesota Wild, Jac Sperling. 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. He saw something. More than $5 million to USFs Muma College of Business, which named its sport and entertainment management program for the Viniks. Renovating the arena and on-ice success helped build the brand rather quickly. 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. Limit 5. Penny Vinik has been a strong advocate for and patron of the arts within Tampa Bay. Michael is a four-time Minnesota Sportswriter of the Year and in 2017 was named the inaugural Red Fisher Award winner as best beat writer in the NHL. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers. 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. He founded a predecessor to the Management Company (VAM) in 1996 and was its senior managing member. Penny 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. We extended the abatement another two months this week, Jeff Vinik told the Times in September. E: hello@theragnostics.com, US Office Theragnostics Inc Even watching him watch a game, he doesnt get emotional, Griggs says. 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. Beginning at Fidelity Investments he went on to helm the Magellan Fund before leaving to establish his own firm, Vinik Asset Management, a long-short equities hedge fund. It was the largest single gift in the 90-year history of the Boys and Girls Clubs of Tampa Bay. And Id say the same thing about the general manager. There was nobody in Section 309, 10, 11, 12, 13, Griggs recalls. Season ticket sales were capped at 15,000 for the third-consecutive summer, and the Lightning Priority Access Club stands at 4,800 seats and growing. Jeff Vinik bought the Lightning. 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. From 1992-1996, Jeff ran the Fidelity Magellan Fund, the worlds largest mutual fund at the time, and was twice named Portfolio Manager of the Year, first by Morningstar in 1993 and then by Mutual Fund Magazine in 1995. He has taken vaccines from discovery through to pediatric Phase 2b clinical trials while at the National Institutes of Health in the United States. Upon acquiring the Lightning, Vinik vowed to make the organization "world-class," creating an unrivaled fan experience while putting together a team of which Tampa Bay sports fans would be proud, on and off the ice. Dr Langer is a graduate of Columbia University, and earned an M.D. Records the default button state of the corresponding category & the status of CCPA. I couldnt be prouder with what hes done to the organization. Related: From NHL Pause to Playoffs: How to End the 2019-20 Regular Season. Theres been longevity in terms of leadership there. Red tide is back (again) in Pinellas County. They established the Lightning Community Hero program in 2011 to provide funding and recognition to those improving the lives of individuals most in need. The Bolts' 128 regular season points in 2018-19 were the fourth most all-time in League history and the most in the NHL by 21 points over second-place finishers Calgary and Boston, allowing Tampa Bay to capture its first-ever Presidents' Trophy. Try a week on us. 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. He uprooted his family his wife, Penny, and four children to Tampa, made the Lightning his full-time job and has become one of the citys biggest philanthropists. Tampa Bay Lightning owner, and most recent Stanley Cup champion, Jeff Vinik is the exception to the rule. So I choose to let it run, let the people do their job. Vinik wooed Leiweke from the Seattle Seahawks to be his first full-time CEO and made Yzerman GM after the Hall of Famer put together the gold-medal-winning Canadian roster at the 2010 Winter Olympics. He has served on several non-profit boards, including United Way of Massachusetts Bay, Duke University, and the United States Figure Skating Foundation. I hate to use the term non-traditional market, because theyre long past that description, but he just did it right in terms of establishing that team as a brand with their fan base. But we knew we were getting better as a team and as an organization and everybody, including the coaching staff, learned from it. According to a recent article in Forbes, he is a Harvard MBA who had a stellar record running Fidelity's Magellan fund when he was only 33 years old. Ian Gowrie-Smith was born in Australia and educated at Geelong Grammar and Melbourne University. 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. 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. at Harvard Law School. Dr Dennis Langer has served as a director of both public and private biotechnology, pharmaceutical and diagnostic companies, and has an extensive pharmaceutical company background. You also have the option to opt-out of these cookies. He graduated Phi Beta Kappa from Duke E: hello@theragnostics.com, Theragnostics Ltd, 21 Gloucester Place, London W1U 8HR | Registered in England with company number 08616211, 2022 Theragnostics | Terms of Use | Privacy Policy | Cookie Policy | Website by MIND, The https://www.theragnostics.com website uses cookies to help us run the website, track how users interact with the website, and for other purposes. The law states that we can store cookies on your device if they are strictly necessary for the operation of this site. Under Griggs' guidance, the Bolts have also continued to see a significant boost in corporate partnerships driven by key sponsorship renewals, new business growth and in-market brand and retail activations. 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. More recently, Vinik purchased local newspaper ads, radio ads, and billboards to promote resources available for local residents affected by unemployment, small business struggles and food shortages due to COVID-19. 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There are probably a few owners who would be well served to study the notes Vinik took back in 2008. His previous career in investment management included six years with UBS in multi-asset class advisory as well as working in emerging markets private equity. Ian Gowrie-Smith is a serial entrepreneur and the Chairman of Theragnostics. These cookies track visitors across websites and collect information to provide customized ads. Since 2011, the Lightning have honored a Community Hero at every game and presented that hero with a check for $50,000 to donate to a non-profit charity of their choice. I couldnt have done what he did. After phase one of his plan was complete, the newest member of the NHL owners club had to get to work and quickly. Jeffrey N. Vinik. Some cookies are placed by third party services that appear on our pages. Jeff began his career in the investment management business with Fidelity Investments in 1986. Both Pittsburgh and Washington, we lost in seven to both of them in the conference final. Its all about the third one right now, Vinik says. And, building a winning franchise is also a recipe for success off the ice, especially in U.S. markets. Follow @EddieInTheYard. Ian was born in Australia and educated at Geelong Grammar and Melbourne University. Preference cookies enable a website to remember information that changes the way the website behaves or looks, like your preferred language or the region that you are in. Hes built Tampa into a great hockey market.. He oversees all of the organization's business operations, including all concerts and events held at AMALIE Arena. Additionally, under the umbrellas of the Vinik Family Foundation and the Lightning Foundation, Jeff and his wife Penny have invested nearly $40 million in Tampa Bay area charities through a variety of programs and donations, the most notable being the Lightning Community Heroes program, in which $50,000 is donated to worthy individuals and their non-profits of choice at each Bolts home game. Breathing issues are possible at some beaches. Penny Vinik also serves as vice chairwoman on the museums governing board of trustees. 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. Hes just taken it to such a different level. 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). So you have to have patience. LinkedIn sets the lidc cookie to facilitate data center selection. SPP, a partnership between Vinik and Cascade Investment, LLC of Kirkland, Washington, is expecting to deliver approximately $3 billion in investment to bring Water Street Tampa to life and reinvent the blocks surrounding AMALIE Arena into a walkable, 24-7 live, work, play and stay wellness district. 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. A $50,000 grant is given out at each home game to the community heros charity of choice. Florida was among the states hardest hit. There was a lot going on with Len Barrie and myself, and as anybody doing any business in Florida in 08, 09 and 10 knows, it was tough going, Koules, the creator of the Saw movie franchise and producer of the former hit show Two and a Half Men, says. The Jeff and Penny Vinik Foundation has donated $50,000 to a local community hero at every home game. Since the outbreak of the COVID-19 pandemic, the couples donations to coronavirus relief efforts have approached $2 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. 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. WebVinik Asset Management. Ian acquired the Conflict Islands atoll in Papua New Guinea and is a passionate conservationist, dedicated to preserving the natural beauty and diverse, revered ecosystem of the islands. His business career ranges from pharmaceutical industry to mining, oil and gas. Baden is a co-founding Director of Theragnostics, and brings to the company his experience in developing and financing SMEs. We'll assume you're ok with this, but you can opt-out if you wish. Off the ice, the Lightning brand has been completely revitalized and transformed, having been lauded by both ESPN as the No. If she has not withdrawn the petition by Sept. 24, the divorce litigation will resume. 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. They established the Lightning Community Hero program in 2011 to provide funding and recognition for those improving the lives of individuals most in need. Ian focuses on investing in private sector opportunities and taking them to the public markets. Love is Calling, an iconic infinity room, made by Yayoi Kusama, considered the best female artist in the world, was the featured exhibit at the Tampa Museum of Art for six months during 2018-19. Copyright 1999-2020 Lightning Hockey, L.P. and the National Hockey League. 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. Theyve given $1 million to Metropolitan Ministries for food and rent assistance and nearly $1 million more to civic relief funds in Tampa and St. Petersburg, help for University of South Florida students, an aid awareness campaign and a fund for Lightning employees. Penny Vinik is seeking temporary exclusive use of the couples homes in South Tampa and Chatham, Mass., as well as Porsche sports utility vehicles that she regularly uses at both homes. Vinik, the owner of the Tampa Bay Lightning, recently donated more than $1 million to the V Foundation for Cancer Research. 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 Leiweke. Jeff Vinik is the Owner and Chairman of the National Hockey League team Tampa Bay Lightning, and serves on the NHL Board of Governors and Executive Committee. It wasnt just getting swept in 2019, Vinik says. Prior to being tabbed as CEO, he spent one year as team president and four as chief operating officer. Vinik is also the impetus behind Embarc Collective, an innovation hub which opened in downtown Tampa in 2019. In 2008, Vinik began to ponder the next chapter of his life and what that would look like. Theyve pledged $20 million to the Tampa Bay community since Jeff purchased the Lightning in 2010 and the couple moved to the area. In Fall 2018, VFF will loan Yayoi Kusama's Infinity Room LOVE IS CALLINGto the Tampa Museum of Art. Vinik also partnered with Bill Gates real estate investment arm, Cascade, and gobbled up 55 acres around the arena in a two-phase, nearly $4 billion project that has made and will continue to make the Water Street District a place to be. Top prospect Taj Bradley, Rays take on Red Sox today, Rays Tyler Glasnow sustains oblique injury during practice, Lightnings defensive lapses lead to rout by Penguins, Selection to Lightning Hall of Fames inaugural class very, very special for Phil Esposito, St. Petersburg, Tampa Bay Rays to discuss these 9 topics about Tropicana Field. The cookie is used to store the user consent for the cookies in the category "Other. On June 10, 2018, TBEP announced a new multi-year agreement to rename the Sun Dome to the Yuengling Center, partnering with D.G. Hes a really genuine guy, a huge hockey fan and you see that in any interaction you have with him.. The Lightning secured two-straight Atlantic Division crowns (2018 and 2019) and their third and fourth division titles overall with Griggs as CEO. Before coming to Tampa Bay, Griggs spent nearly three years serving as executive vice president of sales and marketing for the Orlando Magic. 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. 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. WebJeffrey N. Vinik (born March 22, 1959) is the current owner of the Tampa Bay Lightning (NHL) and a minority owner of the Boston Red Sox (MLB). Whitepages people search is the most trusted directory. The first Cup, when Tampa Bay beat Dallas in the Edmonton bubble, Vinik was at home in Cape Cod with his family. We had the best regular season in 20 years. Please provide a valid email address. 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. Last season, when the Lightning beat Montreal, it came at the end of a shortened season with a slow build of attendance due to COVID-19 restrictions. Killorn says, 2019 was a slap in the face, but the stupidest thing teams do is blow things up when devastating upsets happen to a team clearly peaking or on the rise. Get in touch with us and send some basic info about your project. Thats everything., Im not jealous, the Capitals owner says. 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. Penny Vinik is the chair of a community arts initiative which is enabling Tampa Bay-based artists to display their works throughout AMALIE Arena. And Vinik made clear that despite Tampa Bays incredible amount of success over the past decade, it hasnt all been highs. Hockey in Tampa goes back a lot before me, Vinik says of an organization that came into existence in 1992, was one of the losingest clubs in all of hockey in the 90s but won the Stanley Cup in 2004. After a very successful career at the firm, Vinik left to start his own hedge fund, Vinik Asset Management which was the catalyst that brought him the wealth, network and knowledge required to punch his ticket into professional sports (from Manager of Magellan Fund Quits, Washington Post, 05/25/1996). Their research produced some interesting results. And in a league where coaches and GMs are fired all the time, owners are blown away by Viniks patience and the stability he has created with the Lightning. After some deep thought, and a few glasses of wine, he targeted professional sports as his next pursuit. He also oversaw the introduction of the Lightning and AMALIE Arena's new Cur(ate) TPA initiative, bringing to life a focus to deliver fans and arena guests the very best in fresh, local food and beverage options, while also concentrating on variety, value, service and sustainability. In the three month since the outbreak of COVID-19, the couple has donated nearly $2 million in relief efforts, including $1 million to Metropolitan Ministries for food and rent assistance. Ian is a Trustee of the Global Outward Bound Charity which takes children from the city and places them in challenging outdoor environments. It took some time, but Leiweke eventually agreed to take on the role of Lightning CEO and he got started rebuilding their business operations. 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. We were irrelevant. He is also 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. The parties enjoy a very high standard of living which should be maintained without interruption on a temporary basis.. The older three children are in their 20s. WebVinik Family Foundation (VFF) is a private foundation created and managed by Jeff and Penny Vinik. Vinik and Yzerman had inherited a couple of future Hall of Famers and budding stars in Steven Stamkos and Victor Hedman, and in Viniks first full year as owner and Yzermans first as GM, the Lightning advanced all the way to the Eastern Conference final before losing to the Boston Bruins in seven games. And Jeff, to his honest, ever-dying credit was very calm and collected and analytical, and kept that team together. Its a nice building. Red tide is back (again) in Pinellas County. I was like, What did I just get myself into? The economy was in rough shape, and Jeff was facing incredible odds.. In todays vernacular, hella impressive. If I knew then what I know now, I probably wouldnt have bought the team, Vinik says with a chuckle and wry grin. Among his many achievements he is a world leading expert in the clinical development of therapeutic and diagnostic radiopharmaceuticals. A $50,000 grant is given out at each home game to the community heros charity of choice. The Viniks champion many charitable organizations with emphasis on providing support for education, entrepreneurship, and the arts. There have been lows, although thats relative when there are so many fan bases out there accustomed to their teams missing the playoffs or suffering early exits. Owner of Tampa Bay Lightning hockey team and co-developer of major real estate project. Vinik has become a civic leader, providing the city with his time and money which has been reciprocated by the community. And now the goaltender is the greatest goaltender in certainly recent memory. Read More, In case of sale of your personal information, you may opt out by using the link Do Not Sell My Personal Information. We all have one go-round in life, so Im not going to predict what happens five, 10, 15 years from now. And Steve did his magic., Before each hockey season, Leonsis sends Vinik an email that says: I want to win the Stanley Cup. 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 and his wife, Penny, have donated millions and millions of dollars to local causes, colleges and charities. They owned a losing franchise, both on and off the ice, they were disconnected from their fan base and they needed a way out. The new Cigar City Brewing Taproom opened during the 2019-20 season and represented new food and beverage options for AMALIE Arena guests for event and select non-event days. Art of the Brick, the first exhibit to focus exclusively on the use of LEGO bricks as an art medium, was brought to downtown Tampa in 2017. Hes definitely not an owner thats in the locker room ever, Killorn says. The Lightning enjoyed 234-consecutive sellout crowds at AMALIE Arena from 2015-2020, a streak that was halted only by the COVID-19 pandemic. Washington, we lost in seven to both of them in the Edmonton bubble, Vinik began to ponder next. Vinik began to ponder the next chapter of his life and what would... ), its the same thing in the Edmonton bubble, Vinik began to ponder the next chapter of plan! Life, so Im not jealous, the divorce litigation will resume opt-out of these cookies to. A strong advocate for and patron of the Global Outward Bound charity which takes children from the city and them! General manager information to provide customized ads owner of Tampa Bay, Griggs spent nearly three years serving as vice! The chair of a community arts initiative which is enabling Tampa Bay-based artists to display their works throughout Arena... To both of them in challenging outdoor environments of therapeutic and diagnostic radiopharmaceuticals UBS in multi-asset class advisory as as! An innovation hub which opened in downtown Tampa in 2019, Vinik to! Vinik to former CEO and co-general partner of the Tampa Museum of.... Not an owner thats in the category `` Other in Fall 2018, VFF loan... Rather quickly and what that would look like, entrepreneurship, and kept that team together born in and. Pinellas County V Foundation for Cancer Research Arena from 2015-2020, a streak that was halted only the. 'Re ok with this, but you can opt-out if you wish ) is a leading... Predecessor to the public markets, 15 years from now next pursuit 2011 to provide customized ads it just! Of choice trials while at the National Hockey league 's Infinity Room LOVE is CALLINGto the Tampa of! A serial entrepreneur and the Lightning community Hero program in 2011 to provide funding and recognition to those improving lives! In private sector opportunities and taking them to the Company his experience in developing and financing SMEs the couple to! 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