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• Penguins and Head Coach Mike Sullivan Agree to Part Ways
The Pittsburgh Penguins and Head Coach Mike Sullivan have agreed to part ways, it was announced today by President of Hockey Operations and General Manager Kyle Dubas. “On behalf of Fenway Sports Group and the Penguins organization, I would like … Continue reading → The post Penguins and Head Coach Mike Sullivan Agree to Part Ways first appeared on Pro Hockey News....2025
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• Sources: Fenway group to shop stake of Penguins
Fenway Sports Group, which bought controlling interest of the Pittsburgh Penguins in 2021 for $900 million, is taking the NHL franchise to market to explore selling a minority stake, multiple sources told ESPN's Emily Kaplan and Kevin Weekes on Monday....2025
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• Fenway Sports Group Not Expected To Bid For Celtics
Fenway Sports Group was identified last summer as a potential bidder for the Celtics, but with Boston’s ownership group expecting its first round of offers by this Thursday, FSG is not expected to be involved in the process, reports Chris Cotillo of MassLive.com. Fenway Sports Group is the controlling owner of MLB’s Boston Red Sox, […]...2025
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• Unrivaled’s list of world-renowned athlete investors is stunning

Photo by Brett Hemmings/Getty Images US tennis star Coco Gauff is the latest athlete to invest in the new 3-on-3 women’s basketball league. Coco Gauff is the latest athlete to invest in Unrivaled, the new 3-on-3 professional women’s basketball league co-founded by Breanna Stewart and Napheesa Collier. Gauff, a 20-year-old U.S. tennis star, was the highest-paid female athlete in the world...2025
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• Unrivaled’s star-studded list of investors shows how big-time the league is

Photo by Logan Riely/NBAE via Getty Images Giannis Antetokounmpo, JuJu Watkins, Dawn Staley, and Michael Phelps headline the latest list of Unrivaled investors. Unrivaled announced Monday morning that the league has closed its Series A investment round — and the list of investors is as star-studded as you can imagine. Milwaukee Bucks star Giannis Antetokounmpo, world-renowned swimmer Mic...2024
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• Dubas’ Trade Strategy: Out with the Old, In with the New
The Penguins are off to a rough start, to say the least. Over their last six games, they’re 0-5-1 and now sit at the bottom of the division, ranking 31st in the league, just above the Sharks. At this rate, they’re looking like a lottery team. So, what should the Penguins do? Fire the coach? Most coaches would’ve been fired for less, so what’s the holdup? Well, according to sources within the o...2024
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• PGA Tour Commissioner Jay Monahan to meet Saudi PIF Governor amid LIV Golf negotiations

Jay Monahan addresses the media ahead of the 2022 Travelers Championship. | Photo by Michael Reaves/Getty Images Monahan revealed that he will meet with Yasir al-Rumayyan, the governor of the Saudi Public Investment Fund (PIF), next week. Earlier this week, Tiger Woods shared that he had faith in PGA Tour Commissioner Jay Monahan as discussions with the Saudi Public Investment Fund (PIF) p...2023
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• Tiger Woods details ‘frustration’ with PGA Tour announcement of Saudi LIV deal

Tiger Woods at the 2023 Hero World Challenge. | Photo by David Cannon/Getty Images Woods revealed how frustrated he was with how the PGA Tour secretly negotiated with the Saudi PIF last spring. On Jun. 6, 2023, PGA Tour Commissioner Jay Monahan and Yasir al-Rumayyan, the Governor of the Saudi Public Investment Fund (PIF), shocked the world by unveiling a framework agreement that would unit...2023
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• Rory McIlroy shockingly resigns from PGA Tour policy board amid Saudi PIF negotiations

Rory McIlroy during a practice round ahead of the 2023 DP World Tour Championship. | Photo by Andrew Redington/Getty Images Rory McIlroy submitted a resignation letter to PGA Tour Commissioner Jay Monahan and the board on Tuesday evening. Rory McIlroy resigned from the PGA Tour Policy Board late Tuesday, one day after tour leadership held a meeting in Ponta Vedra Beach, Florida. The news c...2023
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• Fixing The Mess

The Pittsburgh Penguins have had some pretty incredible defencemen in their franchise history. The likes of Larry Murphy, Paul Coffey, Sergei Zubov, Sergei Gonchar, Kevin Hatcher, Ulf Samuelsson, Marty McSorley, Darius Kasparaitis, and Kris Letang have all been players I've witnessed in the Penguins' black-and-yellow in my time, and it's pretty amazing to think that the franchise has had this many...2023
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• Penguins Stave Off Flyers for Must-Win Win
Last summer Fenway Sports Group was reported to have asked general manager Ron Hextall to share his plan for retooling the Penguins. Hexy assured them he had a plan, but that it was hard to articulate. Along those lines, I’m sure coach Mike Sullivan has a plan for protecting third-period leads. And I’m sure he and his staff communicate that plan to the players. Unfortunately, something always seem...2023
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2025
"Fenway Sports Group, which bought controlling interest of the Pittsburgh Penguins in 2021 for $900 million, is taking the NHL franchise to market to explore selling a minority stake, multiple sources told ESPN's Emily Kaplan and Kevin Weekes on Monday."

2024
"Theo Epstein rejoins Red Sox as part owner, senior advisor with Fenway Sports Group: 'Unique opportunity'"

2023
"co/e8jwvtjTiX— LeBron James (@KingJames) October 10, 2023 James is no stranger to owning sports teams already: he has equity in the Fenway Sports Group that owns the Boston Red Sox, Pittsburgh Penguins, and Liverpool FC."

2022
"Liverpool 's owner, the Boston-based Fenway Sports Group (FSG), is prepared to sell its controlling stake in the club, sources have told ESPN."

2021
"Fenway Sports Group, whose portfolio includes the Boston Red Sox and Liverpool, is in advanced talks to purchase the Pittsburgh Penguins, a source told ESPN, confirming reports by the Wall Street Journal and Sportico."

2020
"Liverpool FC—which James holds equity in via his partnership with Fenway Sports Management through LRMR Ventures—just ended their 30-year wait to win the Premier League […] The post LeBron James reacts to Liverpool winning Premier League title appeared first on ClutchPoints."

2018
"Ayre became Liverpool's managing director in March 2011 following the club's purchase by Fenway Sports Group and was promoted."

2017
"Red Sox Principal Owner John Henry and Chairman Tom Werner today announced that they have agreed to a contract extension with Sam Kennedy, and have elevated him to President and Chief Executive Officer of the Red Sox and Fenway Sports Management."

2016
"The Red Sox are owned by the Fenway Sports Group, which also owns Premier League side Liverpool and half of Roush Fenway Racing."

2015
"The 59-year-old executive was being courted by three teams, the Sox chief among them after principal owner John Henry asked him to fly to Chicago a few days earlier to meet chairman Tom Werner and Fenway Sports Group president Mike Gordon during a break in Major League Baseball’s quarterly owners meetings."

• Fenway Sports Group Not Expected To Bid For Celtics
2025

Check it out Chris Cotillo salary
• Unrivaled’s list of world-renowned athlete investors is stunning
2025

Click for news about Coco Gauff
• PGA Tour, Tiger Woods meeting with LIV Golf, Saudi PIF officials in New York, per report

PGA Commissioner Jay Monahan during the final round of the 2024 Tour Championship. | Photo by David J. Griffin/Icon Sportswire via Getty Images PGA Tour leadership, including Tiger Woods, are conducting meetings with the Saudi Public Investment Fund in New York this week. Tiger Woods has joined PGA Tour officials in New York, where tour leadership is meeting with Saudi Public Investment Fu...2024
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• “Big Boy Stuff:” Rory McIlroy details important PGA Tour, Saudi PIF meeting after Memorial round

Rory McIlroy during the first round of the 2024 Memorial Tournament. | Photo by Dylan Buell/Getty Images Rory McIlroy spoke to several reporters after his opening round at the Memorial and provided details about this important meeting. Key stakeholders from the PGA Tour and the Saudi Public Investment Fund (PIF)—LIV Golf’s beneficiary—will meet on Friday in New York to discuss the future o...2024
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• PGA Tour Board to get shocking Rory McIlroy shakeup amid surprising resignation

Photo by Andrew Redington/Getty Images McIlroy may find himself back on the PGA Tour Board yet again after one of the current members resigned from his position. Rory McIlroy left the PGA Tour Policy Board last year, but now the Northern Irishman may find himself back in leadership. Sources confirmed that the four-time major winner could see a director role on both the PGA Tour Policy Boa...2024
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• PGA Tour unveils ‘golden handcuffs’ payout to reward loyal players
The way the $930m initial investment made by Fenway Sports Group into the PGA Tour is to be divided among the players has been announced, with the top 36 players set to share a pot worth a staggering $750m (£593m). An elite group of players will share $750m of equity in the new commercial entity created in alliance with a group of US-based sports team owners in a bid to safeguard the business from...2024
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• PGA Tour unveils ‘golden handcuffs’ payout to reward loyal players
The way the $930m initial investment made by Fenway Sports Group into the PGA Tour is to be divided among the players has been announced, with the top 36 players set to share a pot worth a staggering $750m (£593m). An elite group of players will share $750m of equity in the new commercial entity created in alliance with a group of US-based sports team owners in a bid to safeguard the business from...2024
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• PGA Tour $3 billion deal with American sports owners ‘imminent’ as Saudi LIV talks postponed

Photo by Kevin C. Cox/Getty Images The PGA Tour and Saudi PIF talks have cooled, with the former closing in on investments elsewhere for the future of golf. On June 6th, the PGA Tour shocked the sports world announcing the framework deal with the Saudi Public Investment Fund (PIF), the beneficiary of LIV Golf. Since then, this story has taken more twists and turns than a soap opera. On Fr...2023
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• 21 PGA Tour players hire attorneys; demand more transparency amid LIV Golf negotiations

Jay Monahan speaks to the media ahead of the 2023 Tour Championship. | Photo by Kevin C. Cox/Getty Images A group of PGA Tour players have hired legal counsel, hoping to obtain more answers from the PGA Tour Policy Board amid LIV Golf negotiations. Twenty-one PGA players have hired attorneys, hoping to obtain more information from the PGA Tour’s ongoing negotiations with the Saudi Public I...2023
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• PGA Tour Policy Board confirms LIV Golf negotiation plans with outside investors

Tiger Woods at the 2023 Hero World Challenge. | Photo by Tracy Wilcox/Getty Images The PGA Tour Policy Board, which Tiger Woods is now a part of, sent a memo to its membership on Sunday detailing the plans. The PGA Tour Policy Board is set on finalizing a deal with the Saudi Public Investment Fund (PIF) ahead of the self-imposed Dec. 31, 2023, deadline. But they will also negotiate with th...2023
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• PGA Tour, Tiger Woods meeting with LIV Golf, Saudi PIF officials in New York, per report
2024

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• PGA Tour breaks down $930 million equity splits to players via email

PGA Tour Commissioner Jay Monahan and John Henry, Chairman of the Fenway Sports Group, shake hands after signing an agreement on Jan. 31, 2024. | Photo by Chris Condon/PGA Tour via Getty Images The PGA Tour unveiled its plan to distribute equity shares of its new for-profit company to current players. The PGA Tour sent an email to its members Wednesday, detailing how it will divide $930 mi...2024
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• PGA Tour exploring Saudi LIV Golf replacement deal with Fenway Sports Group, billionaire investors

PGA Tour Commissioner Jay Monahan watches Viktor Hovland on the 18th green during the final round of the 2023 Tour Championship. | Photo by Jason Allen/ISI Photos/Getty Images The PGA Tour has been under fire after a groundbreaking deal with Saudi’s PIF. However, there appear to be other suitors. An interesting development has risen relative to the PGA Tour’s pending agreement with the Sau...2023
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• An update on the continuing movement away from regional sports network baseball broadcasts

Ryan Spilborghs of AT&T SportsNet Rocky Mountain interviews C.J. Cron | Photo by Dustin Bradford/Getty Images Another team’s games are probably heading to MLB streaming. In recent months, we have seen the bankruptcy of Diamond Sports result in the non-payment of RSN rights fees to some MLB teams, and broadcasts of Padres and Diamondbacks games have been completely taken over by Major Leagu...2023
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• Fixing The Mess
2023

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• Unrivaled’s list of world-renowned athlete investors is stunning
2025

See more Coco Gauff
• Unrivaled’s star-studded list of investors shows how big-time the league is
2024

See more articles Logan Riely
• 9/11 families furious over PGA Tour, Saudi PIF meeting in NYC on eve of Sept. 11 anniversary

The annual Tribute in Light is illuminated over the skyline of Lower Manhattan on Sept. 9, 2024. | Photo by Gary Hershorn/Getty Images The PGA Tour is meeting with the Saudi Public Investment Fund (PIF) in New York this week, which has understandably enraged 9/11 families. Families of those who tragically lost their lives on Sept. 11, 2001, have every right to be angry once again this week...2024
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• PGA Tour finalizes multi-billion dollar deal with SSG; Saudi PIF, LIV Golf not yet included

PGA Tour logo. | Photo by Rich Graessle/Getty Images The PGA Tour has finalized an agreement with the Strategic Sports Group, which will invest billions into a new for-profit entity. The PGA Tour has closed on a deal with the Strategic Sports Group (SSG), a consortium of American professional owners. SSG, led by Fenway Sports Group, will invest $3 billion in total. The agreement establishe...2024
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• PGA Tour making enhancements to better player, caddy experience at 2024 Signature Events

PGA Tour Commissioner Jay Monahan presents the FedEx Cup trophy to 2023 FedEx Cup champion Viktor Hovland. | Photo by Kevin C. Cox/Getty Images The PGA Tour sent a memo detailing improvements to the overall player and caddy experience at Signature Events in 2024. At the FedEx St. Jude Championship in August, Jon Rahm had a request to the PGA Tour: get more port-a-potties on the course. The...2023
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• Rory McIlroy shockingly resigns from PGA Tour policy board amid Saudi PIF negotiations
2023

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• LPGA announces new event at TPC Boston featuring historic $3.5 million purse

Photo By Ramsey Cardy/Sportsfile via Getty Images The LPGA is expanding and will take on the course at TPC Boston in 2024, with life-changing money up for grabs. On Friday, the LPGA Tour announced a new event for its 2024 season at TPC Boston. The FM Global Championship will be held Aug. 29 to Sept. 1, featuring a 144-player field competing for $3.5 million. This new event will feature o...2023
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• Ricketts Family Reportedly Interested in Buying Liverpool FC
If you thought the Ricketts family’s unsuccessful bid to purchase Chelsea — a possibility that was met with protests — was the end of their dalliance with English football, think again. The Cubs owners are reportedly interested in purchasing Liverpool from Fenway Sports Group after the Red Sox owners announced it was up for sale. … The post Ricketts Family Reportedly Intere...2022
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• Tom Werner Confirms Fenway Sports Group Near Deal To Buy Penguins, Enter NHL

The Pittsburgh Penguins are set to join Fenway Sports Group’s family of properties in the near future. FSG chairman Tom Werner revealed to The Boston Globe’s Michael Silverman on Thursday the conglomerate hopes to close a deal to buy the Penguins by Monday. Ongoing discussions between FSG and Penguins co-owners Ron Burkle and Mario Lemieux […] The post Tom Werner Confirms Fenway ...2021
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• Sources: Liverpool's owners open to selling club

2022
• How Liverpool Sale Would Affect LeBron’s Dream to Own Vegas NBA Team
Last month it was revealed Fenway Sports Group would be willing to sell their entire shareholding of Liverpool FC for the right price. This has caught the attention of the basketball world because LeBron James is a partner in Fenway Sports Group, with LeBron and FSG also considered front-runners to take control of a future […] The post How Liverpool Sale Would Affect LeBron’s Dream to ...2022
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• Source: Red Sox owners in talks to buy Penguins

2021

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• Theo Epstein rejoins Red Sox as part owner, senior advisor with Fenway Sports Group: 'Unique opportunity'

Epstein, Boston's GM from 2003-2011, was working with MLB and played a key role in recent rule changes...2024
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• Yankees, Dodgers, Red Sox Top Forbes' Most Valuable MLB Teams
2016

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• LeBron James reacts to Liverpool winning Premier League title
LeBron James is still awaiting a chance to win a title in 2020 with the Los Angeles Lakers, but, for now, he can celebrate a different title as a part-owner. Liverpool FC—which James holds equity in via his partnership with Fenway Sports Management through LRMR Ventures—just ended their 30-year wait to win the Premier League […] The post LeBron James reacts to Liverpool winning Premier Leagu...2020
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• Theo Epstein appointed senior advisor of Fenway Sports Group
2024
• Epstein joining FSG as part owner, senior adviser

Theo Epstein, who as Red Sox general manager was the architect of two World Series championships, is returning to the organization as a minority owner and part-time senior adviser to its parent company, Fenway Sports Group....2024
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3400. Fenway Sports

• PGA Tour, Tiger Woods meeting with LIV Golf, Saudi PIF officials in New York, per report
2024

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• PGA Tour Policy Board members at odds over deal with LIV Golf, Saudi PIF

Photo by Tom Pennington/Getty Images PGA Tour Policy Board members appear to disagree on whether the tour should strike a deal with LIV Golf and the Saudi PIF. As time progresses, one thing remains certain: professional golf remains divided. The best players in the world are competing at two different events this week, as golf’s great schism continues to persevere. The distance between the...2024
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• PGA Tour breaks down $930 million equity splits to players via email
2024

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• PGA Tour $3 billion deal with American sports owners ‘imminent’ as Saudi LIV talks postponed
2023

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• The latest on changes in MLB’s RSN ecosystem

Photo by Michael Zagaris/Oakland Athletics/Getty Images The Pirates have taken part-ownership of a new Pittsburgh channel. As you know from previous articles on this topic, the landscape of baseball broadcasting is changing. Diamond Sports, which operates the Bally Sports Networks that carry a dozen or so MLB teams, has filed for bankruptcy and it appears likely that the Bally networks wil...2023
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• LPGA announces new event at TPC Boston featuring historic $3.5 million purse
2023

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• LeBron James explains why he wants to own NBA team in Las Vegas

LeBron James: future NBA owner of a Las Vegas franchise? He hopes so. LeBron James is entering season No. 21 in the NBA, and he’s understandably starting to think about life after basketball. James, who turns 39 years old in Dec., already has a ton of operating business interests, most notably with his production company SpringHill Entertainment. It’s widely known that James wants to play with hi...2023
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• Mets owner Steve Cohen purchases Tiger Woods, Rory McIlroy TGL League team

Steve Cohen, New York Mets, TGL | Photo by Jim McIsaac/Getty Images Steve Cohen, the billionaire owner of the New York Mets, has purchased a team in the new TGL league, which debuts in January 2024. New York Mets owner Steve Cohen is getting involved with golf. As the Mets’ miserable 2023 season comes to a close, Cohen is looking ahead to the winter. No, he is not looking towards Spring Tr...2023
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• An update on the continuing movement away from regional sports network baseball broadcasts
2023

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• Fixing The Mess
2023

Read about Pittsburgh Penguins

• PGA Tour, Tiger Woods meeting with LIV Golf, Saudi PIF officials in New York, per report
2024

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• PGA Tour Board to get shocking Rory McIlroy shakeup amid surprising resignation
2024

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• What Jon Rahm’s shocking LIV Golf move means for the future of golf, PGA Tour

Photo by GLYN KIRK/AFP via Getty Images Rahm is reportedly ditching the PGA Tour for a massive bag to play on the LIV Golf tour. We dive into what this means. Jon Rahm has reportedly touched down in New York City. He is going to meet with LIV Golf officials to finalize a deal to join the Saudi-backed golf circuit. This is truly astounding news that will assuredly shake up the landscape of ...2023
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• Rory McIlroy shockingly resigns from PGA Tour policy board amid Saudi PIF negotiations
2023

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• The Penguins Get Their Man
The Kyle Dubas Era in the ‘Burgh has officially begun. Seven weeks after Fenway Sports Group fired president of hockey operations Brian Burke and general manager Ron Hextall and less than a fortnight since Dubas was axed by Toronto, the FSG hired the ex-Leafs exec yesterday to replace Burke. In the short run Dubas will operate as his own GM, at least until after the Entry Draft and the start of fr...2023
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