Cooper Still Coaches While Franchise Value Decays

    By Jim Bleyer Would you reward an employee whose ineptitude cost you well over $100 million? Of course you wouldn’t but that’s precisely what Tampa Bay Lightning owner Jeff Vinik did when he extended coach Jon Cooper’s contract last March. Cooper’s contract with the Lightning was set to …

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2018-19 Tampa Bay Lightning Immortalized

    By Jim Bleyer Former hedge fund manager turned sports franchise owner Jeff Vinik continues to ply his trade in stocks: laughing ones. Vinik’s Tampa Bay Lightning, overwhelming 9-5 favorites at the outset of the recently-concluded National Hockey League playoffs, continue to be the butt of standup jokes and …

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$300 Million+ Class Action Suit Filed against Beleaguered Vinik

    By Jim Bleyer A class action lawsuit has been filed against Tampa Bay Sports and Entertainment that could conservatively could cost the Jeff Vinik-led company $300 million. The legal action alleges TBSE, owner of the National Hockey League’s Tampa Bay Lightning, violated the Telephone Consumer Protection Act. Litigation …

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Jeff Vinik Owns Tampa Bay Times—in Case You Hadn’t Noticed

    By Jim Bleyer   Jeff Vinik, through Tampa Bay Sports and Entertainment LLC, owns the major interest in the Tampa Bay Times, according to corporate records obtained by Tampa Bay Beat from Bloomberg, the world’s primary distributor of financial data. It accounts for the Times’ sheer, unfettered promotion …

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The Definition of Insanity: Vinik and BriseBois

      By Jim Bleyer Tampa Bay Lightning owner Jeff Vinik doubled down on retaining Jon Cooper, his underachieving head coach. The former hedge fund manager and would-be developer supported Cooper in the wake of the most historic collapse in the history of North American professional sports.  The Lightning, …

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Did Vinik Veto Yzerman’s Plan to Ditch Cooper?

    By Jim Bleyer The sudden departure of Tampa Bay Lightning’s General Manager Steve Yzerman only three weeks before the National Hockey League’s 2018-19 season was the subject of much speculation with no definitive answer. At the time, observers focused on possible Yzerman health problems or his wearying of …

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