Red Sox Owners Reach Agreement to Buy Pittsburgh Penguins

Pittsburgh Penguins' Sidney Crosby (87) returns to the bench after scoring during the third period of an NHL hockey game against the Montreal Canadiens in Pittsburgh, Saturday, Nov. 27, 2021. (AP Photo/Gene J. Puskar)

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By Associated Press

November 29, 2021 at 10:47 AM EST

Updated on

November 29, 2021 at 5:09 PM EST

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Pittsburgh (AP) -- Mario Lemieux and Ron Burkle rescued the Pittsburgh Penguins out of bankruptcy more than 20 years ago, a decision that helped turn the team into one of the NHL's marquee franchises.

The Penguins' spot in Pittsburgh secure for years to come and with five Stanley Cup banners hanging from the rafters at PPG Paints Arena, Lemieux and Burkle are handing the keys over to the Fenway Sports Group.

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