0
What percentage of the Pittsburgh Penguins Does Mario Lemieux own?
Wiki User
∙ 9y ago
he is a co-owner.
Mario Lemieux and Ron Burkle are technically the main owners of the team based on day to day business and overall ownership decisions. There is also an additional investment group that does not make ownership decisions, but are merely investing in the team. I believe the minimum investment amount to get in the investment group when Lemieux took over the reins was an investment of 1 million or more. I don't believe any additional investers are currently being accepted.
Wiki User
∙ 13y ago
Wiki User
∙ 9y agoMario Lemieux owns the controlling share of the Pittsburgh Penguins as of September of 2014. This is 51 percent of the franchise.
Add your answer:
Earn +20 pts
Does a corporation owns the Pittsburgh penguins?
The Pittsburgh Penguins are owned by Mario Lemieux (who is an awesome player and owner) and Ronald Burkle. Ronald Burkle invested 20 million dollars in 1999 to help a group headed by Mario Lemieux save the franchise from bankruptcy.
In what year did Mario Lemieux buy the Pittsburgh Penguins?
When the Penguins declared bankruptcy in the late 1990s Lemieux was the their biggest creditor. The bankruptcy court awarded Lemieux primary ownership in exchange for $29 million of what the Penguins owed him, just prior to the 1999-2000 season.
What team won in the nhl in 1991?
The Pittsburgh Penguins won the 1991-1992 season.Lead by the great Mario Lemieux.
Who was captain of the Pittsburgh Penguins before Sidney Crosby?
Mario Lemieux. the for a year or two there was no captain just assistants. then Crosby
Does Mario Lemieux smoke?
Since everyone smoked in Montreal, Mario admits to smoking Marlboro lights when he first arrived in Pittsburgh. He stopped shortly after playing a few season for hte Penguins.
How did Mario Lemieux join the Pittsburgh penguins?
Lemieux was drafted 1st overall by the Penguins in the 1984 Entry Draft
When was Mario Lemieux named the captian of the Pittsburgh Penguins?
1987
Who is Mario lemieux co-owner of the Pittsburgh penguins with?
Ronald Burkle
Who won the Masterton Award in 1993?
In 1993: Mario Lemieux, Pittsburgh Penguins
Who played in the most games as a Pittsburgh Penguins?
Mario Lemieux with 915 games.
Who hold Pittsburgh penguins most goals?
Mario Lemieux with 690 goals scored.
Who owns the Pittsburgh Penguins?
The Pittsburgh Penguins are owned by Mario Lemieux (who is an awesome player and owner) and Ronald Burkle. Ronald Burkle invested 20 million dollars in 1999 to help a group headed by Mario Lemieux save the franchise from bankruptcy.
Does a corporation owns the Pittsburgh penguins?
The Pittsburgh Penguins are owned by Mario Lemieux (who is an awesome player and owner) and Ronald Burkle. Ronald Burkle invested 20 million dollars in 1999 to help a group headed by Mario Lemieux save the franchise from bankruptcy.
What draft pick was Mario Lemieux?
First pick overall in the 1984 Entry Draft by the Pittsburgh Penguins.
In what year did Mario Lemieux buy the Pittsburgh Penguins?
When the Penguins declared bankruptcy in the late 1990s Lemieux was the their biggest creditor. The bankruptcy court awarded Lemieux primary ownership in exchange for $29 million of what the Penguins owed him, just prior to the 1999-2000 season.
What team won in the nhl in 1991?
The Pittsburgh Penguins won the 1991-1992 season.Lead by the great Mario Lemieux.
What was Mario Lemieux famous for?
Mario Lemieux is a former professional hockey player from Canada, widely known as one of the best players of all time. He is the current chairman owner of the Pittsburgh Penguins.
