Penguins Sold to Hoffmann Family, Lemieux May Return
Key Questions
Who purchased the Pittsburgh Penguins?
The Hoffmann Family has acquired the team for approximately $1.7 billion.
Has the NHL approved the sale?
Yes, the league has officially approved the transaction and the new ownership group.
What plans do the new owners have for the franchise?
They emphasize long-term commitment to Pittsburgh, including arena upgrades, and Mario Lemieux may return to the organization.
Penguins officially sold to Hoffmann Family for ~$1.7B, approved by NHL. Emphasis on long-term commitment to Pittsburgh, arena upgrades planned, and Mario Lemieux potentially returning to the organization.
Sources (2)
Updated Jun 26, 2026