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PITTSBURGH — The billionaire behind the sports group in advanced negotiations to purchase the Pittsburgh Penguins has been described as a “shy quant” who uses “dispassionate analysis,” stripping ego and emotions out of the decision-making process to turn the teams he owns into cash cows and champions, according to our news partners at the Tribune Review.
John Henry, whose entry in the sports world started as owner of a team in the Senior Professional Baseball Association in 1989, now counts Fenway Park, New England Sports Network, the Boston Red Sox, Liverpool FC, a NASCAR team and The Boston Globe newspaper among his group’s holdings.
>>>DETAILS: Group that owns Boston Red Sox nearing deal to buy Pittsburgh Penguins
The next venture is the NHL, where Forbes valued the five-time Stanley Cup champion Penguins at $650 million in December 2020.
That ranked 11th among NHL franchises, though Henry has a history of infusing upgrades and turning profits.
You can read more about this story, here.
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