 |
|
 |
 |

Home > Company Index > Leisure > Professional Sports Teams & Organizations > Pittsburgh Penguins
 |
Pittsburgh Penguins |
 |
 |
 |
NEWS FROM THE STANDARD |
 |
Net Moguls Snap Up Sports Teams
May 19 1999 12:00 AM PDT
PROFILE |
 |
The Pittsburgh Penguins were skating on thin ice, but legendary forward Mario Lemieux, who led the club to Stanley Cup championships in 1991 and 1992, pulled the franchise out of bankruptcy in 1999 by rolling over some $25 million owed to him into an ownership bid for the team. Now in charge, Lemieux (who had retired in 1997) is helping reshaping the team into a contender and a moneymaker. Lemieux came out of retirement in 2000 to assist the team on the ice, helping them to a playoff appearance. In 2001 the team traded Lemieux's former linemate Jaromir Jagr to the Washington Capitals. Founded in 1967, the team plays in the NHL's oldest facility, Mellon Arena, better known as "The Igloo."
COMPETITION |
 |
New Jersey Devils (dossier)
New York Rangers (dossier)
Philadelphia Flyers L.P. (dossier)
|
 |
FINANCIAL OVERVIEW |
 |
Fiscal Year-End: June
2000 Sales (mil.): 57.50
1-Yr. Sales Growth: 38.6%
Employees: 90
Revenue per employee: $638,888.89
KEY PEOPLE |
 |
Mario Lemieux
CEO
Ken Sawyer
CFO
CONTACT INFO |
 |
One Chatham Center, Ste. 400
Pittsburgh, PA 15219
US
Phone: 412-642-1300
Fax: 412-642-1859
Online: Web Site
|
 |
 |
 |
|
Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
|

|
 |
 |
|
 |