PITTSBURGH (NewsRadio 1020 KDKA) – Five months after Ron Burkle and Mario Lemieux put the Penguins up for sale, the team is starting their 50th season off the market.
“We did look at a bunch of different things; one of them included the outright sale of the franchise. We’re not looking at that right now,” Penguins CEO David Morehouse tells the “KDKA Morning News”. “We couldn’t be luckier to have owners like this in Pittsburgh.”READ MORE: School Bus Among 5 Vehicles Involved In McKeesport Crash
Reports said the franchise was priced around $700 million.READ MORE: Landslide Prompts South Side Slopes Road Closure
Listen to the KDKA Morning News with Larry Richert and John Shumway weekdays from 5 to 9 a.m. on NewsRadio 1020 KDKA.MORE NEWS: Child Tax Credit: How Much Will You Get Each Month?