Fenway Sports Group is exploring selling off a minority stake of their ownership in the Pittsburgh Penguins, according to a report from ESPN. ESPN, citing sources, says that Fenway Sports Group is taking the organization to market this week to "explore selling a minority stake.

Fenway Sports Group purchased the Boston Red Sox from the Yawkey Trust in 2002, and since then they've won four World Series titles and have added many more sporting ventures to their portfolio. However, it looks like they may be looking to sell part of one.

The Penguins had a hot streak not long ago, but now look like one of the most miserable teams in the NHL. A 2-1 loss to the San Jose Sharks has pushed them to a 20-24-8 record and

Fenway Sports Group is taking the Pittsburgh Penguins to market this week to explore selling a minority ownership stake, multiple sources told me and Kevin Weekes. FSG expected to retain controlling interest.

Josh Yohe of The Athletic is reporting that the owner of the Pittsburgh Penguins is looking to add to their ownership group.

The Fenway Sports Group is looking to sell part of the team while retaining controlling ownership, according to an ESPN report.

Fenway Sports Group, which bought controlling interest of the Pittsburgh Penguins in 2021 for $900 million, is taking the NHL franchise to market to explore selling a minority stake, multiple sources told ESPN's Emily Kaplan and Kevin Weekes on Monday.