Report: Fenway Sports Group looking to sell Pittsburgh Penguins' stake

That didn't take long; the Pittsburgh Penguins are once again for sale.

According to ESPN's Emily Kaplan and Kevin Weekes, the Fenway Sports Group is looking to sell their minority stake of the Penguins, just four years after their purchase. FSG will be putting their stake on the market this week, according to the report, and do have hopes of maintaining a controlling interest of the team.

Mario Lemieux and Ron Burkle had owned the team leading up to 2021, and sold to FSG for $900 million. Burke and Mario rescued the team from bankruptcy, so the Penguins have certainly come a long way since, despite not meeting expectations on the ice this season.

As per the report: 

Fenway Sports Group also owns the Boston Red Sox and Premier League side Liverpool, among other properties. The group is helmed by principal owner John Henry and Tom Werner, who controls the second-largest block of shares.

FSG bought the Red Sox in 2002, and the MLB squad ended an 86-year championship drought two years later before winning it all again in 2007, 2013, and 2018. It purchased Liverpool in 2010, and the football club won the UEFA Champions League in 2018-19 before claiming the Premier League title in the next campaign.

The Penguins are a bit of a mess this season, with the sale coming out of nowhere. President/GM Kyle Dubas doesn't expect to have any interest in moving the franchise's legends, but expect some type of movement to their roster before the March 7 trade deadline, specifically by trying to get out of Erik Karlsson's contract. 

Sidney Crosby, on the other hand, isn't going anywhere.

Photo credit: Charles LeClaire-Imagn Images