Pittsburgh Penguins sale to Fenway Sports Group wins city-county and NHL approval

The board of the Sports and Exhibition Authority of Pittsburgh and Allegheny County approved the sale of the Pittsburgh Penguins to Boston-based Fenway Sports Group on Thursday. The NHL’s Board of Governors announced Thursday evening that they had unanimously approved the sale as well. Per the NHL, “The purchase remains subject to negotiation and execution of documentation before the transaction can be closed.”