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

The deal between the Penguins and Fenway is estimated to be worth $900 million. Fenway and the Penguins announced a preliminary agreement on Nov. 29, though the sale still requires final approval from the National Hockey League. 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.