NHL Commissioner Gary Bettman has confirmed that the sale of the Pittsburgh Penguins to the Hoffman family is on track to close before the start of the NHL Draft, per Elliotte Friedman of Sportsnet.
Speaking on the status of the franchise's ownership transition, Bettman indicated that the process is nearing its conclusion. The news comes as the league converges for the draft, providing a definitive timeline for the Pittsburgh Penguins to move forward under new leadership. The Hoffman family emerged as the primary suitors for the franchise earlier this year, and the transition is expected to be completed in the coming days.
The closing of the deal before the draft allows the new ownership group to be officially in place as the team makes critical roster and personnel decisions. While the specific financial terms of the agreement remain undisclosed, the transition marks a significant new chapter for the Pittsburgh Penguins organization. League officials have been working through the final stages of the vetting process to ensure all requirements are met for the handover.
This is a developing story. Check back for updates.
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