List of Pittsburgh Penguins owners
Appearance
![](http://upload.wikimedia.org/wikipedia/commons/thumb/d/d7/Mario_Lemieux_2005.jpg/170px-Mario_Lemieux_2005.jpg)
This is a list of Pittsburgh Penguins owners. There have been 10 ownership groups for the Penguins franchise since the team's founding in 1967. The Penguins' current owner is Mario Lemieux, who purchased the Penguins in 1999 and brought the club out of bankruptcy. Lemieux Group LP also worked out a deal with the city of Pittsburgh in 2007 for a new multi-purpose arena, ensuring that the franchise remains in Pittsburgh.[1]
Ownerships
1 | Jack McGregor & Peter Block | June 1965 - March 1968 | |
2 | Donald Parsons | March 1968 - April 1971 | |
3 | Peter Block, Thayer Potter, Elmore Keener, & Peter Burchfield | April 1971 - June 1975 | |
4 | National Hockey League | June 1975 - July 1975 | |
5 | Al Savill, Otto Frenzel, & Wren Blair | July 1975 - Feb. 1976 | |
6 | Al Savill & Otto Frenzel | February 1976 - February 1977 | |
7 | Edward J. DeBartolo Sr. | February 1977 - November 1991 | |
8 | Howard Baldwin, Morris Belzberg, & Thomas Ruta | November 1991 - May 1997 | |
9 | Howard Baldwin, Moris Belzberg, Thomas Ruta, & Roger Marino | May 1997 - September 1999 | |
10 | Mario Lemieux & Ronald Burkle (Lemieux Group LP) with John Surma a minority "$2 million" share [1] | September 1999 - Present | |
11 | Debra Cafaro, a minority owner ($25 million investment)[2] | December 2016 - Present |