The Stanley Cup champion Pittsburgh Penguins have put up their championship banner and taken down the for-sale sign.
Team president and CEO David Morehouse, commenting publicly for the first time about attempts to sell the franchise, said Thursday on KDKA-AM radio in Pittsburgh that the team is no longer for sale.
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”We did look at a bunch of different things," Morehouse said (via the Pittsburgh Post-Gazette), "one of them included the outright sale of the franchise. We’re not looking at that right now.”
Team co-owners Mario Lemieux and Ron Burkle hired Morgan Stanley in June 2015 to help with a possible sale of the team.
It's unclear whether offers didn't materialize, if ones that did were too low or Lemieux and Burkle merely rethought their plan following last season after the team won its fourth Stanley Cup title.
“We’re real happy to have Ron Burkle and Mario as owners,” Morehouse said. “I couldn’t ask for a better ownership team to run our team with and win a championship with.”
The team declined further comment, according to the Post-Gazette.
The Penguins opened their season Thursday, beating the rival Capitals 3-2 in a shootout. Before the opening faceoff, the Pens raised their championship banner at PPG Paints Arena.
