Valuation snapshotSource: 2026 control sale (league-approved)
Latest estimated value
$1.75B
Estimated annual revenue
$230M (Forbes 2025, 2024-25 season)
Implied revenue multiple
7.6x (calc.)
YoY change
+16% (1-yr)
Most recent transaction
Control Sale
Implied valuation, last tx
$1.75B
Ownership
Controlling ownerHoffmann Family of Companies (Geoff Hoffmann, governor; FSG retains minority for a period)
Ownership stake—
Owner since2026
Acquisition price~$1.75B (2026)
Transaction history
2 on file| Date | Type | Buyer | Seller | Stake | Price | Implied Val | Mult. | Conf. |
|---|---|---|---|---|---|---|---|---|
| 2026-06-23 | Control Sale | Hoffmann Family of Companies (David Hoffmann; Geoff Hoffmann, governor) | Fenway Sports Group (retains minority for a period) | Controlling interest | ~$1.7–1.75B | $1.75B | — | High |
| 2021-12-31 | Control Sale | Fenway Sports Group | Mario Lemieux & Ron Burkle group | Controlling interest | $900M | $900M | — | High |
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Valuations and revenue estimates on this page are sourced from publicly available reporting and are presented for informational purposes only. SportsCapIQ is not affiliated with the Pittsburgh Penguins, the NHL, or any party referenced. See full methodology and disclaimer.