Fenway sports group bought the NHL penguins jerseys for $875 million and set its sights on the NBA team.

On November 29, according to Pierre Lebrun, the athletic reporter, Fenway sports group has agreed to buy the controlling stake of NHL Pittsburgh Penguins, and the transaction price is close to $900 million. Subsequent transactions also need to be approved by NHL alliance. Fenway group and NHL alliance will hold talks on this transaction in December. FOS believes that the acquisition of Pittsburgh Penguins is a very important (Sports) asset supplement for Fenway group in recent 10 years.

According to FOS, in 1999, billionaire Ron Burke, the current owner of the NHL Pittsburgh Penguins, and Mario Lemieux, the legend of the NHL Pittsburgh Penguins, bought the NHL Pittsburgh Penguins for $107 million. After the transaction is completed, the two will retain a minority stake in the club, and Lamu will continue to manage the team.

In addition to the recently acquired NHL Pittsburgh Penguins, Fenway group’s sports assets include the MLB Boston Red Sox, the Premier League Liverpool Football Club, the Roush Fenway keselowski racing team of NASCAR, the American racing competition known as “American F1”, and the New England Sports Network, a nhl sports jerseys onlinenews website.

In March this year, REDBIRD Capital Partners invested $750 million in Fenway at a valuation of $7.35 billion, and LeBron James and his partner Carter also took a stake in Fenway group in the same month. According to previous reports in the Boston Globe, this investment will help FSG start the possibility of acquiring more teams. On FSG’s shopping wish list, there are NFL and NBA teams, another European football club, NHL, MLS and WNBA teams, as well as sports gambling, E-sports and data analysis companies.

NBC sports reporter Axios reported last week that Fenway group is still interested in buying an NBA team after completing the acquisition of NHL Pittsburgh Penguins, and is still looking for targets. Axios believes that Fenway sports creates a new business model by acquiring equity in large-scale sports events in different regional markets. At the same time, this may mean that James, as one of Fenway’s sports partners, will continue to expand his business territory and complete his “small goal” of becoming the owner of the NBA team as soon as possible.