PITTSBURGH (KDKA) -- Fenway Sports Group is exploring selling off a minority stake of their ownership in the Pittsburgh Penguins, according to a report from ESPN. ESPN, citing sources, says that Fenway Sports Group is taking the organization to market this week to "explore selling a minority stake."

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Fenway Sports Group's move to add investors to the Penguins isn't uncommon, but it is complicated. Here's what it all means.

Fenway Sports Group, which owns the Pittsburgh Penguins ... FSG also owns the Boston Red Sox, soccer club Liverpool and NASCAR’s RFK Racing, among other entities. In 2023, FSG sold a minority ...

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