Fenway Sports Group, which bought controlling interest of the Pittsburgh Penguins in 2021 for $900 million, is taking the NHL franchise to market to explore selling a minority stake, multiple sources told ESPN's Emily Kaplan and Kevin Weekes on Monday.

Fenway Sports Group is looking to sell a minority share of the Pittsburgh Penguins, multiple media outlets reported Monday. The Boston-based conglomerate hasn't revealed how much of the Penguins it plans to sell,

The Pittsburgh Penguins' ownership group, Fenway Sports Group, is allegedly taking the team to market this week following reports of the group selling a minority stake.

Fenway Sports Group is taking the Pittsburgh Penguins to market this week to explore selling a minority ownership stake, multiple sources told me and Kevin Weekes. FSG expected to retain controlling interest.

Fenway Sports Group, which owns the Pittsburgh Penguins, is exploring potentially selling a minority share of the franchise according to a report from ESPN. Fenway would retain a controlling interest in the franchise in the event of any transaction.

Fenway Sports Group, which owns the Pittsburgh Penguins, is considering selling a minority stake in the team, according to a report Monday by ESPN’s Kevin Weekes and Emily Kaplan.

The team's ownership group has been at the helm for just 3 years after purchasing majority from Mario Lemieux.

FSG, which owns several other properties, including the Boston Red Sox and Liverpool FC, plans to maintain controlling interest of Penguins.