Tampa Bay Lightning Chairman on Path to Profitability

Jeff Vinik discusses the financial progress of the Tampa Bay Lightning, highlighting their journey to break-even status and their success in the Sunbelt region. He attributes this success to hiring top talent and not interfering with their work. The conversation shifts to the debate over NHL players participating in the Olympics, with concerns about insurance and financial implications. Vinik also addresses the NHL's expansion into Las Vegas, expressing confidence in its success and dismissing concerns about gambling affecting the game.

What were the three main objectives Jeff Vinik had for the Tampa Bay Lightning?

• To reduce player salaries, increase merchandise sales, and improve marketing

• To relocate the team, hire new players, and build a new arena

• To be a top hockey team, impact the community, and achieve financial stability

• To win the Stanley Cup, increase ticket sales, and expand the stadium

What approach did Jeff Vinik take to ensure the success of the Tampa Bay Lightning?

• He hired top talent and allowed them to work independently

• He relocated the team to a different city

• He micromanaged every aspect of the team

• He focused solely on marketing and promotions

What is a major concern for NHL owners regarding player participation in the Olympics?

• The high cost of travel

• The lack of media coverage

• The potential for players to be injured

• The possibility of losing players to other leagues

How does Jeff Vinik view the competitive nature of hockey compared to other sports?

• Hockey has a few dominant teams that always win

• Hockey is highly competitive with many teams having a chance to win

• Hockey is less competitive than other sports

• Hockey is only competitive during the playoffs

What is Jeff Vinik's perspective on the NHL's expansion into Las Vegas?

• He believes it will negatively impact the league

• He is concerned about gambling affecting the game

• He feels it will lead to more teams relocating

• He thinks it will be a successful market with strong fan support