Penguins to focus on deal with casino
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Penguins owner Mario Lemieux called a deal to sell the team to a Canadian billionaire "unequivocally" dead and said Monday he is trying to reach a deal with a casino that promises to build an arena for the financially struggling club.
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Casino operator Penn National Gaming Inc. is buying Argosy Gaming Co. in a stock purchase deal worth about $2.2 billion, including about $805 million in long-term debt, the companies said Wednesday.
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The Penguins reached a deal with city, county and state officials on financing for a new arena that will keep them in Pittsburgh, Gov. Ed Rendell said Tuesday.
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PITTSBURGH -- Pittsburgh Penguins co-owner Mario Lemieux will get $21 million as part of the team's settlement of its 1998 bankruptcy.
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The Penguins move a step closer to leaving Pittsburgh, declaring an impasse in their negotiations for a new arena and saying they will actively pursue relocation.
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Hockey Sidney Crosby has a new contract before his 20th birthday and his eye on the Stanley Cup for the Pittsburgh Penguins. The NHL MVP and scoring champion yesterday signed a five-year extension through the 2012-13 season worth $43.5 million. The deal leaves room for the team to re-sign other young stars, such as Evgeni Malkin and Jordan Staal , ...
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Any hope of saving the NHL season hinges on whether the next proposal by the players' association stirs serious negotiating.
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The boards are going up, the ice is going down and everything is back on schedule for the N.H.L.âs outdoor game between the Buffalo Sabres and the Pittsburgh Penguins.
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SACRAMENTO  Five new Indian gambling agreements expected to be released Wednesday each promise the state up to 25 percent of gaming revenues, although little of the money will be seen for several years.
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PITTSBURGH -- Canadian business executive Jim Balsillie, whose company makes the BlackBerry wireless messaging device, signed an agreement to buy the Pittsburgh Penguins.
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Penguins will stay in Pittsburgh Pittsburgh hockey fans should be able to watch phenoms Sidney Crosby and Evgeni Malkin perform for many more years if a television station's report is accurate. KDKA-TV, citing unidentified sources, reported last night that the Penguins have reached a deal with city, county, and state officials on financing for a new arena. The ...
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The Pittsburgh Penguins aren't saying where Russian star Evgeni Malkin is, or when they expect to see him. What they do know is he isn't in Russia and, as far as they are concerned, that's very good news.
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Eventually, they&#39;ll play hockey again. Maybe the owners will get their way and institute a salary cap. Maybe the players will get their way and a luxury tax will be imposed.
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The Pittsburgh Penguins signed forward   Evgeni Malkin to his first National Hockey League contract on   Tuesday, giving the prized rookie a three-year deal worth at   least $3 million.
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NEW YORK -- National Hockey League owners will meet at a Times Square hotel today as the league counts down the final hours toward a work stoppage that has been predicted for more than a year.
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The Buffalo Sabres will host the Pittsburgh Penguins at Ralph Wilson Stadium on January 1 as the NHL returns to its outdoor roots, the league announced on Monday.
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Sidney Crosby scores the deciding goal in the shootout as the Penguins celebrate the announcement that they're staying in Pittsburghwith a 5-4 victory over the Buffalo Sabres.