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."

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,

Fenway Sports Group - who's had controlling interest in the Penguins since 2021 - is still expected to retain majority share

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 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 purchased the Boston Red Sox from the Yawkey Trust in 2002, and since then they've won four World Series titles and have added many more sporting ventures to their portfolio. However, it looks like they may be looking to sell part of one.

The Penguins had a hot streak not long ago, but now look like one of the most miserable teams in the NHL. A 2-1 loss to the San Jose Sharks has pushed them to a 20-24-8 record and

The Fenway Sports Group is looking to sell part of the team while retaining controlling ownership, according to an ESPN report.