Pittsburgh Penguins Team Formation
The effort was successful, and on February 8, 1966, the National Hockey League awarded an expansion team to Pittsburgh for the 1967 - 1968 season. The Penguins paid $2.5 million ($17.5 million today) for their entry and $750,000 ($5.3 million today) more for start-up costs. The Civic Arena's capacity was then boosted from 10,732 to 12,500 to meet the NHL requirements for expansion. The Pens also paid an indemnification bill to settle with the Detroit Red Wings, who held the rights to the Pittsburgh Hornets. The investor group named McGregor president and chief executive officer, and he represented Pittsburgh on the NHL's Board of Governors.
Mario Lemieux Drafted
At this point, Lemieux stepped in with an unusual proposal to buy the team out of bankruptcy. By this time, the Penguins owed him $32.5 million in deferred salary, making him the team's largest creditor. He proposed to convert enough of this money into equity to give him controlling interest. He also promised to keep the team in Pittsburgh. The league and the court agreed, and Lemieux, with help from supermarket tycoon Ronald Burkle, assumed control on September 3, 1999 thus saving the franchise for the second time.
Drafting Sidney Crosby
Crosby made his NHL debut on October 5, 2005 against the New Jersey Devils, and registered an assist on the team's first goal of the season, scored by Mark Recchi in a 5–1 loss. He scored his first NHL goal in the Penguins' home opener on October 8 against goaltender Hannu Toivonen of the Boston Bruins. Despite also having registered two assists for a three-point night, the Penguins were defeated 7–6 in overtime. Crosby began his rookie season playing alongside Hall of Famer Mario Lemieux. Unfortunately, Lemieux was forced to retire due to an irregular heartbeat after having played just 26 games of the season.
Consol Energy Center Opens
Stanley Cup Winners - 4 Stanley Cup Wins
The 2016 Stanley Cup Finals was the championship series of the National Hockey League (NHL)'s 2015–16 season, and the culmination of the 2016 Stanley Cup playoffs. This was the 123rd year of the Stanley Cup's presentation. The Eastern Conference champion Pittsburgh Penguins defeated the Western Conference champion San Jose Sharks four games to two to win their fourth championship in franchise history (all of them on the road). The Penguins had home ice advantage in the series, being the club with the better regular season record. The series began on May 30, 2016 and concluded on June 12, 2016. This was the first Stanley Cup Final since 2007 to feature a team making their first appearance in the Finals in their club history.
Stanley Cup - 2009
The 2009 Stanley Cup Final was the best-of-seven NHL championship series of the 2009 Stanley Cup playoffs contested between the Eastern Conference champion Pittsburgh Penguins and the Western Conference champion Detroit Red Wings. It was Detroit's 24th appearance in the Finals and Pittsburgh's fourth appearance in the Finals. This was a rematch of the 2008 Finals where Detroit had defeated Pittsburgh in six games. This time Pittsburgh defeated Detroit four games to three to win their third Stanley Cup in franchise history. Pittsburgh's Evgeni Malkin would win the Conn Smythe Trophy as the Most Valuable Player of the 2009 playoffs, becoming the first Russian-born player to win the trophy.
Stanley Cup - 1992
The 1992 Stanley Cup playoffs, the championship of the National Hockey League (NHL) began on April 18, after the conclusion of the 1991 - 1992 NHL season. It was the 100th anniversary of the first awarding of the Stanley Cup, and it was won by the Pittsburgh Penguins, defeating the Chicago Blackhawks.
Stanley Cup - 1991
The 1991 Stanley Cup Playoffs for the National Hockey League (NHL) championship began on April 3, 1991 following the 1990 - 1991 regular season. The sixteen teams that qualified, from the top four teams of the four divisions, played best-of-seven series with re-seeding after the division finals. The Conference Champions played a best-of-seven series for the Stanley Cup.
|Penguins Primary Logo History||Penguins Alternate Logo History||No Wordmark Logo History|
|Team Information||Team History|
PPG Paints Arena
2016 - present
1967 - 2010
Stanley Cups: 4
|*Red is this team's history|