In the summary of the loan that the Penguins received as part of the Paycheck Protection Program, the large number stands out: $ 4,821,785.
This is how much the owner of the franchise, Lemieux Group MP, received in early August from the federal government in emergency relief. The group is, as reported by the New York Post on Sunday, the only North American major pro sports team to receive a dime.
The other 122 members of the group, depending on whether you are the LA Lakers’ everyday effort to enter the first round of action, all reckon said, “No, we’re fine.”
Why, and how, the Penguins are liquidated on PPP Island alone, someone advises. Can they need the money so badly? Did the PR red flags hoisted elsewhere get lost or ignored? Did they go up at all? Are they smarter and more complicated than the rest of the professional sports owners?
Can be some of those things. Can be anything. But if you …