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With arena in works, Lemieux no longer plans to sell

Updated: March 16, 2007, 1:21 AM ET
Associated Press

PITTSBURGH -- With a new arena deal finally in place, Mario Lemieux and his partners no longer plan to sell the Pittsburgh Penguins.

The former Penguins star and Hall of Famer bought the Penguins with a group of investors in federal bankruptcy court in 1999.

They first put the team up for sale in 2005, but a proposed buyout by venture capitalist William "Boots" Del Biaggio -- a friend of Lemieux's -- fell through.

Three months ago, Lemieux and partner Ron Burkle ...

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