Peter Block (ice hockey)

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Peter Block (1933 - December 13, 2015) was a co-founder and former-owner of the National Hockey League's Pittsburgh Penguins. He was a part of the team's ownership for just one season, selling in his share in 1968. Block rejoined the ownership group in 1971, though, and kept his stake until the team went bankrupt in 1975. He relocated to California in the mid-1980s to start a business venture and died on December 13, 2015, at his home in Santa Monica from cancer.[1]

Pittsburgh Penguins

Block and

Richard Scaife, and made their successful proposal to the NHL. Pittsburgh was awarded a franchise and McGregor and Block each owned a 12.5 percent share of the team.[3] According to McGregor, Block initially laughed to him for McGregor's wife, Carol, coming up with the name "Penguins". Block argued against the name and favored naming the club the Hornets, from Pittsburgh's long-time and successful affiliate in the American Hockey League.[2]

Block, and several other Penguins' investors, also purchased a second professional franchise in 1967, the Pittsburgh Phantoms, a soccer team in the non-FIFA sanctioned National Professional Soccer League. The club played for just one season folded before the 1968 NASL season due to poor attendance, drawing only an average of 3,122. The Phantoms' financial losses also tapped out Block and many of the Penguins' investors.[3]

Aside from his ownership duties, Block was also the team's vice president and chief operating officer during the season.

inaugural season, Block relinquished his share in the team. However he rejoined the ownership group in 1971. During his ownership tenure, Block would bring his stepchildren to the team Christmas party, and his wife, Ida, even gave guitar lessons to former Penguins winger Bob "Battleship" Kelly.[1]

At the end of the Penguins'

Pittsburgh Civic Arena and placed a tax lien against the Penguins. Meanwhile Equibank, the Penguins' largest creditor, had filed a $5 million suit against the club. Penguins were eventually sold for a mere $3.8 million to a group that included Wren Blair, ending Block's stake in the team. When the Penguins declared bankruptcy again in the late 1990s, Block expressed hope that the Pens would be rescued stating "It's very, very scary to see this happening to the Penguins again, after all, it was my idea and I want to see it succeed forever".[5]

Personal

Block was survived by his wife, Donna, and their daughter, Jennifer. He was also survived by his ex-wife Ida and three stepchildren.[1]

References

  1. ^ a b c Werner, Sam (2015-12-15). "Obituary: Peter Block / Co-founder of the Pittsburgh Penguins". Pittsburgh Post-Gazette. Retrieved 2016-07-13.
  2. ^ a b Bombulie, Jonathan (2015-12-17). "Penguins founder Block dies at 82". Pittsburgh Tribune-Review. Retrieved 2016-07-13.
  3. ^ a b "Pittsburgh Penguins are Hatched". Pittsburgh Hockey Net. Retrieved 2016-07-13.
  4. ^ Williams, Frank (2015-12-16). "Penguins Founder Block Dies". WESB. Retrieved 2016-07-13.
  5. ^ Grove, Bob (1998-11-01). "Behind the Net Penguin's Bankruptcy Revisited". Pittsburgh Sports Report. Retrieved 2016-07-13.