Penguins officially no longer for sale

Put the piggy bank away. The Pittsburgh Penguins aren't for sale.

So says club CEO David Morehouse, who told KDKA Morning News on Thursday that owners Ron Burkle and Mario Lemieux are no longer looking to sell.

"We did look at a bunch of different things; one of them included the outright sale of the franchise. We're not looking at that right now," Morehouse disclosed. "We couldn't be luckier to have owners like this in Pittsburgh."

Back in June 2015, Burkle and Lemieux enlisted a wealth management firm to explore a potential sale of the team, with a reported asking price of $750 million.

Even before the team's recent Stanley Cup championship, however, there was no process in place to sell, and Morehouse's statement officially puts an end to that.