Connect with us

Pirates

Pirates Owner Bob Nutting Sells Seven Springs, Other Ski Resorts

Published

on

Pirates Prospects

Goodbye, ski lift jokes.

Pirates owner Bob Nutting has sold his interest in three Laurel Highlands ski resorts, it was announced on Wednesday. Seven Springs Mountain Resort, Inc., which includes Seven Springs, Hidden Valley and Laurel Mountain Ski Area, has been sold to Vail Resorts, Inc. The deal will be finalized this winter. The Nutting family ownership was in place for over 15 years.

“We look forward to remaining actively committed to and engaged in the greater Laurel Highlands community,” Nutting said in a statement. “Vail Resorts is a perfect successor with a proven track record of honoring the unique character of each of its resorts.”

Vail Resorts currently subsidiaries operate 37 mountain resorts and regional ski areas across the United States and also have operations in Canada and Australia. The total purchase is valued at approximately $125 million and also includes a hotel, a conference center and other related operations in addition to the trio of ski resorts.

This winter season will be conducted under normal operations, with Vali Resorts fully taking over control for the 2022-23 season. Two golf courses, a shooting range and other associated properties will be retained by the Nutting family.

Welcome to your new home for Pittsburgh Pirates breaking news, analysis and opinion. Like us on Facebook, and follow us on Twitter.
Click to comment
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

PBN Podcast

PBN in your Inbox

Enter your email address to get all of our posts sent directly to your inbox.

PBN on Facebook

Copyright © 2021 Pittsburgh Baseball Network and Pittsburgh Sports Now. All rights reserved. In no way endorsed by the Pittsburgh Pirates or Major League Baseball.

Be the first to know...

Sign up and get all of our articles sent straight to your inbox.

Thank you for subscribing.

Something went wrong.