Sabres Sold? Terry Pegula Reportedly Signs LOI to Acquire Sabres from Tom Golisano

What does it mean for the "Sabres," you ask? It means they are going to be renamed the Buffalo Frackers.

The good news is this guy has some real dough, like 2-3 times Golisano, lets just hope he has a little more fire in his belly to WIN also. And lets get some hockey people in here to run the business.

Please let this be the end of Larry Quinn!

maybe we will finally put a halfway decent team on the ice...cuz the current iteration sucks badly. We3 always have a small skilled team that come playoof time, gets knocked around like a junior team versus the larger stronger teams. The organization is not very good overall. Regier must have pics of someone's wife because he is known as the worst GM in pro sports.

In fairness to Golisano we were at the salary cap in 2006, which is the same as having the highest payroll in the league, and not suprisingly that might have been the best team in franchise history. Ironically it was one of the few years that the team made a profit. Making it to the third round will do that for you. The shame was that they had no idea how to recognize what they had early enough to make the right moves because they have no hockey people in the business department. Regier has made some good moves but I can't help but think he has Quinn in his ear which renders him powerless. Losing a top prospect like Campbell is just unacceptable. He was our pick, our prospect and we developed him. Bring on a new owner and some hockey minds that will give Lindy some players that we can respect.

Could Golisano be getting money together to be part of Bills ownership group?

Hopefully Terry Pegula will surround himself with NHL know-how. I hope this means the end of Larry Quinn as "managing partner" The team has deteriorated since 2006 and appears to be continuing to deteriorate this season under Larry Quinn's incompetant "leadership"

The Balisillie thing has been pretty much quashed for a while. Bettman won't allow it. And as far as the letter of intent, isn't that pretty meaningless? Anyone can make an offer.

I love this.

Maybe, just maybe, the misfortune Buffalonians have endured for the last half century is changing before our eyes.

And, Im not just talking about sports. More things happening here now then the preveious 20 years combined.

Go Buffalo!

In an interview wiht the New York Post, Tom Golisano was quoted as saying that it made economic sense to leave NY. He said that the taxes were too high to continue to live in NY and to continue to do business in NY. The current speculation is that he may move Paychex out of Rochester in the future, and this was the reason that Jonathan Judge stepped down as CEO of that company earlier this year. He also made comments about selling the Sabres and his other interests in NY as payback for his failed run at the Governor's office and the Millionaire's tax that went into effect under Patterson. The sale of the Sabres shouldn't be a surprise. I only hope he decides to keep Paychex in NY.

This guy may also be the only shot the Bills have of keeping the team in Buffalo when Ralph passes. I hear he would ultimately love to own a football team, and he would be the perfect majority investor for the Bills.

just the facts...done deal with announcement at NHL Governors mtg in December.
http://www.thehockeynews.com/articles/36744-THNcom-Blog-Explaining-the-potential-Sabres-sale.html

@RealDeal...I spit out my drink laughing...