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For Sabre fans: Pegula to purchase Sabres


richNjoisy

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Here are two good recent articles about the Sabres. Seems like with the sale of the team taking place, a lot of stuff is starting surface: http://www.buffalonews.com/sports/sabres-nhl/article330374.ece

 

http://www.buffalonews.com/sports/columns/bucky-gleason/article330388.ece

 

"It was Regier, I'm told, who in the days after Chris Drury left town after the Sabres reneged on a verbal agreement, and Daniel Briere was kicked to the curb even though he wasn't asking for a raise, worried most about people viewing him as a dishonest man."

 

It baffles me that Sabres fans boo Drury & Briere whenever they come back to play at the HSBC arena, especially when they wanted to stay in Buffalo and were shown the door by Regier & Co.

 

I don't blame Ruff for turning down a contract extension this past year when Sabres management keeps letting good quality players go and expects him to work miracles by recycling new players.

Edited by mike oxhurtz
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Cuban shouldn't be compared to those two, he's a much better owner. Pegula reminds me of Cuban and I hope he spends just like him. Dallas has one of the best teams in the NBA every year.

 

I'm always confused when people say that Pegula reminds them of so and so. He hasn't said a single word publicly about this team yet, how can we be drawing these conclusions? Maybe he will end up being that type of owner, but we know nothing yet. People are only seeing what they want to see. People were absolutely glowing over Golisano when he took over too. Granted, the team was coming out of bankruptcy and any purchase was going to be welcomed with open arms, but the opinion on him sure as hell has changed, hasn't it?

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From what I have read this is the type of guy you want owning your team. Has the money, wants to win - the only ones who screw this up are the guys who think they know the sport like Snyder or Jones in the NFL or Cuban in the NBA as examples. As a Sabres fan it what we have been waiting for. What I don't get is the call to get rid of Ruff- there is a reason the Canadian Olympic team put him on the staff and it's not because he's a bad coach.

 

 

Generally, I agree. One COULD ask why he has not taken them to a Cup in his tenure however. The obvious reply is, "how often has he been given the weapons"?

 

So, I would like to see him be given a chance to lead a team with a very good squad (at least 2 or 3 major stars), along with decent defensemen.

 

Here's hoping......

 

I'm always confused when people say that Pegula reminds them of so and so. He hasn't said a single word publicly about this team yet, how can we be drawing these conclusions? Maybe he will end up being that type of owner, but we know nothing yet. People are only seeing what they want to see. People were absolutely glowing over Golisano when he took over too. Granted, the team was coming out of bankruptcy and any purchase was going to be welcomed with open arms, but the opinion on him sure as hell has changed, hasn't it?

 

 

Actually, I think he HAS spoken about the team - how it has been managed in particular. Most of those quotes, I believe, came out in early December when the rumors first floated about him possibly purchasing the team. I don't think Golisano ever made comments about spending money to win a Cup (and in the case of Pegula I KNOW he said "Cups"). Golisano spoke mostly about his determination to keep the team in Buffalo which was met with well to say the least!!

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Actually, I think he HAS spoken about the team - how it has been managed in particular. Most of those quotes, I believe, came out in early December when the rumors first floated about him possibly purchasing the team. I don't think Golisano ever made comments about spending money to win a Cup (and in the case of Pegula I KNOW he said "Cups"). Golisano spoke mostly about his determination to keep the team in Buffalo which was met with well to say the least!!

 

Were there ever actually any direct quotes or just a paraphrasing of a conversation that was reported to have happened? I don't remember ever actually seeing anything.

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Were there ever actually any direct quotes or just a paraphrasing of a conversation that was reported to have happened? I don't remember ever actually seeing anything.

 

 

I can only find the paraphrases as of this afternoon so maybe that was all I ever saw.

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I can only find the paraphrases as of this afternoon so maybe that was all I ever saw.

 

It seems like every story mentions how he's been keeping quiet about this whole thing right from the start. It really makes you wonder about whether or not that conversation ever really happened.

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http://www.wgr550.com/sabrespace/9122264

 

'Golisano revealed a surprise during his opening statement that a prospective buyer offered the Sabres $70 million more than Terry Pegula's purchase price of $175 million and $14 million in liabilities. However, the team turned down the offer as the buyer demanded that the team would be allowed to move away from Buffalo.'

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I'm looking forward to this.

 

My opinion of Golisano is not so rosy lately.

 

Everyone keeps harping on the 'thank you for keeping the Sabres in Buffalo rant', but 1.) let's be honest- Golisano is a businessman who no longer even lives in the over-taxed, Nanny State that is NY. He is a BUSINESSMAN first. I don't buy the bleeding heart routine. He did not buy the Sabres for charity's sake. He, after seeing the housing bubble burst and how his tenure has gone- is similar IMO to the slime that helped create the housing crises by buying more than they can afford with the hopes of flipping for a profit.

 

2.) Bettman repeatedly stated during the time that the Sabres would not be leaving Buffalo during bankruptcy. I think that it has less to do with Golisano and more to do with the NHL and Bettman as underwriters that kept the Sabres in Buffalo.

 

That being said, we can then look at the Drury, Campbell, and Briere fiasco's and IMO were nothing more than penny pinching. So much lip service from Darcy over "keeping your core", and for the past 3 seasons we have been lamenting and trying to replace all 3 of them to no avail w/bargain basement clones.

 

I think that in the beginning, Golisano ok'd the "home improvement", paid for the renovations of the kitchen and bathrooms (because these increase the value of the franchise) to increase the curb appeal of the club to prospective buyers. In hockey terms: Golisano and Quinn gave Regier the ok to get Drury and Briere, but then proceeded to not pay for performance when the bill came due.

 

Once the curb appeal improved and the value increased, he stopped investing in the club.

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http://www.wgr550.com/sabrespace/9122264

 

'Golisano revealed a surprise during his opening statement that a prospective buyer offered the Sabres $70 million more than Terry Pegula's purchase price of $175 million and $14 million in liabilities. However, the team turned down the offer as the buyer demanded that the team would be allowed to move away from Buffalo.'

 

who knows if the Board of Governors would've approved that sale, but I appreciate the fact that Golisano didn't let it get to that point

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I'm looking forward to this.

 

My opinion of Golisano is not so rosy lately.

 

Everyone keeps harping on the 'thank you for keeping the Sabres in Buffalo rant', but 1.) let's be honest- Golisano is a businessman who no longer even lives in the over-taxed, Nanny State that is NY. He is a BUSINESSMAN first. I don't buy the bleeding heart routine. He did not buy the Sabres for charity's sake. He, after seeing the housing bubble burst and how his tenure has gone- is similar IMO to the slime that helped create the housing crises by buying more than they can afford with the hopes of flipping for a profit.

 

2.) Bettman repeatedly stated during the time that the Sabres would not be leaving Buffalo during bankruptcy. I think that it has less to do with Golisano and more to do with the NHL and Bettman as underwriters that kept the Sabres in Buffalo.

 

That being said, we can then look at the Drury, Campbell, and Briere fiasco's and IMO were nothing more than penny pinching. So much lip service from Darcy over "keeping your core", and for the past 3 seasons we have been lamenting and trying to replace all 3 of them to no avail w/bargain basement clones.

 

I think that in the beginning, Golisano ok'd the "home improvement", paid for the renovations of the kitchen and bathrooms (because these increase the value of the franchise) to increase the curb appeal of the club to prospective buyers. In hockey terms: Golisano and Quinn gave Regier the ok to get Drury and Briere, but then proceeded to not pay for performance when the bill came due.

 

Once the curb appeal improved and the value increased, he stopped investing in the club.

See the post above yours. Apparently there was someone willing to pay $70M (IOW 40% more) but Golisano turned it down because he/she/they was going to move the team.

 

And I think that Golisano lost interest because he was never really a fan of the team to begin with, and realized that it was too hard to make a profit with them. Pegula will probably take losses, but he'll do it because he's a fan first and foremost.

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And I think that Golisano lost interest because he was never really a fan of the team to begin with, and realized that it was too hard to make a profit with them. Pegula will probably take losses, but he'll do it because he's a fan first and foremost.

 

Everyone has a breaking point. If he does wind up taking loses, what will be the limit to what he is willing to deal with? Everyone wants to paint this giant rosy picture right now, and I don't blame them, but I want to see how things look 5-10 years down the road. Only time will tell, I guess.

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who knows if the Board of Governors would've approved that sale, but I appreciate the fact that Golisano didn't let it get to that point

 

there is also a clause in the purchase agreement making it impossible for the Sabres to be moved.

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