'Bill Daly, the league's chief legal officer, said the NHL granted Hamister more time because progress was being made in talks with state, county and city officials. The bid is contingent on support from New York state, Erie County and the city of Buffalo to cover debts related to six-year-old HSBC Arena. Without help, Hamister said he would withdraw his bid.'
NHL Gives Hamister One-Week Extension to Buy Buffalo Sabres
January 3, 2003 Submitted by