Golisano submits new offer for Sabres

Via: Buffalo News

'However, Golisano's offer, submitted to National Hockey League Commissioner Gary Bettman on Thursday afternoon, would provide Adelphia Communications, parent owners of the Sabres, with millions less than Hamister's package, or even less than what Golisano proposed in November in a bid that was rejected by the NHL. This could pose problems for Adelphia and the judge who is overseeing the once-mighty cable conglomerate's Chapter 11 bankruptcy proceedings.'