Archives for June 18, 2002

'A group of mostly local investors has spent the past month forming in hopes of buying the Sabres and keeping them in Buffalo. Mark Hamister, who owns the Arena Football League's Buffalo Destroyers, has been identified as the group's catalyst. Brendan McDaniels, a spokesman for Hamister, declined comment Tuesday.' … [Read more...] about NHL governors have Sabres' future on the agenda

'NHL spokeswoman Bernadette Manser says the league's Board of Governors will be meeting on Thursday, but the only item on the agenda is an update on the Sabres, and no action will be taken.' … [Read more...] about NHL calls report of Sabres takeover "premature"

'Sources have told WGR Sports Radio 55 that the NHL will take over the Buffalo Sabres on Thursday...I have also learned Commissioner Gary Bettman does not think it'll be long until the team is sold to local investors led by Bob Rich Jr., and Mark Hamister.' … [Read more...] about The NHL to take over the Sabres this week

'With Adelphia Communications facing at least $2.3 billion in unreported debt, and the NHL ready to take over the team if needed, belt tightning within the Sabres organization could be an understatement.' … [Read more...] about Tight budget forces Sabres to build through draft