'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.'
Archives for June 18, 2002
'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.'
'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.'
'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.'