Archives for March 14, 2003

'When asked what type of owner he will be, Golisano said there must be balance. "It’s got to be a balance and a great experience for fans; it's got to be good for the employees, both the players and the staff; and the owners got to have a fair chance...so, first of all, I have to deal with the balance of those three responsibilities," he said.' … [Read more...] about Golisano Agrees To Buy Sabres

'Paychex Inc. CEO Thomas Golisano today offered to pay full price to acquire the bankrupt Buffalo Sabres hockey team, the Associated Press reported. Golisano reportedly offered $92 million, which is what Forbes magazine recently estimated the team is worth.' … [Read more...] about Golisano offers $92 million for Sabres

'Unlike the failed proposal from Mark Hamister and Todd Berman, Golisano's bid includes no government aid. "That was one of my criteria," Golisano said. "I believe that these type of transactions can take place without taxpayers having to finance them."' … [Read more...] about Bettman approves Golisano's bid

'According to court documents filed in U.S. Bankruptcy Court in Buffalo, if the National Hockey League does not receive an alternative bid of at least $95 million during a court auction, the team will be awarded to Golisano, the chairman and chief executive of software maker Paychex Inc.' … [Read more...] about Paychex Chief to Buy Buffalo Sabres for $92 Million

'``This represents an opportunity for the Sabres to move forward under strong ownership and remain in Buffalo,'' NHL Commissioner Gary Bettman said during a press conference at HSBC Arena in Buffalo.' … [Read more...] about Golisano Agrees to Buy NHL's Sabres for More Than $70 Million

'Adelphia's approval was integral, and the company considers Golisano's the best offer it could expect to get.' … [Read more...] about Golisano introduced as next owner of Sabres

I want to thank all of you who voted against me in the last election, because quite frankly I would not be here today, Golisano joked. … [Read more...] about Billionaire Golisano purchases Sabres

'"His responsibility level has doubled or tripled with me and Grats gone," Ray said. "It's such a young team. There's so much more responsibility that he's never had before."' … [Read more...] about Boulton inherits a fighting chance

'D Alexei Zhitnik hasn't scored a goal at home since Jan. 5, 2001.' … [Read more...] about Sabres vs. Lightning

'Even though an agreement has been signed, there remains a 30-day period when someone else could put in a higher bid for the team through U.S. Bankruptcy Court. That is considered highly unlikely.' … [Read more...] about Golisano, NHL agree on sale

'Presumably, Golisano sees light at end of the tunnel in the form of a new and improved NHL collective bargaining agreement in September of 2004, when the current deal expires. Otherwise, why would the Rochester billionaire make such a foolish purchase?' … [Read more...] about Will Golisano's Buffalo rescue be worth it?

'The Amerks are paying dearly for the Sabres’ inability -- or unwillingness -- to pay enough players to fill out both an NHL and AHL roster.' … [Read more...] about Injuries to Sabres hurt Amerks even more

'``I don't think they are a team that gets blown out one night and plays it tight the next. They grind it out every night and surprise you,'' center Tim Taylor said. ``They match up pretty well against our team because that's the type of game that we play and their goaltenders have played well against us. They battle and I think that's why we have … [Read more...] about Lightning Seek To Snap Sabres Hex

'Tampa Bay is 9-2-3 in its past 14.' … [Read more...] about Tonight's Lightning Game

'Tampa Bay trails the series 10-25-5-1 and is winless in nine games (0-6-3). It is 6-12-2 in Buffalo, where it hasn't won since March 1999 (0-6-1).' … [Read more...] about Tonight: Lightning vs. Sabres