Archives for June 9, 2003

'According to a preliminary financial overview covering both the team and HSBC Arena, obtained by Business First, the Sabres lost $39.3 million during the 2001-2002 season and are projected to lose $26.7 million during its current fiscal year, which ends June 30...The March projections show the team losing $6.1 million for the 2003-2004 season. Losses are projected to drop … [Read more...] about Sabres project cut in losses, revenue boost

'Last summer, the Sabres and Adelphia signed a five-year agreement that would keep the team's broadcasts on Empire and WNSA. According to documents obtained by Business First, the Sabres receive $6.5 million per season in exchange for those broadcast rights. The deal included a clause that would allow the Sabres or Adelphia to opt out after a year. The team's new … [Read more...] about Empire on the brink