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NHL Gives Hamister Another Week to Buy Buffalo Sabres

'He has asked the state to refinance a $23 million loan on the arena and to cover the cost of $10 million in arena improvements. Hamister has requested other financial aid from the city, including a break in the $500,000 rent for the arena.' … [Read more...] about NHL Gives Hamister Another Week to Buy Buffalo Sabres

Bloomberg | Jan 10, 2003

Adelphia loan holding up bid to buy Sabres

'''It's a genuine issue,'' Volker said. ''If the state commits to taking that over with state funds, it could be considered an asset of Adelphia. And they do not want any of the state money to potentially go to Adelphia.''' … [Read more...] about Adelphia loan holding up bid to buy Sabres

AP | Jan 10, 2003

NHL gives extension to prospective Sabres owner Hamister

'"Since progress continues, we are comfortable moving this process forward with Messrs. Hamister and Berman," NHL commissioner Gary Bettman said.' … [Read more...] about NHL gives extension to prospective Sabres owner Hamister

Sportsticker | Jan 10, 2003

New Year should mean New Faces for the Sabres

What's new in Sabre Land? How about Ryan Miller? He has backstopped the Sabres to eight points in his first six NHL starts. Two wins, an overtime win and two overtime losses, at least a point in every contest, until being nipped 3-2 Tuesday evening in Philadelphia. How about Ales Kotalik? He took down the mighty division-leading Ottawa Senators last Saturday on their own … [Read more...] about New Year should mean New Faces for the Sabres

The Sabres Edge | Jan 10, 2003

State rejects loan for Sabres

'A source close to the negotiations told The Buffalo News Thursday night that the state does not feel it can provide a $23 million loan Hamister wants as part of a plan to refinance an existing loan for the HSBC Arena. The source, speaking on condition of anonymity, said the Pataki administration believes that the loan proceeds would go directly to Adelphia Communications, … [Read more...] about State rejects loan for Sabres

Buffalo News | Jan 10, 2003

Poll backs Sabres, but not proposed aid

'If Hamister purchases the Sabres, 48 percent are very or somewhat confident he will be able to run a successful team in Buffalo, 19 percent are not confident and 33 percent are unsure.' … [Read more...] about Poll backs Sabres, but not proposed aid

Buffalo News | Jan 10, 2003

Stay or go, Sabres will cost taxpayers

'But if the Sabres leave town, county taxpayers will pay an even steeper price - at least $15 million to $20 million over the next 23 years, just in the direct loss of sales tax revenue, according to the latest county projections.' … [Read more...] about Stay or go, Sabres will cost taxpayers

Buffalo News | Jan 10, 2003

Coming of age

'He is one of the Sabres' lowest-paid players, making $450,000 this season. Only left wing Eric Boulton makes less ($400,000).' … [Read more...] about Coming of age

Buffalo News | Jan 10, 2003

Who's No. 1? Ruff won't label goalies

'Ruff will give a start to each goalie in games tonight against the Boston Bruins in HSBC Arena and Saturday night against the Montreal Canadiens in the Bell Centre.' … [Read more...] about Who's No. 1? Ruff won't label goalies

Buffalo News | Jan 10, 2003

Sabres vs. Bruins

'The Bruins are 2-10-1 since Dec. 8.' … [Read more...] about Sabres vs. Bruins

Buffalo News | Jan 10, 2003

Senators file bankruptcy, Sabres next

'It’s a different scenario in Buffalo were it appears there will be a cleansing bankruptcy. In that situation all parties, including creditors, agree to a restructuring of the debt load. Under that arrangement, prospective owner Mark Hamister would take control of the team with the blessings of the NHL and the team’s major creditors.' … [Read more...] about Senators file bankruptcy, Sabres next

Fox Sports | Jan 9, 2003

Hamister awaiting Pataki approval as Sabres deadline nears

``I'm plenty more confident today than I was a week ago,'' Hamister said. ``I think the very fact that talks are going on a daily basis would suggest progress. But the final note of progress will be that final action.'' … [Read more...] about Hamister awaiting Pataki approval as Sabres deadline nears

AP | Jan 9, 2003

Sabres' first half a nightmare

'Everything that could have gone wrong has.' … [Read more...] about Sabres' first half a nightmare

AP | Jan 9, 2003

Sabres' mid-season report card

'FRONT OFFICE, Darcy Regier, F. Other than a trade of defenseman Jason Woolley earlier in the season, Regier seems to be satisfied at standing pat while his team falters. Even though he is working with a limited budget, a change of a face or two would have been helpful, even if for nothing more than to shake up the team.' … [Read more...] about Sabres' mid-season report card

Faceoff.com | Jan 9, 2003

Scratches give Warrener an itch

'Ruff announced Warrener would return against the Bruins after missing nine straight games.' … [Read more...] about Scratches give Warrener an itch

Buffalo News | Jan 9, 2003
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