For two years, 200-3-2005, the team was in limbo. Rigas empire was in tatters and the fate of the Sabres was in the balance. Rumors of a new owner and moving the team were rampant. In 2008-2009 Jim Balsillie was with a group trying to land a team in Hamilton. The Sabres were in their sights. Fortunately Gallisano resisted and sold the team to the Pegulas.