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  1. The comments in the Ehrhoff thread with sarcastic mentions of Pegula's meddling led me to research this..... Whether or not you want to make fun of those people who felt Terry Pegula was taking an overactive role in the assembly of his hockey team, I present the facts. Terry Pegula himself said: 1) He talked to many NHL executives and was told Darcy Regier was a great GM 2) His top adviser Ken Saywer called Regier a "Hockey Genius" 3) Pegula liked Regier because he could "work with him". 4) Pegula recently said within the past 8 months, "Someone please tell me what Regier has ever done wrong." 5) Pegula's daughter is on video saying her father went to Regier praising that "Ehrhoff fella". 6) Pegula admitted Regier was prone to placating to his owner...."Sometimes the painter has his brush hand held." 7) I'm sure I could get to 10, but I will be nice in the spirit of Murray Heaven Pegula took over the team in the second half of the 2010-11 season. I will not include this for financial costs as people put their money up ahead of time. As of July 1st 2014, a season ticket holder under the entire Pegula ownership will have been committed to 4 seasons of Sabres hockey. We will use the following data for building the model. Yes, I know that not everybody goes to every game, or has the same number of seats, and some sell to the aftermarket, but for the purpose of this idea, I am giving what the average ticket holder has forgone by owning season tickets. I am not counting preseason or rebates...which are pretty much a wash....and I am also rounding down costs. Cost of a pair of season tickets the past 4 years: Section............2011-12............2012-13.............2013-14............2014-15 Club................$7500.............$8100................$8400.............$8700 Lower Bowl II.......$4400.............$4900................$5000.............$5200 Nosebleeds..........$1800.............$2000................$2100.............$2200 The common measuring stick for opportunity cost of investment is the S+P 500 Index. This is what most pensions, 401k's, etc. use as the baseline. On July 1st when season tickets are committed to, deposited on, and paid within 90 days.....here is where the S+P 500 was: 2011: 1030 2012: 1340 2013: 1630 2014: 1960 Assuming that instead of buying a pair of season tickets, the season ticket holder instead put said funds into an S+P 500 index on July 1st of each year that Pegula has owned the team, with many options being tax-free or deferred, here is the total amount of money that would be in your account as of today: 300 Level Nosebleeds: $11,075 100 Level II: $26,750 Club Level: $44,900 There was no need to add playoff invoices to this study....... Yes, Murray Heaven is here. That doesn't mean Hockey Heaven, #Blueprint, and Ron Rolston never happened. So please.....while it is fun to joke and almost everyone is a good sport.....there are some very real consequences to the decisions that have been made to date....and the average fan doesn't get to write off 40% of those mistakes against natural gas profits........
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