Eleven Posted February 3, 2011 Report Share Posted February 3, 2011 No Stanley Cups and 3 playoff appearances in 8 years. I couldn't care less what rest of the divisions Stanley Cup appearances total. It doesn't add any "perspective." Are you referring to Miller? Link to comment Share on other sites More sharing options...
shrader Posted February 3, 2011 Report Share Posted February 3, 2011 Show me where Golisano dumped $88 million into a mediocre college program in a niche sport. A mediocre program? Actually it was a non-existant program. They may have a club program in place there, but that doesn't count at all. They're starting from scratch. Link to comment Share on other sites More sharing options...
Ghost of Dwight Drane Posted February 3, 2011 Report Share Posted February 3, 2011 A mediocre program? Actually it was a non-existant program. They may have a club program in place there, but that doesn't count at all. They're starting from scratch. All the better. $88 million. The notion that he will pennypinch and stay under the salary cap to boost the bottom line sounds like sour grapes from the Quinn camp. LeBrun mentions the Canadian dollar and the salary cap. That is straight from Quinn's mouth, so I can only assume LeBrun talks to Quinn as his source, Quinn protects his buddy Darcy by saying Pegula is going to keep him, which is probably true for the next few months, then fluffs himself and OSP for a bevy of LeBrun comments praising the dictator. Again, when Golisano bought the Sabres, his balance sheet looked like: $700 million PAYX stock, The Buffalo Sabres, $150 million cash + other. The bottom line matters when you only have $150 million liquid. Pegula: Residual land + rights in his company, The Buffalo Sabres, $3 billion cash and other. Pegula has so much liquid cash now, he's scrambling to find places for it that return more than 4.6% while having to rely on the full faith and good credit of the United States Treasury. He's pulling down $4.37 in interest EVERY SECOND! A good businessman will look at bringing in franchise players as an investment....not a cost. Link to comment Share on other sites More sharing options...
spndnchz Posted February 3, 2011 Report Share Posted February 3, 2011 So, there's is nothing legally the old Sabres need to tell TP about trades etc... but they would run it past him. Same for TPegs calling them and telling them to get someone. He can ask, they aren't obligated. There IS a magical list of players that can be traded (assuming from TPegs). Link to comment Share on other sites More sharing options...
Claude_Verret Posted February 3, 2011 Report Share Posted February 3, 2011 No trade list: Miller, Vanek and Myers? Link to comment Share on other sites More sharing options...
Two or less Posted February 3, 2011 Report Share Posted February 3, 2011 From Terry Pegula, first time ever- "As diehard fans of the Buffalo Sabres, the Pegula Family would like to take this opportunity to congratulate Tom Golisano and Larry Quinn on their committment to hockey fans in Western New York and their dedicated stewardship of the franchise. Without their generosity and perserverance through tough economic times and labor issues, there would not be a team for the Buffalo community to support. We will be forever grateful for their efforts in developing one of the best markets in the National Hockey League and providing the foundation for future success. My wife Kim and I are hopeful that the league's approval process of our intent to purchase the franchise will move swiftly and we can begin the next era of Buffalo Sabres hockey in the very near future". Link- http://www.hockeybuzz.com/blog.php?post_id=33369 Link to comment Share on other sites More sharing options...
BuffaloFan32 Posted February 3, 2011 Report Share Posted February 3, 2011 Did anyone catch this: WECK 1230 AM reports: ''Sabres owner Tom Golisano announced that he has sold the team to billionaire Terry Pegula with a clause that Pegula can never move the club from Buffalo, spurning an offer worth $70-plus million more from another suitor to relocate the team. Does anybody else think that other offer was from Jim Balsillie? Link to comment Share on other sites More sharing options...
Claude_Verret Posted February 3, 2011 Report Share Posted February 3, 2011 From Terry Pegula, first time ever- Link- http://www.hockeybuzz.com/blog.php?post_id=33369 I like this part :thumbsup: NHL approval will be fast tracked and Terry Pegula will become the new owner of the Sabres in the next two weeks or less. Link to comment Share on other sites More sharing options...
LabattBlue Posted February 3, 2011 Report Share Posted February 3, 2011 Did anyone catch this: WECK 1230 AM reports: ''Sabres owner Tom Golisano announced that he has sold the team to billionaire Terry Pegula with a clause that Pegula can never move the club from Buffalo, spurning an offer worth $70-plus million more from another suitor to relocate the team. Does anybody else think that other offer was from Jim Balsillie? This is completely irrelevant. As I have mentioned recently, if the NHL is bending over backwards(and then some) to keep the Coyotes in Phoenix(despite luke warm support at best), do you really believe they would approve the sale of the Sabres to a person who is buying them with the intention of moving them? It wasn't going to happen, but a nice attempt by OSP to pat himself on the back one last time as the Sabres owner. Link to comment Share on other sites More sharing options...
X. Benedict Posted February 3, 2011 Report Share Posted February 3, 2011 Did anyone catch this: WECK 1230 AM reports: ''Sabres owner Tom Golisano announced that he has sold the team to billionaire Terry Pegula with a clause that Pegula can never move the club from Buffalo, spurning an offer worth $70-plus million more from another suitor to relocate the team. Does anybody else think that other offer was from Jim Balsillie? It was. Link to comment Share on other sites More sharing options...
frisky Posted February 3, 2011 Report Share Posted February 3, 2011 The tidbits in the CBC article are very interesting. I think it would be great if Pegula could get Craig Patrick as an advisor let alone possibly future president. Also, interesting to hear that it's been heard that he is interested in keeping both Regier and Ruff. As with most articles it could be way off base but interesting to hear especially the Craig Patrick piece of rumour. Link to comment Share on other sites More sharing options...
PASabreFan Posted February 3, 2011 Report Share Posted February 3, 2011 It was. Golisano did not confirm that. Link to comment Share on other sites More sharing options...
PASabreFan Posted February 3, 2011 Report Share Posted February 3, 2011 So, there's is nothing legally the old Sabres need to tell TP about trades etc... but they would run it past him. Same for TPegs calling them and telling them to get someone. He can ask, they aren't obligated. There IS a magical list of players that can be traded (assuming from TPegs). There was also mention of a certain financial commitment the Sabres can't exceed without TP's approval. Link to comment Share on other sites More sharing options...
X. Benedict Posted February 3, 2011 Report Share Posted February 3, 2011 Golisano did not confirm that. Quinn posted a reponse to the offer a while back, without naming names. In Toronto it was widely reported to be Ballsillie who wanted to move a team to Kopps in Hamilton. Link to comment Share on other sites More sharing options...
deluca67 Posted February 3, 2011 Report Share Posted February 3, 2011 Are you referring to Miller? I was referring to Regier. Link to comment Share on other sites More sharing options...
carpandean Posted February 3, 2011 Report Share Posted February 3, 2011 Golisano did not confirm that. "Bad assumption! ... I'm not saying it's a wrong one ..." -TG Link to comment Share on other sites More sharing options...
PASabreFan Posted February 3, 2011 Report Share Posted February 3, 2011 "Bad assumption! ... I'm not saying it's a wrong one ..." -TG Like they used to say about Bubba Clinton, "slippery when wet." The highlight for me in this regard was when Tom tried to explain that being 10% under the cap is "good business practice." (And, actuallly, he might have sold himself short a bit.) Link to comment Share on other sites More sharing options...
PASabreFan Posted February 4, 2011 Report Share Posted February 4, 2011 There was some news made today. Terry Pegula proclaimed himself (and his family) a diehard Sabre fan. We've never actually heard that from him. Link to comment Share on other sites More sharing options...
X. Benedict Posted February 4, 2011 Report Share Posted February 4, 2011 There was some news made today. Terry Pegula proclaimed himself (and his family) a diehard Sabre fan. We've never actually heard that from him. A little revisionism in the family bio - but I'm not worried about it. :beer: Link to comment Share on other sites More sharing options...
kwalk Posted February 4, 2011 Report Share Posted February 4, 2011 Like they used to say about Bubba Clinton, "slippery when wet." The highlight for me in this regard was when Tom tried to explain that being 10% under the cap is "good business practice." (And, actuallly, he might have sold himself short a bit.) That's the best kind.. Link to comment Share on other sites More sharing options...
PASabreFan Posted February 4, 2011 Report Share Posted February 4, 2011 A little revisionism in the family bio - but I'm not worried about it. :beer: Do tell. Link to comment Share on other sites More sharing options...
tom webster Posted February 4, 2011 Report Share Posted February 4, 2011 It was. TG said it wasn't, he wouldn't lie would he? Link to comment Share on other sites More sharing options...
PromoTheRobot Posted February 4, 2011 Report Share Posted February 4, 2011 Did anyone catch this: WECK 1230 AM reports: ''Sabres owner Tom Golisano announced that he has sold the team to billionaire Terry Pegula with a clause that Pegula can never move the club from Buffalo, spurning an offer worth $70-plus million more from another suitor to relocate the team. Does anybody else think that other offer was from Jim Balsillie? Golisano is making sure that Terry doesn't turn around and make a quick $70M flipping the Sabres to Mr. Crackberry. Not saying Pegula would, but a good businessman gets it in writing. PTR Link to comment Share on other sites More sharing options...
henysgol Posted February 4, 2011 Report Share Posted February 4, 2011 Wow, the paranoia. The speculation. The gossip. I am in complete WONDERMENT right now. All I can do is fantasize. Link to comment Share on other sites More sharing options...
PASabreFan Posted February 5, 2011 Report Share Posted February 5, 2011 OK, on a scale of 1-10, how creepy is Mike Harrington and Mike Schopp following 16-year-old Jessica Pegula on Twitter? Link to comment Share on other sites More sharing options...
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