Sabres Announce a 10 year extension for the naming rights of Key Bank Center

[Brawndo]

 

Edited July 30 by Brawndo

[Porous Five Hole]

Backstory:

It will be interesting to hear how this shakes out given the city of Buffalo *probably* doesn’t want to venture in the arena owning business.  

[Brawndo]

Here is the press release 

[thewookie1]

4 minutes ago, Porous Five Hole said:

Backstory:

It will be interesting to hear how this shakes out given the city of Buffalo *probably* doesn’t want to venture in the arena owning business.  

My guess is they'll announce Pegula is buying the stadium with some degree of KeyBank involvement 

Edited July 29 by thewookie1

[...]

The Sabres will move games to the Northtown Center at Amherst before Pegula spends another dime on the team.

[ponokasabre]

20 minutes ago, thewookie1 said:

My guess is they'll announce Pegula is buying the stadium with some degree of KeyBank involvement 

I hope this also would include a massive renovation to update the building 

[K-9]

4 minutes ago, ponokasabre said:

I hope this also would include a massive renovation to update the building 

Nah, they’re gonna raze KBC and Pegula will insist on an open-air hockey arena. 

[steveoath]

13 minutes ago, K-9 said:

Nah, they’re gonna raze KBC and Pegula will insist on an open-air hockey arena. 

That would be cool AF!

[Carmel Corn]

40 minutes ago, K-9 said:

Nah, they’re gonna raze KBC and Pegula will insist on an open-air hockey arena. 

The Sabres will be moving their games to old Highmark (Rich Stadium) since the Bills won’t be using it after this upcoming season.

(Kidding of course)

[...]

20 minutes ago, Carmel Corn said:

(Kidding of course)

Thank God you added the paranthetical.

 

[Night Train]

Buy 1 ticket, get 2 free. 

Edited July 29 by Night Train

[Eleven]

Well, we know the county wants out of the business of owning the arena.  So that's probably a good starting point.

[DarthEbriate]

5 hours ago, K-9 said:

Nah, they’re gonna raze KBC and Pegula will insist on an open-air hockey arena. 

Pegula will insist on a publicly-funded multisport/concert venue with state of the art luxury boxes to “stay competitive” as though he didn’t shave $50M in Sabres player expenses since COVID hit.

Woe is us, we need a new vEEEnue!

[Brawndo]

 

[JohnC]

45 minutes ago, Brawndo said:

 

Is the city now responsible for upgrades and maintenance? What are the owner's responsibilities regarding the arena? 

[Mango]

2 minutes ago, JohnC said:

Is the city now responsible for upgrades and maintenance? What are the owner's responsibilities regarding the arena? 

I feel like I'm taking crazy pills.

We have a 10 year named sponsor for an arena whose lease/future is in limbo? 

How Sabres-y

If this is true, what an absolute joke.

Edited July 30 by Mango

[JohnC]

2 minutes ago, Mango said:

I feel like I'm taking crazy pills.

We have a 10 year named sponsor for an arena whose lease/future is in limbo? 

How Sabres-y

We'll just have to see how things will shake out regarding who is responsible for paying for maintenance and upgrades. I just don't know. Someone get a hold of @Brawndo and have him inform us of who is responsible for the upkeep costs. He's our designated insider.  

[Doohickie]

15 hours ago, Carmel Corn said:

The Sabres will be moving their games to old Highmark (Rich Stadium) since the Bills won’t be using it after this upcoming season.

(Kidding of course)

When the Texas Rangers built their new stadium (with a roof), the plan was to raze the previous stadium.  It still stands, though, and is home to an XFL team and an MLS farm team.

[Night Train]

A sponsorship from Waste Management would be more believable. 

[DarthEbriate]

I do wonder how much money Key Bank provides for the stadium name, the home and now the road decal per season. Is it enough to pay for Greenway? Only Benson? Skinner's continuing payout? Does a road decal cover a goaltender?

[LabattBlue]

45 minutes ago, JohnC said:

Is the city now responsible for upgrades and maintenance? What are the owner's responsibilities regarding the arena? 

The city is in financial ruin.  The only involvement they have is that the arena is located within the city limits. 
 

Their is no way they will be making any financial commitment towards the arena. 

[PromoTheRobot]

1 hour ago, Mango said:

I feel like I'm taking crazy pills.

We have a 10 year named sponsor for an arena whose lease/future is in limbo? 

How Sabres-y

If this is true, what an absolute joke.

I imagine the Sabres and PEG will assume full control of the arena.

The lease between the city and county expired. When does the lease between the Sabres and the arena end?

Edited July 30 by PromoTheRobot

[...]

56 minutes ago, Mango said:

I feel like I'm taking crazy pills.

We have a 10 year named sponsor for an arena whose lease/future is in limbo? 

How Sabres-y

If this is true, what an absolute joke.

 

It just tells you they already know how they're going to handle the arena going forward. It's business.

[Weave]

43 minutes ago, DarthEbriate said:

I do wonder how much money Key Bank provides for the stadium name, the home and now the road decal per season. Is it enough to pay for Greenway? Only Benson? Skinner's continuing payout? Does a road decal cover a goaltender?

It’s practically another well.

[Eleven]

I hope they're not changing the colors again just to match the Key logo on the away helmets.