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The Sabres Report - Nov 21, 2002

Firing Ruff would yield less than zero

'The last thing they need is to feed the public's undying fascination with Ted Nolan. The guy hasn't coached since May of '97. He alienated his star player. He alienated his general manager. Don't insult Ruff by suggesting Nolan would be a worthy replacement, a step up in class. If hockey were chess, Ruff beats Nolan in 15 moves.' … [Read more...] about Firing Ruff would yield less than zero

Buffalo News | Nov 21, 2002 | Read More

Golisano loses bid for Sabres

'Hamister owns North American Sports LLC which includes the Arena Football League's Buffalo Destroyers and the Rochester Brigade arena football team. He is chairman of National Health Care Affiliates Inc.' … [Read more...] about Golisano loses bid for Sabres

Rochester Business Journal | Nov 21, 2002 | Read More

Individual and a Firm Purchase the Sabres

'Hamister and Chartwell, a New York company that is providing the primary financing for the deal, are paying mostly cash, but assuming some debt, in their purchase of the Sabres and the arena they play in, the HSBC Arena. Chartwell had been an investor in the Baltimore Orioles when Eli Jacobs was the owner. The cash in the deal will be used to pay some of Adelphia's … [Read more...] about Individual and a Firm Purchase the Sabres

New York Times | Nov 21, 2002 | Read More

Hamister Bid for Buffalo Sabres Accepted

The NHL said Wednesday that they would accept the bid for the financially-troubled Buffalo Sabres from a group headed by Mark E. Hamister. … [Read more...] about Hamister Bid for Buffalo Sabres Accepted

Reuters | Nov 21, 2002 | Read More

Hamister keeps working after NHL approves bid for Sabres

Mere hours after receiving the news from NHL commissioner Gary Bettman on Wednesday, Hamister attended a small function at which a Buffalo distribution company announced it had purchased 10 Sabres season tickets. … [Read more...] about Hamister keeps working after NHL approves bid for Sabres

AP | Nov 21, 2002 | Read More

The Sabres Report - Nov 20, 2002

Buying Sabres falls into Hamister's sports vision

'Ever since the Buffalo businessman completed a $134 million deal that sold off 70 percent of his health care services company in 1996, Hamister has turned his attention to sports.' … [Read more...] about Buying Sabres falls into Hamister's sports vision

AP | Nov 20, 2002 | Read More

NHL selects Hamister bid to buy Sabres

'``News like this gives us an extra boost,'' Sabres general manager Darcy Regier. ``I think just the knowing: Number one, that the team is staying in Buffalo -- that's the most important thing for this community -- and number two, there's going to be strong ownership.''' … [Read more...] about NHL selects Hamister bid to buy Sabres

AP | Nov 20, 2002 | Read More

Troubled Sabres sold to group headed by Hamister

'"Adelphia has been involved throughout this process," Bettman said. "We are anticipating their continued cooperation in completing the sale."' … [Read more...] about Troubled Sabres sold to group headed by Hamister

Sportsticker | Nov 20, 2002 | Read More

Bid for Buffalo Sabres accepted

'Bettman said a closing date likely would come in the first three months of 2003. The NHL's Board of Governors still must approve the sale.' … [Read more...] about Bid for Buffalo Sabres accepted

UPI | Nov 20, 2002 | Read More

Sabres Sold to Arena League Team Owner Mark Hamister

'``We will work with Mr. Hamister to conclude the transaction as quickly as possible,'' he said.' … [Read more...] about Sabres Sold to Arena League Team Owner Mark Hamister

Bloomberg | Nov 20, 2002 | Read More

It's Official. Hamister to Own Sabres

'Hamister made his fortune in the nursing home and medical insurance industry and is already involved in the Buffalo-area sports scene as owner of the Buffalo Destroyers of the Arena Football League. He was known to have met with Bettman as late as last Tuesday in Buffalo. Those meetings were said to be productive. Hamister also spent that evening taking in the Sabres-Boston … [Read more...] about It’s Official. Hamister to Own Sabres

Fox Sports | Nov 20, 2002 | Read More

NHL accepts Hamister bid for Sabres

'Hamister, who owns the Buffalo Destroyers of the Arena Football League as well as two other minor league football teams, is expected to discuss the sale at a news conference Thursday.' … [Read more...] about NHL accepts Hamister bid for Sabres

Business First of Buffalo | Nov 20, 2002 | Read More

Hamister gets the Sabres

'In the end, Hamister's bid, said to be in the neighborhood of $60 million, won out over Golisano's - largely because of the money he was able to put up-front for the team. Golisano sources say he was concerned about having enough for operating costs of the franchise and was unwilling to up his bid significantly.' … [Read more...] about Hamister gets the Sabres

WKBW-TV | Nov 20, 2002 | Read More

Niedermayer spoils Miller's debut as Devils keep Sabres on the skids

'Miller made 21 saves in his NHL debut and, despite the loss, looked rather comfortable in net.' … [Read more...] about Niedermayer spoils Miller's debut as Devils keep Sabres on the skids

Buffalo News | Nov 20, 2002 | Read More

Talks to purchase Sabres heat up

'The sudden flurry of phone negotiations was ignited by the long-awaited submission of Golisano's official offer. While Hamister presented his acquisition package to the league in mid-September, the failed gubernatorial candidate's bid was not submitted until Monday. Once the two offers could be weighed side-by-side, league officials were finally in a position to … [Read more...] about Talks to purchase Sabres heat up

Buffalo News | Nov 20, 2002 | Read More
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