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The Sabres Report - Jun 14, 2002

Amerks Owner Wants Area Businessmen to Buy Sabres

'Amerks owner Steve Donner says he'll act as a middleman to try to bring together Rochester and Buffalo businessmen to buy the Sabres. A spokesman tells News 8 Now Donner may even consider a small investment.' … [Read more...] about Amerks Owner Wants Area Businessmen to Buy Sabres

WROC-TV | Jun 14, 2002 | Read More

Americans owner Donner hopes to help Sabres

'Donner said that during the past two weeks he has had discussions with Buffalo businessman Mark Hamister -- whom he referred to as the "catalyst" of bringing an ownership group together. Hamister is chairman and founder of the Buffalo-based National Health Care Affiliates and owns the Arena Football League Buffalo Destroyers.' … [Read more...] about Americans owner Donner hopes to help Sabres

AP | Jun 14, 2002 | Read More

Rich says talk of joining new ownership group is 'premature'

'The owner of Buffalo's minor league baseball team says it's too early to discuss whether he would join a new ownership group that could buy the city's professional hockey franchise.' … [Read more...] about Rich says talk of joining new ownership group is 'premature'

AP | Jun 14, 2002 | Read More

Hasek takes driver's seat in Cup win

'Hasek tired of playing the role of savior. The Sabres had become overly dependent on his magic and unwilling, or financially unable, to adequately compliment his skills. His value to them was as a drawing card capable of performing the miraculous and fostering a thinly stretched sense of hope.' … [Read more...] about Hasek takes driver's seat in Cup win

Buffalo News | Jun 14, 2002 | Read More

NHL favors Sabres stay in Buffalo

'Although few details of the meeting were made available, NHL spokeswoman Bernadette Mansur referred to it as "a very good session." "There's no hard news coming out of it, but it was an update to all parties and an agreement to continue in communication," said Mansur, adding she was not aware of any further meetings scheduled between the two … [Read more...] about NHL favors Sabres stay in Buffalo

AP | Jun 14, 2002 | Read More

The Sabres Report - Jun 13, 2002

NHL, Adelphia to discuss future of Sabres

'Bill Savino's advice to the Rigases: "That team's not worth $200 hundred million. There's nothing there for you. Let the NHL take it over, sell it, and you worry about your other problems because you've got plenty."' … [Read more...] about NHL, Adelphia to discuss future of Sabres

WGRZ-TV | Jun 13, 2002 | Read More

NHL may take over Sabres

'While Bettman would prefer not to have the league take over the franchise, such a takeover may be the most feasible way of finding new owners, sources close to the Sabres' situation say. Otherwise, any potential investors in the Sabres would have to buy the team directly from John J. Rigas and sidestep all the financial and legal land mines - including expected … [Read more...] about NHL may take over Sabres

Buffalo News | Jun 13, 2002 | Read More

The Sabres Report - Jun 12, 2002

NHL to look into Sabres mess

'Sources also told FOXSports.com that the league has been active behind the scenes in moving to protect the league's interest in this matter and that the league does not want to be put in a position of having to operate the team while a buyer is sought or while the club or the parent company might be in bankruptcy proceedings. The best way to go about accomplishing … [Read more...] about NHL to look into Sabres mess

Fox Sports | Jun 12, 2002 | Read More

Erie County Executive: Buffalo group interested in buying Sabres

'Erie County Executive Joel Giambra wouldn't divulge the group's members, but said Wednesday that it is mostly comprised of local business people intent on keeping the franchise in Buffalo.' … [Read more...] about Erie County Executive: Buffalo group interested in buying Sabres

AP | Jun 12, 2002 | Read More

NHL May Force Take Over of Sabres

'According to the Wall Street Journal, the league and Adelphia officials will meet Thursday to discuss the team's financial situation.' … [Read more...] about NHL May Force Take Over of Sabres

WIVB-TV | Jun 12, 2002 | Read More

The Sabres Report - Jun 10, 2002

Bankruptcy would test Sabres' arena lease

'Bernadette Mansur, NHL group vice president of communications, said the league believes the lease agreement is fairly airtight. "It is a complex situation," Mansur said. "But no one has to worry about the future of the Sabres in Buffalo."' … [Read more...] about Bankruptcy would test Sabres' arena lease

Business First of Buffalo | Jun 10, 2002 | Read More

The Sabres Report - Jun 9, 2002

Maurice makes miraculous escape from gallows

'One major hurdle is the price. The Rigases apparently piled up $150 million in debt on the Sabres' books, but the franchise is worth about $35 million less. The Rigases would want to clear out as much debt as possible, but any prospective owners will not want to pay higher than the market price.' … [Read more...] about Maurice makes miraculous escape from gallows

Buffalo News | Jun 9, 2002 | Read More

Sabres' new look spiked sales, too

'The year before switching uniforms, the Sabres ranked 24th in merchandise sales in the NHL. Their first season in their new attire in new HSBC Arena, they rocketed to seventh and have remained in the top 10 ever since.' … [Read more...] about Sabres' new look spiked sales, too

D and C | Jun 9, 2002 | Read More

The Sabres Report - Jun 7, 2002

Talk of Sabres Leaving Buffalo Because of Adelphia Problems May Be Premature

'However, the league's support comes with a condition. Bettman made it clear, that with all the talk of the Sabres' problems, fans must support the franchise. In other words, buy tickets.' … [Read more...] about Talk of Sabres Leaving Buffalo Because of Adelphia Problems May Be Premature

WIVB-TV | Jun 7, 2002 | Read More

Bettman says with support, Sabres stay

'"I have been in touch with the Rigases. I have been in touch with Erland Kailbourne, who is acting chairman of Adelphia. We're not looking to do anything precipitous," Bettman said. "They have a whole lot of issues that they are dealing with. There are a whole lot of allegations, but we are closely monitoring it because if at some point it becomes … [Read more...] about Bettman says with support, Sabres stay

Buffalo News | Jun 7, 2002 | Read More
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