Thursday, February 17, 2011

Pegula Set To Take Over Sabres

The NHL is expected to approve Terry Pegula's purchase of the Buffalo Sabres franchise in the next couple of days, according to those close to the situation...

They're anonymous at present, but the "they" are pretty confident about it.

The NHL still has not announced a timetable on the sale process since Pegula reached a deal, pending league approval, to purchase the team for C$189 million from Tom Golisano earlier this month.

Part of Pegula's commitment is to keeping the franchise in Buffalo, and that was what Golisano was looking for in an owner.

Here's a talk Pegula had with WIVB'TV's John Murphy a few weeks ago...

Pegula: We're gonna win the Stanley Cup:

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