Continued from All things Pegula 1
Things are looking up for the family finances.
Natural-gas prices are spiking around the world
Things are looking up for the family finances.
Natural-gas prices are spiking around the world
Continued from All things Pegula 1
Things are looking up for the family finances.
Natural-gas prices are spiking around the world
They shouldn’t even have to drill with the giant crater they have created at KeyBank arena.
The most frustrating thing about this entire "Efficient, Economic, Effective" BS is that the Pegula's make mint off of the Bills. Just a money machine. The TV contract alone makes the Bills profitable. Add in 8 sellouts (and playoffs) , merchandise, sponsorships, the Bills are a money making machine.
They can essentially write off any of the Sabres losses, even if they spend to the cap, and still make 100s of millions of Buffalo sports teams over the next decade. Even with the new stadium cost and massive arena renovations. And they still can keep their 'lifestyle' goals.
The most frustrating thing about this entire "Efficient, Economic, Effective" BS is that the Pegula's make mint off of the Bills. Just a money machine. The TV contract alone makes the Bills profitable. Add in 8 sellouts (and playoffs) , merchandise, sponsorships, the Bills are a money making machine.
They can essentially write off any of the Sabres losses, even if they spend to the cap, and still make 100s of millions of Buffalo sports teams over the next decade. Even with the new stadium cost and massive arena renovations. And they still can keep their 'lifestyle' goals.
Now, we are stuck with Kruger's hand-picked greaseman as our General Manager
Huh?
Adams was hired by the Pegulas WAY before Ralphie was even a twinkle in anyone's eye.
The most frustrating thing about this entire "Efficient, Economic, Effective" BS is that the Pegula's make mint off of the Bills. Just a money machine. The TV contract alone makes the Bills profitable. Add in 8 sellouts (and playoffs) , merchandise, sponsorships, the Bills are a money making machine.
They can essentially write off any of the Sabres losses, even if they spend to the cap, and still make 100s of millions of Buffalo sports teams over the next decade. Even with the new stadium cost and massive arena renovations. And they still can keep their 'lifestyle' goals.
Adams had been planning the coup for years. E,E & E was his baby. When the words are spoken they send subliminal messages to the Pegulas. When the decision to launch the "Adams Ascension" (soon to be a book and major motion picture) was made, Botterill was rolled up like a jelly roll and fed to the family dog. Krueger tried to hijack the revolution using concepts and principles to split the Adam. But Kevyn's E,E & E repelled the attack and sent Ralph fleeing to the Alps.Im thinking a lot of that "E, E, & E" talk was directly from Kruger's mouth. He probably manipulated the Pegulas to cull all unnecessary staff, or the staff that Kruger felt was unnecessary. Probably 1 part power grab, 1 part 'experiment' on his part so he could experiment to get his kicks in an effort to revolutionize NHL/sports front office structure because he is a pompous slug. 'why do you need scouts logging hours, reimbursements and living on the company card when you can have interns and entry-level workers mining all the video and data at home?"
We dodged a huge bullet when the Sabres couldnt manage to win any game. The Pegulas were dying to try to justify any reason at all to hang on to Kruger.
It also wraps back to the Pegulas. Not only did they make Kruger like the 5th highest paid coach in the league at the time... they also empowered him like no other coach in the NHL is empowered. They doubled down on it and no-doubt would have tripled-down on it through this horrible offseason. Bad judgement
Now, we are stuck with Kruger's hand-picked greaseman as our General Manager
Adams was in a position not related to being General Manager and was suddenly vaulted to the position 'under' Kruger.
Damn, should've sold franchise to Trump.![]()
Pegulas are terrible at controlling the Sabers, it would be difficult to find worse owners in terms of decision making.Ummm, no.
Besides, I don't believe he was interested in the Sabres. Just the Bills.
Damn, should've sold franchise to Trump.![]()
I thought Trump was rich.First, he wasn't interested in the Sabres.
Second, the guy doesn't have the assets to purchase a sports team, not to mention his "business sense" would've made for an unstable organization as his business vision favors short term gains over longer term stability, and would've became a big issue for the league. We would've been looking for a new owner in less than 5 years as he would've bled dry the area.
The problem with the Sabres ownership under Terry is an obvious solution, and one that is already under the umbrella, looking at the Bills, of how much, and WHERE they have their influence.
I've said it before, but they need someone that has ties to the history of the Sabres to get in the Pegulas ears about stepping back a little bit. They need to hire someone with a history of rebuilding a franchise, or was an integral part of molding a structure for the organization to build upon.
I'm interested to do some napkin math here.
The Sabres are playing 40 home games this season with 1 guaranteed sellout (the outdoor game). I'm assuming an average ticket price of around $55 based on the high end price in the 300s for the Habs home opener. So with a max capacity of 18595 tickets. So, a single sold out arena game is just a shade over 1.0M ($1.02M)
So, on a GOOD season, ticket sales would bring you in 41M-ish of your revenue. Add in the new TV deal.....(19.5M per team), that gets you to $60M-ish.
So, if the Sabres were good and spending to the cap, they'd be running in the red around 20-25M. Obviously this doesn't include concessions, merch sales, local broadcast rights, etc. It would take probably 2 rounds of home playoff games to get close to breakeven-ish. It doesn't include escrow either.
Let's say the Sabres this season run at 10K fans a night on average (and one sellout), thats 23M-ish in revenue. Add 19.5M from the TV deal....42M. And they run a cap floor team at 61M. They lose 18-20M this way.
So, you can see WHY the Pegula's are being cheap suddenly. The Sabres are bleeding money like a stuck pig. Especially after a season near the cap with minimal gate coming in.
What is frustrating is I think there is a happy medium here where you can run mid point cap team (70M) with an eye on the future and be enjoyable to watch, and lets say average 14k fans, you'd get 32M in revenue, it's almost a break even proposal where you'd spend 9M or so and bring in around 9M in extra gate. Maybe that is the next step?
I simply wish the Pegula's would be willing to invest in bringing in an experienced hand to help them rebuild the front office from scratch instead of this weird ass hire a bunch of loyalists with no experience to do it.
I’m with you on Ned.Yeap, we could have one of Ned, Hill or Vladar instead of Dell, it wouldn't cost the Pegulas a ton of money.
First, he wasn't interested in the Sabres.
Second, the guy doesn't have the assets to purchase a sports team, not to mention his "business sense" would've made for an unstable organization as his business vision favors short term gains over longer term stability, and would've became a big issue for the league. We would've been looking for a new owner in less than 5 years as he would've bled dry the area.
The problem with the Sabres ownership under Terry is an obvious solution, and one that is already under the umbrella, looking at the Bills, of how much, and WHERE they have their influence.
I've said it before, but they need someone that has ties to the history of the Sabres to get in the Pegulas ears about stepping back a little bit. They need to hire someone with a history of rebuilding a franchise, or was an integral part of molding a structure for the organization to build upon.