All Things Pegula 2

[Buffaloed]

Continued from All things Pegula 1

Things are looking up for the family finances.
Natural-gas prices are spiking around the world

Click to read more...

 

[KeyserSoze81]

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.

 

[TehDoak]

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.

 

[SackTastic]

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.

Some years, 9 now with the 17 game schedule.

 

[May Day 10]

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.

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

 

[SackTastic]

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.

 

[OkimLom]

Huh?

Adams was hired by the Pegulas WAY before Ralphie was even a twinkle in anyone's eye.

Actually twice hired before Ralph was a twinkle in anyone's eye.

First brought in 2009, then fired when Ron came in, and then brought in not too much later after Ron was fired.

 

[May Day 10]

Adams was in a position not related to being General Manager and was suddenly vaulted to the position 'under' Kruger.

 

[member 334057]

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.

Maybe they had a team movie night where they all watched Moneyball and decided they needed to take the Billy Beane approach.

 

[Buffaloed]

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 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.

 

[SackTastic]

Adams was in a position not related to being General Manager and was suddenly vaulted to the position 'under' Kruger.

Yes, because the Pegulas wanted a yes man , not because Krueger wanted him.

 

[Jim Bob]

 

[Fjordy]

Damn, should've sold franchise to Trump.

 

[Jim Bob]

Damn, should've sold franchise to Trump.

Ummm, no.

Besides, I don't believe he was interested in the Sabres. Just the Bills.

 

[Fjordy]

Ummm, no.

Besides, I don't believe he was interested in the Sabres. Just the Bills.

Pegulas are terrible at controlling the Sabers, it would be difficult to find worse owners in terms of decision making.

 

[haseoke39]

So the iddle bit I saw before paywall was that the team sold 6k tickets for preseason games, had far fewer in the building, and then 6k season tickets, being 10k under the previous cap.

Not that surprising, since they struggled to sell mere hundreds of tickets in the spring.

I do wonder if they'll have a sellout this year. Travel restrictions making it mighty difficult for Leafs and Habs fans to cross the border.

And I do wonder what the ownership reaction is going to be at the end of this season, if indeed they end up playing at half capacity or less most nights.

 

[UnleashRasmus]

They are trash, and have systematically killed the Sabres for their fanbase. Sell the team, you suck and aren't wanted here. /Close thread.

 

[OkimLom]

Damn, should've sold franchise to Trump.

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.

 

[Fjordy]

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 thought Trump was rich.

Pegulas are not hiring anyone to manage this mess themselves. We have been talking about this for years and nothing has changed, they think that they are the smartest and the best at understanding it, but they constantly fail.

 

[sabremike]

Remember when a group of fans tried to organize a protest outside the arena a few years back and sycophantic Quizzlings in our fanbase online did everything to wreck it and then celebrated when it flopped?

 

[TehDoak]

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.

 

[Jim Bob]

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.

The problem isn't as much with how much they are spending, but who they are spending it on, for me.

 

[Fjordy]

Yeap, we could have one of Ned, Hill or Vladar instead of Dell, it wouldn't cost the Pegulas a ton of money.

 

[joshjull]

Yeap, we could have one of Ned, Hill or Vladar instead of Dell, it wouldn't cost the Pegulas a ton of money.

I’m with you on Ned.

Hill on the other hand cost a 23yr old goalie prospect we don’t have and a 2nd.

I don’t see Vladar as much of an upgrade. He’s yet to show he can handle the NHL. He’s ahead of UPL development-wise but he’s two years older.

 

[May Day 10]

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.

Agree with this 100%. Especially the last paragraph.

The organization desperately needs a giant illuminated UNDER NEW MANAGEMENT sign in the front yard. This is less importantly for the perception of us fans, but for the perception of the NHLPA and the hockey community (potential managers, coaches, hockey dept personnel, etc).

This whole Kevyn Adams era is failing, has already failed, and is destined for more failure. Its just a matter of when the 'patience' and the 'cant fire people every 2 years' and 'continuity' crowd give way once again to turn up the heat to an unbearable level on the Pegulas.