Hey Terry, Do Us A Favor and SELL

[TehDoak]

Fenway Sports Group already owns the Penguins.

Right. I meant a situation similar to that for the Sabres.

 

[HogtownSabresfan]

I really doesn’t help.

Since the Bills were bought with cash and have no debt to service. They are able to access up to 700 million against the team. Which is the max amount of debt allowed by the NFL for existing owners. So no, the entire value of the Bills is not “tied up”.

Also you need to stop using cash and liquidity interchangeably. Liquidity isn’t just cash on hand. It also assets that can be quickly converted to cash. In the Pegula’s case that would be the 700mil I just mentioned and the 2+billion of their net worth outside of Bills/Sabres. Thats a decent amount of liquidity.

If the current reporting is accurate, the Pegula’s share of the stadium costs are almost 700mil. They can either take out loans or bring on investors to pay for that. They chose investors and keeping the team debt free. I can’t think of why they would deplete their cash reserves to pay for a project like this.

Lets be honest, Your initial posts made it pretty clear it never even occurred to you that they were doing this to pay for the stadium. You went right to your little conspiracy that the Pegula’s are strapped for cash. All their businesses are failing, blah blah blah.

How do you know the $2 B of net worth is liquid? I thought he owned a lot of real estate beyond sports.

 

[Chainshot]

Still applies.

 

[sabremike]

We need a Tom Dundon more than anything.

 

[MOGlLNY]

We need a Tom Dundon more than anything.

Carolina wins in spite of Tom Dundon not because of him lol. The second Carolina stops winning they will have major problems with him as the owner.

We need someone who will write the checks and go away.

 

[sabremike]

Carolina wins in spite of Tom Dundon not because of him lol. The second Carolina stops winning they will have major problems with him as the owner.

We need someone who will write the checks and go away.

They were literally one of the deadest franchises in the league under Peter The Pig and now they are one of the strongest.

 

[Dubi Doo]

Still applies.

It's wild to think how much hope I had for this franchise after his first speech. Fans don't make good owners, I suppose. Remember the momentum the team had after he took over? Pretty sure they were out of a playoff spot that year, then rallied to one. They had hope, then it just turned to shit.

 

[My Cozen Dylan]

We need a Tom Dundon more than anything.

No, we need a Bill Foley.

Win at all costs, like you won't see tomorrow. To hell with the salary cap and long-term potential consequences.

 

[5 Minute Major]

Pegula had the potential to be a good owner. He had the deep pockets and the want to win.

The problem is he has zero hockey smarts and thinks he’s Punch Imlach.

 

[My Cozen Dylan]

Someone give Chris Sacca and Jeff Gundlach a call.

 

[Taro Tsujimoto]

"The Buffalo Sabres' reason for existence is to win the Stanley Cup be the other 31 teams' punching bag."

 

[slip]

Someone give Chris Sacca and Jeff Gundlach a call.

Love me some Bond King.

 

[buffalowing88]

Just to clarify, the Pegulas, who put a literal clause into their negotiations to keep the team in Buffalo, are the bad guy?

Our owners are stupid. Our owners are out of touch atm. But I do not think we should just banish them if we want to keep an NHL team in Buffalo.

Pegula DOES spend money on this roster. He has tried multiple times to rectify this situation and failed more often than not,,but he has tried.

I really think at this point that it's just a organizational stink that isn't going to be resolved until the team moves.

Just let these guys get a fresh start. It is simply not happening here under the specter of this drought.

 

[Chainshot]

Just to clarify, the Pegulas, who put a literal clause into their negotiations to keep the team in Buffalo, are the bad guy?

Our owners are stupid. Our owners are out of touch atm. But I do not think we should just banish them if we want to keep an NHL team in Buffalo.

Pegula DOES spend money on this roster. He has tried multiple times to rectify this situation and failed more often than not,,but he has tried.

I really think at this point that it's just a organizational stink that isn't going to be resolved until the team moves.

Just let these guys get a fresh start. It is simply not happening here under the specter of this drought.

I look at the Huizinga and then Cohen owned Panthers or the Koules owned Lightning and see bumbling idiocy that the next owner overcame and in short order. Same with getting Wang out with the Isles. It's possible. It isn't about money spent it's the constant, constant lack of actual experienced hockey people to make the GM hiring decisions and then the near complete lack of quality hockey minds around the team. It's the owners and it is fixable.

 

[sabremike]

I look at the Huizinga and then Cohen owned Panthers or the Koules owned Lightning and see bumbling idiocy that the next owner overcame and in short order. Same with getting Wang out with the Isles. It's possible. It isn't about money spent it's the constant, constant lack of actual experienced hockey people to make the GM hiring decisions and then the near complete lack of quality hockey minds around the team. It's the owners and it is fixable.

Wang was a literal batshit crazy lunatic whose insanity was legendary and was stuck in a horribly outdated money pit of an arena with the worst lease in the history of pro sports and was still a million times more successful than Pegula as an owner (and unlike the bullshit claims about Terry saving the Sabres Wang literally saved the Isles).

 

[Fjordy]

Sell

 

[HaNotsri]

I'm ok with a medling owner as long as the owner learns. Terry doesn't

 

[May Day 10]

Just to clarify, the Pegulas, who put a literal clause into their negotiations to keep the team in Buffalo, are the bad guy?

Our owners are stupid. Our owners are out of touch atm. But I do not think we should just banish them if we want to keep an NHL team in Buffalo.

Pegula DOES spend money on this roster. He has tried multiple times to rectify this situation and failed more often than not,,but he has tried.

I really think at this point that it's just a organizational stink that isn't going to be resolved until the team moves.

Just let these guys get a fresh start. It is simply not happening here under the specter of this drought.

"Hiring" kevyn adams from the jr sabres to gm like a contest winner is not trying.

A franchise in constant disarray not even conducting a coaching search in several years, since they hired *checks notes Ralph Krueger isn't trying. Hiring lindy Ruff is only comfortable for ownership so he can continue to pee on the franchise.

Forcing the "new" coach to keep the obviously unqualified and failed assistants isn't trying. Seth appert has zero business behind a pro bench. He is being groomed as our next "no search" head coach. Not trying.

Seeing what has become of this once proud, once relevant franchise is sad. Terry pegula refuses to try. Trying would be to do the obvious. Write a check, check his ego, provide autonomy, and hire someone with credibility and track record to run the show and build a hockey program.

I don't doubt that pegula wants to win. He just wants to win under his own parameters, which all restrict the ability to succeed. This whole thing is a giant stall tactic because pegula thinks they will certainly be a contending team at some point in the future if he sticks to his guns.


Everyone's, even adams talking goal isn't even that lofty. "Make the playoffs". All you have to do is manage to not be in the bottom half of the league. One year they even had 24 of 31 teams in. They constantly fail at it. If you're trying, and can't even be average, then there are systemic issues not being dealt with.
The bad part though, adams is claiming nobody will come to Buffalo. They should look in the mirror and revise the statement to "nobody wants to play for our organization"

 

[debaser66]

Seems like he gets always fooled by people with good rhetorics who have zero substance like Krueger or Adams

 

[BFLO]

Seems like he gets always fooled by people with good rhetorics who have zero substance like Krueger or Adams

And Rex Ryan.

 

[TehDoak]

Seems like he gets always fooled by people with good rhetorics who have zero substance like Krueger or Adams

Terry Pegula is 73.

He bought the Sabres when he was 60.

He has zero experience in sports and started a large company and was able to build enough to be worth 4.7B.

My guess is he found the most success with loyalty and people who were able to make him feel involved. Based on his hires, I think he has strived to find collaborative partners rather than the typical managers.

It's why Beane has been successful (he's been able to earn Terry/Kims trust while making them feel involved in the process)

The people he's complained about are people who want control. Tim Murray specifically (he stated in his exit press conference he would never cede that much control again)

Most of the people that have experience will want autonomy that he doesn't appear to be willing to give. The Adams hire very much felt like he was giving his opinion on the value of experience at the NHL manager level, which is that anyone could do it.

I think the big issue is that after Botterill refused to be the ax man during the pandemic, Krueger convinced him that they (Krueger and Terry) could do it together. Adams was brought in because he'd do what he was told. After it crashed and burned, I think the Pegulas felt so dismayed by it (followed by their franchise player telling them he wanted out), they let Adams just run with it. Combine that with the Bills taking off to contender status, their daughter becoming a tennis pro, and then Kim's health issues, the Sabres became the forgotten step child. Spending was cut to the bare minimum. Adams bumbled along with no real guidance or assistance other than a budget mandate.

From an outsiders perspective, it appears the Pegulas simply don't have the bandwidth to run two professional franchises and a professional tennis career in the family style small business they want to. They either need to find a seasoned executive for the Sabres and become a silent partner and focus on their other interests or outright sell to someone with the bandwidth needed to run a pro sports team.

 

[5 Minute Major]

I can only imagine how toxic it is about to become between the organization and the fans. The fans will be scolded if the booing starts….and all we want is some competitive hockey. Like a legitimate chance to make the playoffs in mid to late March. I don’t think that’s asking too much after the last 13 years of watching and supporting this team.

 

[slip]

Pegula is the poster child that in business, your success is equal part skill and luck. Except many of those who make it ignore the luck part and attribute their success to all skill. A hubris emerges, and they think their success in one domain (fueled by luck) can be applied to any domain via their perceived skill set and management style.

And then reality bitch slaps them across the face to remind them it’s more luck than they want to admit, and their skill set in one domain crumbles in another. Some learn, adapt, and grow. Others spend 14 years doing the same stupid shit over and over.

 

[stealth1]

Terry Pegula is 73.

He bought the Sabres when he was 60.

He has zero experience in sports and started a large company and was able to build enough to be worth 4.7B.

My guess is he found the most success with loyalty and people who were able to make him feel involved. Based on his hires, I think he has strived to find collaborative partners rather than the typical managers.

It's why Beane has been successful (he's been able to earn Terry/Kims trust while making them feel involved in the process)

The people he's complained about are people who want control. Tim Murray specifically (he stated in his exit press conference he would never cede that much control again)

Most of the people that have experience will want autonomy that he doesn't appear to be willing to give. The Adams hire very much felt like he was giving his opinion on the value of experience at the NHL manager level, which is that anyone could do it.

I think the big issue is that after Botterill refused to be the ax man during the pandemic, Krueger convinced him that they (Krueger and Terry) could do it together. Adams was brought in because he'd do what he was told. After it crashed and burned, I think the Pegulas felt so dismayed by it (followed by their franchise player telling them he wanted out), they let Adams just run with it. Combine that with the Bills taking off to contender status, their daughter becoming a tennis pro, and then Kim's health issues, the Sabres became the forgotten step child. Spending was cut to the bare minimum. Adams bumbled along with no real guidance or assistance other than a budget mandate.

From an outsiders perspective, it appears the Pegulas simply don't have the bandwidth to run two professional franchises and a professional tennis career in the family style small business they want to. They either need to find a seasoned executive for the Sabres and become a silent partner and focus on their other interests or outright sell to someone with the bandwidth needed to run a pro sports team.

As someone who's a Sabres fan and not a big NFL fan, I wish he never bought the Bills. Ever since as you said, they have been the focus. It's hurt the Sabres big time.

I will add though I don't fully blame those who are running the Sabres right now for all the failure. IMO the biggest reason for the drought is Pegula and not trusting people. A lot of that goes back to when he first bought the team. They spent big bucks in free agency and it didn't work. Then he hired hockey people to run the team with Murray and Botteril and that failed.

Due to that he went with people he knew and trusted regardless if they could do the job. To me is sounds a lot like when Ralph owned the Bills.

 

[MarkusKetterer]

I can only imagine how toxic it is about to become between the organization and the fans. The fans will be scolded if the booing starts….and all we want is some competitive hockey. Like a legitimate chance to make the playoffs in mid to late March. I don’t think that’s asking too much after the last 13 years of watching and supporting this team.

f*** booing. Throw wings on the ice