TehDoak
Chili that wants to be here
I don't think he is selling, BUT, if he were, i do not think the team leaves Buffalo. I don't think the NHL would actually allow it, nor think it's in the best interest of the NHL to have one of the top two NHL viewer markets NOT have a home town team.
What are the Sabres worth? And does Josh Allen have enough liquidity to buy them?
The NHL's biggest thing is it protects is franchise values.
The fact that franchise values essentially have skyrocketed over the past few years means teams can stomach losing cash up front when the teams aren't great. Most small to mid market teams lose money unless they win a playoff round or two. The revenue model is designed that teams spend, on average, to the midpoint. And that includes all the teams. So when a small market team spends to the cap....its losing money.
The sabres aren't losing money. They are absolutely bleeding it. 80% attendance with the need to have promotions constantly to get to that is bad. I'd wager they are losing 20-30M per year on this team. Maybe more. If they were to be sold out nightly and have a playoff round consistently, they'd probably be close to breakeven.
And the fact the arena needs a massive renovation is bad too.
All that being said....the NHL, especially with expansion on the horizon, isn't going to want to sell for less than 1 Billion. Ottawa sold for 950M. Arizona went for 1.2B.
The reality is, I don't think they will be able to get that from a local buyer. Which means, selling is going to be a difficult proposition.