I think the premise is in this complicated transaction you have an immediate and NHL vetted buyer ready to take the Penguins off the hands of Fenway group.I'm not following the logic that Terry Pegula needs to come out of this still owning an NHL franchise
Fenway’s tapped in enough that it’s more than idle chatter but I wouldn’t hold my breath for a saleI don't think that is how sources work
If Fenway wasn't verified by the admins.....we wouldn't allow this post.I don't think that is how sources work
He seems to be a masochistic fan, the guy loves pain.And Terry Pegula is a long-time Sabres fan.
DN as part of the deal could maintain concessions in new arena or current one for years too.Remember we are talking about a franchise swap
Delaware North has built a goldmine in Boston but if a new Celtics owner decides to build a new arena all bets are off. Everyone assumes a new Celtics arena would be built 3 miles away next to the Encore Casino which in 5 years has become extremely successful. They DON'T advertise as they don't have to.
As others have said, this seems like a bit of a pipe dream. It's way too complicated. And Terry Pegula is a long-time Sabres fan. That said, he's also a billionaire businessman, so if the price is right, anything can happen. Maybe he'd be willing to take his payday and just concentrate on the Bills. Or maybe he'd retain a minority interest and let someone else buy the Pens.
(BTW, when I Iived in Buffalo briefly a long time ago, I was right around the corner from the intersection of Delaware Ave. and North St., in case people are wondering about that name.)
The Jacobs family is looking to sell high (Bruins/TD Arena) and buy low (Sabres/Keybank center).
They have the resources to easily pull this off. They have the local connection to Buffalo, as the two brothers running DN actually live in the area (and probably share our disgust with the past 14 years). If their new HQ is any indication of what's to come with a new arena, the Sabres could be on the verge of doing something great for the downtown area. And obviously shipping Pegula out for an ownership group that knows their limitations when it comes to running the day to day of a hockey team has me salivating at the mouth.
Fenway has laid out a win/win situation for all the parties involved. It's up to us fans to hammer home to Pegula that he is despised and needs to sell the Sabres before revenues plunge even further. Hopefully this clown gets the message and starts exploring his next hockey team in Pittsburgh.
Pegula needs to get out of his own way and make it happen.Yeah, I want this to be true. While some of the Bruins faithful may not like the Jacobs family, they have run one of the most consistent franchises for DECADES.
And I feel like it won't happen.