Rumor: The Jacobs Famly (Delaware North) wants to buy the Sabres but it gets complcated
- Thread starter Fenway
- Start date
Much of this depends on the health of Jeremy Jacobs who hasn't been seen in 2 years. JJ was invisible during the Bruins Centennial 2 weeks ago. He has always said the Bruins will not be sold while I am alive but my kids can do what they want after I am gone.
The unexpected sale of the Celtics is fueling this.
Chaos2k7
2024 Stanley Cup Champions! 🏆
Delaware North has given the Celtics free rent for 30 years to prevent them from building a competing arena.
The Bruins are owned by the family and TD Garden is owned by Delaware North which on paper should be one and the same but that is not how they operate.
We don't know Jeremy “Jerry” M. Jacobs Jr. and Louis “Lou” M. Jacobs at all as they stay in Buffalo running the rest of the company. Charlie Jacobs is the only family member who moved to Boston.
We know the current Celtics lease expires in 2036 but if the team is sold a new owner can opt out. Right now TD Garden is one of the busiest arenas in North America but losing the Celtics as a tenant would be a problem.
Now who winds up with the Celtics is a huge part of the puzzle. Some believe Fenway Sports Group bought the Penguins to get the Bettman secret handshake. Jeff Bezos seems to have an interest in the Celtics but who knows??
Delaware North would be the logical buyer but they most likely can't afford it as this sale looks to be somewhere between 5 and 6 billion. Meanwhile, Pegula is dealing with escalating costs for the Bills' stadium and the future of KeyBank Center.
55 years ago Jacobs should have been the owner of the expansion Sabres but he was radioactive then because of the way his father ran the business. He deferred to the Knox Brothers who were pillars in WNY but as it turned out not as wealthy as people thought.
Tuomio
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- Dec 19, 2024
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Pegula is the biggest reason for the pain we have to endure.
Fjordy
Never lost a fair game or played one
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Fjordy
Never lost a fair game or played one
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Owner of FSE. Got sent this picture I believe that’s him on the end. @Fenway maybe I'm / they are mistaken? Seems too good to be true
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Fjordy
Never lost a fair game or played one
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My Cozen Dylan
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Still seems odd based on this rumor. FSG shouldn’t be involved in the Amerks at all, no?
I imagine trading hands of all these entities requires looking at all options. What Pegula owns is a package of the Sabres and Amerks. I believe it's called WNY Hockey Company or something like that.
Probably getting an idea of value IF it's him and IF the rumor is true.
Fjordy
Never lost a fair game or played one
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I thought it was Appert at first, but it wasn't. But these guys don't look like regular fans or scouts.
My Cozen Dylan
Registered User
I think it’s interesting that absolutely nobody in the media has this story.
Then again, IIRC, Pegula buying the team came out of nowhere and the deal was basically done by the time anyone knew about it.
Then again, IIRC, Pegula buying the team came out of nowhere and the deal was basically done by the time anyone knew about it.
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Is that Gary Bettman sitting in next row above?
Damn this is a juicy rabbit hole and precisely the distraction we need.
Beerz
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Fjordy
Never lost a fair game or played one
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Beerz
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Smitty93
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That does look like him. But who knows? Graying hair and black rimmed glasses in a suit could be a lot of people.
My Cozen Dylan
Registered User
No it is we’ve decided
Beerz
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