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Controversy Surrounds Sabres Prospective Owner

As you know, I don’t play the political game here but felt it was necessary to let readers know about this topic.  As always feel free to express your opinion and make sure to check out the comments from readers at the Buffalo News.

from James Heaney of the Buffalo News,

In the course of making his fortune, the Florida billionaire negotiating to buy the Buffalo Sabres contributed heavily to politicians in a position to advance his business interests and established a less-than-stellar track record in the environmentally dicey business of drilling for natural gas, The Buffalo News has found.

A News review of compliance records found East Resources, the company Terrence M. Pegula sold last summer for $4.7 billion, had a middling record of complying with environmental regulations in Pennsylvania, his base of operations. The company last year paid the largest regulatory fine in its history and was involved in a spill of toxic wastewater that resulted in the first quarantine of cattle in the history of natural gas drilling in the state.

continued

Filed in: NHL Teams, Buffalo Sabres, | KK Hockey | Permalink
  Tags: terry+pegula

Comments

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I like this guy.  Impressive resume.  He knows how to run a business!!!  Sabres fans are a lucky group.  I’m sure they’ll be a success both on and off the ice.

Posted by RogerNYLA on 01/31/11 at 05:00 AM ET

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So this is the guy responsible for that sticky film of white powder that has me brushing my teeth with bottled water. What a swell guy.

Posted by StevieSteve on 01/31/11 at 06:00 AM ET

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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.

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