Kukla's Korner Hockey
by @DaveDavisHockey on 02/01/11 at 10:19 AM ET
From The Buffalo News,
It appears the Buffalo Sabres will finally announce the sale of the team to Pennsylvania billionaire Terry Pegula on Thursday. No surprise there.
But here’s a stunning transaction they’ve never publicized: A contract extension was handed out some time last fall to embattled General Manager Darcy Regier, who was widely believed to be on his way out once Tom Golisano sold the franchise he purchased in 2003.
The News has learned Golisano gave Regier a two-year extension, a deal the team has never announced. The contract’s total value is believed between $2 million and $2.5 million.
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About Kukla's Korner Hockey
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.
Email Paul anytime at firstname.lastname@example.org