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Entries with the tag: nhl executive committee
from The Buffalo News,
RALEIGH, N.C. — Billionaire businessman Terry Pegula today is expected to take a major step toward buying the Buffalo Sabres when he meets with the NHL executive committee during All-Star Weekend. He will outline his plans to purchase the franchise for $175 million.
The presentation before the panel is considered one of the last hurdles he must clear before officially assuming ownership from Rochester billionaire Tom Golisano. Pegula is expected to be approved by the executive committee over the next several days before the purchase is voted upon by the full NHL board of governors in the next few weeks.