via the Buffalo Sabres,

Owner Terry Pegula has been named President of the Buffalo Sabres. He will continue to work closely with COO John Roth leading the business side of the organization and general manager Kevyn Adams leading the hockey side of the organization.

In conjunction with these changes, Pegula Sports & Entertainment (PSE) will be separating resources between the Buffalo Bills and Buffalo Sabres, allowing each respective organization to focus singularly on their efforts.

"We are thankful for the work and effort so many individuals have put into PSE over the years, but feel it is the right time for them to return home to separate organizations," Sabres owner and president Terry Pegula said. "We feel that now is the right time to dissolve PSE and allow everyone to focus solely on their respective organization. It is a great time to be a Buffalo sports fan and we have a tremendous amount of confidence that this restructuring will allow our businesses to continue to elevate with our teams."

Pegula and Roth will continue to work collaboratively with the business leadership group at the Buffalo Sabres as they guide the organization towards its goal of winning championships.