Giambra: Sabres might have to declare bankruptcySource: AP 'The prospect of bankruptcy is troubling in two ways. It could delay the sale of the team and potentially jeopardize the lease agreement, freeing up the possibility of the Sabres moving.' Related posts: Bankruptcy would test Sabres' arena lease Giambra: Sabres not going anywhere Bankruptcy would cut jobs but not service Major Investor May Help Save Adelphia Communications NHL to look into Sabres mess