'Sources were telling the Buffalo sports media that doing so would help ease the transition for the prospective new ownership group headed by Mark Hamister. Why? Apparently under Chapter 11, certain management contracts could be voided. In other words, that long-term deal Regier has? Gone. Beyond that, even Ruff knows he’ll be fired as soon as Hamister and Sons (sorry, no sons puns intended) win approval from the league for the transfer of ownership.'
Sabres franchise looks headed to bankruptcy court
Source: Delaware County Times