'"It's like a house closing, no big deal," Quinn told the media. "Initially what we'll have to do is get out to our fans about ticket pricing next year, some basic hockey decisions, prepare for the draft, some potential player transactions."' … [Read more...] about Sale of Sabres approved to billionaire Golisano
Archives for April 10, 2003
Sale of Sabres approved by judge
'Golisano's offer takes into account $45 million in assumed liabilities, up to $25 million in projected team debt this season and a $22 million concession loan. He is also offering to pay $2.5 million owed to unsecured creditors, despite not being legally bound to do so.' … [Read more...] about Sale of Sabres approved by judge
Forget the past, future looks good for Sabres
'Heading into next season, the Sabres have an intriguing mix of young talent and veteran savvy. They won’t be one of the NHL’s elite teams, but they could be a playoff contender.' … [Read more...] about Forget the past, future looks good for Sabres
Buffalo Sabres' year-end report
'Disappointments had to include the play of goaltenders Martin Biron and Mika Noronen. Neither goalie seemed to want to grab the starting job as his own, with both struggling at certain points of the season.' … [Read more...] about Buffalo Sabres' year-end report
Golisano gets step closer to completing deal for Sabres
'U.S. Bankruptcy Judge Michael Kaplan on Thursday morning approved an asset purchase agreement that will allow Golisano, founder and chairman of Paychex Co. in Rochester, to acquire the National Hockey League franchise. Golisano is paying $70 million for the team and retiring another $20 million in existing debts to buy the team. Closing, pending some final paper work, is … [Read more...] about Golisano gets step closer to completing deal for Sabres