'The request for an additional line of credit was not unexpected. Judge Michael J. Kaplan granted the Sabres up to $25 million in debtors-in-possession financing when he approved an initial $10 million line of credit after the team filed for Chapter 11 bankruptcy protection last month.' … [Read more...] about Sabres seek OK to pay players' bonuses, $15 million credit line
Archives for 2003
Sabres' Gratton cleared to play
'Gratton, the Sabres' second-leading scorer with 14 goals and 38 points, had four goals in the three games before he got hurt.' … [Read more...] about Sabres' Gratton cleared to play
Players pay the price for loss
'"I don't think you ever look forward to something like that," Biron said. "When you give up 11 (goals) and score three in the last three games, it's unacceptable. You've got to do something, and that was the remedy to it, I guess."' … [Read more...] about Players pay the price for loss
Is the power elite leery of Golisano?
'Golisano - through his political campaigns - has made political enemies of Gov. George E. Pataki, County Executive Joel A. Giambra and other local politicians, especially Republicans. Some of Golisano's local allies, particularly former Erie County Democratic Party chairman G. Steven Pigeon, come with their own political baggage and serve as lightning rods for … [Read more...] about Is the power elite leery of Golisano?
Sabres alumni take on Olean squad
'Buffalo Sabres alumni will take on a team representing the Southern Tier Regional Emergency Services Squad at 3 p.m. March 2 in the William O. Smith Recreation Center.' … [Read more...] about Sabres alumni take on Olean squad
Area would benefit if Golisano bought Sabres
'He hopes to own both the Sabres and the Amerks.' … [Read more...] about Area would benefit if Golisano bought Sabres
Biron, Naslund lead clutch rankings for January
'"Right now, (Biron is) playing up to his potential and it's great to see," said Satan. "Now, it's just a matter for him to maintain that level of play."' … [Read more...] about Biron, Naslund lead clutch rankings for January
Committee suspends efforts to sell Sabres tickets
'The partnership formed ''Business Backs the Sabres,'' a committee to sell Sabres season tickets in October. The group switched its attention to selling individual games in December after it sold the equivalent of 233 season tickets, short of its goal of 3,200.' … [Read more...] about Committee suspends efforts to sell Sabres tickets
Believe it, the Sabres really could move
'But ask yourself this. Is Adelphia, in such desperate need of capital, going to sign off on a sale in which it receives virtually none of what it's owed? Do you really think a bankrupt national cable company, on the brink of collapse, cares whether the Sabres stay in Buffalo? Its only interest is getting as big a payment as possible for the sale, no matter where the … [Read more...] about Believe it, the Sabres really could move
Devils' firepower too much for Sabres
'The Devils entered the game with the fewest goals allowed in the NHL (96). The Sabres entered with the fewest goals scored (109). Add those together and what do you get? A backup goalie for the home team.' … [Read more...] about Devils' firepower too much for Sabres
Golisano says talks with NHL under way
'Golisano said that before any purchase plans can go forth he wants more information about existing loans, financial statements for the year and how much money has been spent keeping the team afloat this season.' … [Read more...] about Golisano says talks with NHL under way
Partnership puts Sabres ticket campaign on hold
'The committee fell far short of its goal of selling 3,200 season tickets. Business Backs the Sabres had sold the equivalent of 227 season tickets as of Dec. 6, its last announced count.' … [Read more...] about Partnership puts Sabres ticket campaign on hold
Blame game doesn't help City Hall
'Let's face it. "No Goal" doesn't look so bad when stacked up against "No Sale."' … [Read more...] about Blame game doesn't help City Hall
Hammering out real worth of Sabres
'We've got a money-bleeding hockey team in a money-bleeding arena in a small market in a second-tier sport whose economics are out of control.' … [Read more...] about Hammering out real worth of Sabres
No goal
'Rochester billionaire B. Thomas Golisano now stands as the best hope for a Sabres deal, but he has done little so far to inspire confidence. There are few details on any current bid, and the structure of the last one almost guaranteed rejection by the financial referees tasked with protecting Adelphia's creditors. Golisano's first job is to avoid the kind of … [Read more...] about No goal