The owners of the Pens never paid Lemieux , they signed him to a rich contract and never paid him, he got the team for what they owed him plus he incurred the outstanding debt. They paid nothing in player salaries for years, blackmailed the city, county and state for a new arena. Where the worst team for a decade, but your right, they never tanked.
They just robbed the fans and Lemieux for a decade and left a bankrupt team. The entire region raised taxes to keep the Pens, but that is way more morally correct than what the Sabres are doing.