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Revisiting one burning question about Terry — why did he buy the Sabres?


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  • 3 weeks later...
Posted

Surely there was a way to post that without resurrecting this thread.

It's perfectly relevant. What drives these owners?

 

But you are probably right. I will re-open the meddling thread.

  • 3 months later...
Posted

This caught my eye: Buying an NFL team has reportedly increased the Pegulas' wealth.

 

http://www.newyorkupstate.com/buffalo-bills/index.ssf/2016/03/buffalo_bills_and_sabres_owner_terry_pegula_moves_up_forbes_list_of_billionaires.html

 

Guess he needn't drill another well. Then again, he may have more worth, but he's for sure a whole lot less liquid now.

Posted

This caught my eye: Buying an NFL team has reportedly increased the Pegulas' wealth.

 

http://www.newyorkupstate.com/buffalo-bills/index.ssf/2016/03/buffalo_bills_and_sabres_owner_terry_pegula_moves_up_forbes_list_of_billionaires.html

 

Guess he needn't drill another well. Then again, he may have more worth, but he's for sure a whole lot less liquid now.

He can do what every 1%er heavy in capital does. Borrow against it. No income taxes that way.

This topic is OLD. A NEW topic should be started unless there is a VERY SPECIFIC REASON to revive this one.

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