Feb 18, 2011, 9:04 PM EST
Terry Pegula’s journey to become the new Buffalo Sabres owner might be in “mere formality” mode, but surely they hope to get it done sooner rather than later. Especially when you consider the fact that the still-very-much-in-it team finds itself only 10 days away from the trade deadline.
Joe Buscaglia of WGR 550 points to a “high ranking league source” who said that the NHL Board of Governors officially approved the sale of the team to Pegula, with an official announcement reportedly coming Tuesday.
As we discussed a couple weeks ago, the team already announced the sale of Pegula for a total of $189 million (including some debts), but it couldn’t be set in stone until the league’s big wigs gave it the thumbs up.
This ownership change comes at a nice time for Buffalo, as the new owner can support (or deny) moves made by the Eastern Conference bubble team during the deadline. We’ll let you know if anything changes, but it appears that the hockey-loving billionaire will indeed be the Sabres’ new owner.
- Steve Moore remains shocked, disgusted about Todd Bertuzzi attack 0
- Canucks’ Kassian gets three games for boarding Dillon 19
- TGIF: Why Lightning fans can be upset with St. Louis 27
- Goalie nods: Luongo’s first game back with Panthers, Neuvirth makes Sabres debut 9
- Report: Kuznetsov terminated KHL deal, headed to Washington 20
- Canucks’ Bieksa: ‘If this isn’t rock bottom, I don’t know what is’ 34
- Luongo has Twitter fun at Canucks’ expense 35
- Sabres spoil Callahan’s Lightning debut, Stamkos’ return 7
- Dealing with the Devils: NHL reverses Kovalchuk punishment 47
- Playoff bubble watch — Rangers edition 14
- Canucks trade Luongo to Panthers (93)
- BLOCKBUSTER: Lightning trade St. Louis to Rangers for Callahan (82)
- Kings make splash, acquire Gaborik from Columbus (72)
- Report: Canucks want center, top prospect and first-rounder for Kesler (68)
- Sabres announce Pat LaFontaine resigns as president of hockey operations (66)