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Pegula Effect: Sabres fans showing optimism with their wallet

Jul 20, 2011, 8:57 PM EDT

Terry Pegula AP

Things are going pretty well in Buffalo’s corner of the hockey world these days. Ever since fan-turned-awesome-owner Terry Pegula took over the team, the future has looked a little brighter for the Sabres and their fans. At the trade deadline, GM Darcy Regier was a “buyer” for the first time in years as they acquired Brad Boyes and his $4 million contract. After the season, they picked up defensive stalwart Robyn Regehr in a salary dump from the Calgary Flames. The team continued when they went out and traded for the rights for Christian Ehrhoff, then dropped a 10-year contract that shocked people all over North America. To cap it all off on July 1st, the team landed Ville Leino with a 6-year, $27 million contract.

Just how much money have they spent? Let’s put it this way: they’re almost $3 million over the salary cap ceiling. Quite a change from the penny pinching ways of the past, isn’t it?

Predictably, Sabres fans in Buffalo are excited with what they’ve seen during the short Pegula regime. Today, the team announced that fans are showing their excitement with their hard-earned money as well. From the club press release:

“The Buffalo Sabres today announced the team has achieved a record renewal rate of 99% for their 2011-12 season tickets. As a result, season ticket sales have been capped at 15,200 tickets for the 2011-12 season. That total includes 100 new season tickets, which have been sold to members of the Buffalo Sabres Blue & Gold club.

Due to this extraordinary rate of renewal, the supply of tickets for the upcoming season will be much more limited than years past. The demand was so great that the Sabres will – for the first time in franchise history – cap the number of Mini-Packs at 3,500 accounts.

“We anticipate this year’s Mini-Packs will sell out quickly,” said John Sinclair, the VP of Ticket Operations & Services. “Those individuals that are currently members of the Blue & Gold Club will have the first opportunity to purchase tickets, as well as individuals who purchased Mini-Packs last season. At that point, it will move to the general public.”

The 99% renewal rate is a huge number when the rest of the Sabres attendance numbers are taken into account. Last season, they played to a 98.7% capacity rate as they averaged 18,452 fans per game. Buffalo’s home arena has an official capacity of 18,690 people per game (not counting standing-room-only crowds); so they’ve already been packing the place as it was. Twelve teams played to at least 100% capacity last season—the Sabres look to be a shoe-in to join the list next season.

Now that ownership has the Sabres as the hottest ticket in town, the next step is for the players to take care of their end of the deal. Fans will pack the HSBC Arena, but the new players will have to help the team capitalize on the buzz and take the next step in the standings. They have a competitive top 6 up front, a great top 4 on the backend, and an elite goaltender that will give them a chance to win every night. If they can put it all together, the Sabres should be an exciting team to watch next season.

As the Sabres let us know today, there will be plenty of people in the arena to watch it all go down.

  1. buffalo72 - Jul 21, 2011 at 5:40 PM

    i heart terry pegula

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