Post by mscaniac on Dec 8, 2008 11:09:39 GMT -5
First I have heard of this possibility..
Quote:
REPORT: GOLISANO LISTENING TO OFFERS FOR SABRES
TSN.ca Staff with Files
12/8/2008 10:16:14 AM
A story to be released in Western New York Hockey magazine later this week says that Buffalo Sabres owner Tom Golisano is looking to sell the NHL club.
The report, citing an unnamed source, says that talks are in the exploratory stage and that Golisano is listening to offers.
The story also says that Sabres minority owner Larry Quinn is actively looking to find a buyer, and that Research in Motion co-founder Jim Balsillie has been approached.
Balsillie has been pursuing an NHL franchise for some time, coming up empty in plans to acquire the Pittsburgh Penguins and Nashville Predators. Balsillie's $220 million offer for the Predators fell through in 2007 after he started taking season ticket deposits in Hamilton. Balsillie also made a bid to purchase the Penguins in 2006, but withdrew it after receiving notice from the NHL that the league would restrict his control over the team.
Balsillie also reportedly approached Golisano about a potential sale of the Sabres last December, only to be turned down.
The Western New York Hockey magazine article adds that a deal could be struck where the Sabres play part of their home schedule at Hamilton's Copps Coliseum.
The news comes just as the league's Board of Governors are set to meet in Palm Beach, Florida. The crumbling economy is expected to be the top issue for discussion amidst speculation that several NHL owners are struggling with rising costs.
Files from WROC-TV in Rochester, NY and rochesterhomepage.net were used for this report.
Quote:
REPORT: GOLISANO LISTENING TO OFFERS FOR SABRES
TSN.ca Staff with Files
12/8/2008 10:16:14 AM
A story to be released in Western New York Hockey magazine later this week says that Buffalo Sabres owner Tom Golisano is looking to sell the NHL club.
The report, citing an unnamed source, says that talks are in the exploratory stage and that Golisano is listening to offers.
The story also says that Sabres minority owner Larry Quinn is actively looking to find a buyer, and that Research in Motion co-founder Jim Balsillie has been approached.
Balsillie has been pursuing an NHL franchise for some time, coming up empty in plans to acquire the Pittsburgh Penguins and Nashville Predators. Balsillie's $220 million offer for the Predators fell through in 2007 after he started taking season ticket deposits in Hamilton. Balsillie also made a bid to purchase the Penguins in 2006, but withdrew it after receiving notice from the NHL that the league would restrict his control over the team.
Balsillie also reportedly approached Golisano about a potential sale of the Sabres last December, only to be turned down.
The Western New York Hockey magazine article adds that a deal could be struck where the Sabres play part of their home schedule at Hamilton's Copps Coliseum.
The news comes just as the league's Board of Governors are set to meet in Palm Beach, Florida. The crumbling economy is expected to be the top issue for discussion amidst speculation that several NHL owners are struggling with rising costs.
Files from WROC-TV in Rochester, NY and rochesterhomepage.net were used for this report.