Thursday, December 2, 2010

what will terry pegula do as owner of the buffalo sabres?

(shrugs)...but as someone who recently gone through ownership changes in my business, it's safe to assume that terry pegula has an inner circle of people in whom he trusts and pretty sure that larry quinn and dan dipofi are not a part of that inner circle as of right now...could they be?...possibly...but those are tom golisano's men, not pegula's, and no matter what's been mentioned about golisano "taking care" of quinn and making him a part of the deal, i can't see it happening...this is big-time, and you go with whom you've known and in whom you trust...right or wrong...

at $175m (if this pricetag is true,) we're talking about a major acquisition at a price that's either at market value or slightly above...golisano pulled a classic "buy low, sell high" business maneuver and will reap the financial benefits from having the money to seize upon the opportunity that was afforded him...for his part, pegula would own a sabres franchise that, because of the (possible) $175m price, is really at its peak...right now...the only way to really increase the value of the franchise is to....win the cup...or better yet cups, plural...

if everythings that's been said about pegula is to be believed, then buffalo fans should take to heart that this self-described "rink-rat" with a passion for hockey and a genuine attachment to the buffalo area is more interested in winning the cup, than making a huge profit...

that being said, if winning a stanley cup (or cups) is the driving force behind the purchase of the sabres, i'm not sure larry quinn's the man to take helm as a sr. vp of hockey operations...after all, quinn is ultimately responsible for the lack of a championship over the past seven seasons--and especially the last four, where he oversaw the debacle that was july 1, 2007 and the ensuing status-quo approach since...it was quinn who promised a "thorough review of the organization from top to bottom" in 2009 after a second-straight non-playoff season and nothing of significance happened...he also mentioned that changes were coming after last season's first round exit...yet nothing of real significance happened...

he got tom golisano to open his wallet and stabilize the franchise...yet his legacy will be more about a mediocre team with some innovative marketing which kept the sabres in the black...not the type of guy i'd want to help bring a cup or cups to buffalo

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