NHL Officially Announces Sale of Sabres

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  • Typ0
    honey pie
    • Jul 2002
    • 32593

    NHL Officially Announces Sale of Sabres

    To the Hammister camp. Looks like the Sabres are staying in Buffalo.
  • Typ0
    honey pie
    • Jul 2002
    • 32593

    #2
    I could not find a link yet it was just released on TV.

    Comment

    • Ebenezer
      Give me a minute...
      • Jul 2002
      • 73867

      #3



      any confirmation...been listening to the radio and there is nothing yet...




      For all the education and practice each of us undergoes, the achievment of mastery is ultimately the outcome of a personal quest for understanding.

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      • clumping platelets

        #4
        It's all they're talkin' bout on Empire

        Comment

        • Ebenezer
          Give me a minute...
          • Jul 2002
          • 73867

          #5
          sorry, I'm at work...no TV...




          For all the education and practice each of us undergoes, the achievment of mastery is ultimately the outcome of a personal quest for understanding.

          Comment

          • The_Philster
            Registered User
            • Jul 2002
            • 52180

            #6
            You need to get a TV there......or can you listen to WNSA?
            The Buffalo Pro Cheer Blog...Positive coverage of Buffalo's Pro Cheerleaders since 2001!

            Comment

            • The_Philster
              Registered User
              • Jul 2002
              • 52180

              #7
              News conference tomorrow
              The Buffalo Pro Cheer Blog...Positive coverage of Buffalo's Pro Cheerleaders since 2001!

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              • Ebenezer
                Give me a minute...
                • Jul 2002
                • 73867

                #8
                Can't get a TV in here! I was on a conference call...

                Hamister gets the Sabres, the Bandits, control of the arena and already has the Destroyers...all he needs is a couple of restaurants and shops near the arena and he's all set...hey!! there is an idea!!




                For all the education and practice each of us undergoes, the achievment of mastery is ultimately the outcome of a personal quest for understanding.

                Comment

                • Typ0
                  honey pie
                  • Jul 2002
                  • 32593

                  #9
                  Bettman says the league feels the Hammister deal should be accepted and the timeframe to finalize the deal is the first quarter of 2003. That is pretty fast but not fast enough. It likely means we are stuck with Regier and Ruff until at least february. I doubt we will win a game in November. We may get one vicrory in December and January each. Oh my this team sucks.

                  Comment

                  • Typ0
                    honey pie
                    • Jul 2002
                    • 32593

                    #10
                    They said the monetary value was like 125 million. They did also say he got "control" of the arena. I doubt he will get ownership of it at that price though. Anyone know what is going on with that?

                    Comment

                    • Ebenezer
                      Give me a minute...
                      • Jul 2002
                      • 73867

                      #11
                      Paul Hamilton on WGR is reporting that the league leaked the story last night to get a bidding war going.

                      Hamilton reports:
                      1. Hamister came off much more professionally than Galisano.
                      2. Local officials wanted Hamister.
                      3. Galisano wanted Quinn in the group and the NHL was not thrilled with that.
                      4. It appears that Jeremy Jacobs recommended Hamister.
                      5. The sale price is probably between 60-70 million. The initial bid may have been as low as 50-55 million.
                      6. The league may have met with Rigas and Adelphia before the process to set a price that would make Adelphia go away or else the league would have told Adelphia to sue the team for the $155 million. This would have pushed the team to bankruptcy and Adelphia would have gotten nothing.
                      7. For now Regier and Ruff will stay in place during any transition and probably the year.




                      For all the education and practice each of us undergoes, the achievment of mastery is ultimately the outcome of a personal quest for understanding.

                      Comment

                      • Sabre Ally
                        Registered User
                        • Jul 2002
                        • 11682

                        #12
                        Eh, we may be stuck with them until February, but that's better than being stuck with them indefinitely! At least now we know that changes are presumably imminent.

                        Comment

                        • The_Philster
                          Registered User
                          • Jul 2002
                          • 52180

                          #13
                          The news conference is at 2 tomorrow on Empire. I'd imagine WNSA will simulcast the coverage.
                          The Buffalo Pro Cheer Blog...Positive coverage of Buffalo's Pro Cheerleaders since 2001!

                          Comment

                          • The_Philster
                            Registered User
                            • Jul 2002
                            • 52180

                            #14
                            Yep...they will. They just announced it on Empire Too bad I can't have a radio at the plant.
                            The Buffalo Pro Cheer Blog...Positive coverage of Buffalo's Pro Cheerleaders since 2001!

                            Comment

                            • Ebenezer
                              Give me a minute...
                              • Jul 2002
                              • 73867

                              #15
                              We will be listening!!




                              For all the education and practice each of us undergoes, the achievment of mastery is ultimately the outcome of a personal quest for understanding.

                              Comment

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