Pegula appoints himself NHL Sabres president, dissolves parent company that also oversaw NFL’s Bills

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Pegula appoints himself NHL Sabres president, dissolves parent company that also oversaw NFL’s Bills

The NFL’s Buffalo Bills and the NHL’s Sabres will operate as separate entities after the teams’ owner Terry Pegula dissolved their parent company on Monday.

Pegula appointed himself as Sabres president, a title he now has with both teams, and previously held by his wife. Kim Pegula has been unable to fulfill her duties while dealing with significant language and memory issues after going into cardiac arrest in June, 2022. “It is a great time to be a Buffalo sports fan and we have a tremendous amount of confidence that this restructuring will allow our businesses to continue to elevate with our teams,” Pegula said in a statement.The split comes as the Bills are four months into building a new stadium scheduled to open across the street from their existing facility by the 2026 season, and now projected to cost US$1.7-billion – up from the initial US$1.4-billion estimate when factoring in cost overruns.

 

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Pegula appoints himself Sabres president, dissolves company that also oversaw BillsThe NFL's Buffalo Bills and the NHL's Sabres will operate as separate entities after the teams’ owner Terry Pegula dissolved their parent company on Monday.
Source: Sportsnet - 🏆 57. / 59 Read more »