TBN: Terry Pegula has more cash on hand after $1.75 billion sale of oil acreage

kenfury

Registered User
Feb 5, 2011
2,366
279
I still dream of a combined downtown complex of casino, hockey, and football extending off downtown to the perry projects.
 

Zip15

Registered User
Jun 3, 2009
28,121
5,401
Bodymore
Oh, thank God. I was worried he was going to run out of that first $4 billion. This absolutely changes how the team will operate going forward.

:snide:
 

vcv

Registered User
Mar 12, 2006
18,403
2,904
Williamsville, NY
Oh, thank God. I was worried he was going to run out of that first $4 billion. This absolutely changes how the team will operate going forward.

:snide:

I think this is just him liquidating some of his $3B+ in assets, but I'm really not sure if leases for land counted towards his assets/net worth. Not sure how much of the $1.75B of this he gets directly.
 

Buffaloed

webmaster
Feb 27, 2002
43,324
23,585
Niagara Falls
Pegula keeps his cards close to the vest, but it sounds like he has his sights set on building an empire.

The family created Pegula Sports and Entertainment to pull subsidiary properties under one umbrella. The group was created several months ago, but hadn't been staffed until recently.

Pegula Sports and Entertainment oversees the Sabres, HarborCenter, First Niagara Center, Rochester Americans, Buffalo Bandits, Black River Entertainment and Black River Publishing (a country music record label and publishing company based in Nashville), Five Star Athletes Management (an NFL player representation agency in Atlanta) and Impact Sports Performance (a fitness company in Boca Raton, Fla.).

http://bills.buffalonews.com/2014/0...pegulas-posture-sources-indicate-wants-bills/
 

Karate Johnson*

Guest
He should buy The Buffalo News first, close it and fire all the garbage reporters that talk **** about him.

Then buy the Bills without the headache of poorly written criticism of his every move.
 

Insomniac99

Registered User
Oct 26, 2006
2,285
166
Orchard Park, NY
He should buy The Buffalo News first, close it and fire all the garbage reporters that talk **** about him.

Then buy the Bills without the headache of poorly written criticism of his every move.

Then he could get rid of that ridiculous "10 articles left!" nonsense they have on that site. All they're doing is hammering nails in their own coffin. Not to mention you can bypass that with a single keystroke.
 

Ad

Upcoming events

Ad

Ad