WGRZ Reports Pegula Finalizing Purchase of Amerks

May 17, 2011 - By

In the past week things sure have gotten interesting and today WGRZ in Buffalo is reporting that Terry Pegula is in the final stages of purchasing the Rochester Americans.

Updated 6pm: My own sources have also confirmed this will happen. There’s a reason both sides are staying quiet at this time.

They wrote:

Negotiations have intensified over the past couple of weeks, and that the deal has either reached, or is close to reaching its conclusion.

The Sabres would offer no confirmation, but did reaffirm that they are “looking at all aspects of the organization, including the AHL affiliation long and short term.”

Sounds like it’s all but a done deal.  As long as they keep any type of Sabres logo off of the Amerks sweater and ice surface I’m all for it.  Pegula and his team understand the NEED TO WIN to be successful.

Just as Curt Styres stepped in to basically save the franchise he has continually face an uphill battle with the situation he was given.  Towards the end of this past season Lewis Staats had made a comment that when they started they would evaluate the business after three years.  I think this is a sign that they’ve seen progress over three seasons but at the same time don’t see it as a sound business investment.

Stay tuned!!

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