Tuesday afternoon was the deadline for prospective buyers to submit their “indication of interest” for the NFL’s Buffalo Bills and, according to the Buffalo News, Sabres owner Terry Pegula officially threw his hat into the ring.
I can confirm that Buffalo Sabres owner Terry Pegula submitted the non-binding bid and notice of intent today for the Buffalo Bills.
Pegula, who made his fortune in the natural gas industry, purchased the Sabres in February 2011 and was immediately lauded for his spend-happy ways. Buffalo made huge splashes in his first free agent period as owner, inking Christian Ehrhoff and Ville Leino for a combined $67 million (Pegula would later sign off on compliance buyouts for both players.)
The 63-year-old’s foray into the sporting world wasn’t limited to just the NHL, however. A Penn State alumnus, Pegula donated $100 million to construct an on-campus facility — the Pegula Ice Arena — which opened in 2013 and currently houses the Nittany Lions’ hockey team.
As for Pegula’s interest in the Bills, here’s how the remainder of the process will play out, per USA Today:
The Bills’ trust will analyze the field and select a certain number of those initial bids. Those groups, or bidders, will then be able to gain access to more information about the team and move forward in the process.
Sports business expert and analyst Marc Ganis of the Chicago-based firm, Sportscorp, says this is a process which allows for the Bills to gain more access to the bidders’ financials as well. He says at the end of the day, the Trust will make their decision based on who is the “best top bid”.
“You will typically whittle the groups down to those that you think are the most serious, have the greatest ability and are going to pay the highest the highest price. And that last is really important.”
The Bills fanchise is for sale following the death in March of owner Ralph Wilson. It’s believed real estate mogul Donald Trump and musician Jon Bon Jovi have spearheaded groups that also put forth bids.
Not that long ago, the San Jose Sharks appeared well on their way to winning the Pacific Division title.
On March 14, they had a seven-point lead on both Anaheim and Calgary. Gone is that advantage. Not only have the Ducks surged back into the fight for the division, but the Sharks have lost five in a row and are having a terrible time of late creating any offense.
Their struggles hit a new low Friday with a 6-1 loss to the Dallas Stars, a team with its own flaws and nowhere close to a playoff position.
At one point midway through the second period, the Sharks trailed the Stars by four goals and had only six lousy shots on goal. During this skid, San Jose has scored only five goals.
Earlier this week, members of the Sharks said they weren’t terribly worried about this losing streak. The losses, they had said, were in close games, which is true: San Jose lost three consecutive one-goal games.
“When I look at the losing streak, we dominated some of those games for long periods and found ways to lose. You never like to lose, but I’m not that concerned,” Sharks coach Pete DeBoer told CSN Bay Area. “We’ve got to obviously end it. We’ve got to get healthy. I don’t see a bunch of symptoms of a team that can’t get this fixed pretty quickly.”
This, however, was a blowout. Adam Cracknell recorded the hat trick, pushing his single-season career-high in goals to 10.
The performance at one point forced DeBoer to take a timeout, in which he expressed his displeasure.
DeBoer calls timeout, and looks like he’s giving it to them pretty good.
Quite a hockey game between the New York Islanders and Pittsburgh Penguins on Friday.
It offered plenty to enjoy — Phil Kessel‘s dominant but unfruitful shift in overtime, a combined 86 shots on goal between both teams, a showcase of skill from the likes of John Tavares and Sidney Crosby, and two strong goaltending performances from Jaroslav Halak and Marc-Andre Fleury.
The Islanders and their fans probably aren’t hung up on style points at this juncture of the season. They just care about wins and points in the standings, and those are exactly what New York accomplished with a 4-3 shootout win in Pittsburgh.
Anthony Beauvillier and Tavares scored for the Islanders in the shootout. Halak made 37 stops, including a game-saver in overtime off Matt Cullen. Halak trapped the puck, which was right on the goal line, between his legs on a chance from in front. The play was reviewed but no goal.
The win gives the Islanders 82 points, which is the same total as the struggling Boston Bruins.
However, the Islanders, with one game in hand on the Bruins, take over the final wild card spot in the East for now.
Video: Friday night fights between Bolts and Red Wings
The NHL Players’ Association posted a note on its Twitter account on Friday saying it supports the U.S. players while panning USA Hockey’s bid to stock the team with replacements. The NHLPA says the decision to go with replacement players “would only serve to make relations, now and in the future, much worse.”
Earlier in the day, the MLB Players Association encouraged all women hockey players to stand united behind their national team colleagues.