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.
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.
It seems there will be no NHL comeback attempt by Alex Semin. At least not in 2016-17.
Instead, Semin has inked a one-year extension with Magnitogorsk Metallurg, according to Sport-Express writer Igor Eronko.
At 32 years old, Semin still could have a lot of years left in him as a professional hockey player, but at this point it wouldn’t be surprising if he has played in his last NHL game. Early in his career his talent was clear and demonstrated by some great showings offensively, but he was plagued by inconsistency. In recent years though, he wasn’t so much inconsistent as he was underwhelming.
After being limited to six goals and 19 points in 57 games with Carolina in 2014-15, the one-time 40-goal scorer was bought out of his five-year, $35 million contract just two seasons into it. Montreal took a chance on him for 2015-16, but he only appeared in 15 games with the Canadiens before they put him on unconditional waivers on Dec. 9.
He’s fared better in the KHL though, with five goals and 14 points in 20 regular season games followed by another seven markers and 15 points in 23 playoff contests.
PHT’s Morning Skate takes a look around the world of hockey to see what’s happening and what we’ll be talking about around the NHL world and beyond.
Among the 21 NHL.com and NHL Network experts offering their prediction for the Stanley Cup Final, 17 of them are choosing the San Jose Sharks. (NHL.com)
The majority of ESPN’s experts are also picking the Sharks. (ESPN.com)
For CBS Sports, Adam Gretz and Chris Peters are split on the outcome. (CBS Sports)
Tickets for the first Stanley Cup Final in San Jose appear to be going for significantly more than their Pittsburgh Penguins counterparts. (Pittsburgh Post-Gazette)
Inspired by John Scott‘s comments, here’s the start of a World Cup All-Snubs’ team. (TSN)
Peter DeBoer said that then New Jersey Devils GM Lou Lamoriello fired him from the Devils’ head coaching job late at night on Christmas. The news then broke on Dec. 26. (Tom Gulitti)
The Pittsburgh Penguins are Vegas favorites to win the 2016 Stanley Cup, but the odds lean toward a San Jose Sharks player capturing the Conn Smythe.
Bovada released a variety of odds on Sunday after others surfaced on Friday.
Joe Pavelski is pegged as a +400 favorite as a winner, edging some other top candidates such as Sidney Crosby, Phil Kessel and Matt Murray.
Here’s the full list:
Logan Couture +500
Martin Jones +600
Brent Burns +700
Joe Thornton +900
Evgeni Malkin +900
Kris Letang +1400
Bovada also released prop bets, including how long the series might last. Check that out here.