Buffalo Sabres Owner

Last Modified Oct 5, 2024 15:15 GMT
Carolina Panthers v Buffalo Bills
Terry Pegula

The Buffalo Sabres are an NHL team home to Buffalo, New York. They compete in the NHL as a part of the Atlantic Division of the Eastern Conference. The team was established in 1970 as an expansion team of the league along with the Vancouver Canucks. They host their home games at the KeyBank Center.

As of October 2024, the Sabres have not won any Stanley Cup championships. However, they reached the playoff finals twice in 1975 and 1999. The Sabres have captured three Conference Championships and six Divisional Championship titles. They hold the unfortunate distinction of being the longest-active team in the NHL with a playoff drought, missing 13 straight playoff seasons. Terry Pegula has been the owner of the Sabres since 2011. Other key members are general manager Kevyn Adams and head coach Lindy Ruff.

Who is the owner of the Buffalo Sabres?

The Buffalo Sabres is owned by an American billionaire businessman Terry Pegula. He was born on March 27, 1951, and made his fortune through investments in the natural gas industry. His net worth is more than $7 billion as per Wikipedia. Pegula purchased the Buffalo Sabres in 2011 for $189 million as per Wikipedia. In 2014, he and his wife acquired the NFL team Buffalo Bills for $1.4 billion. He has been committed to keeping the teams in Buffalo. Pegula also owns the Buffalo Bandits and the Rochester Americans, and he briefly owned the Buffalo Beauts of the National Women's Hockey League. In 2018, he purchased the rights to the Rochester Knighthawks.

Besides his businesses, Pegula is also involved in philanthropy. He has donated significantly to institutions such as Penn State, where his $102 million donation led to the construction of the Pegula Ice Arena. He also contributed $12 million to Houghton College to build the Kerr-Pegula Athletic Complex. Additionally, he has invested his wealth in real estate.

What is the value of the Buffalo Sabres?

The Buffalo Sabres were valued at $750 million in December 2023 as per Forbes. Terry Pegula acquired the team in 2011 for $189 million. The team generated a revenue of $159 million in the 2022-23 season. They spent around $73 million on players' salaries and earned $37 million from gate receipts. Their debt amount is 17% of its overall value. They play their home games at KeyBank Arena with a seating capacity of 19,070 people and an average ticket price of around $55.

The Sabres partnered with FuboTV in 2023, expanding their streaming capabilities into Southern Ontario. They have major sponsorships like Coca-Cola, Tim Horton, Key Corp, and Toyota as per Forbes.

FAQs on Buffalo Sabres

A.Terry Pegula made his fortune through investments in the natural gas industry, real estate, and sports ventures. 

A.Terry Pegula's net worth is more than $7 billion

A.The CEO of the Sabres is Kim Pegula, Terry Pegula's second wife.

A. In the 2022-2023 season, the Sabres generated a revenue of $159 million

Related Stories

Buffalo Sabres fans incensed after 13th straight loss - "Answer still in the room?", "Will we ever win this season" Buffalo Sabres fans incensed after 13th straight loss - "Answer still in the room?", "Will we ever win this season"
Buffalo Sabres fans incensed after 13th straight loss - "Answer still in the room?", "Will we ever win this season"
$22,565,510 D-man 'expects' Toronto Maple Leafs to clinch playoff spot against rivals Florida Panthers $22,565,510 D-man 'expects' Toronto Maple Leafs to clinch playoff spot against rivals Florida Panthers
$22,565,510 D-man 'expects' Toronto Maple Leafs to clinch playoff spot against rivals Florida Panthers
Habs OT hero Nick Suzuki credits Bell Centre's atmosphere for playing major role in win over Panthers Habs OT hero Nick Suzuki credits Bell Centre's atmosphere for playing major role in win over Panthers
Habs OT hero Nick Suzuki credits Bell Centre's atmosphere for playing major role in win over Panthers
Minnesota Wild vs New York Rangers: Game preview, predictions and odds | April 2, 2025 Minnesota Wild vs New York Rangers: Game preview, predictions and odds | April 2, 2025
Minnesota Wild vs New York Rangers: Game preview, predictions and odds | April 2, 2025 
Canucks lineup tonight: Vancouver’s projected lineup for game against the Seattle Kraken | Apr. 2, 2025 Canucks lineup tonight: Vancouver’s projected lineup for game against the Seattle Kraken | Apr. 2, 2025
Canucks lineup tonight: Vancouver’s projected lineup for game against the Seattle Kraken | Apr. 2, 2025
Auston Matthews makes his feelings crystal clear on facing Brad Marchand ahead of Panthers matchup Auston Matthews makes his feelings crystal clear on facing Brad Marchand ahead of Panthers matchup
Auston Matthews makes his feelings crystal clear on facing Brad Marchand ahead of Panthers matchup
Avalanche lineup tonight: Colorado’s projected lineup for game against the Chicago Blackhawks | Apr. 2, 2025 Avalanche lineup tonight: Colorado’s projected lineup for game against the Chicago Blackhawks | Apr. 2, 2025
Avalanche lineup tonight: Colorado’s projected lineup for game against the Chicago Blackhawks | Apr. 2, 2025
3 least impressive Ottawa Senators players from 5-2 to Buffalo Sabres feat. Linus Ullmark 3 least impressive Ottawa Senators players from 5-2 to Buffalo Sabres feat. Linus Ullmark
3 least impressive Ottawa Senators players from 5-2 to Buffalo Sabres feat. Linus Ullmark 
Ex-captain John Tavares makes his thoughts crystal clear on 'laid-back' Anthony Stolarz after clinching 9th straight playoff spot Ex-captain John Tavares makes his thoughts crystal clear on 'laid-back' Anthony Stolarz after clinching 9th straight playoff spot
Ex-captain John Tavares makes his thoughts crystal clear on 'laid-back' Anthony Stolarz after clinching 9th straight playoff spot
1d
Colorado Avalanche vs Columbus Blue Jackets: Game preview, predictions and odds | April 3, 2025 Colorado Avalanche vs Columbus Blue Jackets: Game preview, predictions and odds | April 3, 2025
Colorado Avalanche vs Columbus Blue Jackets: Game preview, predictions and odds | April 3, 2025
1d
Sportskeeda logo
Close menu
WWE
WWE
NBA
NBA
NFL
NFL
MMA
MMA
Tennis
Tennis
NHL
NHL
Golf
Golf
MLB
MLB
Soccer
Soccer
F1
F1
WNBA
WNBA
More
More
bell-icon Manage notifications