Tag Archives: kimpegula

– Zachary El-Sharif

 

Has there been a bigger contributor to the City of Buffalo than Terry and Kim Pegula? On February 22, 2011, the landscape of Buffalo changed for the better.

If you happened to live under a rock back then, here’s a little back story.  In the early 2000s, the Buffalo Sabres were facing bankruptcy until Rochester business owner Tom Golisano purchased the team. He owned the Sabres from 2003 until 2011, until he had to sell the Buffalo Sabres to Terrence (Terry) and Kimberly Pegula. It was a day that every Buffalonian will always remember. Through the agreement of purchase, Terry and Kim became owners of the Buffalo Sabres, along with the lacrosse team, the Buffalo Bandits.  In 1983, Terry was quoted as saying to his business partner Robert H. Long Jr., “If I ever have more than two nickels to my name, I’m going to buy the Buffalo Sabres one day.” Well, that day came, and he instantly made his presence felt in Western New York. I personally remember sitting at a desk and watching a live stream of the press conference; I got the chills from just thinking about how bright the future of the Sabres became that day.

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