BUFFALO, N.Y. (WIVB) - When you're buying a house, you visit a few times to check out the roof, the basement, the windows and the size of the bedrooms. When you buy a hockey team, you visit to see the arena, the dressing rooms and meet the people who make it work. That's what Terry Pegula was doing in Buffalo on Tuesday. The Sabres confirmed that the team's prospective owner was in town for what they called "informal discussions." Sources tell News 4 Sports that the ownership transition and how it will work within the existing organization was among the main topics.
As of late Tuesday afternoon, Pegula had left the Arena. Although he has attended a number of games, its believed that he won't be in attendance for the contest against the Flyers.
All signs continue to point to a sale from Tom Golisano to the Pennsylvania billionaire, for a reported $175 million. It can be a long and involving process that factors in lawyers, financial reports and the NHL. The word is that any formal announcement of a deal is still weeks away.
Stay with News 4 for the latest developments.
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