BUFFALO, N.Y. (WIVB) - According to TheHockeyNews.com, a Pennsylvania billionaire with western New York ties is ready to buy the Buffalo Sabres.
His name is Terry Pegula. According to The Hockey News , he is ready, willing, and able to be the Sabres new owner. They're reporting Tuesday night that Pegula has signed a deal to buy the team from Tom Golisano, and the purchase could be completed in the next six weeks.
Pegula is a Pennsylvania oil and gas billionaire who has lived in Orchard Park and Olean. His wife is from Rochester. In September, Pegula gave $88 million to Penn State to build an arena and start a hockey program.
The Hockey News says that the NHL will introduce Pegula to the other league owners at a meeting next week in Florida. In a statement, the Sabres have denied that any deal has been signed.
Sources tell News 4 that the novelty of owning the team has worn off for Golisano and he is ready to sell. If he does, he will see profit of around $100 million.
Buffalo Police have arrested 26-year-old Nicholas Finnegan of South Buffalo and charged him with pushing Russ Ross to his death.
Police say there were 32 burglaries, 20 in Albion, five in Medina, four in Oakfield and three in the City of Lockport.
A seven-year-old Buffalo girl got dropped off more than three miles away from the bus stop where her mother was waiting for her on Wednesday.
Police, FBI agents and a bomb squad all showed up on a quiet residential street in North Buffalo overnight.
The Niagara County Sheriff's is on the scene of a suspected meth lab in Cambria.
Authorities say they're investigating the deaths of two inmates at New York's maximum-security Attica Correctional Facility.