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Article: McDermott Concerned about PSE Dysfunction


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1 minute ago, FireChans said:

I mean, the Covington Catholic student sued 3 orgs for defamation and CNN gave him a nice tidy settlement. 

 

Maybe journalism has always been this crappy, but the amount of quick “breaking news” stories and then quiet retractions is breathtaking. At a certain point, these transgressions pile up, and if you don’t start becoming skeptical, you’re an idiot.

 

 

One should always be skeptical in these times. 

 

I'm not on twitter, but there are endless ways to ingest and digest info out there.

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1 hour ago, May Day 10 said:

It appears fine now.  But I do remember Terry holding a stopwatch and a clipboard "helping" evaluate quarterbacks.  We have had a daughter dating a fringe tight end.  Who knows if a family member ends up with a position in the organization who buts heads with McDermott?  You could get a Linda Bogdan situation real easy.  Once McDermott gets enough personal capital where he could write his own ticket, and doesnt need the Bills, it could be possible.  It seems like unicorns and rainbows now, but hands-on owners typically desire subservient execs at some point.  The story I heard from credible people that LaFontaine's resignation was due to disagreements with Kim Pegula that boiled over.  

I just want a guy like Kraft who sits in the press box, claps, writes checks, and accepts trophies and praise.

 

Oh I don't doubt that scenario. 

 

There's already plenty of nepotism over in PSE already and if that drifted over to OBD I cannot see McD accepting that.  He's a very strong personality and was given the proverbial keys to the kingdom upon being hired.  I'd hope the Pegs' stay out of his way so long as the team is winning.

 

For all the flak that Kraft takes (and he's got his detriments) I'd want that for this franchise as well.  Especially if the leadership group the Pegs' have hired at OBD prove themselves and start winning in the playoffs.

 

And I'll reiterate a point I've been making: that to my knowledge the Pegula's have not once hired qualified people to oversee their teams at the time of purchase.  With the Bills, they found McD who brought in Beane, albeit 2+ years and many bad decisions after the sale.  They steadied that ship, but I sense some people in the Sabres organization are hindering progress...along with bad hockey management hires.  

 

And BTW, where is Terry in all of this? 

 

 

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1 minute ago, bbb said:

 

I am still having a hard time how somebody goes from Return on investment - to punched in the gut.  

 

Last post here, as it now seems like people just want to piss on each others shoes:

 

    "Pegula, current and former employees say, explained that return on investment included maintaining the family’s lifestyle."

 

Maybe your gut wasn't punched, but perhaps some of the PSE employees had the air knocked out of their's...     

 

 

"Rah. Rah. One Buffalo!  We're all in this together!   Now get back to work while I head back to Florida..."

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2 minutes ago, BillsVet said:

 

Oh I don't doubt that scenario. 

 

There's already plenty of nepotism over in PSE already and if that drifted over to OBD I cannot see McD accepting that.  He's a very strong personality and was given the proverbial keys to the kingdom upon being hired.  I'd hope the Pegs' stay out of his way so long as the team is winning.

 

For all the flak that Kraft takes (and he's got his detriments) I'd want that for this franchise as well.  Especially if the leadership group the Pegs' have hired at OBD prove themselves and start winning in the playoffs.

 

And I'll reiterate a point I've been making: that to my knowledge the Pegula's have not once hired qualified people to oversee their teams at the time of purchase.  With the Bills, they found McD who brought in Beane, albeit 2+ years and many bad decisions after the sale.  They steadied that ship, but I sense some people in the Sabres organization are hindering progress...along with bad hockey management hires.  

 

And BTW, where is Terry in all of this? 

 

 

The people that should be overseeing the teams are the GM and HC.  Whiffed on Ryan but then got it right.  Hired guys with good resumes for the Sabres that didn’t live up to expectations.  I don’t see any evidence he’s trampling on McD and if anything with the Sabres he gave guys more time than he should have.

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9 minutes ago, Mr. WEO said:

 

Ask Trump--he boasts about the press conference ratings.

 

He's free to use twitter.  The guy struggles to put more than 5 words together without telling a lie.  Don't need a "media filter" to figure this out.

 

Trump hating thread is that way >>>>>>>>>>>

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1 minute ago, Lurker said:

 

Last post here, as it now seems like people just want to piss on each others shoes:

 

    "Pegula, current and former employees say, explained that return on investment included maintaining the family’s lifestyle."

 

Maybe your gut wasn't punched, but perhaps some of the PSE employees had the air knocked out of their's...     

 

 

"Rah. Rah. One Buffalo!  We're all in this together!   Now get back to work while I head back to Florida..."

Yeah I’d agree that’s not a great way to put it. I think it’s an inherently understood thing; I’m sure Cowboys employees know Jerry wants to support Jerry’s lifestyle.  But if it’s brought up during other cost cutting than poor form.

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4 hours ago, Warren Zevon said:

 

Not too peeved about the chart either but people aren't interpreting anything the chart doesn't blatantly say. Return on Investment--> fund lifestyle. It's a stupid slide to show to your employees.

 

EWD69YZXgAAbBnB?format=jpg&name=900x900

This is a weird slide and obviously never should have been included in any presentation at any level. If one of the Pegula's presented or signed off on them, shame on them. It sort of reads "Win Games---Turn the business over to my kids/Generational wealth---Don't make me sell my yacht". I am honestly not sure how else you read it. The title of the effing slide is "Pegula Family Goals (PSE)". Based on the content, it definitely does not read as "PSE is a family". This is tone deaf to say the least...

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4 hours ago, Mr. WEO said:

 

 

Exactly.  I think PSE was struggling before the current crisis.  Keeping leasing tenants in their commercial properties seemed difficult.  And the hotel  business is shaky in Buffalo.  I don't think oil prices have anything to do with their current predicament.

 

You are free to dispute the facts and quotes in the article.  Why don't you do so, so that we can all conclude as you have that it's "a bad article"? 

 

 

 

You are correct. He dipped out of the OG industry nearly a decade ago. I am sure he has some investments, but he cashed out to the tune of nearly 5 BILLION dollars. He is currently over leveraged his worth because he has done a bad job of managing his investments in sports and hospitality. I would not be surprised if he were relatively cash poor (or as cash poor as a billionaire can be). The whole thing is a bit wild, kind of like a mega millions winner who declares bankrupts after blowing through 200M.

 

The Bills will be fine, but if he does not figure it out, I would not be surprised to see him move on from the harborcenter, the sabres, PSE management group, etc.   

 

https://www.forbes.com/profile/terrence-pegula/#12385c013cc7

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10 minutes ago, Mango said:

You are correct. He dipped out of the OG industry nearly a decade ago. I am sure he has some investments, but he cashed out to the tune of nearly 5 BILLION dollars. He is currently over leveraged his worth because he has done a bad job of managing his investments in sports and hospitality. I would not be surprised if he were relatively cash poor (or as cash poor as a billionaire can be). The whole thing is a bit wild, kind of like a mega millions winner who declares bankrupts after blowing through 200M.

 

The Bills will be fine, but if he does not figure it out, I would not be surprised to see him move on from the harborcenter, the sabres, PSE management group, etc.   

 

https://www.forbes.com/profile/terrence-pegula/#12385c013cc7

 

Actually it was $6.45B.  And as far as I know, his sports teams are all bought and paid for (to the tune of about $1.6B).  I doubt he's cash poor.

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It really wouldnt have been that hard to run the Sabres well.  They inherited a team with a locked in waiting list for season tickets and perpetual sellouts and all the good will in the world.

 

 

It is remarkable what they have done to the franchise.  remarkable.  And not defensible.  

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1 minute ago, Mango said:

 

You are correct. He dipped out of the OG industry nearly a decade ago. I am sure he has some investments, but he cashed out to the tune of nearly 5 BILLION dollars. He is currently over leveraged his worth because he has done a bad job of managing his investments in sports and hospitality. I would not be surprised if he were relatively cash poor (or as cash poor as a billionaire can be). The whole thing is a bit wild, kind of like a mega millions winner who declares bankrupts after blowing through 200M.

 

The Bills will be fine, but if he does not figure it out, I would not be surprised to see him move on from the harborcenter, the sabres, PSE management group, etc.   

 

https://www.forbes.com/profile/terrence-pegula/#12385c013cc7

Doubt they’ve seen any ROI in the DT buffalo revival. It’s still a ghost town, even at that restaurant.

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11 minutes ago, FireChans said:

Doubt they’ve seen any ROI in the DT buffalo revival. It’s still a ghost town, even at that restaurant.

 

Don't get me started on the Buffalo Renaissance not being a real thing. It is just something people keep regurgitating until everybody believes it is true. Buffalo has not grown by almost any measure. Increasing level of kids in poverty every year. House house income  is stagnant. Household income in comparison to the national average is actually getting worse. And as a result everybody that is screaming RENAISSANCE is actually causing  one of the largest spikes in the country in terms of % increase in cost of living. 

 

But to your point. The city gave TPegs a huge tax abatement and drastically undervalued the property that the Harbor Center is on when they sold it. From a former Erie County Budget Director, "The city will NEVER make that money back" 

It is absolutely wild...This is not the thread for that though. 

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1 minute ago, Mango said:

 

Don't get me started on the Buffalo Renaissance not being a real thing. It is just something people keep regurgitating until everybody believes it is true. Buffalo has not grown by almost any measure. Increasing level of kids in poverty every year. House house income  is stagnant. Household income in comparison to the national average is actually getting worse. And as a result everybody that is screaming RENAISSANCE is actually causing  one of the largest spikes in the country in terms of % increase in cost of living. 

It is absolutely wild...This is not the thread for that though. 

Sure it is. This thread is about PSE. The failure of their Buffalo revival is part of it. That giant One Buffalo restaurant with 2 people in it for lunch is part of it. How much money do you think they have pissed down the drain for that?

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1 hour ago, oldmanfan said:

The people that should be overseeing the teams are the GM and HC.  Whiffed on Ryan but then got it right.  Hired guys with good resumes for the Sabres that didn’t live up to expectations.  I don’t see any evidence he’s trampling on McD and if anything with the Sabres he gave guys more time than he should have.

 

In theory yes, those are who should be managing the team side of the houses.  In reality, it can go sideways when big egos get in the room, especially owners, and they want power and control over their investment.  It's a toy to them and who's going to tell them they cannot play with that?  

 

The Pegula's have been a dumpster fire since purchasing the Sabres 9 years ago.  You can process their moves however you want, but having (EDIT: several) senior executives (Regier, Black, LaFontaine, Murray, Brandon, and Botterill) along with 6 HC's in that span indicate there's been a major problem there.  Not to mention the other hires who've been let go.  

 

I think some people at PSE have gotten a little big for their britches and aren't willing to acknowledge they're in over their head.  If the report is correct the Sabres are losing money, how does one reconcile that with the team operating in the biggest US hockey market?  The only reason would be bad management and people running that show.  

 

 

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17 minutes ago, BillsVet said:

 

In theory yes, those are who should be managing the team side of the houses.  In reality, it can go sideways when big egos get in the room, especially owners, and they want power and control over their investment.  It's a toy to them and who's going to tell them they cannot play with that?  

 

The Pegula's have been a dumpster fire since purchasing the Sabres 9 years ago.  You can process their moves however you want, but having (EDIT: several) senior executives (Regier, Black, LaFontaine, Murray, Brandon, and Botterill) along with 6 HC's in that span indicate there's been a major problem there.  Not to mention the other hires who've been let go.  

 

I think some people at PSE have gotten a little big for their britches and aren't willing to acknowledge they're in over their head.  If the report is correct the Sabres are losing money, how does one reconcile that with the team operating in the biggest US hockey market?  The only reason would be bad management and people running that show.  

 

 

I don’t see any evidence that Terry’s ego is what ails the Sabres.  I see nothing to suggest that he’s a Danny Snyder type owner that’s meddling in things.  He’s had GMs in Regier and Murray, and now possibly Botterill that didn’t work out and neither did the HCs they hired.  If anything he gave some of these guys like Regier too long a time.

 

Picking senior execs in sports is a tricky thing, especially the HC.  The Maras were dumb till they picked Parcells, Ralph until Marc, Kraft until Belichick.  Terry has to get it right, no question.  He seems to have done so with the Bills but hasn’t yet with the Sabres.  

 

As as far as losing money with the Sabres, as you say it is an if that’s true thing.  No denying he’s spent $$ on the product; how many times have people complained about bloated contracts to marginal players?  He’s spent to get a farm system built with Cinci and Rochester feeding in, enhanced facilities and such.

 

You say people at PSE are in over their heads?  Maybe - who exactly?  Kim?  I think they should have a top business guy handling PSE but the last one they had in Brandon we all know what happened.  Did that make them gun shy?  Are there factions in the front office  that are trying to fight against the owners?  Yes Terry and Kim could be better at what they do but I’ve lived long enough to know there’s another side to the story that Graham wants to sell.

 

And if we want to get into hidden agendas and conspiracies, maybe the two sources saying McD is concerned have their own anti McD agenda and are spreading things to try and force McD out.

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1 hour ago, 4_kidd_4 said:

716 is a terrible restaurant. Just throwing my $0.02 in.

It would be a cool novelty if the Sabres ever made the playoffs and brought back a buzz to the downtown area when everybody is looking to go out somewhere to watch the games but sadly that hasn't come to fruition.  But as a stand alone restaurant agreed and I think most people feel the same.  

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3 hours ago, FireChans said:

His tiff with EJ was so overblown.

 

Skurski brought up drafting another QB. EJ, rather than saying, “the organization invested in me and it’s up to me to prove I’m the QB of this team and that’s what I’m going to do” he ASKS Tim Graham if he thinks they should draft a QB.


maybe maybe not- but a journalist isn’t supposed to inject themselves into the story line. He did. I don’t really care either way. Tim’s whining and thin skin was all over this boards archives.
 

I’m glad he stop posting, and his lame arguing with other posters with his “how dare you question me” schtick. Guessing he now likely just spectates for content ideas or masquerades as the one or two posters that defend him. 

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6 minutes ago, Over 29 years of fanhood said:


maybe maybe not- but a journalist isn’t supposed to inject themselves into the story line. He did. I don’t really care either way. Tim’s whining and thin skin was all over this boards archives.
 

I’m glad he stop posting, and his lame arguing with other posters with his “how dare you question me” schtick. Guessing he now likely just spectates for content ideas or masquerades as the one or two posters that defend him. 

He was only injected by TBD. It was a standard interview, and the interviewee asked the interviewer a direct question. The headline was hardly “Tim Graham’s thoughts on drafting a QB as heard by EJ Manuel.”

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13 minutes ago, BillsPride12 said:

It would be a cool novelty if the Sabres ever made the playoffs and brought back a buzz to the downtown area when everybody is looking to go out somewhere to watch the games but sadly that hasn't come to fruition.  

 

Yeah for sure, on the novelty side.

 

But man, EVERYWHERE is(was!) better in Buffalo/WNY when the Sabres make a run. Was very fortunate to live right off of Elmwood during those Briere & Drury runs, what a scene after a W out on the street.

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5 minutes ago, 4_kidd_4 said:

 

Yeah for sure, on the novelty side.

 

But man, EVERYWHERE is(was!) better in Buffalo/WNY when the Sabres make a run. Was very fortunate to live right off of Elmwood during those Briere & Drury runs, what a scene after a W out on the street.

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3 minutes ago, 4_kidd_4 said:

 

Yeah for sure, on the novelty side.

 

But man, EVERYWHERE is(was!) better in Buffalo/WNY when the Sabres make a run. Was very fortunate to live right off of Elmwood during those Briere & Drury runs, what a scene after a W out on the street.

Yeah I remember when 716 first opened my two immediate thoughts were: 

1) Man this would've been cool to have during the 05-07 Sabres runs

2) This will be great when the Sabres become a legitimate contender again(at that time I was still optimistic that Pegula was gonna bring us back to glory).  That was really the only level of excitement I had for the place

 

And yes all of WNY was electric during those years!  I have been trying to catch some of the Sabres Classics airing on MSG right now showing all those playoff games and it was making me think about how fun it was to live in WNY during those years and what an unbelievable atmosphere it was.  Buffalo in the Spring when the Sabres are a legit playoff team is one of the most fun places to be! 

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The Sabres were the first sports team the Pegula’s bought, so they were brand new to owning and operating a sports franchise and it showed. The LaFontaine hire backfired in many ways, between LaFontaine quitting abruptly and Pat’s choice of GM [Tim Murray]. Murray gave away all the assets the Sabres were stockpiling during “the tank” as he tried to accelerate the Sabres rebuild, which left the Sabres void of talent and depth. The players that Murray overpaid for were traded away by the new Sabres GM [Botterill], so in actuality, all those years of tanking only got the Sabres three good players: Eichel, Reinhart and Dahlin. So after being at the bottom of the league for so long, I’m sure it started to impact a lot of people in the organization, but I don’t think overall the Pegula’s are bad owners, just inexperienced. With the Bills, the Pegula’s have had many of talks with Bill Polian, so Bill was able to provide a lot of mentoring to Terry and Kim. With the Sabres, they’ve had to learn as they went along. 

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7 hours ago, Mango said:

This is a weird slide and obviously never should have been included in any presentation at any level. If one of the Pegula's presented or signed off on them, shame on them. It sort of reads "Win Games---Turn the business over to my kids/Generational wealth---Don't make me sell my yacht". I am honestly not sure how else you read it. The title of the effing slide is "Pegula Family Goals (PSE)". Based on the content, it definitely does not read as "PSE is a family". This is tone deaf to say the least...

 

It definitely does.  Every friggin thing claims it's family now.  Every organization, school, etc.  

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6 hours ago, BillsPride12 said:

It would be a cool novelty if the Sabres ever made the playoffs and brought back a buzz to the downtown area when everybody is looking to go out somewhere to watch the games but sadly that hasn't come to fruition.  But as a stand alone restaurant agreed and I think most people feel the same.  

I’ve never been when it’s not empty.

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15 hours ago, 4_kidd_4 said:

716 is a terrible restaurant. Just throwing my $0.02 in.

 

As a Bills fan living in NJ I drove up to Buffalo twice with friends who are Jets fans to see the Bills and Jets play. We went to the 716 and thought it was good. Of course we aren't locals to the area so what do we know. Also went to a place nearby called the Pearle Street Pub and they had good wings. We had to get the wings since we were in Buffalo. Also had fun at your casino. The Bills won both times we were there. We all loved Rich/Ralph/New Era Field. It reminded us of the days of Shea/Giants Stadium when real fans could still afford to go to the games. Now we are stuck with a giant grey ****hole known as MetLife. Neither the Jets or Giants have a homefield advantage anymore as many of the real fans have been priced out of going to the games.

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50 minutes ago, Greg S said:

 

As a Bills fan living in NJ I drove up to Buffalo twice with friends who are Jets fans to see the Bills and Jets play. We went to the 716 and thought it was good. Of course we aren't locals to the area so what do we know. Also went to a place nearby called the Pearle Street Pub and they had good wings. We had to get the wings since we were in Buffalo. Also had fun at your casino. The Bills won both times we were there. We all loved Rich/Ralph/New Era Field. It reminded us of the days of Shea/Giants Stadium when real fans could still afford to go to the games. Now we are stuck with a giant grey ****hole known as MetLife. Neither the Jets or Giants have a homefield advantage anymore as many of the real fans have been priced out of going to the games.

 

Hey good post, thanks for coming to town.

 

If it makes any difference, my dad really likes 716. The handful of times I’ve ended up there were after HS games at Harbor Center. Kinda built in audience, especially in January when you don’t want to get in and out of cars/weather  to go elsewhere.

 

And yes, the atmosphere at The Ralph/NErF is always great. We have an awesome throwback vibe here, as you mentioned. 8 extra holidays a year!

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4 minutes ago, 4_kidd_4 said:

 

Hey good post, thanks for coming to town.

 

If it makes any difference, my dad really likes 716. The handful of times I’ve ended up there were after HS games at Harbor Center. Kinda built in audience, especially in January when you don’t want to get in and out of cars/weather  to go elsewhere.

 

And yes, the atmosphere at The Ralph/NErF is always great. We have an awesome throwback vibe here, as you mentioned. 8 extra holidays a year!

 

I know the Bills eventually will need a new stadium although given the times who knows when that happens. Even though I am a Bills fan I also have Jets season tickets. Going from Giants Stadium to MetLife the cost of my season tickets went from $1700 a year to $3700 a year. This includes the PSL fee. For Bills fans enjoy New Era for as long as you can. New stadiums aren't all that great. Just like fans in Buffalo we tailgate hours before the game as well as after to let the crowd thin out. The Jets fans I have talked to don't need a bar or restaurant in the stadium as everybody prefers tailgating. I just want to tailgate and go watch the game and Giants Stadium was perfect for that. MetLife blows especially considering the cost.

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The one takeaway from that entire article was from the very top. Making it a organizational objective in your staff meeting to maintain your family's lifestyle? So inappropriate. I have been in many meetings like that, hosted by many different millionaire owners and I dont know one that would discuss such a thing with any management, much less staff. No wonder the culture is so toxic. I do not have any bad will towards the Pegulas, as far as I know they are fine people. However, the poor judgement displayed in that instance sure leaves me scratching my head though...

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3 minutes ago, MILFHUNTER#518 said:

The one takeaway from that entire article was from the very top. Making it a organizational objective in your staff meeting to maintain your family's lifestyle? So inappropriate. I have been in many meetings like that, hosted by many different millionaire owners and I dont know one that would discuss such a thing with any management, much less staff. No wonder the culture is so toxic. I do not have any bad will towards the Pegulas, as far as I know they are fine people. However, the poor judgement displayed in that instance sure leaves me scratching my head though...

I have a kind of funny, tone-deaf, anecdotal story along those lines. When Hurricane Gustav was approaching in 2008 there was a great deal of panic. The city was evacuated and 3 years after Katrina everyone was extra-cautious. I remember we had a full staff meeting and George Shinn (the owner) was trying to drive home to everyone to take it seriously. He wanted people to evacuate sooner rather than later. He said something to the tune of, “when Katrina was coming through Denise and I waited too long. We didn’t leave until the day before. Our plane was sitting on the runway at Lakefront airport and it took our driver almost 2 hours to travel the 3 miles to get there.” Ha ha, there were a bunch of 25 year old kids making $30k a year trying to relate. 
 

As a side note though, George paid his entire staff, the entire time during Katrina. There were even stories of people calling him in a bind and he was just sending money to them left and right. He always had a bad reputation in public but he did A LOT for his people. 

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8 minutes ago, Kirby Jackson said:

I have a kind of funny, tone-deaf, anecdotal story along those lines. When Hurricane Gustav was approaching in 2008 there was a great deal of panic. The city was evacuated and 3 years after Katrina everyone was extra-cautious. I remember we had a full staff meeting and George Shinn (the owner) was trying to drive home to everyone to take it seriously. He wanted people to evacuate sooner rather than later. He said something to the tune of, “when Katrina was coming through Denise and I waited too long. We didn’t leave until the day before. Our plane was sitting on the runway at Lakefront airport and it took our driver almost 2 hours to travel the 3 miles to get there.” Ha ha, there were a bunch of 25 year old kids making $30k a year trying to relate. 
 

As a side note though, George paid his entire staff, the entire time during Katrina. There were even stories of people calling him in a bind and he was just sending money to them left and right. He always had a bad reputation in public but he did A LOT for his people. 


This is the argument that Graham and Vogel have made.  During a time when The Pegulas will be looking for state funding for renovations for the Blue Cross Arena (Amerks) and KeyBank Center, as well major funding for a new stadium or a huge renovation projection for New Era Stadium.  
 

The way that they handled layoffs and downsizing for many community members who will be finding these ventures through taxes, is less than ideal from a PR standpoint.  

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1 minute ago, Phil The Thrill said:


This is the argument that Graham and Vogel have made.  During a time when The Pegulas will be looking for state funding for renovations for the Blue Cross Arena (Amerks) and KeyBank Center, as well major funding for a new stadium or a huge renovation projection for New Era Stadium.  
 

The way that they handled layoffs and downsizing for many community members who will be finding these ventures through taxes, is less than ideal from a PR standpoint.  

 

it makes me worried of what they may have lost in fracking and the current (and previously on-going) oil/energy price drop.  If the bulk of their portfolio is now (and moving forward) the Bills and Sabres, then we are in for a world of hurt. 

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