Pegula Divests from Knight Hawks after pulling out of Rochester Lease

[Mango]

To no surprise to most Terry has started to pull out of Rochester. 

 

First he renegotiated his lease at Blue Cross Arena shortly after signing it. Pegula claimed it was purely business. Dissolving PSE after Kim fell ill. Saying it had nothing to do with moving on from either team 

 

Then he actually pulled out of operating the arena. Pegulas team said that the teams wer safe and he was just out of the arena management game.

 

Now his other NLL team is for sale.

 

Buckle up folks, because the Sabres are on their way out. And if Terry doesn't hand the Bills off before he can run them into the ground they're on their way as well.

 

https://www.democratandchronicle.com/story/sports/lacrosse/2025/06/23/rochester-knighthawks-looking-for-new-owners-after-pegula-divest/84319445007/

 

 

Edited 4 hours ago by Mango

[uticaclub]

3 minutes ago, Mango said:

To no surprise to most Terry has started to pull out of Rochester. 

 

First he renegotiated his lease at Blue Cross Arena shortly after signing it. Pegula claimed it was purely business. Dissolving PSE after Kim fell ill. Saying itgad nothing to do with moving on from either team 

 

Then he actually pulled out of operating the arena. Pegulas team said that the teams wer safe and he was just out of the arena management game.

 

Now his other NLL team is for sale.

 

Buckle up folks, because the Sabres are on their way out. And if Terry doesn't hand the Bills off before he can run them into the ground they're on their way as well.

 

https://www.democratandchronicle.com/story/sports/lacrosse/2025/06/23/rochester-knighthawks-looking-for-new-owners-after-pegula-divest/84319445007/

 

 

He still owns the Bandits; I’m not sure how one owner can own two teams in the same league located 60 miles apart.

[Doc]

How do you get that the Bills are “on their way out” from the sale of the Nighthawks?  With Kim‘s health issues and Terry getting up in age, I can see him wanting to divest from the smaller potatoes. I can also see him selling the Sabres, which should make a lot of Sabres fans happy. But the Bills are doing great (and so are the other non-Sabres teams), and will be for the foreseeable future.

[Mango]

2 minutes ago, Doc said:

How do you get that the Bills are “on their way out” from the sale of the Nighthawks?  With Kim‘s health issues and Terry getting up in age, I can see him wanting to divest from the smaller potatoes. I can also see him selling the Sabres, which should make a lot of Sabres fans happy. But the Bills are doing great (and so are the other non-Sabres teams), and will be for the foreseeable future.

 I said the Sabres are on their way out.

 

The reference about the Bills was about being a pro sports owner without McBeane managing the Bills.

 

Nearly every sports venture Pegula has been apart of sans McDermott and/or Beane has been a disaster. That includes the Bills.

 

 

[US Egg]

5 minutes ago, Doc said:

How do you get that the Bills are “on their way out” from the sale of the Nighthawks?

Dramatic effect.

[uticaclub]

5 minutes ago, Mango said:

 I said the Sabres are on their way out.

 

The reference about the Bills was about being a pro sports owner without McBeane managing the Bills.

 

Nearly every sports venture Pegula has been apart of sans McDermott and/or Beane has been a disaster. That includes the Bills.

 

 

The Bandits just three peated

[Doc]

11 minutes ago, Mango said:

 I said the Sabres are on their way out.

 

The reference about the Bills was about being a pro sports owner without McBeane managing the Bills.

 

Nearly every sports venture Pegula has been apart of sans McDermott and/or Beane has been a disaster. That includes the Bills.

Not sure why the hate but that’s so wrong it’s laughable.  All of Pegula teams outside of the Sabres made the playoffs this past season. The Bandits even won the championship.  Maybe we have a different definition of “disaster.”

 

As for the Bills, they’ll be contenders for at least the next decade with Josh at the helm.  And that will be with or without McBeane. 

[JPL7]

Legit question… what was the point / reasoning for PSE to dissolve? What are the benefits of such a move?