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 11 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? 

[machine gun kelly]

I’m not reading too much into this decision.  The Bills are a cash cow for the Pegulas.  There’s no way they are giving that up, and the only thing I can see about the Sabres is Terry changes leadership in mgmt and coaching.

[GunnerBill]

I'd sell the Sabres if I were him. Laughing stock.

[FireChans]

35 minutes ago, GunnerBill said:

I'd sell the Sabres if I were him. Laughing stock.

Pegs may be the first major sports owner in the US to sell a professional team at a loss. I’m not sure he can give the Sabres away.

 

8 hours 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 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/

 

 

This is the first I have ever heard of the “Knighthawks” existing. Not super concerned. 

[Gugny]

39 minutes ago, GunnerBill said:

I'd sell the Sabres if I were him. Laughing stock.

Is there a board similar to TBD for the Sabres?

 

Id love to be part of that community if it exists. 

[GunnerBill]

2 minutes ago, Gugny said:

Is there a board similar to TBD for the Sabres?

 

Id love to be part of that community if it exists. 

 

Yea... TGD.... Two Goals Down. Seems apt. 

[aristocrat]

If the sabres team were a contender they’d be a cash cow. Everyone knows this but they just suck

[BarleyNY]

1 hour ago, GunnerBill said:

I'd sell the Sabres if I were him. Laughing stock.

Through every fault his own.

[Gregg]

9 hours 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 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/

 

 

 

The Bills aren't going anywhere except across the street to their new stadium. As for the Sabres the fans should be happy if he sells as he has run that team into the ground.

[ddaryl]

The Bills are going nowhere for the forseeable future, and I've been told this by the new stadium and lease aggreements with NYS / WNY

 

Now regarding the Sabres the sooner Pegula can sell the team and step aside the better. I had great hope but he obviously has no clue at all. 

[May Day 10]

1 hour ago, FireChans said:

Pegs may be the first major sports owner in the US to sell a professional team at a loss. I’m not sure he can give the Sabres away.

 

He would make a ton of money on a Sabres sale.  NHL properties are very valuable, north of $1 Billion now.  The Sabres are not tied to Buffalo for long at all, and easy to relocate to a larger market.  

[FireChans]

6 minutes ago, May Day 10 said:

 

He would make a ton of money on a Sabres sale.  NHL properties are very valuable, north of $1 Billion now.  The Sabres are not tied to Buffalo for long at all, and easy to relocate to a larger market.  

NHL properties?  I thought we were talking about the Sabres. 

[May Day 10]

Just now, FireChans said:

NHL properties?  I thought we were talking about the Sabres. 

 

True.... but just the franchise slot alone is valuable.  They wouldnt need to be the sabres, wear ugly black uniforms 20 times a season, play in a dump, and have an unqualified balding turd as a general manager.  They can be the Houston Aeros playing in the 6th largest TV market within a couple years... with real management