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NHL TO HOUSTON?

Discussion in 'Other Sports' started by HectikG81, Jun 20, 2002.

  1. HectikG81

    HectikG81 Member

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    Check this out- I hope one of Houston's billioinaires are looking into this...


    NHL to Take Over Sabres Operation

    06/20/2002

    Associated Press


    TORONTO — The NHL is taking over operation of the financially troubled Buffalo Sabres.

    Commissioner Gary Bettman said Thursday that owner John Rigas had agreed to the move. Although Rigas technically remains the Sabres' owner, the move helps clear the way for the potential sale of the franchise.

    "Based on discussions and an agreement we've made with the Rigases, the operational control of the franchise resides in the league office," Bettman said. "They've empowered us to operate the franchise."

    Bettman sounded hopeful that the team could be sold soon.

    Buffalo businessman Mark Hamister is trying to form a group of investors to purchase the Sabres and keep them in Buffalo.

    Bettman said the NHL will not pick up any of the team's debts, which amount to $157 million owed to Adelphia Communications.
     
  2. drapg

    drapg Member

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    don't the Oilers... err, Titans play in Adelphia Coliseum?
    Any news on a stadium name change???
     

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