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Forums :: Blog World :: Brad Lohr: To the "Tank" Before the Break.
Author Message
Buffalo--Sabres
Buffalo Sabres
Location: 2 15/16, NY
Joined: 07.07.2010

Feb 7 @ 12:47 PM ET
On the low end...
- DirtyDan



I am definitely low balling those numbers
ImThatGuy
Buffalo Sabres
Location: I AM MY OWN DAMN SOURCE!, NY
Joined: 11.04.2010

Feb 7 @ 12:47 PM ET
https://www.wgrz.com/article/sports/nhl/sabres/report-buffalo-sabres-nhl-valuation-rankings/71-c6ae9dcf-147d-46ce-b734-9f3d80261d5e

he makes a lot of money when he sells the team

- homiedclown

But but. The team can’t even break even.

How in the world can the value be skyrocketing like this?
Buffalo--Sabres
Buffalo Sabres
Location: 2 15/16, NY
Joined: 07.07.2010

Feb 7 @ 12:50 PM ET
But but. The team can’t even break even.

How in the world can the value be skyrocketing like this?

- ImThatGuy



Low supply
Swedish_Jesus
Buffalo Sabres
Joined: 07.02.2019

Feb 7 @ 12:52 PM ET
Anyone buys the Sabres they’re buying a club that loses 30 million a year. The Bills and the Peg’s deep pockets have been covering the loses. No one that has that kind of money is looking at Buffalo as a viable market. Unless they happen to have even more hubris and delusions of grandeur that they could throw even more money at this mess and do better. I just don’t see it.
- Buffalo--Sabres


From a cash flow perspective, maybe.

The value of the organization now is probably what, double what he paid for it ?

The whole narrative of him losing money is a farce. His goodwill is through the roof
ImThatGuy
Buffalo Sabres
Location: I AM MY OWN DAMN SOURCE!, NY
Joined: 11.04.2010

Feb 7 @ 12:55 PM ET
From a cash flow perspective, maybe.

The value of the organization now is probably what, double what he paid for it ?

The whole narrative of him losing money is a farce. His goodwill is through the roof

- Swedish_Jesus

This is 1000% this the organization is close to $1 billion right now.

He will get 5 to 7 times more than he paid for it

That doesn’t happen with an organization that loses $30-$40 million a year.

Frizzlefry
Buffalo Sabres
Location: Don't get so high and mighty about your superiority over Lockport, NY
Joined: 10.10.2015

Feb 7 @ 12:56 PM ET
None of this is true. I can promise you that.

They are absolutely incompetent, and that incompetence is why we are here.

-I'm not sure what you consider a carpet bagger/snake oil salesman, but I'd be interested in why you think Pegula is in this category
-They took a ton of advice from people they shouldn't have. This was extremely well documented, to the point where they trusted no one but Kevyn Adams. Hence, why he's the GM.
-They still have great interest in the Sabres. I can personally assure you of that.

They are incompetent and are much more hesitant to spend money than they used to be. Their own bad decisions, bad hirings/contracts plus lockdowns brought them to this point. Their staff and arena management has been atrocious. These things are objectively true.

- TheSabresTaco


No idea what your personal connection to them is, but I go by the saying "pay attention to what people do, not what they say" and I think if we see TPegs not doing the arena upgrades that he said he was going to do, then we know he doesn't care. If he leaves the front office in place, then we know he doesn't care. I am still of the belief that he sells within a year or two. He has a money printing machine 20 minutes south he needs to focus on. How much longer can he show up at the NHL owners meetings without feeling embarrassed?
Swedish_Jesus
Buffalo Sabres
Joined: 07.02.2019

Feb 7 @ 12:57 PM ET
https://www.wgrz.com/article/sports/nhl/sabres/report-buffalo-sabres-nhl-valuation-rankings/71-c6ae9dcf-147d-46ce-b734-9f3d80261d5e

he makes a lot of money when he sells the team

- homiedclown


Beat me too it
Lunaion
Joined: 05.23.2016

Feb 7 @ 12:59 PM ET
This is 1000% this the organization is close to $1 billion right now.

He will get 5 to 7 times more than he paid for it

That doesn’t happen with an organization that loses $30-$40 million a year.

- ImThatGuy


Does anyone actually believe that?
Frizzlefry
Buffalo Sabres
Location: Don't get so high and mighty about your superiority over Lockport, NY
Joined: 10.10.2015

Feb 7 @ 12:59 PM ET
JJ and Tuch were on for Cozens and Okposo for their PP goal.

An accidental combination was their best PP.

- Lunaion



Wonder if Matty Ellis told it to his wrist?
ImThatGuy
Buffalo Sabres
Location: I AM MY OWN DAMN SOURCE!, NY
Joined: 11.04.2010

Feb 7 @ 1:08 PM ET
Does anyone actually believe that?
- Lunaion

Yes.

Swedish_Jesus
Buffalo Sabres
Joined: 07.02.2019

Feb 7 @ 1:10 PM ET
This is 1000% this the organization is close to $1 billion right now.

He will get 5 to 7 times more than he paid for it

That doesn’t happen with an organization that loses $30-$40 million a year.

- ImThatGuy


It is not losing $30-40M a year, it’s just in a short fall of $30-40M a year from a cash flow perspective.

Terry will have to cover from his pocket in the meantime, but when he goes to sell, will rake in all of that plus more
Buff36
Buffalo Sabres
Joined: 10.13.2019

Feb 7 @ 1:10 PM ET
Read somewhere the Sabres do pretty well with there board displays advertisements.
IonSabres
Buffalo Sabres
Location: I said that months ago, keep up!, FL
Joined: 03.10.2013

Feb 7 @ 1:12 PM ET
Terms from a prior sale to not relocate, rolling into a new sales contract is an interesting situation....depends on who has the better lawyers. Big boy money comes with big boy egos.

A hockey person can see the opportunity in Buffalo, a group of investors looking for the strongest ROI, bigger markets are enticing.

Money talks....I wouldn't put anything past Terry regarding the Sabres.

- washedup20


I'd love to know what the recourse is if they were sold, then the new owner decided to relocate after a year or so of financial losses.

So, Golidano did the City of Buffalo a solid by inserting that language into the Sale Contract to Pegula.
Pegula sells to someone in good faith to keep the team in Buffalo.
New owner decided layer it is time to move.
Who is contesting the move, City of Buffalo, or some combination of local government entities? Pegula?
Is Golidano going to sue Pegula, who in return sues the new owner...all for "lost Revenue/Profits because each tool a lower price as a result having the no movement clause?
Do other NHL Team Owners get hard over the higher revenue potential in a larger market and grease the skids to enable the move?

I'd love to see this play out in a court of law.
Lunaion
Joined: 05.23.2016

Feb 7 @ 1:13 PM ET
It is not losing $30-40M a year, it’s just in a short fall of $30-40M a year from a cash flow perspective.

Terry will have to cover from his pocket in the meantime, but when he goes to sell, will rake in all of that plus more

- Swedish_Jesus


I don't know where that number is coming from. Sounds like one time pandemic number to me.
Lunaion
Joined: 05.23.2016

Feb 7 @ 1:18 PM ET
I'd love to know what the recourse is if they were sold, then the new owner decided to relocate after a year or so of financial losses.

So, Golidano did the City of Buffalo a solid by inserting that language into the Sale Contract to Pegula.
Pegula sells to someone in good faith to keep the team in Buffalo.
New owner decided layer it is time to move.
Who is contesting the move, City of Buffalo, or some combination of local government entities? Pegula?
Is Golidano going to sue Pegula, who in return sues the new owner...all for "lost Revenue/Profits because each tool a lower price as a result having the no movement clause?
Do other NHL Team Owners get hard over the higher revenue potential in a larger market and grease the skids to enable the move?

I'd love to see this play out in a court of law.

- IonSabres


Just an assumption, but I'd think the NHL is a party in the deal, not just the owners.
Swedish_Jesus
Buffalo Sabres
Joined: 07.02.2019

Feb 7 @ 1:19 PM ET
I'd love to know what the recourse is if they were sold, then the new owner decided to relocate after a year or so of financial losses.

So, Golidano did the City of Buffalo a solid by inserting that language into the Sale Contract to Pegula.
Pegula sells to someone in good faith to keep the team in Buffalo.
New owner decided layer it is time to move.
Who is contesting the move, City of Buffalo, or some combination of local government entities? Pegula?
Is Golidano going to sue Pegula, who in return sues the new owner...all for "lost Revenue/Profits because each tool a lower price as a result having the no movement clause?
Do other NHL Team Owners get hard over the higher revenue potential in a larger market and grease the skids to enable the move?

I'd love to see this play out in a court of law.

- IonSabres


All I know is what I said several months ago. I know someone who was directly involved in moving the Hamilton Bulldogs to Brantford.

They are doing millions in renovations, and as of the last time I talked to my guy, Andlauer doesn’t have anything from Hamilton saying they will be welcoming the team back.

Would be weird for the tax payer to fund millions of dollars in renovations for it to sit empty no ?
washedup20
Location: the little apple
Joined: 08.19.2014

Feb 7 @ 1:19 PM ET
I'd love to know what the recourse is if they were sold, then the new owner decided to relocate after a year or so of financial losses.

So, Golidano did the City of Buffalo a solid by inserting that language into the Sale Contract to Pegula.
Pegula sells to someone in good faith to keep the team in Buffalo.
New owner decided layer it is time to move.
Who is contesting the move, City of Buffalo, or some combination of local government entities? Pegula?
Is Golidano going to sue Pegula, who in return sues the new owner...all for "lost Revenue/Profits because each tool a lower price as a result having the no movement clause?
Do other NHL Team Owners get hard over the higher revenue potential in a larger market and grease the skids to enable the move?

I'd love to see this play out in a court of law.

- IonSabres


Well said, I was thinking this as well.
Swedish_Jesus
Buffalo Sabres
Joined: 07.02.2019

Feb 7 @ 1:19 PM ET
I don't know where that number is coming from. Sounds like one time pandemic number to me.
- Lunaion


Could be right. From a methodology stand point though my point stands even if the numbers change.

IonSabres
Buffalo Sabres
Location: I said that months ago, keep up!, FL
Joined: 03.10.2013

Feb 7 @ 1:23 PM ET
Anyone buys the Sabres they’re buying a club that loses 30 million a year. The Bills and the Peg’s deep pockets have been covering the loses. No one that has that kind of money is looking at Buffalo as a viable market. Unless they happen to have even more hubris and delusions of grandeur that they could throw even more money at this mess and do better. I just don’t see it.
- Buffalo--Sabres


Increase the cost of tickets, internal budgets, win to get PO Revenue.
There are ways to trim the losses.

They have been focused on the Internal Budget method. Increase ticket prices by $10 each would cover half of it, but to do so they need to be a winning, competitive team...that makes the PO's and can get say 4 games at home.
Lunaion
Joined: 05.23.2016

Feb 7 @ 1:26 PM ET
Could be right. From a methodology stand point though my point stands even if the numbers change.
- Swedish_Jesus


And you're right. I'd just be surprised if that number were $40 million this year.

During the pandemic, I think they legitimately took some heavy losses. No fans had to kill them.
QuinnFan
Buffalo Sabres
Location: Formerly Visionville, Now Purgatory
Joined: 07.29.2021

Feb 7 @ 1:27 PM ET
If Pegs was out for money, he'd be on Adams to make the team better you'd think.
IonSabres
Buffalo Sabres
Location: I said that months ago, keep up!, FL
Joined: 03.10.2013

Feb 7 @ 1:34 PM ET
He'll get a couple. I wanted to see him get 30+ this season.

They aren't setting themselves up well for next season if they don't get these guys meaningful time...unless they aren't part of the plan.

- Lunaion


I said this back in October.
They are blocking prospects in a year that completely makes zero sense to do so...especially now.
Lunaion
Joined: 05.23.2016

Feb 7 @ 1:41 PM ET
I said this back in October.
They are blocking prospects in a year that completely makes zero sense to do so...especially now.

- IonSabres


It's aggravating. For all the talk, I don't think they actually have a plan for these kids.
homiedclown
Buffalo Sabres
Location: We want 1, FL
Joined: 02.24.2008

Feb 7 @ 1:46 PM ET
It's aggravating. For all the talk, I don't think they actually have a plan for these kids.
- Lunaion

homiedclown
Buffalo Sabres
Location: We want 1, FL
Joined: 02.24.2008

Feb 7 @ 1:47 PM ET
I said this back in October.
They are blocking prospects in a year that completely makes zero sense to do so...especially now.

- IonSabres

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