Find out who owns the Buffalo Sabres, the owner's net worth, source of wealth and ownership history of the National Hockey League franchise.
The Buffalo Sabres are a household franchise based in Buffalo, New York. It was founded in 1970.
Who owns the Buffalo Sabres?
The Buffalo Sabres NHL franchise is owned by Terry Pegula, who purchased the team in 2011 for around$189 million.
Buffalo Sabres ownership structure
Terry Pegula
Terry Pegula is an American businessman and petroleum engineer known for his investments and ownership of multiple franchises. He owns the Buffalo Sabres of the NHL, Buffalo Bandits (National Lacrosse League) and Rochester Americans (American Hockey League)
Terry led a consortium of private equity firms and athletes to acquire the Buffalo Bills NFL franchise. He has investments in natural gas development, real estate, and entertainment and has a net worth of around $7 billion.
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Club Net Worth & Valuation
According to figures from Forbes, the Buffalo Sabres are valued at $1.1 billion.
Club Ownership History
The Buffalo Sabres were founded in 1970 as an expansion franchise in the NHL and were originally owned by Seymour Knox III and Northrup Knox.
Terry Pegula became the new owner following the acquisition of the team in 2011.
The Buffalo Sabres Hockey Club plays its home games at the KeyBank Centre located in Buffalo.