Tom Golisano appears to be ready to announce the sale of the Buffalo Sabres after the World Junior Championship concludes.
The story that has been going and going for the last month seems to be coming to an end with WGRZ reporting that the announcement of the Sabres sale will be announced after the World Junior Championship tournament ends. From Scott Brown:
Golisano doesn't want an announcement regarding the sale of the team detracting attention from the tournament, which is a point of pride for the Sabres' organization.
Our source says that Golisano has reached an agreement in principle for the sale of the team to Pegula.
Now, the only thing left in terms of Pegula owning the team is approval by the NHL's Board of Governors, but given Pegula's wealth, and his commitment to keeping the team in Buffalo, that's expected to be a mere formality.
As part of the sale, it's expected that team President Larry Quinn and Chief Operating Officer Dan DiPofi, who both own small pieces of the team, would be bought out as well.
As this season seems to be spiraling out of control, the outlook for the future seems a little rosier.