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Sale Of Sabres Approved By NHL Board Of Governors

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Getty Images still doesn't haven any pictures of Terry Pegula.
Getty Images still doesn't haven any pictures of Terry Pegula.
Getty Images

UPDATED with comments from Darcy Regier after the break.

Well, folks, it's finally official - WGR is reporting that the sale of the Buffalo Sabres to billionaire Terry Pegula has been approved by the NHL Board of Governors. The official team announcement is expected to take place on Tuesday, Ferbruary 22nd at a press conference scheduled for that morning. The NHL is expected to make its announcement of the sale sometime tonight, according to Sabres Edge.

We can, at this moment, consider Pegula the actual owner of the Sabres which is a day many fans have been waiting for since his interest in the team was announced in November. As of today nobody knows for sure what the new owner's plans are for the immediate future, as he has been reticent to talk with the media and there have been conflicting reports on the fate of both the coach and GM.

Hopefully Pegula will be willing to comment on some big issues on Tuesday, rather than staying closed-lipped about his plans for the team as he has so far. Topics of extreme interest for this Tuesday's presser will include the fates of Lindy Ruff and Darcy Regier, and the plan for the trade deadline.

One piece of information that we do seem to know is that Pegula is expected to bring in former Pittsburgh Penguins VP Ted Black, a man who was a big part of both the Penguins rebuilding efforts right after the lockout and the construction of their new arena this past year. Black's potential position with the Sabres organization is still unknown.

If you happen to be near a radio or computer right now, Sabres GM Darcy Regier will be joining Mike Schopp and the Bulldog on WGR at 5:25 - which should be an interesting conversation to say the last. We'll be updating this post throughout the night with any relevant information as we hear it.

Darcy's comments on WGR:

On Pegula: "It's a new era. It's going to be different. I don't know we'll all get to experience how different it is." (Ed. Note: If that isn't one of your all-time "What did he mean by that?" comments, I don't know what is. Your guess is as good as mine.)

After mentioning that Pegula has a good knowledge of various players around the league, Regier stated, "I expect him to be involved and hands on in a good way."

On trade deadline: "Whatever deals we do going into the deadline need to address not just this season, but the future."

Also, I couldn't get the exact quote (as I'm typing this live) but Regier did admit that the Sabres have had more misses than hits when it comes to rental players. He also said he's going to try to build a Cup-winning team, not just a team that makes the playoffs for the sake of making the playoffs.

On Enroth: "You [Enroth] are not at the age or point in your development to sit on the bench." Darcy doesn't know when Enroth will be back. "He was good [in Montreal], and he's a young man who really enjoys and thrives on that competition." Next season he has a "real good opportunity" to be the backup.

On Miller: Every goalie goes through these rough periods. He really believes that Miller is going to pick his game up the rest of the season.