{"id":25735,"date":"2003-04-10T11:37:15","date_gmt":"2003-04-10T16:37:15","guid":{"rendered":"http:\/\/www.uscho.com\/2003\/04\/10\/nhl-commish-bettman-announces-sabres-deal-at-frozen-four\/"},"modified":"2010-08-17T19:55:27","modified_gmt":"2010-08-18T00:55:27","slug":"nhl-commish-bettman-announces-sabres-deal-at-frozen-four","status":"publish","type":"post","link":"https:\/\/www.uscho.com\/2003\/04\/10\/nhl-commish-bettman-announces-sabres-deal-at-frozen-four\/","title":{"rendered":"NHL Commish Bettman Announces Sabres Deal At Frozen Four"},"content":{"rendered":"
National Hockey League commissioner Gary Bettman made an appearance at HSBC Arena Thursday during the Cornell-New Hampshire semifinal, announcing the sale of the Buffalo Sabres to billionaire businessman B. Thomas Golisano.<\/p>\n
<\/p>\n
Gary Bettman discusses the Sabres deal (photo: Ed Trefzger).<\/div>\n<\/div>\n
The bankrupt Sabres have been operated by the league pending the sale, which was approved by both U.S. bankruptcy court and the league’s board of governors.<\/p>\n
“First of all,” Bettman said, “it’s great to be at the Frozen Four, and it wasn’t my intention to announce something like this here.”<\/p>\n
Bettman, a Cornell alumnus in town for the Frozen Four, expects the deal to close within days.<\/p>\n
Golisano, the founder and chairman of Paychex, a payroll-processing firm, will pay $92 million for the team, including assumption of various debts. <\/p>\n
Apart from his business ventures, Golisano is also a three-time candidate for governor of New York on the Independence party ticket.<\/p>\n
After announcing the completion of the deal, Bettman saw his alma mater fall 3-2 to New Hampshire in the first national semifinal.<\/p>\n","protected":false},"excerpt":{"rendered":"
National Hockey League commissioner Gary Bettman made an appearance at HSBC Arena Thursday during the Cornell-New Hampshire semifinal, announcing the sale of the Buffalo Sabres to billionaire businessman B. Thomas Golisano. Gary Bettman discusses the Sabres deal (photo: Ed Trefzger). The bankrupt Sabres have been operated by the league pending the sale, which was approved […]<\/p>\n","protected":false},"author":1,"featured_media":140328,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1],"tags":[],"coauthors":[],"acf":[],"yoast_head":"\n
NHL Commish Bettman Announces Sabres Deal At Frozen Four - College Hockey | USCHO.com<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n