The Buffalo Sabres are undergoing a similar shift in their management structure in the wake of changes with the Buffalo Bills. On Monday, it was announced that owner Terry Pegula will become President of the Sabres and that Pegula Sports & Entertainment will be dissolved and separating resources, allowing each respective organization to focus singularly on their efforts.
Pegula took over as President of the Bills last month after the dismissal of Ron Raccuia as COO and executive vice president of the football club. There had been an overlapping of management teams going back to former Bills President Russ Brandon becoming the same for the Sabres in 2015. After his resignation in 2018, Kim Pegula took over his roles within both organizations, but that ended unfortunately with her health crisis in June 2022.
The Buffalo Sabres have announced that Terry Pegula has been named Sabres president.
Pegula Sports & Entertainment will be separating resources between the Buffalo Bills and Buffalo Sabres, allowing each respective organization to focus singularly on their efforts.
— Buffalo Sabres (@BuffaloSabres) August 28, 2023
“We are thankful for the work and effort so many individuals have put into PSE over the years, but feel it is the right time for them to return home to separate organizations,” Terry Pegula said in a press release. “We feel that now is the right time to dissolve PSE and allow everyone to focus solely on their respective organization. It is a great time to be a Buffalo sports fan and we have a tremendous amount of confidence that this restructuring will allow our businesses to continue to elevate with our teams.”
Pegula will work closely with COO John Roth leading the business side of the organization and Sabres GM Kevyn Adams leading the hockey side, and the separation and streamlining of the organizational operations will reflect Pegula being more hands-on.
“Terry likes ‘teams’ to be running things,” Roth said to the Buffalo News. “If you look at the structure of the Bills, it is really more about a team. And so we have the three of us that are on the management team that are really working with Terry on a day-to-day basis. That’s how he built his company. And that’s how he’s been able to be successful.”