Terrence Pegula is the owner of Pegula Sports and Entertainment which owns the Buffalo Sabres of the National Hockey League and, with his wife Kim Pegula, the Buffalo Bills of the National Football League .
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Terrence Pegula is the owner of Pegula Sports and Entertainment which owns the Buffalo Sabres of the National Hockey League and, with his wife Kim Pegula, the Buffalo Bills of the National Football League .
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In February 2011, Terrence Pegula purchased Hockey Western New York LLC from previous owners Tom Golisano, Larry Quinn, and Dan DiPofi for $189 million.
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Terrence Pegula's purchase made an immediate positive impact, with players, fans and alumni invigorated by his investment in the team, the then First Niagara Center and the building of Harborcenter across the street.
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In May 2011, Terrence Pegula began negotiations on behalf of the Sabres to re-purchase the Rochester Americans, which had served as the Sabres' American Hockey League affiliate from 1979 to 2008 ; the deal was completed in late June 2011.
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Terrence Pegula was a favorite among most local Bills fans and local politicians to buy the team due to his commitment to the Western New York area and local connections.
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Terrence Pegula competed against future U S President Donald Trump and musician Jon Bon Jovi, the latter of whom was backed by principals of the Toronto-based Maple Leaf Sports and Entertainment, for purchase of the team.
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In 2018, Terrence Pegula reached an agreement to purchase the intellectual property of the Rochester Knighthawks of the National Lacrosse League in autumn 2019.
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Terrence Pegula eventually sold the Pennsylvania, New York, and Rocky Mountain assets of the company to Royal Dutch Shell for approximately $4.
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Terrence Pegula sold the Ohio and West Virginia assets of the company to American Energy Partners, LP for $1.
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Terrence Pegula is the operator of KeyBank Center and Blue Cross Arena.
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In 2017, Pegula purchased 79 Perry Street, near KeyBank Center and teamed up with Labatt USA to redevelop the building into a mixed use facility including a small test brewery called the "Labatt Brew House" and restaurant called "The Draft Room" as well as Labatt's U S headquarters, Pegula Sports and Entertainment's headquarters, and residential space.
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Terrence Pegula owns a share of Black River Entertainment, an independent country music label.
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Also under the Terrence Pegula umbrella is Impact Sports Performance, two high performance athletic training facilities which are based in Boca Raton, Florida and LECOM Harborcenter in Buffalo.
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Terrence Pegula owned 716 Food and Sport, a two floor sports themed restaurant which serves as the main business tenant of LECOM Harborcenter until he sold it to Southern Tier Brewing Company in 2021.
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An alumnus of Pennsylvania State University, Terrence Pegula donated $102 million for the construction of the on-campus Terrence Pegula Ice Arena in 2010.
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Terrence Pegula currently lives in Boca Raton, Florida, along with his second wife, Kim Pegula, who grew up in Fairport, New York, and is a graduate of Houghton College.
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Terrence Pegula has five children, two from a previous marriage and three with Kim .
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Jessica Terrence Pegula is a top 10 tennis player on the Women's Tennis Association's Pro Circuit.
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