Terrence M. "Terry" Pegula (born March 27, 1951) is an American multi-billionaire who holds business interests in natural gas development, real estate, entertainment and professional sports. He is the owner of Pegula Sports and Entertainment which includes among other things full ownership of the Buffalo Sabres of the National Hockey League (NHL) and, along with his wife Kim Pegula, the Buffalo Bills of the National Football League (NFL).On February 18, 2011, Pegula purchased Hockey Western New York LLC (the holding company that owns the Buffalo Sabres and the Buffalo Bandits of the National Lacrosse League) from previous owners Tom Golisano, Larry Quinn, and Dan DiPofi for $189 million. 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. Pegula was quoted as saying, "Starting today, the Buffalo Sabres' reason for existence, will be to win a Stanley Cup." Wikipedia