Back Pegula Sports and Entertainment Russian Pegula Sports and Entertainment Swedish 佩古拉體育和娛樂 Chinese
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| Company type | Private |
|---|---|
| Industry | Professional sports, property management, entertainment |
| Founded | 2011 |
| Founders | Terry Pegula Kim Pegula |
| Defunct | 2023 (dissolved) |
| Headquarters | , United States |
Area served | Western New York |
| Products | Professional sports teams, sports venues, sports channels, music, restaurants |
| Subsidiaries | Hockey Western New York LLC (Buffalo Sabres, Buffalo Bandits, Rochester Americans) Buffalo Bills Rochester Knighthawks LECOM Harborcenter Black River Entertainment MSG Western New York Highmark Stadium KeyBank Center Blue Cross Arena |
| Website | Official Site |
Pegula Sports & Entertainment (PSE) was an American sports and entertainment company based in Buffalo, New York. The company was established after billionaire Terry Pegula combined his sports, property and entertainment assets into one company. The company's assets included the Buffalo Bills of the National Football League, the Buffalo Sabres of the National Hockey League, the Buffalo Bandits and the Rochester Knighthawks of the National Lacrosse League, and the Rochester Americans of the American Hockey League. The company was operated by Kim Pegula, Terry's wife, as president and CEO.
On August 28, 2023, Pegula Sports and Entertainment was dissolved,[1] with the Bills and Sabres to be operated as "separate organizations" according to Terry Pegula.[2] Pegula will remain owner and president of both franchises. A series of transactions in 2024, tied to Kim Pegula's incapacitation, led to her stake in the Bills being placed into an estate controlled by Terry Pegula and Bob Long, a small portion being sold to Terry's daughter Laura Pegula,[3] and further portions sold to private equity firm Arctos, a coalition of private equity and banking executives, and Toronto athletes Vince Carter, Tracy McGrady and Jozy Altidore.[4] Terry Pegula's other sports assets remain fully under his ownership.
- ^ "Terry Pegula named Sabres president, restructuring on business side | Buffalo Sabres". 28 August 2023.
- ^ "Terry Pegula dissolves Pegula Sports and Entertainment in latest shakeup of Sabres, Bills". 28 August 2023.
- ^ Graham, Tim (May 1, 2024). "Terry Pegula transferred small percentage of Bills to daughter Laura Pegula". The Athletic. Retrieved 2024-05-02.
- ^ Wilson, Brayton (2024-12-11). "NFL approves new minority ownership group for Bills". WBEN. Retrieved 2024-12-11.