Terry Pegula owns the Sabres and Bills. ©2023, Micheline Veluvolu

Terry Pegula dissolves PSE, names himself president of Sabres

The Buffalo Sabres and Bills are no longer united through Pegula Sports and Entertainment.

Owner Terry Pegula on Monday dissolved PSE and named himself president of the Sabres.

The Sabres and Bills had shared resources and operated under the “One Buffalo” umbrella since Pegula purchased the NFL franchise in 2014.

“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,” Pegula said in a statement. “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’s wife, Kim, a co-owner, also served as president of the Sabres before suffering cardiac arrest June 7, 2022.

Terry Pegula will keep working closely with Sabres chief operating officer John Roth and general manager Kevyn Adams, according to a press release.

It’s unclear what the restructuring means for the other franchises the Pegulas own, the American Hockey League’s Rochester Americans and the National Lacrosse League’s Buffalo Bandits and Rochester Knighthawks.

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