Report: Sabres owner Terry Pegula acquires $1.75 billion after selling land

June 12, 10:25 AM

Buffalo Sabres owner Terry Pegula hasn't declared interest in purchasing the Buffalo Bills, though it looks like cash flow won't be an issue. 

According to The Buffalo NewsPegula freed up $1.75 billion after his East Resources Inc. and another undisclosed company sold 75,000 acres of land in West Virginia and Ohio.

According to the story, Forbes now estimates Pegula is worth $3.3 billion, giving him more than enough money to make a run at the Bills. 

Of course, Pegula has kept quiet on his intentions where the Bills are concerned, so this could be nothing more than a shrewd business move.