Sabres Managing Partner/Minority Owner Larry Quinn has issued the following statement:
"Reports regarding the sale of the Buffalo Sabres tend to surface from time to time. There have been several inquiries in the past few years regarding this subject. Our company policy is we do not comment on them because people make inquiries all the time. Some of these inquiries are serious, some are not, some make the media and others do not. The report that a $150 million letter of intent has been signed is simply not true.”
The Sabres have further clarified that statement to me, indicating no letter has been signed at any price and not just at the figure quoted by The Hockey News earlier today. We'll have to see where this goes. A story changing by the hour.