By Mike Harrington
After making the customary apology to fans virtually every NHL owner has made this week in the wake of the lockout, Sabres owner Terry Pegula dropped a surprise on reporters at the start of his 22-minute news conference today in the Lexus Club at First Niagara Center: He has agreed to a contract extension with General Manager Darcy Regier.
Regier, who took over the club in the summer of 1997, signed what's believed to be a two-year extension in the fall of 2010 and it's not completely clear how long this extension will run. The Sabres do not release contract terms but Regier's original deal was not expiring after this season anyway.
"Both sides are happy with the arrangement," Pegula said. "And we look forward to continuing to work with Darcy into the future. The timing of this decision was not today. We've been talking about this. We had this agreement for quite some time. I approached him. Darcy is a talented guy. ... We work very well together and we're looking forward to the future."
Said Regier: "I am very grateful and honored to be able to continue in this capacity working with this ownership."
In other notes from the press conference:
---Pegula on the lockout: "It's good to be back. I can tell you as an organization, the Sabres are very glad to be playing hockey again. We apologize to the whole hockey fan base, the media, our sponsors and our supporters for the hardship we may have put people through but sometimes things happen that you don't plan for in life."
---Pegula he talked often to NHL commissioner Gary Bettman during the lockout and said he felt it was necessary to help struggling small market teams. Pegula said he did not push for a quick resolution: "I'm a new owner so I'm not about to say, 'OK, here's what we're going to do, guys."
---Pegula said the Sabres' goal remains to win the Stanley Cup and he's been heartened by watching Boston and Los Angeles end droughts in the 40-year range by winning it the last two years.
---Regier said the team has already had organizational talks about the contracts of stars Ryan Miller, Jason Pominville and Thomas Vanek -- all of which expire after next season.
---Pegula on this year's club: "I think our team is a lot different than the team I inherited when I bought it. It's got a new imprint on it, a new mark. It looks like a good hockey team."
---Pegula used the term "totally inaccurate" when asked about numerous reports in Pennsylvania he paid $1.3 million to augment the salary of Penn State football coach Bill O'Brien and keep him in Happy Valley so he wouldn't jump to the NFL.
Full audio of the press conference is here
Terry Pegula/Darcy Regier/Ted Black
taggedDarcy Regier | Sabres | Sabres front office | Terry Pegula