American billionaire businessman Terrence Pegula is also a petroleum engineer. He is the owner of Pegula Sports and Entertainment, which also owns the National Hockey League’s Buffalo Sabres. As of July 2021, his net worth was above $7 billion, according to Bloomberg. Tom Golisano, Larry Quinn, and Dan DiPofi sold Hockey Western New York LLC to Pegula for $189 million in February 2011.
Players, fans, and alumni were all energized by Pegula’s investment in the team, the former First Niagara Center, and the construction of Harborcenter across the street. His purchase had an immediate positive effect. Pegula acquired the Buffalo Beauts of the National Women’s Hockey League, it was revealed in December 2017. (NWHL).
In 2019, he sold the Beauts. He came to an agreement in 2018 to buy the Rochester Knighthawks of the National Lacrosse League’s intellectual property in the fall of 2019. Curt Styres organized the deal because he intended to transfer his personnel to a new Halifax NLL squad that would make its debut in the 2020 winter. Pegula founded Bison Wealth, an Atlanta, Georgia-based back-office consulting firm, in July 2022.
Who was Terry Pegula First Wife Kim Kerr?
Kim Kerr is the wife of Billionaire businessman, Terry Pegula. Kim follows in the footsteps of her husband as she is also a businesswoman. From 1991 until its sale in 2010, Kim was active in the East Resources, her husband’s business. She had an impact on the design and development of LECOM Harborcenter, a mixed-use project close to the Sabres arena and a component in downtown Buffalo’s rebirth.
She was appointed to the National Football League’s business ventures committee in March 2018 to take Russ Brandon’s place. She presently serves on the NFL’s advisory group for the Super Bowl and other events.