One Buffalo
Pegula Sports & Entertainment (PSE) was an American sports and entertainment company based in Buffalo, New York. The company was established after billionaire Terry Pegula combined his sports, property and entertainment assets into one company. The company's assets included the Buffalo Bills of the National Football League, the Buffalo Sabres of the National Hockey League, the Buffalo Bandits and the Rochester Knighthawks of the National Lacrosse League, and the Rochester Americans of the American Hockey League. The company was operated by Kim Pegula, Terry's wife, as president and CEO.
On August 28, 2023, Pegula Sports and Entertainment was dissolved, with the Bills and Sabres to be operated as "separate organizations" according to Terry Pegula. Pegula will remain owner and president of both franchises. A series of transactions in 2024, tied to Kim Pegula's incapacitation, led to her stake in the Bills being placed into an estate controlled by Terry Pegula and Bob Long, a small portion being sold to Terry's daughter Laura Pegula, and further portions sold to private equity firm Arctos, a coalition of private equity and banking executives, and Toronto athletes Vince Carter, Tracy McGrady and Jozy Altidore. Terry Pegula's other sports assets remain fully under his ownership.
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