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Terrence Pegula reportedly interested

Updated: November 30, 2010, 11:30 AM ET
ESPN.com news services

BUFFALO, N.Y. -- Buffalo Sabres minority owner Larry Quinn denied a report that billionaire Terrence Pegula has signed a letter of intent to purchase the team.

"The report is not true. We have not signed a letter of intent with anybody," Quinn told ESPN.com Tuesday. "That's all I'm going to say at this time."

Quinn would not comment about Pegula's possible interest, but another source confirmed to ESPN.com that Pegula has expressed interest in possibly buying the ...

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