On February 18, 2011, Terrence Pegula purchased Hockey Western New York LLC (the holding company that owns the Buffalo Sabres and the Buffalo Bandits of the National Lacrosse League) from previous owners Tom Golisano, Larry Quinn, and Dan DiPofi for $189 million. Terrence Pegula’s purchase made an immediate positive impact, with players, fans, and alumni invigorated by his investment in the team, the First Niagara Center, and the building of HarborCenter across the street. Pegula was quoted as saying, “Starting today, the Buffalo Sabres’ reason for existence, will be to win a Stanley Cup.”