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Pegula still committed to new Penn State arena, hockey programs

Terry Pegula

Buffalo Sabres owner Terry Pegula talks with reporters during an NHL hockey news conference in Buffalo, N.Y., Thursday, Sept. 15, 2011. The Sabres re-signed Tyler Myers to a 7-year deal. (AP Photo/David Duprey)


Just over a year ago, Sabres owner Terry Pegula made an $88-million donation to his alma mater, Penn State University. The funds were to help build an arena that would house the men’s and women’s hockey teams. Those teams would then be able to graduate from club status to the NCAA’s top level, starting in 2012.

When the sex-abuse scandal at Penn State blew up, there were those in the media who wondered if Pegula had anything to say on the topic.

Of course, what they really wanted to know is if Pegula planned to withdraw his donation.

Today, Pegula released the following statement:

“The events that are unfolding at Penn State University are deeply troubling and a matter of great concern to me and my wife Kim. As many have expressed, our primary concern is for the individuals and families who may have been victimized.

“Penn State’s reputation has been severely tarnished. We are encouraged to see the University trustees have begun the process of restoring integrity and trust in the institution. This process will take a period of time and trust will need to be re-earned as a result of these recent disclosures.

“Penn State is supported by millions of students, alumni, faculty, staff and administrators. Our own support for Penn State and its hockey program is well known and will continue. We expect the University will carry out its educational mission with high standards and integrity.”