News of the team being up for sale has resurfaced before. In 2008, several outlets including ESPN reported that Golisano, who has owned the team since 2003, was considering a sale to Basillie. Sabres minority owner Larry Quinn denied reports at the time as did Basille via his lawyer.
More talk of a sale surfaced in July 2010 when Golisano said he’d “probably be the owner of the Buffalo Sabres in five years.”
Via Biz Of Hockey Blog.