In a monumental announcement that has electrified the hockey world, Buffalo Sabres owner Terry Pegula, alongside the Perreault family, has confirmed that Hall of Fame center and franchise icon Gilbert Perreault will officially return to the organization in 2025 — this time as co-owner.
The surprise news was unveiled this morning during a joint press conference at KeyBank Center, where Pegula praised Perreault’s lifelong commitment to the city and the franchise he helped define.
“There is no one more symbolic of what the Buffalo Sabres stand for than Gilbert Perreault,” said Pegula. “Having him return to the team, not just in spirit but in leadership, is an incredible moment for our organization and for Sabres fans everywhere.”
Perreault, now 75, was the first-ever draft pick of the Buffalo Sabres in 1970 and spent his entire 17-year NHL career with the team. He amassed 512 goals and 814 assists, earning nine All-Star appearances and cementing his place as one of the greatest players in NHL history.
The Perreault family released a statement expressing their excitement about the new role:
“Buffalo has always been home to us. Gilbert is honored to rejoin the Sabres family in this meaningful way and is eager to contribute to a new era of excellence for the franchise.”
Perreault’s co-ownership role will reportedly include input on player development, community outreach, and long-term strategic planning. While no financial details have been disclosed, insiders say the agreement reflects a deep mutual respect between the Pegulas and the Perreault legacy.
This unprecedented reunion between the team and its most iconic player marks a nostalgic yet forward-looking chapter for a franchise hungry to return to Stanley Cup contention.
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