They are members of the Atlantic Division of the Eastern Conference of the National Hockey League (NHL). The team was established in 1970, along with the Vancouver Canucks, when the league expanded to 14 teams. They have played at KeyBank Center since 1996. Prior to that, the Buffalo Sabres played at the Buffalo Memorial Auditorium from the start of the franchise in 1970. The Sabres are owned by Terry Pegula, who purchased the club in 2011 from Tom Golisano.