And the news we've all been waiting for -- Darcy Regier and Ron Rolston are out and Pat LaFontaine and Ted Nolan are in.

"Last night I relieved Darcy Regier from his duties as Buffalo Sabres general manager and Ron Rolston as head coach," Sabres owner Terry Pegula said at a press conference at First Niagara Center.

Pegula announced the creation of a new title in the Sabres organization, president of hockey operations, which will be filled by LaFontaine. Ted Nolan was named interim head coach effective today.

Ted Black said: "It gives me great pleasure to introduce Pat. His accomplishments are easily summarized: Hall of Famer. .... Pat is a better person than he ever was a hockey player."

LaFontaine said that he knows Buffalo, the passion of the fans and the hard work and effort that the region embraces and that he will actively be looking for a new general manager.

Nolan returns to Buffalo and it feels a bit like a homecoming for him.

"I don't know there's enough words inside me to express how excited I really am," Nolan said. "I may have left [Buffalo] physically but emotionally and spiritually I never left. It's a big part of who I am."

Nolan, who got emotional during the press conference, noted he had been some tough times, thinking he wouldn't get the chance to coach in the NHL again.