Terry Pegula had some important news to share with his daughter, so he sent her a three-word text that pretty much summed it up.

Pegula is the billionaire owner of the Buffalo Sabres and, as of Wednesday, the Buffalo Bills. After the sale of the franchise to Pegula was unanimously approved, Pegula sent this text this his 20-year-old daughter, Jesse:

Not a bad text to receive during tennis practice. Jesse, by the way, is a professional tennis player who trains in South Florida.

It wasn't as if this was a surprise -- most people assumed the sale would go through. But you've got to love Pegula's concise way of delivering the big news.

Pegula and his wife, Kim, bought the Bills for $1.4 billion from the family of late owner Ralph Wilson. Wilson paid $25,000 to buy the team in 1959.

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