1. Preheat oven to 400°.
2. Rub pepper into both sides of meat.
3. In a large oven-proof sauté pan, heat butter over medium-high heat; sear meat on both sides (3-4 min. total).
4. Transfer to preheated oven; roast to medium-rare (9-14 min.).
5. Transfer steaks to a plate; cover with foil and let rest for 10 min.
6. Put the pan used for the meat on the stovetop over medium heat; stir sherry into drippings, scraping up browned bits from bottom of pan.
7. Whisk in remaining ingredients; cook and stir until sauce is thickened and reduced by ½ (about 5 min.).
8. Return steak to the pan; turn to coat.
9. Slice steak on the diagonal; arranging on a serving platter
10. Pour hot sauce over steak; serve immediately.

Tasty Tip:

• Bison producers often recommend cooking bison steaks to 115°. As with grass-fed meat, bison texture is best when it is not cooked past medium. USDA guidelines recommend cooking to 145°.