((HT: WGRZ-TV))
It looks like the Buffalo Bills might be Terry Pegula's to lose...
After the review of a few of the opposing bids for the franchise, all three of them were under a billion dollars- and the Bon Jovi bid is on, according to the Toronto Sun, "life support..."
Pegula's bid is listed, by Forbes Magazine, at $890-million. The Bon Jovi/Toronto bid is $820-million, and Donald Trump's is listed only at $809-million. Tom Golisano is thinking about submitting a bid, but it will be up to the Ralph Wilson Trust as to whether or not they will accept any bids.
Here's the latest on the sale
The final bids are set for the next two weeks...
Until the deadline is shifted again...
Showing posts with label Larry Tanenbaum. Show all posts
Showing posts with label Larry Tanenbaum. Show all posts
Thursday, August 21, 2014
Sunday, August 3, 2014
Bon Jovi Tries To Clear The Air About The Bills, Goodell Almost Comments
((HT: WGRZ-TV))
The three groups that are chasing the Buffalo Bills ownership are getting to the next stage.
The Terry Pegula and Donald Trump groups are ready for Round 2 vetting and the group that is causing the most concern is the group that includes Jon Bon Jovi and the two Toronto backers- Rogers Communications and Larry Tanenbaum of MLSE.
Bon Jovi took to the Buffalo News to try and dispel the notion that, if his group gets the winning bid, they will exercise the lone option year buyout in 2020 to move the franchise to the T-Dot. Part of the deal to buy includes not moving the team during the tenure of its lease agreement and the Trust not being able to negotiate with a group whose intent is to move the franchise.
The open letter to the paper included:
“My family and I are prepared to make this life-changing commitment to be part of the Bills. This is not a hobby or an acquisition. Building a winner on and off the field will be job one and I intend to spend as much time on the ground in Buffalo as needed to accomplish that goal.”
Naturally, a lot of fans are skeptical as are some of the Bills ex-players.
Here's a long live shot from Adam Benigni where the Commissioner addressed the issue, but didn't...
The local Bills fans making a push to exclude the Bob Jovi group are quick to point out that nowhere in the letter did the rocker mention his two very rich partners in his "plan" for the future.
The three groups that are chasing the Buffalo Bills ownership are getting to the next stage.
The Terry Pegula and Donald Trump groups are ready for Round 2 vetting and the group that is causing the most concern is the group that includes Jon Bon Jovi and the two Toronto backers- Rogers Communications and Larry Tanenbaum of MLSE.
Bon Jovi took to the Buffalo News to try and dispel the notion that, if his group gets the winning bid, they will exercise the lone option year buyout in 2020 to move the franchise to the T-Dot. Part of the deal to buy includes not moving the team during the tenure of its lease agreement and the Trust not being able to negotiate with a group whose intent is to move the franchise.
The open letter to the paper included:
“My family and I are prepared to make this life-changing commitment to be part of the Bills. This is not a hobby or an acquisition. Building a winner on and off the field will be job one and I intend to spend as much time on the ground in Buffalo as needed to accomplish that goal.”
Naturally, a lot of fans are skeptical as are some of the Bills ex-players.
Here's a long live shot from Adam Benigni where the Commissioner addressed the issue, but didn't...
The local Bills fans making a push to exclude the Bob Jovi group are quick to point out that nowhere in the letter did the rocker mention his two very rich partners in his "plan" for the future.
Wednesday, July 30, 2014
Three Bidders Meet First Bills Deadline
((HT: WGRZ-TV))
However, former Buffalo Sabres owner Tom Golisano didn't meet the first deadline. He still could throw his name into the hat if the trust overseeing the estate of Ralph Wilson extends the deadline.
The three are:
Donald Trump
Jon Bon Jovi in concert (pun unintentional) with Ed Rogers of Rogers Communications and Larry Tanenbaum of MLSE- they would keep the team in western New York, but obviously, would want games at SkyDome
Terry Pegula- current owner of the Sabres
Here's a look at the Pegula bid
John Kryk of the Toronto Sun has a look at those who came close, but didn't do anything by yesterday's deadline: "...bond investor Jeffrey Gundlach explored placing a bid, as had C. Dean Metropoulos, owner of the Pabst brewing company. And Western New York developer Scott Congel had mulled bidding either alone or with someone else, merely to aid his objective to build a new Bills stadium as part of an immense, multi-pronged redevelopment of a large property his family controls in West Seneca, just south of Buffalo."
Look for the trust overseers to start vetting the ownership groups over the next week or so.
However, former Buffalo Sabres owner Tom Golisano didn't meet the first deadline. He still could throw his name into the hat if the trust overseeing the estate of Ralph Wilson extends the deadline.
The three are:
Donald Trump
Jon Bon Jovi in concert (pun unintentional) with Ed Rogers of Rogers Communications and Larry Tanenbaum of MLSE- they would keep the team in western New York, but obviously, would want games at SkyDome
Terry Pegula- current owner of the Sabres
Here's a look at the Pegula bid
John Kryk of the Toronto Sun has a look at those who came close, but didn't do anything by yesterday's deadline: "...bond investor Jeffrey Gundlach explored placing a bid, as had C. Dean Metropoulos, owner of the Pabst brewing company. And Western New York developer Scott Congel had mulled bidding either alone or with someone else, merely to aid his objective to build a new Bills stadium as part of an immense, multi-pronged redevelopment of a large property his family controls in West Seneca, just south of Buffalo."
Look for the trust overseers to start vetting the ownership groups over the next week or so.
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