Wednesday, July 30, 2014

Fracking mogul bids over $1 billion for Buffalo Bills: Report

A Pennsylvania fracking mogul bid more than $1 billion for the Buffalo Bills on Tuesday — making it likely the team will attract a record sales price for an NFL team.

It was one of only two known bids — which were due by 5 p.m. Tuesday — for the storied NFL franchise, according to the New York Post.

Terrence Pegula, who owns the NHL Buffalo Sabres, made the record-breaking opening offer. The team was put on the block last spring following the March 25 death of owner Ralph Wilson Jr..



Donald Trump made the other offer but has admitted he probably underbid because he's "not going to do something stupid" to call the team his.

It could not be learned whether other bids were received by banker Morgan Stanley, which is running the auction, said the newspaper.

A controversial group fronted by Jon Bon Jovi that includes Larry Tanenbaum, chairman of Maple Leaf Sports & Entertainment, owner of the NBA Toronto Raptors and the NHL Maple Leafs, and the Canadian Rogers family, which controls Rogers Communications, was expected to bid.

The Bon Jovi group is expected to try and move the team to Toronto. A move that has made the rocker an unpopular figure in the western New York city.

“Man, f–k Bon Jovi,” legendary Bills receiver Andre Reed, told New York Magazine. “You might as well just take this city, throw it in the river, and let it go down Niagara Falls.”

And, as usual, there were rumored bidders who were eyeing a move to Los Angeles, which has been without an NFL team since 1994.

First-round bids are usually just high enough to pique the interest of a seller and kick off the selling process.

The $1.1 billion sale of the Miami Dolphins in 2008 is the highest price ever paid for an NFL team.

4 comments:

  1. After polluting the environment and getting people sick. Smh! No way!

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  2. If the Bills leave this area then I leave the NFL. I've been there fan scene the rock pile.
    ed.

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  3. I watched the Bills come into the league and have been following them ever since without " jumping ship " !!!

    All I can say concerning the sale of the Bills is....

    I hope that when all is said and done, and the sale is final, that the Wilson kids haven't taken the " Fast Bucks " and " skip town " !!!

    Mr. Wilson is an Icon in the NFL ! He was revered and admired for what he accomplished and stood for !!!

    I have just one more thing to say....

    Hey Wilson Kids??? I sure hope You are not going to allow the " Almighty Dollar " ruin and bring down your Fathers' Legacy !!!!!

    I live out here in Utah, and have done so for the past 43 years. I STILL have not left the Bills !

    It would be a SHAME to see anything less then the Buffalo Bills remaining in Buffalo !!!

    If the Wilson Kids allow the Bills to be taken from Buffalo, it only means that they did not HONOR their Father !!!

    Robert Cooney
    Grew up in West Seneca New York
    Lives in Cottonwood Heights Utah

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  4. Bon Jovi would be the best owner. The negative fan responses have to be from Donald Trumps dream team from the Koch brothers and/or the fracker boss.

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