I keep going back and forth on this. Some days I think Ralph did some really great things to preserve this teams future in Buffalo, and other days I think he's created a scenario that will make it very difficult for someone to own and keep the team in Buffalo.
I understand that tax consequences likely played a role in any decisions that were made in this process. Do any of you know the story of how Art Modell sold the Baltimore Ravens to Steve Bisciotti? Art Modell knew it was time to start the transition, but he wanted to do it in a tax efficient way. He also loved owning an NFL team and wanted to remain as a part of the organization he'd run since the beginning. They decided to sell it in stages. They did this in a way that made the team, the owners (new and old) and the city happy.
Now, I'm NOT saying that Art Modell is a saint. Hell, if Art Modell would've been Buffalo's original owner instead of Ralph, they likely would've left 20 years ago! So please don't take this as anything other than pointing out that there are a number of ways to skin the cat here.
I fear that this team is absolutely ripe for the picking, and it's ripe because of the way Ralph set things up. DISCLAIMER - I DIDN'T SAY THAT I KNOW THE TEAM IS RIPE, I SAID I FEAR THE TEAM IS RIPE. NONE OF US HAVE ENOUGH INFO TO SAY THAT WE KNOW ANYTHING.
1. I fear that by opening it up to the highest bidder, you actually create a situation where it can ONLY make sense for an ownership group who plans on moving them to a new, bigger market. Let's say the bidding process begins and you have one group operating on the economics with the city of Toronto, and another one using the economics from Buffalo. I'm sorry, Buffalo, but you lose this battle. There is a lot of big money in Toronto. You'd have luxury boxes, higher ticket prices, corporate sponsorship, etc. Because of this, a Toronto ownership group can afford to bid WAY more for the club. I would guess that even with the LEAGUE's relocation fee, the owner of this club could afford to pay greater than $1Billion, maybe even $1.2. Now, you will say "but, the lease! They can't move because of the lease!". No. They can't move NOW because of the lease. You need to remember two things: if the next owner plans on moving the club, they will have their own challenges around building a new stadium in a new market. This will take just as much time in Toronto as it would in Buffalo. The timing on the expiration of the lease will work just fine for a team that wants to move. The Toronto group wouldn't have a plan to buy the Bills and keep them for 10 or 20 years, this would be a 50+ year plan. If they need to overpay a bit now and keep them in Buffalo for 10 more years, in order to secure a 50 year future in Toronto, they're gonna do it.
2. If the Toronto group DOESN'T end up buying the team, there is a very good chance that they could drive the price up. This is also not a good thing for the long term health of the franchise in Buffalo. Overpaying for the club could handcuff the next owner in a number of ways. It's critical that, they get the club at a price that would allow them to be healthy and profitable in the Buffalo market. If foreign owners drive up the price, that could be a challenge.
3. It is absolutely silly to think that the NFL would block a move to Toronto. It is Roger Goodell's job to grow the league and generate wealth for the owners. I don't care that he's from western NY. He could've been born in the bathroom at Anchor Bar. It doesn't change the fact that he earned $40 million last year. He answers to the collective owners in the league. He has more loyalty to them than he will EVER have to the city of Buffalo. Sorry. If a group from TO will add significant long term $$$ to the NFL, he's gonna allow it, and getting 24 votes isn't going to be tough. This is a big business. The owners and Goodell will get over the hurt feelings they'll cause in Buffalo.
Again, these are simply my FEARS. For all I know, Ralph could've set up the sale years ago to a group that will keep them in Buffalo. If, however, it is actually as has been reported for years, that this team will be sold to the highest bidder, I think this club is doomed to leave when this lease expires.
I don't mean any disrespect to the Wilson family or anyone close with Ralph Wilson. Just wanted to give my take on things.
GO BILLS