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WotAGuy

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Posts posted by WotAGuy

    Pegulas selling 25% of the Bills, per Tim Graham

    in The Stadium Wall

    Posted

    48 minutes ago, PBF81 said:

     

    The NFL has eaten itself to death.  It's grown to become an insatiable pig.  

     

    The Bills, in Buffalo, is the only reason I watch any of it anymore.  I typically don't even watch the Super Bowls anymore.  

     

    To each his own, but I have difficulty with anything that has become entirely about money to the extent that integrity is compromised.  

     

     

     

     


    Maybe if you are around long enough, it will all circle back to the way it used to be. For example, clothing styles and vinyl records!

    Pegulas selling 25% of the Bills, per Tim Graham

    in The Stadium Wall

    Posted

    Just now, LabattBlue said:

    The poster I responded to talked about “easing”.   What exactly is he “easing” if not the burden of responsibility?



    As in “easing off the gas” or “coasting” into retirement.  It’s basically planning ahead and transitioning toward retirement. Having a co-owner puts Pegula in much better position to divest of the Bills if need be some day. 

    • Like (+1) 2

    Pegulas selling 25% of the Bills, per Tim Graham

    in The Stadium Wall

    Posted

    9 minutes ago, LabattBlue said:

    If he still has controlling interest, selling 25% of the team doesn’t “ease” his burden at all. 


    You are the only one mentioning a “burden”, but I can see where he is being strategic in setting up an ownership partner that can one day buy Pegula out completely. That would definitely be some immediate peace of mind if it were me. 

    • Like (+1) 1
    • Agree 1

    PSL Pricing/Seat Selection Discussion

    in The Stadium Wall

    Posted

    55 minutes ago, Einstein said:

    ….my hypothesis is that this 25% number is actually a bit higher, and that the Bills are using corporate buys to bump that number (with the goal of creating scarcity). We have seen in other stadiums (Jets and Atlanta for example), that the teams have had to lower prices to sell all of the PSL's.

     

     

    I also have an hypothesis: @Einstein is the guy that bathed in the portapotty and fell into the pit.  He now has a vendetta against the new stadium and the Bills. 

    • Haha (+1) 1

    Pegulas selling 25% of the Bills, per Tim Graham

    in The Stadium Wall

    Posted · Edited by WotAGuy

    29 minutes ago, papazoid said:

    initial cost estimate of new stadium $1.4 Billion

    current cost estimate of new stadium $1.7 Billion

    likely final cost estimate of new stadium $2.0 Billion

     

    NY State Contribution $600 million  (not part of "construction costs" is an additional $280 million for maintenance over 30 years)

    NFL & Bills Contribution $550 million (Pegula's portion is $350 million)

    Erie County Contribution $250 million

    SUB TOTAL Contribution $1.4 Billion

     

    Pegulas are  responsible for any and all cost over runs....currently at $300 million and rising.

     

    Projected to raise $200 million in PSL's

     

    so, if you factor in cost over runs....i say he will pay $750 million or +35% of his own money


     

    Doesn’t the team have to pay back the NFL loan - comes out of gate receipts or something like that?

     

    https://www.sportsbusinessjournal.com/Articles/2023/12/14/nfl-g5-program

    • Like (+1) 1

    Pegulas selling 25% of the Bills, per Tim Graham

    in The Stadium Wall

    Posted

    1 minute ago, nucci said:

    and not have to pay for the new stadium


    There’s also the growing number of guaranteed contracts that require all the funds to be put into escrow.  That, plus all the cash outlays for regular operations probably presents some cash flow challenges. Even though the team is worth a ton on paper, that’s not ready cash needed to accommodate everything going on. 

    • Like (+1) 2

    Latavius Murray has stem cell therapy in South America

    in The Stadium Wall

    Posted

    23 minutes ago, BuffaloBillyG said:

    I like Murray. Seems like a real good dude. And if he wants to keep playing I wish him nothing but health and the best of luck finding a team. Just hope it's not here. 

     

    Don't get me wrong, guy has had a lot of production. Wish we grabbed him 3-4 years before we did. But man the tread really looked off the tires past midpoint last year.


    Yeah, there were plays to be made last year that he couldn’t make, or didn’t get enough out of them. I think he feels the physical treatments he did this offseason can get him another year. 
     

    He has had quite a good career and has interesting stories about the coaches he’s had and players he has teamed with. 

    • Like (+1) 1

    Latavius Murray has stem cell therapy in South America

    in The Stadium Wall

    Posted

    5 minutes ago, SF Bills Fan said:

    If you go to Panama or other countries like that, you can get a entirely different level of stem cell therapy and treatment. The US is cautious and the FDA has not approved all components of treatment like you can in a country with little regulation. From what is reported by people that have had both it is night and day down there over how you feel when it is done in the US. Joe Rogan talked about it in a podcast. Same with Mel Gibson, of all people. Doctors that live in Miami have offices and clinics  in Panama and fly down there to do the treatments. 


    He got treated in Medellin, Columbia.  He said he had to avoid rigorous physical activity for a while but can fully work out now. 

    Media Day at OBD (Beane, McDermott, Josh & more)

    in The Stadium Wall

    Posted

    1 minute ago, Warcodered said:

    So basically Beane won't confirm or deny what he's going to do, because he's not braindead, but he'll explain exactly how he feels about potentially doing the things people think he might do.


    And the best example of this is marriage. I didn’t feel great about it, but I did it. 
     

    Should have waited for next year’s selection. 

    • Like (+1) 1
    • Haha (+1) 10

    OJ Simpson dead at 76

    in The Stadium Wall

    Posted

    3 hours ago, Just Jack said:

     

    We are also experts in stadium engineering/construction, sales techniques, and contract law. 


    Don’t forget economics, buyer psychology, football fan rights and being  condescending. 

    • Like (+1) 1
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