BRAWNDO Posted August 5, 2014 Share Posted August 5, 2014 Lauren Brill @LaurenBrill4 12m Pegula's company East Resources along with partner announced today it has closed on 1.75 billion dollar transaction. Wawrow, Kryk and Graham all deserve praise for their reporting on the sale Link to comment Share on other sites More sharing options...
bisonbrigade Posted August 5, 2014 Share Posted August 5, 2014 The Toronto group it submit another bid as long as they provide convincing assurances that they will keep the team in Buffalo. Bon Jovi's letter is not convincing. Also the Group's principal owner must put in 30% in cash on the bid, which some doubt that Bon Jovi has. Link to comment Share on other sites More sharing options...
Best Player Available Posted August 5, 2014 Share Posted August 5, 2014 First or second bid? BPA I assumed first. Link to comment Share on other sites More sharing options...
PromoTheRobot Posted August 6, 2014 Share Posted August 6, 2014 Lauren Brill @LaurenBrill4 12m Pegula's company East Resources along with partner announced today it has closed on 1.75 billion dollar transaction. Wawrow, Kryk and Graham all deserve praise for their reporting on the sale She's talking about the sale of oil and gas land in WV, not the Bills. Link to comment Share on other sites More sharing options...
KDIGGZ Posted August 6, 2014 Share Posted August 6, 2014 ^^lol sold!!! Link to comment Share on other sites More sharing options...
ET1062 Posted August 6, 2014 Share Posted August 6, 2014 Lauren Brill @LaurenBrill4 12m Pegula's company East Resources along with partner announced today it has closed on 1.75 billion dollar transaction. Wawrow, Kryk and Graham all deserve praise for their reporting on the sale Sold the land in June, closed today. 1.75B in the bank. Link to comment Share on other sites More sharing options...
TSNBDSC Posted August 6, 2014 Share Posted August 6, 2014 Stayin Link to comment Share on other sites More sharing options...
TheZone78 Posted August 6, 2014 Share Posted August 6, 2014 Interesting timing... http://www.philly.com/philly/business/20140806_Trump__Plaza_and_Taj_Mahal_casinos_too_shabby_to_bear_his_name_anymore.html Link to comment Share on other sites More sharing options...
YoloinOhio Posted August 6, 2014 Share Posted August 6, 2014 Just another day at the office @john_wawrow: #Bills bidder Terry Pegula closes on $1.75 billion deal to sell drilling rights to American Energy. http://t.co/HqYAOpbCtx Link to comment Share on other sites More sharing options...
YoloinOhio Posted August 6, 2014 Share Posted August 6, 2014 (edited) @john_wawrow: There's more to the Pegula story in update I have filed. Interesting to see that Pegula indicates he controls more oil and gas assets. Edited August 6, 2014 by YoloinOhio Link to comment Share on other sites More sharing options...
zow2 Posted August 6, 2014 Share Posted August 6, 2014 Love Pegula. Using a football analogy the guy is probably up like 42-7 in the bidding game. Now he's just gonna throw deep and run up the score. No one's gonna be able to come up with the kind of cash Pegula can. Plus he refuses to lose this. Link to comment Share on other sites More sharing options...
Ed_Formerly_of_Roch Posted August 6, 2014 Share Posted August 6, 2014 So where would Terry P be in the pecking order of owners net worth?? Near top, bottom, Is he worth more than RW? Link to comment Share on other sites More sharing options...
RuntheDamnBall Posted August 6, 2014 Share Posted August 6, 2014 So where would Terry P be in the pecking order of owners net worth?? Near top, bottom, Is he worth more than RW? One of the tops in the league if not tops. Link to comment Share on other sites More sharing options...
Juice_32 Posted August 6, 2014 Share Posted August 6, 2014 Just another day at the office @john_wawrow: #Bills bidder Terry Pegula closes on $1.75 billion deal to sell drilling rights to American Energy. http://t.co/HqYAOpbCtx And Jon Bon can't even close on his paltry $40 million dollar Manhattan pad. Pathetic... Link to comment Share on other sites More sharing options...
Doc Posted August 6, 2014 Share Posted August 6, 2014 One of the tops in the league if not tops. Tops is Paul Allen by far. Link to comment Share on other sites More sharing options...
Peter Posted August 6, 2014 Share Posted August 6, 2014 And Jon Bon can't even close on his paltry $40 million dollar Manhattan pad. Pathetic... A stark contrast between the Pegulas and JBJ. JBJ really needs to go on tour (somewhere other than WNY) and forget about the Bills. Link to comment Share on other sites More sharing options...
Tyrod's Tailor Posted August 6, 2014 Share Posted August 6, 2014 One of the tops in the league if not tops. and wouldn't that be quite the turn of events for this organization. Link to comment Share on other sites More sharing options...
Big Turk Posted August 6, 2014 Share Posted August 6, 2014 Tops is Paul Allen by far. Believe Kirby said he would be top 5 Link to comment Share on other sites More sharing options...
Peter Posted August 6, 2014 Share Posted August 6, 2014 and wouldn't that be quite the turn of events for this organization. Indeed. Link to comment Share on other sites More sharing options...
BringBackFergy Posted August 6, 2014 Share Posted August 6, 2014 So where would Terry P be in the pecking order of owners net worth?? Near top, bottom, Is he worth more than RW? I think Jerry Jones would be right up there in the pecker order...so there's some stiff competition. Link to comment Share on other sites More sharing options...
Xanthos Posted August 6, 2014 Share Posted August 6, 2014 Jerry is worth about 3.1 million, not more than Pegula. Link to comment Share on other sites More sharing options...
Peter Posted August 6, 2014 Share Posted August 6, 2014 Jerry is worth about 3.1 million, not more than Pegula. Jerry is going to be worth a lot less after his wife sees those photos. Link to comment Share on other sites More sharing options...
BringBackFergy Posted August 6, 2014 Share Posted August 6, 2014 Jerry is worth about 3.1 million, not more than Pegula. Yeah, but Jerry has a wealth of resources at his disposal...assistants, photographers, Italian marble bathrooms. I have to disagree with your assessment. Link to comment Share on other sites More sharing options...
Augie Posted August 6, 2014 Share Posted August 6, 2014 I think Jerry Jones would be right up there in the pecker order...so there's some stiff competition. I think Jerry's the bigger pecker, but not sure on net worth. Link to comment Share on other sites More sharing options...
BringBackFergy Posted August 6, 2014 Share Posted August 6, 2014 I think Jerry's the bigger pecker, but not sure on net worth. . You got the message right. Link to comment Share on other sites More sharing options...
thewildrabbit Posted August 6, 2014 Share Posted August 6, 2014 Jerry is going to be worth a lot less after his wife sees those photos. Link to comment Share on other sites More sharing options...
THE GUY YELLING BEHIND YOU Posted August 6, 2014 Share Posted August 6, 2014 (edited) So where would Terry P be in the pecking order of owners net worth?? Near top, bottom, Is he worth more than RW? Just saw this the other day. Without having the numbers infront of me, I believe the article said he would be 4th. 1) Paul Allen (Seahawks) 2/3) Stephen Ross (Miami) and Woodie Johnson (Jets) 4) Pegula (Bills) It wasn't Forbes, but I remember the article specifically mentioning these players. But again, Allen is the BIG dog in the yard. Stayin' Edited August 6, 2014 by JLederman2 Link to comment Share on other sites More sharing options...
Reed83HOF Posted August 6, 2014 Share Posted August 6, 2014 Peter King @SI_PeterKing 9m RT @essbeeay: Who ends up owning the Bills? ... That is a great question. I doubt Bon Jovi. Link to comment Share on other sites More sharing options...
bbb Posted August 6, 2014 Share Posted August 6, 2014 No kidding. Without ever even having met Kim or Terry Pegula, I cannot imagine liking and being more grateful for anyone in my life other than family members and friends. I kid you not. That is how important Buffalo, the Bills, and the Sabres are to me. It's more than what they mean to me (and I'm sure you). It's what they mean to this area............I keep saying this is the most important thing in Buffalo history. Not sure if I'm right on that. Beth Steel closing was huge, but inevitable. Link to comment Share on other sites More sharing options...
TheFunPolice Posted August 6, 2014 Share Posted August 6, 2014 it's amazing how rich you have to be to even play this ownership game..... A guy with around $500 million doesn't even belong at the table and has to have others buy the toy for him. Think about that for a minute! A guy like Mr. Wilson would never be able to buy into this league today. He was nowhere near as wealthy as these new owners; he just had an asset that skyrocketed in value. He bought the team back when being pretty rich and successful would get it done. Just incredible, really. You have to think that NFL teams are reaching their value ceiling at some point. There is only so much money for football. Link to comment Share on other sites More sharing options...
eball Posted August 6, 2014 Share Posted August 6, 2014 Interesting timing... http://www.philly.co...me_anymore.html I don't think it's coincidental at all. Since the NFL forbids any casino interests, Trump is trying to remove all doubt. Article posted by Graham last night: http://bills.buffalonews.com/2014/08/05/pegula-closes-1-75-billion-land-deal-drops-hint-needs/ Quote from El Pegual: "We are not going away." [Drops mic] Link to comment Share on other sites More sharing options...
DerekJ Posted August 6, 2014 Share Posted August 6, 2014 I don't think it's coincidental at all. Since the NFL forbids any casino interests, Trump is trying to remove all doubt. Article posted by Graham last night: http://bills.buffalo...ops-hint-needs/ Quote from El Pegual: "We are not going away." [Drops mic] LOL! Link to comment Share on other sites More sharing options...
JM57 Posted August 6, 2014 Share Posted August 6, 2014 I don't think it's coincidental at all. Since the NFL forbids any casino interests, Trump is trying to remove all doubt. Article posted by Graham last night: http://bills.buffalonews.com/2014/08/05/pegula-closes-1-75-billion-land-deal-drops-hint-needs/ Quote from El Pegual: "We are not going away." [Drops mic] that was definitely a "drop the mic" moment for Terry Pegula. Whoever helps him with PR deserves a big hand. Link to comment Share on other sites More sharing options...
PromoTheRobot Posted August 6, 2014 Share Posted August 6, 2014 It's more than what they mean to me (and I'm sure you). It's what they mean to this area............I keep saying this is the most important thing in Buffalo history. Not sure if I'm right on that. Beth Steel closing was huge, but inevitable. I guess Buffalo has it's new patron. Like Pittsburgh had Carnegie we have the Pegulas. that was definitely a "drop the mic" moment for Terry Pegula. Whoever helps him with PR deserves a big hand. Don't forget TP hired that fellow (Greenburg?) who was an expert at buying sports franchises. Looks like it was a smart move. Link to comment Share on other sites More sharing options...
Doc Posted August 6, 2014 Share Posted August 6, 2014 Just saw this the other day. Without having the numbers infront of me, I believe the article said he would be 4th. 1) Paul Allen (Seahawks) 2/3) Stephen Ross (Miami) and Woodie Johnson (Jets) 4) Pegula (Bills) It wasn't Forbes, but I remember the article specifically mentioning these players. But again, Allen is the BIG dog in the yard. Stayin' Considering he still has assets in 5 states he could sell, he could very well move up to #2. Link to comment Share on other sites More sharing options...
The Wiz Posted August 6, 2014 Share Posted August 6, 2014 (edited) I guess Buffalo has it's new patron. Like Pittsburgh had Carnegie we have the Pegulas. Don't forget TP hired that fellow (Greenburg?) who was an expert at buying sports franchises. Looks like it was a smart move. Other way around on Greenberg. He's a big player for selling sports franchises. Which is probably just as good if not better. He knows what the other bidders lawyers and the trust are probably doing from his past experience. Edited August 6, 2014 by The Wiz Link to comment Share on other sites More sharing options...
plenzmd1 Posted August 6, 2014 Share Posted August 6, 2014 Changing the rules and procedures governing the bid process as you go probably isn't a very well regarded practice in the business world or even very legal. I have been in software sales for a long time, and while not the same, plenty of similarities between this process and an RFP process in a non government entity. Couple of rules in that process 1) if you did not help write the RFP or have influence on the creation, wired for the people who did. 2) if you play by stated rules of only talking with designated contact from purchasing, why even bother you lose! 3) best product/ lower price rarely matters, person with best relationships and more information wins 4) there are no friggen rules, and buyers are liars! So no, this process is not out of the norm at all for a private process Link to comment Share on other sites More sharing options...
Canadian Bills Fan Posted August 6, 2014 Share Posted August 6, 2014 Jerry is going to be worth a lot less after his wife sees those photos. huh? What photos? CBF Link to comment Share on other sites More sharing options...
PromoTheRobot Posted August 6, 2014 Share Posted August 6, 2014 (edited) huh? What photos? CBF http://terezowens.com/jerry-jones-scandalous-pics-surface/ Edited August 6, 2014 by PromoTheRobot Link to comment Share on other sites More sharing options...
Canadian Bills Fan Posted August 6, 2014 Share Posted August 6, 2014 http://terezowens.co...s-pics-surface/ LMAO!!!! Uh oh Jerry! CBF Link to comment Share on other sites More sharing options...
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