mitchmurraydowntown Posted August 21, 2014 Share Posted August 21, 2014 (edited) http://www.forbes.co...artner=yahootix Terry Pegula: $890 million. Toronto Group (Larry Tanenbaum, Bon Jovi, Ed Rogers): $820 million. Donald Trump: $809 million. Edited August 21, 2014 by mitchmurraydowntown Link to comment Share on other sites More sharing options...
jimmy10 Posted August 21, 2014 Share Posted August 21, 2014 Even eBay auctions start low. Link to comment Share on other sites More sharing options...
17 Josh Allen Posted August 21, 2014 Share Posted August 21, 2014 This is not good news at all and if this happens As reported in the article The best thing NFL commissioner Roger Goodell could do right now is convince the Wilson trust to fire Morgan Stanley and start over. There is no economic reason why the Bills must be sold during the few months. Let the Wilson trust hire a banker that will not require potential bidders to sign an ultra-restrictive non disclosure agreements, so that people interested in buying the team could speak with each other and the NFL. Then this could turn into a fiasco. With fresh bidders and a new way of getting a owner. I already see the NFL trying to manipulate This process. I warned everyone this is not Over don't count your chickens before they hatch. If the NFL wants the Bills in Toronto or LA They will find away to do it. So if it ends up That there will be no bidding anymore. That means the highest bidder doesn't matter the NFL Will help find the right owner for the estate. Too me this is bad news and a potential problem. Link to comment Share on other sites More sharing options...
buffaloboyinATL Posted August 21, 2014 Share Posted August 21, 2014 Not surprised they are calling in a circus. During one of our pre-season games, one of the talking heads said that Trump offer to pay $1 billion in cash, I guess that was just Trump posturing and not a real offer? Link to comment Share on other sites More sharing options...
K-9 Posted August 21, 2014 Share Posted August 21, 2014 I don't see why this writer keeps insisting on conflating the sale of the Clippers with the sale of the Bills. I also get the feeling he's not as well informed as he lets on. GO BILLS!!! Link to comment Share on other sites More sharing options...
hondo in seattle Posted August 21, 2014 Share Posted August 21, 2014 "The circus that has been masquerading as the sale of the Buffalo Bills has received three non-binding bids to date, each below $900 million, according to two sources familiar with the sale of the National Football League team. Both of these sources are not directly involved in the sale as of yet." Are these sources any better than the other sources reporting different numbers? And, more to the point, do we care - as long as a Buffalo loyalist wins the bidding? Link to comment Share on other sites More sharing options...
Canadian Bills Fan Posted August 21, 2014 Share Posted August 21, 2014 according to two sources familiar with the sale of the National Football League team. Both of these sources are not directly involved in the sale as of yet. So what credibility does this article have then? CBF Link to comment Share on other sites More sharing options...
dollars 2 donuts Posted August 21, 2014 Share Posted August 21, 2014 Ya know, I still get PO'd at the lack of interest and the lack of concern when the Jags sold for 780 million a couple of years ago, but the Bills value is suddenly the most important and interesting thing going on for the NFL. Link to comment Share on other sites More sharing options...
May Day 10 Posted August 21, 2014 Share Posted August 21, 2014 Im pretty skeptical of this Ozanian guy. He has had inaccuracies strewn about his articles over this process and he seems hell bent on painting this thing as a wild "circus". Link to comment Share on other sites More sharing options...
GG Posted August 21, 2014 Share Posted August 21, 2014 I don't see why this writer keeps insisting on conflating the sale of the Clippers with the sale of the Bills. I also get the feeling he's not as well informed as he lets on. GO BILLS!!! For someone who's a supposed expert on sports franchise finances, he's got a lot of basic facts wrong about the sale process. It wasn't Morgan Stanley that decided on a quick sale and it isn't Morgan Stanley that's dictating the tough bidding terms. Link to comment Share on other sites More sharing options...
truth on hold Posted August 21, 2014 Share Posted August 21, 2014 Lower the sale price, greater chance they get moved, as the all-in cost to relocate gets lower Link to comment Share on other sites More sharing options...
17 Josh Allen Posted August 21, 2014 Share Posted August 21, 2014 I don't see why Mary Wilson doesn't just fire Morgan Stanley. Get a lawyer or Banker And Negotiate the sale with Terry Pegula. Just simply say the Bills are for sale for 1.2 Billion and let's get the deal done. Why pay Morgan Stanley 50 Million To do this for you. They've screwed the whole process up with leaks and Manipulation. This really is a circus. Link to comment Share on other sites More sharing options...
hondo in seattle Posted August 21, 2014 Share Posted August 21, 2014 For someone who's a supposed expert on sports franchise finances, he's got a lot of basic facts wrong about the sale process. It wasn't Morgan Stanley that decided on a quick sale and it isn't Morgan Stanley that's dictating the tough bidding terms. Yep. Good points. Link to comment Share on other sites More sharing options...
mitchmurraydowntown Posted August 21, 2014 Author Share Posted August 21, 2014 How about the lower the sale price, the more money Terry will have left over to build a new stadium ? Link to comment Share on other sites More sharing options...
KD in CA Posted August 21, 2014 Share Posted August 21, 2014 Not surprised they are calling in a circus. During one of our pre-season games, one of the talking heads said that Trump offer to pay $1 billion in cash, I guess that was just Trump posturing and not a real offer? Donald Trump would never do something like that just for media attention. Link to comment Share on other sites More sharing options...
Jerry Jabber Posted August 21, 2014 Share Posted August 21, 2014 Buffalo Rumblings did a great interview with John Wawrow of the Associated Press. In that interview, John stated that if Terry Pegula were to win the bid, that he could possibly overpay for the Bills (like he did when he bought the Sabres) and bid at $1.11B, which would still make the sale the highest in the NFL. John also stated the Bills could be sold at $950M, so if the reports from Forbes are correct, then the final bid could be around $950M. http://www.buffalorumblings.com/2014/8/19/6044337/john-wawrow-associated-press-buffalo-bills-sale-training-camp In regards to the guy writing for Forbes, he wrote earlier in the year that it was a no-brainer for the Toronto group to bid $1.2B and move the team to Toronto as Toronto is a growing city, so it’s apparent this guy is not knowledgeable in football and don’t take what he writes seriously. Link to comment Share on other sites More sharing options...
Canadian Bills Fan Posted August 21, 2014 Share Posted August 21, 2014 I dont think this is a circus at all. These are all non binding bids. I expect the formal bids to be much higher CBF Link to comment Share on other sites More sharing options...
Best Player Available Posted August 21, 2014 Share Posted August 21, 2014 (edited) how well connected is this guy who penned this article? i do not know. But reading it closely there is again unnamed sources and Speculation. looking forward to Tim Graham and his unnamed but sources close to the situation too chirp in. as fans who cares what the team sells for as long as it remains in Buffalo? it will go for market value regardless What some chump at Forbes values it at. Edited August 21, 2014 by Best Player Available Link to comment Share on other sites More sharing options...
26CornerBlitz Posted August 21, 2014 Share Posted August 21, 2014 Lower the sale price, greater chance they get moved, as the all-in cost to relocate gets lower I think If the franchise was truly open to being moved, the bid prices would be significantly higher. Link to comment Share on other sites More sharing options...
Canadian Bills Fan Posted August 21, 2014 Share Posted August 21, 2014 I think If the franchise was truly open to being moved, the bid prices would be significantly higher. This. CBF Link to comment Share on other sites More sharing options...
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