Wayne Cubed Posted August 21, 2014 Share Posted August 21, 2014 What a terribly uninformed piece of writing, so now non-binding bids are indicative of what the actual sale price will be? Link to comment Share on other sites More sharing options...
May Day 10 Posted August 21, 2014 Share Posted August 21, 2014 (edited) 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.  this is when I discovered Ozanian and he lost all credibility with me. He basically said that Toronto will pay the most, $1.2 billion and move the team. No brainer.  Then when people commented mentioning the lease and the NRA... as well as Pegula, he pulled a Graham/Harrington twitter act talking down to everyone dismissing facts, he is the writer, he knows all. Edited August 21, 2014 by May Day 10 Link to comment Share on other sites More sharing options...
17 Josh Allen Posted August 21, 2014 Share Posted August 21, 2014 It's really obvious that the Bills are worth more in Toronto or LA so this will have an Effect on the final selling price. The team can't be sold to groups or individuals Who have plans to move it. So hence less bidders and lower prices. I would be surprised If it sold for more than a Billion dollars at this point because of all the restrictions. If this was a open bid where the team could be moved I could see the price going North of 1.5 Billion. But that won't happen thank god For Ralph and his for-site. Link to comment Share on other sites More sharing options...
stony 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. Â I'm sure Pegula will be on board with that. I can see the look on his face when the trust says, hey you're winning the bidding process at $890, do you want to pull that bid and buy the team for 1.2 billion? Link to comment Share on other sites More sharing options...
Justice Posted August 21, 2014 Share Posted August 21, 2014 Does it matter? Ralph bought this team for what? 50 grand? That's a huge ROI. Mary should be happy with $900M. Link to comment Share on other sites More sharing options...
Doc Posted August 21, 2014 Share Posted August 21, 2014 The writer is a moron. Link to comment Share on other sites More sharing options...
Kellyto83TD 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.  That part I bolded is exactly what I have thought was going on in the first place. They realize no one is going to shell out big bucks for a limited market. Look for the NFL to pay the 400 million fine just to be able to move them Link to comment Share on other sites More sharing options...
Wayne Cubed Posted August 21, 2014 Share Posted August 21, 2014 That part I bolded is exactly what I have thought was going on in the first place. They realize no one is going to shell out big bucks for a limited market. Look for the NFL to pay the 400 million fine just to be able to move them  Huh? Link to comment Share on other sites More sharing options...
Kellyto83TD Posted August 21, 2014 Share Posted August 21, 2014 It's really obvious that the Bills are worth more in Toronto or LA so this will have an Effect on the final selling price. The team can't be sold to groups or individuals Who have plans to move it. So hence less bidders and lower prices. I would be surprised If it sold for more than a Billion dollars at this point because of all the restrictions. If this was a open bid where the team could be moved I could see the price going North of 1.5 Billion. But that won't happen thank god For Ralph and his for-site. Â Why can't it? Again if a multi billionaire or the NFL wants to push the issue they can get the lease busted in court and or pay the 400 mill fine. Â Huh? Â What part of this is hard? If the NFL really wants them out of Buffalo they can agree to pay the 400 million fine for breaking the lease. Link to comment Share on other sites More sharing options...
eball Posted August 21, 2014 Share Posted August 21, 2014 Why is this not part of the "sale of the team" thread? Â Oh, that's right -- because mitchmurraydowntown started it. Link to comment Share on other sites More sharing options...
BuffaloBill 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. Â It is because of the $2B price tag for the Clippers. If this fiasco had not occurred the Bills situation would get much less scrutiny. Link to comment Share on other sites More sharing options...
CountDorkula Posted August 21, 2014 Share Posted August 21, 2014 (edited) Why can't it? Again if a multi billionaire or the NFL wants to push the issue they can get the lease busted in court and or pay the 400 mill fine. Â Â Â What part of this is hard? If the NFL really wants them out of Buffalo they can agree to pay the 400 million fine for breaking the lease. Â Um, I cant tell you how off base this is. Living outside of Buffalo, many higher ups in the NFL want Buffalo to be in Buffalo. I don't know where that idea comes from, besides from being a bit of an inferiority complex. Edited August 21, 2014 by CountDorkula Link to comment Share on other sites More sharing options...
Wayne Cubed Posted August 21, 2014 Share Posted August 21, 2014 Why can't it? Again if a multi billionaire or the NFL wants to push the issue they can get the lease busted in court and or pay the 400 mill fine. Â Â Â What part of this is hard? If the NFL really wants them out of Buffalo they can agree to pay the 400 million fine for breaking the lease. Â You serious? Wow. I don't even know how to respond, but I'll say this, the NFL is not going to pay for a team to move. And secondly why would the NFL care? If you weren't aware, the NFL is ALREADY making money in EVERY single TV market in the USA and in Canada. Link to comment Share on other sites More sharing options...
SF Bills Fan Posted August 21, 2014 Share Posted August 21, 2014 If not for the lease terms and the opposition from fans and the political firestorm it woukd ignite, one of those LA guys the Buffalo news mentioned last week that kicked tires would have paid well over market price and won. The lease is what is keeping the price low. Link to comment Share on other sites More sharing options...
truth on hold Posted August 21, 2014 Share Posted August 21, 2014 (edited) If not for the lease terms and the opposition from fans and the political firestorm it woukd ignite, one of those LA guys the Buffalo news mentioned last week that kicked tires would have paid well over market price and won. The lease is what is keeping the price low. Speaking of LA, wait till the $2B check for sale of clippers clears in sterling's account. I see him swooping in and taking this thing with a $2 billion all cash offer Edited August 21, 2014 by Joe_the_6_pack Link to comment Share on other sites More sharing options...
mitchmurraydowntown Posted August 21, 2014 Author Share Posted August 21, 2014 If not for the lease, the Bills would be sold for higher & gone. Link to comment Share on other sites More sharing options...
KDIGGZ Posted August 21, 2014 Share Posted August 21, 2014 the team was valued at $800 something million. why would they expect their initial non-binding bid to be more than that? greedy  they will still probably get $1 Bil when all is said and done. I think they would be lucky to get that given the terms of the lease and the preferences of the trust. Not sure why anyone would think the Buffalo Bills should cost more than the Miami Dolphins PLUS a stadium (Dolphins plus their stadium sold for 1.1 Bil, we only lease ours) Link to comment Share on other sites More sharing options...
May Day 10 Posted August 21, 2014 Share Posted August 21, 2014 looks like there is more of a run on bronze for that statue based on these numbers... and a run on crow for people like myself convinced Wilson/family would max out. Link to comment Share on other sites More sharing options...
KDIGGZ Posted August 21, 2014 Share Posted August 21, 2014 Speaking of LA, wait till the $2B check for sale of clippers clears in sterling's account. I see him swooping in and taking this thing with a $2 billion all cash offer Sterling is a racist and has Alzheimer's, you must be joking Link to comment Share on other sites More sharing options...
Guffalo Posted August 21, 2014 Share Posted August 21, 2014 Sterling is a racist and has Alzheimer's, you must be joking And his lovely ( ) wife will take half in the divorce proceedings anyway. Link to comment Share on other sites More sharing options...
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