Roundybout Posted April 19 Share Posted April 19 3 1 Quote Link to comment Share on other sites More sharing options...
Shaw66 Posted April 19 Share Posted April 19 Where do I send my bid? 3 5 Quote Link to comment Share on other sites More sharing options...
sven233 Posted April 19 Share Posted April 19 Man.....it's like buying 25% of a money printing press. Could only dream of an opportunity like this. Someone is going to get the opportunity of a lifetime here. Good for them. 2 2 Quote Link to comment Share on other sites More sharing options...
Augie Posted April 19 Share Posted April 19 1 minute ago, Shaw66 said: Where do I send my bid? I’m good for 25% of your 25%. I must admit, I did not see this coming when I woke up this morning. I’m glad there is a stadium coming out of the ground, because I’m having Buffalo Braves flashbacks. 6 2 1 Quote Link to comment Share on other sites More sharing options...
Buffalo_Stampede Posted April 19 Share Posted April 19 Probably get some celebrities as part owner. Quote Link to comment Share on other sites More sharing options...
dma0034 Posted April 19 Share Posted April 19 Interesting considering there were rumors about him trying to sell the Sabres yesterday 1 1 Quote Link to comment Share on other sites More sharing options...
noacls Posted April 19 Share Posted April 19 2 minutes ago, Augie said: I’m good for 25% of your 25%. I must admit, I did not see this coming when I woke up this morning. I’m glad there is a stadium coming out of the ground, because I’m having Buffalo Braves flashbacks. In the land of lawyers you really think that matters? 1 Quote Link to comment Share on other sites More sharing options...
Back2Buff Posted April 19 Share Posted April 19 Makes zero sense to me. Can't believe the Pegula's have money issues. 2 Quote Link to comment Share on other sites More sharing options...
boyst Posted April 19 Share Posted April 19 1 minute ago, dma0034 said: Interesting considering there were rumors about him trying to sell the Sabres yesterday i was told early in the bills season by a trusted source of first hand knowledge those rumors were not true. i do not think this person was accurate. anyone doing this needs to have the ability to purchase the team as a whole should Pegs want to sell it. Quote Link to comment Share on other sites More sharing options...
BuffaloBillyG Posted April 19 Share Posted April 19 I STG if I see Bon Jovi at the airport ... 1 5 Quote Link to comment Share on other sites More sharing options...
Your Brown Eye Posted April 19 Share Posted April 19 1 3 2 Quote Link to comment Share on other sites More sharing options...
Augie Posted April 19 Share Posted April 19 3 minutes ago, noacls said: In the land of lawyers you really think that matters? In the land of the real world, yes I think it matters. 1 Quote Link to comment Share on other sites More sharing options...
billsbackto81 Posted April 19 Share Posted April 19 Are there Groupons available? 6 1 Quote Link to comment Share on other sites More sharing options...
Logic Posted April 19 Share Posted April 19 3 minutes ago, Back2Buff said: Makes zero sense to me. Can't believe the Pegula's have money issues. It's more and more common for sports owners to do this. Tax reasons, stadium cost overruns, etc, etc... Graham lays it out well in the article. 4 Quote Link to comment Share on other sites More sharing options...
Aimee75 Posted April 19 Share Posted April 19 Can someone break this down for an idiot like me and tell me what this means? Quote Link to comment Share on other sites More sharing options...
nucci Posted April 19 Share Posted April 19 1 minute ago, Aimee75 said: Can someone break this down for an idiot like me and tell me what this means? sounds like 25% of the team is for sale 1 1 40 5 1 Quote Link to comment Share on other sites More sharing options...
Buffalo_Stampede Posted April 19 Share Posted April 19 (edited) 6 minutes ago, Back2Buff said: Makes zero sense to me. Can't believe the Pegula's have money issues. Makes perfect sense. It’ll cover his share of the stadium costs. Edited April 19 by Buffalo_Stampede 2 Quote Link to comment Share on other sites More sharing options...
Logic Posted April 19 Share Posted April 19 1 minute ago, Aimee75 said: Can someone break this down for an idiot like me and tell me what this means? The Pegulas currently own 100% of the Buffalo Bills football team. They are selling 25% -- or one quarter -- ownership of the team. This will leave them with 75% -- or three quarters -- ownership of the team. They are doing this to make some money. Hope this helps. 2 7 1 Quote Link to comment Share on other sites More sharing options...
gonzo1105 Posted April 19 Share Posted April 19 I mean the Jacobs family, who has run Delaware North, has always been rumored to be interested but never put in a bid. Apparently all the Jacobs kids own the Bruins now so maybe a couple want a piece of the Bills in case Terry decides to sell the team at some point 2 Quote Link to comment Share on other sites More sharing options...
Bray Wyatt Posted April 19 Share Posted April 19 This is how we get a dome!!! 🙃 1 1 6 1 Quote Link to comment Share on other sites More sharing options...
MrEpsYtown Posted April 19 Share Posted April 19 Dude let’s all pool some cash together. Then we can all be in the draft room. 1 1 1 Quote Link to comment Share on other sites More sharing options...
Buffalo_Stampede Posted April 19 Share Posted April 19 1 minute ago, nucci said: sounds like 25% of the team is for sale Yep. And Josh Allen and company is brokering the deal. Quote Link to comment Share on other sites More sharing options...
noacls Posted April 19 Share Posted April 19 5 minutes ago, Augie said: In the land of the real world, yes I think it matters. The browns and colts say hello. 1 Quote Link to comment Share on other sites More sharing options...
Aimee75 Posted April 19 Share Posted April 19 1 minute ago, Logic said: The Pegulas currently own 100% of the Buffalo Bills football team. They are selling 25% -- or one quarter -- ownership of the team. This will leave them with 75% -- or three quarters -- ownership of the team. They are doing this to make some money. Hope this helps. I got all that, but whom are they selling the 25% to and does this interfere with the team staying or going? Already admitted to being an idiot about this stuff so I am just trying to understand it all. Quote Link to comment Share on other sites More sharing options...
NoSaint Posted April 19 Share Posted April 19 The ultimate PSL 1 2 2 Quote Link to comment Share on other sites More sharing options...
nucci Posted April 19 Share Posted April 19 1 minute ago, noacls said: The browns and colts say hello. say hello for me and give them my best 1 Quote Link to comment Share on other sites More sharing options...
NoSaint Posted April 19 Share Posted April 19 1 minute ago, Aimee75 said: I got all that, but whom are they selling the 25% to and does this interfere with the team staying or going? Already admitted to being an idiot about this stuff so I am just trying to understand it all. If we had those answers it would be in the post but the process seems to be just starting 1 Quote Link to comment Share on other sites More sharing options...
Toomstone.Part.Duex Posted April 19 Share Posted April 19 Anyone have an online coupon code? 1 Quote Link to comment Share on other sites More sharing options...
Warcodered Posted April 19 Share Posted April 19 2 minutes ago, Logic said: The Pegulas currently own 100% of the Buffalo Bills football team. They are selling 25% -- or one quarter -- ownership of the team. This will leave them with 75% -- or three quarters -- ownership of the team. They are doing this to make some money. Hope this helps. Yeah even in the next generation as long as they're all on the same page no issue, if they weren't it'd be a cluster***** which it'd have been before most likely only now with an outside force brought in. Quote Link to comment Share on other sites More sharing options...
warrior9 Posted April 19 Share Posted April 19 8 minutes ago, Logic said: It's more and more common for sports owners to do this. Tax reasons, stadium cost overruns, etc, etc... Graham lays it out well in the article. Yeah Mark Cuban recently did this with the Mavs.. but he actually did the majority 1 Quote Link to comment Share on other sites More sharing options...
HomeskillitMoorman Posted April 19 Share Posted April 19 There's a 25% chance now that McD is on the hot seat! I'll take it! 1 1 2 4 1 Quote Link to comment Share on other sites More sharing options...
Augie Posted April 19 Share Posted April 19 (edited) 8 minutes ago, noacls said: The browns and colts say hello. Did they have a stadium coming out of the ground across the street when they moved? Teams usually move because they can’t get a stadium. . Edited April 19 by Augie 1 2 Quote Link to comment Share on other sites More sharing options...
HomeskillitMoorman Posted April 19 Share Posted April 19 6 minutes ago, MrEpsYtown said: Dude let’s all pool some cash together. Then we can all be in the draft room. I bet we could all easily come to a compromise on who to take Quote Link to comment Share on other sites More sharing options...
Allen2D̶i̶g̶g̶s̶TBD Posted April 19 Share Posted April 19 (edited) Erie County residents should already own 25% of the team considering we paid for the stadium. Edited April 19 by Allen2D̶i̶g̶g̶s̶TBD 1 1 2 1 Quote Link to comment Share on other sites More sharing options...
Augie Posted April 19 Share Posted April 19 8 minutes ago, nucci said: sounds like 25% of the team is for sale ….and it’s gonna cost a bit more than 50 yard line Club seats. Quote Link to comment Share on other sites More sharing options...
gonzo1105 Posted April 19 Share Posted April 19 The Bills were last valued at 3.7 Billion dollars so we only need to come up with 925 million Quote Link to comment Share on other sites More sharing options...
dpberr Posted April 19 Share Posted April 19 (edited) I've had a long standing theory that Bills (and Sabres) ownership is more fragile than it appears. It does not surprise me to see this announcement. Terry is in his early 70s, Kim's status as owner is unknown, and none of the five kids are easy to spot heir apparent to running the menagerie of companies he has in his portfolio. What you really don't want to see is Terry pass unexpectedly, and the ownership is transacted by the family to the highest bidder. That's a nightmare Bon Jovi scenario. The likelihood of the Bills being owned by someone like Terry with a deep appreciation of Buffalo and western New York is slim in that scenario. Edited April 19 by dpberr 2 2 Quote Link to comment Share on other sites More sharing options...
Logic Posted April 19 Share Posted April 19 Just now, Aimee75 said: I got all that, but whom are they selling the 25% to and does this interfere with the team staying or going? Already admitted to being an idiot about this stuff so I am just trying to understand it all. I was just being cheeky. I don't think anyone knows who the bidders will be at this point, but I assume there will be no shortage of suitors. At this point, there is no reason to believe they are selling any more than 25%, or are moving on from being owners of the Bills, or moving the team, or anything of the sort. The stadium is being built. The Bills aren't going anywhere. As for the "why" if it, Graham lays it out in his article: Tax considerations, liquidity, stadium overrun costs, etc. 1 Quote Link to comment Share on other sites More sharing options...
babulator Posted April 19 Share Posted April 19 If the bank would just loan me the money, I could pay it back with the profits and interest easy, I promise! Quote Link to comment Share on other sites More sharing options...
Fan in Chicago Posted April 19 Share Posted April 19 10 minutes ago, MrEpsYtown said: Dude let’s all pool some cash together. Then we can all be in the draft room. Exactly my thoughts. Then we can more strongly influence Beane. 🙂 1 Quote Link to comment Share on other sites More sharing options...
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