Draconator Posted April 19 Share Posted April 19 Has anyone called Douglas Jemal? He has lots of deep investments in Buffalo. Perfect fit. Quote Link to comment Share on other sites More sharing options...
Buffalo_Stampede Posted April 19 Share Posted April 19 2 minutes ago, Logic said: @Aimee75 This simple key quote from the ProFootballTalk article on the subject will hopefully put your mind at ease a little bit: "The skyrocketing valuations of NFL teams and the estate taxes have made it difficult for sole ownership." In other words, this type of thing is more and more common, and the Pegulas are not the only ones in the NFL doing this. It's a practical financial matter, not a "first step to selling the team entirely" thing. So I should climb down from the peace bridge? 3 Quote Link to comment Share on other sites More sharing options...
Low Positive Posted April 19 Share Posted April 19 1 minute ago, Buffalo_Stampede said: So I should climb down from the peace bridge? Nah, stay up there. Josh Allen is about to ask for a trade. I read it right here on TBD. 1 2 Quote Link to comment Share on other sites More sharing options...
Augie Posted April 19 Share Posted April 19 7 minutes ago, Logic said: @Aimee75 This simple key quote from the ProFootballTalk article on the subject will hopefully put your mind at ease a little bit: "The skyrocketing valuations of NFL teams and the estate taxes have made it difficult for sole ownership." In other words, this type of thing is more and more common, and the Pegulas are not the only ones in the NFL doing this. It's a practical financial matter, not a "first step to selling the team entirely" thing. Haven’t we seen a team that had to sell already because they couldn’t pay the inheritance tax? That’s not chump change! Quote Link to comment Share on other sites More sharing options...
Logic Posted April 19 Share Posted April 19 (edited) 6 minutes ago, Buffalo_Stampede said: So I should climb down from the peace bridge? Might wanna wait 'til after pick 28 of the draft. Beane sure was talking a lot about wanting to add a defensive end the other day... Edited April 19 by Logic 1 Quote Link to comment Share on other sites More sharing options...
Pine Barrens Mafia Posted April 19 Share Posted April 19 The beginning of the end. 1 1 1 Quote Link to comment Share on other sites More sharing options...
Canadian Bills Fan Posted April 19 Share Posted April 19 Do they accept layaway? Quote Link to comment Share on other sites More sharing options...
GASabresIUFan Posted April 19 Share Posted April 19 (edited) In simple terms, TP paid 1.4 for the Bills. If he gets $900 mill to $1 bill for the 25$ stake, he is essentially recovering 2/3 of his original investment, yet keeps 75%. Smart! Edited April 19 by GASabresIUFan 2 Quote Link to comment Share on other sites More sharing options...
Prospector Posted April 19 Share Posted April 19 42 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. And I am good for 25% of your 25% of his 25% Quote Link to comment Share on other sites More sharing options...
nucci Posted April 19 Share Posted April 19 Likes others have said, this, PSLs and tax money will pay for the stadium and Pegula pays nothing. Quote Link to comment Share on other sites More sharing options...
buffblue Posted April 19 Share Posted April 19 7 minutes ago, Draconator said: Has anyone called Douglas Jemal? He has lots of deep investments in Buffalo. Perfect fit. He's a bit...old (81) Also, I don't believe he has nearly enough bank. Pretty sure his net worth is something like 150 million. Quote Link to comment Share on other sites More sharing options...
CNYfan Posted April 19 Share Posted April 19 I think this was mostly Kim's thing. Quote Link to comment Share on other sites More sharing options...
Beast Posted April 19 Share Posted April 19 If @HOUSE finds his wallet we will have no worries. 1 2 Quote Link to comment Share on other sites More sharing options...
Buffalo_Stampede Posted April 19 Share Posted April 19 2 minutes ago, nucci said: Likes others have said, this, PSLs and tax money will pay for the stadium and Pegula pays nothing. Billionaires are typically smart. 1 Quote Link to comment Share on other sites More sharing options...
SoonerBillsFan Posted April 19 Share Posted April 19 Is Terry having financial issues? Quote Link to comment Share on other sites More sharing options...
Call_Of_Ktulu Posted April 19 Share Posted April 19 1 minute ago, Logic said: Might wanna wait 'til after pick 28 of the draft. Beane sure was talking a lot about wanting to add a defensive end the other day... I hope not, KC held the crap out of the Bills Ravens and 49ers in the Playoffs and not one holding penalty was called. If this keeps happening it should devalue the DT/DE positions. A 3-4 defense with a Joker LB that can just rush from anywhere he wants is probably the way to go. Quote Link to comment Share on other sites More sharing options...
Pine Barrens Mafia Posted April 19 Share Posted April 19 Just now, SoonerBillsFan said: Is Terry having financial issues? I'm guessing not. Quote Link to comment Share on other sites More sharing options...
Einstein Posted April 19 Share Posted April 19 (edited) 15 minutes ago, SoonerBillsFan said: Is Terry having financial issues? They dissolved PSE, many rumors of them trying to sell the Sabres on the low, and now they are putting 1/4 of their only valuable sports team on the market. Something is going on (hint: PSL sales are not going too well). Edited April 19 by Einstein 1 2 Quote Link to comment Share on other sites More sharing options...
gflande1 Posted April 19 Share Posted April 19 Just because they are rich, doesn’t mean they are cash rich. They probably need to raise some cash to pay their part of the stadium, or some other expense. No different than when he sold oil land to finance buying the team. This likely means nothing in regards to the Bills or Pegula finances. Bills aren’t going anywhere, they have a long term lease in place…it would cost a fortune to break that lease. Quote Link to comment Share on other sites More sharing options...
Toomstone.Part.Duex Posted April 19 Share Posted April 19 Its difficult to imagine the amount of money some people have. You'd need over 900 Million just to get a 25% stake. 1 Quote Link to comment Share on other sites More sharing options...
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