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Pegulas selling 25% of the Bills, per Tim Graham


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Announced on a Friday afternoon 5 days before the draft.  
 

Pegula is worse than a politician.  
 

And where is he?  
 

 

Diggs traded 

Granato fired

Minority sale of team

 

 

Nothing to see here.   

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1 minute ago, Fan in Chicago said:

I know you are joking but the gas from such a well is currently selling for historically low prices. The US is producing way too much natural gas right now. 


Yeah,,. Just kidding … he has said this before though right ? 

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4 minutes ago, london_bills said:

Guessing Jessica pegula doesn't want it 😔

 

I love her. She is her Mom’s child. She’s still near the top of women’s tennis, but if down the line she became more heavily involved I think that would be great. 

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6 minutes ago, Big Blitz said:

Announced on a Friday afternoon 5 days before the draft.  
 

Pegula is worse than a politician.  
 

And where is he?  
 

 

Diggs traded 

Granato fired

Minority sale of team

 

 

Nothing to see here.   


Hating Pegula for no reason is senseless 

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1 hour ago, dma0034 said:

Interesting considering there were rumors about him trying to sell the Sabres yesterday

It's entirely possible he has rethought his position with owning the Bills and Sabres due to his wife's health.

 

I still think this is a weird move; wanting to transition to a different stage of life without the burden of these teams is one thing, but why sell 25% of it?  Is he hurting for cash and needs some liquidity?

 

Why?

 

 

17 minutes ago, Aussie Joe said:


Correction - Everything but 75 percent of the Bills..

The funny thing is that for the last several years, their actions with regard to the Sabres could be viewed as preparatory steps to selling the franchise.  They had things stripped pretty clean at one point. 

 

 

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1 hour ago, Back2Buff said:

Makes zero sense to me.  Can't believe the Pegula's have money issues.

Really? The stadium cost went up another $100 million in the time it took me to write this.

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1 hour ago, NoSaint said:

The ultimate PSL

Own a team...get no say in anything.

27 minutes ago, Einstein said:


If you believe the rumors, they have been trying to sell the Sabres for about 9 months now. 

 

 

 

12oz sports. Is that like ESPN? They have a website so you know it's legit.

13 minutes ago, Warriorspikes51 said:


Hating Pegula for no reason is senseless 

 

But it is what we do.

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31 minutes ago, Augie said:

 

….or kicking a ball. That is so childish. 

That and miss pronouncing “Aluminum” 😂 on purpose, 🤣

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1 hour ago, Aimee75 said:

Can someone break this down for an idiot like me and tell me what this means?

 

The new stadium raises the value of the team substantially. The Pegulas are cashing out on some of that.

 

Ultimately money talks, but the NFL prefers that prospective majority owners first buy a minority stake in a NFL team. The minority stake does not have to be in the team that they ultimately acquire a majority stake in.

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I'm purchasing the 25 percent and the first thing I am gonna do is shut down this forum and start a new one, 😁but if u wanna join u gonna have to pay me a fpl (forum post license)

Edited by billybob71
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1 hour ago, Gregg said:

 

With the new stadium being built I am not worried about them moving. Didn't the Bills sign a long-term lease to remain in Buffalo with the new stadium on the way. 

 

NFL franchises are valuable enough a buyer could pay off the stadium and buy the team to move it.

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NFL ownership  is a pretty good place to park $1Billion and be almost guaranteed to to get a good return on that $1B.  For Pegula, he gets a nice chunk of cash, maintains control, and gets another billionaire with some skin in the game in Western NY.  

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4 minutes ago, Don Otreply said:

That and miss pronouncing “Aluminum” 😂 on purpose, 🤣

 

I started a job once on the same day as another guy and we became friends. His last name was Ruggerio, nice guy from Chicago. So, I’m sitting in his office one day and I notice his name plate says Ruggiero. I had to ask if he spelled his own name wrong, or just pronounced it wrong. 

 

Say it out loud. 

 

He seemed genuinely confused. No, that’s the way it is. Okay then……. 🤷‍♂️

 

Some kitchen stuff is one thing, but your own NAME??? 😂 

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