Aimee75 Posted April 19 Share Posted April 19 5 minutes ago, NoSaint said: If we had those answers it would be in the post but the process seems to be just starting I hate this. I never know what the implications will be, or what the intentions are, and worrying about this team staying or going is exhausting at this point. I feel like I need to just let go in that area. I know this does not mean that, it's just that I wonder when 25% turns into 50% and so on. I also wonder if this has to do with Kim's health. Quote Link to comment Share on other sites More sharing options...
Fan in Chicago Posted April 19 Share Posted April 19 5 minutes ago, HomeskillitMoorman said: I bet we could all easily come to a compromise on who to take Good luck with that Quote Link to comment Share on other sites More sharing options...
Mr Info Posted April 19 Share Posted April 19 22 minutes ago, Buffalo_Stampede said: Probably get some celebrities as part owner. Hopefully, no one like A Rod or Marc Lore. Quote Link to comment Share on other sites More sharing options...
Process Posted April 19 Share Posted April 19 Never a dull moment with this team the last few years 1 Quote Link to comment Share on other sites More sharing options...
Gregg Posted April 19 Share Posted April 19 Just now, Aimee75 said: I hate this. I never know what the implications will be, or what the intentions are, and worrying about this team staying or going is exhausting at this point. I feel like I need to just let go in that area. I know this does not mean that, it's just that I wonder when 25% turns into 50% and so on. I also wonder if this has to do with Kim's health. 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. 2 Quote Link to comment Share on other sites More sharing options...
DapperCam Posted April 19 Share Posted April 19 Considering the NFL is basically a money printer, I'm surprised something like cost overruns can cause a partial sale to cover it. I would think there would be some sort of financing available to cover the overruns using the team as collateral (but maybe there are rules against that, or maybe the interest rates are too high to make that option worth it). Quote Link to comment Share on other sites More sharing options...
Logic Posted April 19 Share Posted April 19 2 minutes ago, Aimee75 said: I hate this. I never know what the implications will be, or what the intentions are, and worrying about this team staying or going is exhausting at this point. I feel like I need to just let go in that area. I know this does not mean that, it's just that I wonder when 25% turns into 50% and so on. I also wonder if this has to do with Kim's health. I would encourage you to read Graham's article. I really don't think it's anything to worry about. 2 Quote Link to comment Share on other sites More sharing options...
Aimee75 Posted April 19 Share Posted April 19 3 minutes ago, dpberr said: 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. Good points. I don't think Kim will ever regain ownership. It has been alluded to. I think the stroke took a huge toll on her. Honestly, maybe it's for the better, that is a highly stressful job and someone who went through what she did should probably not be in that position. I also think about Terry's age often. Quote Link to comment Share on other sites More sharing options...
The Wiz Posted April 19 Share Posted April 19 This about sums it up. 1 2 Quote Link to comment Share on other sites More sharing options...
Aimee75 Posted April 19 Share Posted April 19 2 minutes ago, Process said: Never a dull moment with this team the last few years Just one year I would love nothing more than some dull moments! Quote Link to comment Share on other sites More sharing options...
Roundybout Posted April 19 Author Share Posted April 19 Just now, The Wiz said: This about sums it up. He’s such a POS. 1 Quote Link to comment Share on other sites More sharing options...
Motorin' Posted April 19 Share Posted April 19 16 minutes ago, Bray Wyatt said: This is how we get a dome!!! 🙃 1 Quote Link to comment Share on other sites More sharing options...
DapperCam Posted April 19 Share Posted April 19 Just now, Aimee75 said: Just one year I would love nothing more than some dull moments! We had like 17 years of dull moments, I'll pass on that 2 1 Quote Link to comment Share on other sites More sharing options...
The Wiz Posted April 19 Share Posted April 19 1 minute ago, Aimee75 said: Just one year I would love nothing more than some dull moments! We had 17 of those in a row. Quote Link to comment Share on other sites More sharing options...
H2o Posted April 19 Share Posted April 19 21 minutes ago, BuffaloBillyG said: I STG if I see Bon Jovi at the airport ... Being picked up in a Taurus? 1 Quote Link to comment Share on other sites More sharing options...
MarkyMannn Posted April 19 Share Posted April 19 (edited) 32 minutes ago, dma0034 said: Interesting considering there were rumors about him trying to sell the Sabres yesterday Some site called Hockey Feed had a story yesterday with Pegs selling Sabres and all other sports interests OTHER than the Bills https://www.facebook.com/share/p/MRHLeCH92ZmxvRud/?mibextid=oFDknk Edited April 19 by MarkyMannn Quote Link to comment Share on other sites More sharing options...
BuffaloBillyG Posted April 19 Share Posted April 19 Just now, H2o said: Being picked up in a Taurus? Nope. On a steel horse he rides... 1 4 Quote Link to comment Share on other sites More sharing options...
Aimee75 Posted April 19 Share Posted April 19 1 minute ago, The Wiz said: We had 17 of those in a row. I meant in the off season 🤐 Quote Link to comment Share on other sites More sharing options...
Logic Posted April 19 Share Posted April 19 @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. 2 1 Quote Link to comment Share on other sites More sharing options...
H2o Posted April 19 Share Posted April 19 3 minutes ago, The Wiz said: This about sums it up. Quote Link to comment Share on other sites More sharing options...
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...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.