Fight Between Toronto, Buffalo, And Some Famous Names Will Make The Bills The Most Expensive NFL Team Ever
Getty Images
Terrence Pegula, the owner of the Buffalo Sabres in the NHL, is one of three known bidders for the Bills, with his initial bid being "more than $1 billion" according to Josh Kosman of the New York Post.
One of the other known bids came from a group led by Jon Bon Jovi according to John Kryk of the Toronto Sun. It is unknown how much that group has bid initially.
The third bid came from Donald Trump. However, he recently told Fox News that "chances are very, very unlikely [that he'll win the bidding] because [he's] not gonna do something totally stupid."
Ultimately, the sale of the Bills will become a fight between the cities of Buffalo and Toronto.
Pegula has confirmed that he wants to keep the team in Buffalo (as would Trump). Bon Jovi's group is expected to move the team to Toronto if they win the bidding. A recent report revealed that Bon Jovi, who is backed by the Rogers family of Canada's Rogers Communications, has conducted a feasibility study which identified three potential sites for a new stadium in or near Toronto.
The trust of the late owner Ralph Wilson is expected to simply accept the highest bid regardless of where the new owner wants the team to play. This should keep the bidding somewhat in check as nobody will have to make a Steve Ballmer-like overbid of $2 billion or more.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Catan adds climate change to the latest edition of the world-famous board game
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- JNK India IPO allotment – How to check allotment, GMP, listing date and more
- Indian Army unveils selfie point at Hombotingla Pass ahead of 25th anniversary of Kargil Vijay Diwas
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market