CodeMonkey Posted June 19, 2014 Posted June 19, 2014 Anyone think the winning bidder will be leaked before the NFL owners vote? CBF Before they vote, maybe (they might want to meet with any potential owner and it's tough keeping that quiet). Before being presented, I doubt it.
Canadian Bills Fan Posted June 19, 2014 Posted June 19, 2014 So this will go on until at least October? CBF
YoloinOhio Posted June 19, 2014 Author Posted June 19, 2014 So this will go on until at least October? CBF Someone can correct me if I'm wrong but my understanding is that October is the earliest the sale can be approved by the league. The winning bid could be announced much sooner.
CodeMonkey Posted June 19, 2014 Posted June 19, 2014 So this will go on until at least October? CBF Que Sera Sera my friend. Someone can correct me if I'm wrong but my understanding is that October is the earliest the sale can be approved by the league. The winning bid could be announced much sooner. Could but what is the advantage in doing so? If they keep quiet it would help the process if the first winning bidder is not approved.
Canadian Bills Fan Posted June 19, 2014 Posted June 19, 2014 Thats what I meant. Can the announce who won the bid before October? CBF
Ronin Posted June 19, 2014 Posted June 19, 2014 Absolutely. Terry Pegula would be the dream owner for the Bills. I think that the jury's out there. I can only read what everyone says about the Sabres, and can look at the roster and standings, but despite what his defenders say about the reasons why the team has hit historical lows in the couple of short years on his watch, that still doesn't amount to competent management of the Sabres. This could very well fall into the category of "be careful what you wish for, you may get it." Say what we will about Trump, and as with everyone I think he's just blowing smoke, but I have a difficult time believing that an owner like him wouldn't make some serious "you're fired!" changes and be upset if his team were not a winner.
YoloinOhio Posted June 19, 2014 Author Posted June 19, 2014 Que Sera Sera my friend. Could but what is the advantage in doing so? If they keep quiet it would help the process if the first winning bidder is not approved. Again not at all an expert but if they are bringing the bidder to the league it would be a formality? They probably already know they will get approved. Just a thought.
Ronin Posted June 19, 2014 Posted June 19, 2014 (edited) Someone can correct me if I'm wrong but my understanding is that October is the earliest the sale can be approved by the league. The winning bid could be announced much sooner. Presumably all the bids can come in before then and the high bidder annouced. The earliest that the owner can be approved is October since the owners have no plans of meeting together 'til then. Anyone think the winning bidder will be leaked before the NFL owners vote? CBF Absolutely. I think we can expect it. Would it even be a breach of anything if it were? Edited June 19, 2014 by TaskersGhost
CodeMonkey Posted June 19, 2014 Posted June 19, 2014 (edited) Again not at all an expert but if they are bringing the bidder to the league it would be a formality? They probably already know they will get approved. Just a thought. Quite possible, particularly if they got the approval informally first. But imagine if you will that did not happen, and they present Trump. Formality? Absolutely. I think we can expect it. Would it even be a breach of anything if it were? Can't say without seeing the NDA and the terms of the Trust. But I go back to what is the advantage to the Trust, the NFL, or any of the parties involved in making that announcement prior to the owners meeting? i can't think of any. Edited June 19, 2014 by CodeMonkey
YoloinOhio Posted June 19, 2014 Author Posted June 19, 2014 (edited) Quite possible, particularly if they got the approval informally first. But imagine if you will that did not happen, and they present Trump. Formality? Can't say without seeing the NDA and the terms of the Trust. But I go back to what is the advantage to the Trust, the NFL, or any of the parties involved in making that announcement prior to the owners meeting? i can't think of any. No way, not with Trump! I imagine the Bills would not announce it as an organization until league approval went through,.. but the media could "break the news." Not our local media, of course. They are too busy taking pics of the divets in the grass from Marcel's tires by the Mongolian BBQ. Someone in the Tanenbaum group likely told him. It will be interesting to see if the guy's "sources" dry up one the NDA goes into effect... Maybe but Kryk is very dialed into the Bills and has repeatedly said he does not think Toronto is in the cards. Edited June 19, 2014 by YoloinOhio
FLFan Posted June 19, 2014 Posted June 19, 2014 I would not expect any formal announcements until the results of the bids and recommendations have been presented to the other owners. However, there will be lots of informal discussions happening with the league and key owners during the process so I would expect information to leak out over the course of the summer.
Peter Posted June 19, 2014 Posted June 19, 2014 I think that the jury's out there. I can only read what everyone says about the Sabres, and can look at the roster and standings, but despite what his defenders say about the reasons why the team has hit historical lows in the couple of short years on his watch, that still doesn't amount to competent management of the Sabres. This could very well fall into the category of "be careful what you wish for, you may get it." Say what we will about Trump, and as with everyone I think he's just blowing smoke, but I have a difficult time believing that an owner like him wouldn't make some serious "you're fired!" changes and be upset if his team were not a winner. We can argue about some of the things you say in your post. What no one can dispute is that Terry and Kim Pegula have their hearts in the right place and would never move the Bills out of WNY. Indeed, I am sure that they would make sure that the Bills stayed in Buffalo even after they were gone. We would never have to go through what we are going through now.
atlbillsfan1975 Posted June 19, 2014 Posted June 19, 2014 I think that the jury's out there. I can only read what everyone says about the Sabres, and can look at the roster and standings, but despite what his defenders say about the reasons why the team has hit historical lows in the couple of short years on his watch, that still doesn't amount to competent management of the Sabres. This could very well fall into the category of "be careful what you wish for, you may get it." Say what we will about Trump, and as with everyone I think he's just blowing smoke, but I have a difficult time believing that an owner like him wouldn't make some serious "you're fired!" changes and be upset if his team were not a winner. Just because you are good in business does not always translate to being good at owning a professional team. Jerry Jones proves this and so does Snyder in Washington. Before people tell me about Jerry Jones' Super Bowls- Jimmy Johnson gave those to Dallas. I go back and forth on Trump. i agree he would want to win, but you and i know he will sell the Bills in the next 15 years to the highest bidder.
May Day 10 Posted June 19, 2014 Posted June 19, 2014 (edited) Pegula turfed everyone when the results didnt happen. He started rough, but seems to have learned on the fly. He tried to bring in the top FAs but they wouldnt sign (Richards, Suter, Parise, Doan). Now they are looking to stock up on drafted stars who are forced to be here and then once they are good, the top FAs will want to come here. pretty simple, and correct philosophy. The way the Sabres (and Bills) go with shooting for 8th -10th place is poison for the long-term. The foundation finally collapsed. Pegula wants to win. No doubt. Also he has shown a willingness to do what it takes financially. But we are going to root for trump because a stupid catch phrase on a terrible scripted reality show? Who is to say a willingness to quickly "fire" people every time things arent going your way is the right path? Edited June 19, 2014 by May Day 10
mrags Posted June 19, 2014 Posted June 19, 2014 So for example, of TPegs bids 1.25B can Rogers come right in and bid 1.26B and win? Is it based in a blind bid? What's the normal road of travel here? Anyone?
The Real Buffalo Joe Posted June 19, 2014 Posted June 19, 2014 (edited) I think that the jury's out there. I can only read what everyone says about the Sabres, and can look at the roster and standings, but despite what his defenders say about the reasons why the team has hit historical lows in the couple of short years on his watch, that still doesn't amount to competent management of the Sabres. This could very well fall into the category of "be careful what you wish for, you may get it." Say what we will about Trump, and as with everyone I think he's just blowing smoke, but I have a difficult time believing that an owner like him wouldn't make some serious "you're fired!" changes and be upset if his team were not a winner. The most important thing Pegula did was keep the Sabres in Buffalo. He's not a hockey guy, and admit that from day 1. He entrusted all on ice decisions to his hockey people. Unfortunately, the hockey people in charge were the ones that messed it up. But as I've said before, I'd rather a losing football team in Buffalo, than a winning one in Toronto. Edited June 19, 2014 by The Real Buffalo Joe
Canadian Bills Fan Posted June 19, 2014 Posted June 19, 2014 http://www.buffalonews.com/sports/bills-nfl/how-to-buy-and-sell-an-nfl-team-20140511 Decent read into the selling process CBF
26CornerBlitz Posted June 19, 2014 Posted June 19, 2014 @AdamBenigni Statement from Donald Trump representation re: Sale of #Bills @WGRZ "Mr. Trump has received the Non-disclosure agreement. Upon receipt of the Morgan Stanley documentation, Mr. Trump will make a... @wgrz decision on his interest in acquiring the #Bills. Mr. Trump's financial position is somewhat unique in that he has the ability to... @WGRZ acquire the team by himself, should he elect, or as part of a syndicate." I'm betting there will be no "statement" from anyone else who intends to bid.
l< j Posted June 19, 2014 Posted June 19, 2014 Will the bids be sealed? I don't mean to the general public (I assume we will never know what the losing bids look like), but will the competing bidders have access to what is submitted and be able to adjust accordingly? Can you adjust your bid at all? kj
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