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New sale of team thread


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What a freakin' squid this guy is. If he were genuine he would have written nine simple words, "I will not move the team out of Buffalo". Instead he tip topes around it by saying "oh I'll work with the state", leaving the possibility of a move down the road. Next, he won't even answer questions about the letter.

 

It's a joke, really. I will not support this team with him as an owner until the day they break ground for a new stadium in Buffalo, which will never happen under his tenure. I implore you all to do the same (I'm sure I wouldn't be alone on that).

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Any new owner who would fire Brandon is an idiot. He's a big reason why the Bills financials are so positive. Lord help us if TG puts his lapdog Larry Quinn in charge. The Brandon hate here comes from years of misinformation about his role with the team. He's the guy fighting hardest to keep the Bills in Buffalo, numbskulls!

Edited by PromoTheRobot
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Any new owner who would fire Brandon is an idiot. He's a big reason why the Bills financials are so positive. Lord help us if TG puts his lapdog Larry Quinn in charge. The Brandon hate here comes from years of misinformation about his role with the team. He's the guy fighting hardest to keep the Bills in Buffalo, numbskulls!

 

There's no doubt in my mind Pegula buys the team he'll give the same role to Brandon that he's had for years. Pegula is not a football guy, that's known. So why not just leave the team to a guy who's done the best possible job over the last decade or so.

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Lame letter. The Dean (welcome back) is right-nothing has changed. There is no declaration that he won't move the team and furthermore, he's only a minority owner. He just got a face full of the Buffalo-fest that is this HOF weekend and Andre's blast has him on the PR defensive. I gotta believe that if the NFL owners had no regard for the implications of moving the team then JBJ wouldn't have been backtracking with this letter. Go Pegula!

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What a freakin' squid this guy is. If he were genuine he would have written nine simple words, "I will not move the team out of Buffalo". Instead he tip topes around it by saying "oh I'll work with the state", leaving the possibility of a move down the road. Next, he won't even answer questions about the letter.

 

It's a joke, really. I will not support this team with him as an owner until the day they break ground for a new stadium in Buffalo, which will never happen under his tenure. I implore you all to do the same (I'm sure I wouldn't be alone on that).

The funny part of all the news coming out is how much some of these guys need to promote themselves.

 

That's why I really like Pegula. His silence is all the talking he needs to do.

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This letter is a very cynical, calculated move fueled by a perceived need for desperate action within the JBJ ownership camp.

 

GOOD. They know their goose is cooked.

 

For a host of reasons, I believe Pegula will be the new owner.

 

I think Brandon stays on in a diminished capacity; Pegula has learned his lesson with the Sabres regarding a need for cleaning house.

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It's a simple statement "I promise to keep the Bills in Buffalo". The statement seemed to go to great lengths to not say what he expected us to hear.

 

Would I have believed him, probably not but as written it certainly doesn't change my mind and makes me question his true intentions even more.

 

Kept looking for the words "I Promise" or certainly something close such as "if I buy the Bills they will remain in Western NY." With an emphasis on the period.

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I think Brandon stays on in a diminished capacity; Pegula has learned his lesson with the Sabres regarding a need for cleaning house.

Diminished how. Keep him from football decisions he isn't making now anyway? :wallbash:

 

As for JBJ he could swear on his mother's grave and I still wouldn't believe him.

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This letter is a very cynical, calculated move fueled by a perceived need for desperate action within the JBJ ownership camp.

 

GOOD. They know their goose is cooked.

 

For a host of reasons, I believe Pegula will be the new owner.

 

I think Brandon stays on in a diminished capacity; Pegula has learned his lesson with the Sabres regarding a need for cleaning house.

WIth the same "house," the Sabres had some amazing success under TG. Pegs will likely give the current "house" this year and next before doing anything.

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I will add to the sentiments about Mr. Bongiovanni's letter this morning's buffalo news. It does not speak to Mr. Bongiovanni's intentions with respect the bills after the expiration of Bills current stadium lease, or during the 2020 calendar year, wherein the lease buyout is significantly lowered.

 

I have never been a fan of Mr. Bongiovanni's music, but I understand it to be quintessential 80s pop. I suspect that Mr. Bongiovanni's line about "risking it all" is borne of the same mindset that generated so many of the abhorrent sounds and empty lyrics that gave rise to the incredible wealth. Mr. Bongiovanni's letter insults our collective intelligence, but I'm glad that he is chosen to keep "talking" because it seems like he digs himself deeper every time he opens his mouth or puts pen to paper.

 

I'll also comment about McCarthys column in this morning's buffalo news. This column contains nothing new or insightful. None of the academics or observers referencing the column has anything to do with the sale, and their points are obviously speculative. I don't doubt that the trust and the NFL have a common interest in enhancing the sale price, and I can foresee a scenario in which there is tension between the NFL and the trust regarding the sale price. For example, should the trust accept something other than the highest bid with the goal of ensuring teams long-term stability in Buffalo, the NFL and its owners may attempt to scuttle the sale to the local bidder.

 

But, let's not forget that there is a significant political wildcard here that McCarthy has not mentioned. Sen. Schumer is keenly interested in ensuring it the teams long-term viability in Buffalo, and I doubt the NFL would want to twist the tail of that lion by approving a bid to a group (such as the bongiovanni group) that is not resolutely committed to the long-term future of the bills in Buffalo beyond 2020 and beyond the expiration of the current stadium lease. Schumer's power could threaten the NFL antitrust exemption, which in turn could threaten the NFL's national television contracts. Bear in mind that Schumer has chaired the Democratic Senate campaign committee, and as such he is incredibly well-connected in the Senate and could even be the next Senate majority leader. Even if the Senate changes hands in the next election cycle or two, national politics are cyclical there's a very good chance that under that scenario the Senate could revert to democratic control while Schumer is still in power. Should the NFL act against Schumer's wishes on this particular issue, I strongly suspect that he will be miles up the NFL's proverbial colon during the rest of his time in office. This is not a politician that the NFL or anyone else can simply have removed from office; he's too strong within his party to get in a primary, and too strong within the state to have any hope of defeating in a general election given the current political climate. On top of that, he is close with Hillary Clinton, and there's a very good chance, as we all know, that she could be the next president of United States. Let's not forget that the Clintons LOVE Buffalo.

 

In short, the political climate is such that if A strong, competitive local bid emerges, I do not believe that the NFL would reject that bid as the McCarthy article. Putting aside what would be the penny wise and pound foolish nature of that approach, I also doubt that Ralph's former business partners would put his estate in a bind of not being able to pay estate taxes to the extent the sale is not approved in October.

 

Finally, there is one more tangential political going to be made about the sale process. Astute observers may notice that Steve Casey recently left the mayors office in Buffalo. He now works for Scott congel, who as many of us know, is attempting to develop an area in West Seneca that could potentially house a new bill stadium. My personal view is that for variety of reasons this is a terrible site for a stadium. Putting that aside, the bonding for the project is something that would cripple the town of West Seneca's ability to fund capital improvement projects for the next few decades. Current town board members may feel that way, but there are only three of them. Given the small size of the West Seneca town board, my sense is that casey's duties with congel may include facilitating the election of two board members who would vote for the bonding necessary for Congel to proceed with this project. It's much easier to change the Constitution of a town board that it is to deseat a strong incumbent senator, and it's very possible that the not-too-distant future things could get pretty "real "in West Seneca politics on an issue that might involve work on the site of a future bills stadium.

 

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Been my thoughts on this all along. If JBJ owns 30%, he can easily be outvoted by a consensus of the minority partners, no?

 

Depends on the partnership agreement. If set up as an llc or something like that, would depend on the voting rights of the share (which would also be established by agreement of founders of the llc or like entity).

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