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Posted

I'm telling you guys, Gundlach is not as well known as Pegula, but we'd be very lucky to have him.

 

Don't know about that.

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Posted

No one has explained so far why the NFL would so blithely walk away from the 100s of millions of dollars that would not be able to follow the franchise to Toronto. This is particularly the case when the articulated strategy of the NFL is to expand the product and the NFL can have both the already captured millions from the Buffalo franchise AND the likely but as yet uncaptured $ from a Toronto franchise.

 

Why would the NFL which clearly is motivated by getting $ walk away from the already captured 100s of millions from the Buffalo franchise?

Posted

Don't know about that.

 

What makes you say that? He's local and has gone on record saying he wants to buy the team because he loves the Buffalo Bills. I also think he's damn good at his day job.

Posted

What makes you say that? He's local and has gone on record saying he wants to buy the team because he loves the Buffalo Bills. I also think he's damn good at his day job.

And, if the reports are true, he has Jim Kelly as a partner.

Posted

I guess I'm wondering why Kelly would jump in with Gundlach at this time. They must know they have no shot vs. Pegula and if everyone's intentions are to keep the team in town then why even try and bid against him? They are just going to drive the selling price up and that is money we could be putting towards a new stadium.

Posted

Pegula basically talking trash towards other prospective buyers telling them there is a whole lot more where that $1.75 billion came from, that he isn't going anywhere, and to bring it.

 

Love it.

Posted (edited)

I guess I'm wondering why Kelly would jump in with Gundlach at this time. They must know they have no shot vs. Pegula and if everyone's intentions are to keep the team in town then why even try and bid against him? They are just going to drive the selling price up and that is money we could be putting towards a new stadium.

I disagree completely. Anyone with Kelly on the team has not only a shot, but a good shot in my opinion. Look at who the trustees are and their relationship with Kelly.

As to why Kelly would, one guess is he asked Pegula and Pegula said no. Or Kelly thinks Pegula would not be a good owner for the Bills. Only guesses of course.

 

Another wildcard is Golisano. He could hookup with them as well which would give this group more than enough bank to compete with Pegula.

The permutations are endless :)

 

Regardless, this group would keep the Bills in Buffalo as well so all is still well.

Edited by CodeMonkey
Posted

No I don't love it. We could end up with a google

Billionaire bidding 3 billion and pay 600 million

To Erie County to get out of the lease

And are bills are gone to Los angles

As someone's toy.

Posted

Pegula basically talking trash towards other prospective buyers telling them there is a whole lot more where that $1.75 billion came from, that he isn't going anywhere, and to bring it.

 

Love it.

Where do you get Pegula talking trash out of that?

Posted

That is not what the article says.

 

There are 8 groups that signed the NDA and will receive a financial presentation FROM the Bills TO the POTENTIAL Bidder.

 

This was talked about previously as part of the process.

 

It doesn't mean there are 8 active bidders.

Posted

Chris Trapasso@ChrisTrapasso 4m

It's estimated that Jeffrey Gunlach's net worth is around $1B. Terry Pegula, $3.3B a few months ago. Also, Pegula just sold land for $1.75B

 

Gundlach has absolutely cleaned up this year in the markets. I think that estimate might just be a little out of date. No way he's as rich as Terry but he still might be able to put together a good bid. We'll see.

Posted

Yes that means they moved to round 2

The first bids mean nothing

As of the last few days we had 3 groups

 

Now we have 8 and they will now get a chance to

Put in non binding bids

 

So we now have more chances to lose are Bills

Posted

 

Where do you get Pegula talking trash out of that?

 

It's obviously directed towards the other prospective bidders, and he is pretty much giving them the "Not TooooDaaay!" Mutumbo finger wave

Posted

I disagree completely. Anyone with Kelly on the team has not only a shot, but a good shot in my opinion. Look at who the trustees are and their relationship with Kelly.

As to why Kelly would, one guess is he asked Pegula and Pegula said no. Or Kelly thinks Pegula would not be a good owner for the Bills. Only guesses of course.

At the end of the day they can't compete with Pegula in the $ department. Are they really going to leave hundreds of millions of dollars on the table because they think Jim Kelly is a swell guy? All this is doing is driving the price up higher. It's good for the trust but in the end it is only hurting our chances of getting a new stadium

Posted

This is right from the article

 

While the existence of unnamed potential buyers will make Bills fans nervous because those buyers could be based in cities like Los Angeles, the rejection of Bon Jovi’s initial bid based in part of the lack of sufficient assurances that the team won’t move should be interpreted as very good news for folks who want the team to stay put in Buffalo.

 

8 groups to sit down with the Bills in round

2 to see all the Bills books.

Can not be good. I rather have 3 buyers in round 2 then 8 buyers.

 

How did this change so quickly over night

 

Posted (edited)

At the end of the day they can't compete with Pegula in the $ department. Are they really going to leave hundreds of millions of dollars on the table because they think Jim Kelly is a swell guy? All this is doing is driving the price up higher. It's good for the trust but in the end it is only hurting our chances of getting a new stadium

Nothing says they are on the only 2 in the group so who can say what they can or cannot bid.

I would not expect the trustees to pass up hundreds of millions of dollars. But all other things being equal, do you think they pick a team with Kelly, or without?

Edited by CodeMonkey
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