Kelly the Dog Posted January 13, 2016 Posted January 13, 2016 Of course he bought it to make money...because it is a guaranteed money maker. Why else would Kroenke be so hot to spend 2 billion to move his team to LA/Kroenke Stadium? Pegula didn't commit an act of charity when buying the Bills. He voted yes on the move because he believes in his and his colleagues' right to run their businesses as they please---and he sees his share of a billion plus in relocation fees coming his way. He could have had the team for 1b. He had the team for 1b. There was no one else it was going to. He just chose to spend 1.4 because he wanted to, and didn't care, he just wanted it over. He basically gave that much away for free. That is not because he ONLY wants to make money as you say.
4merper4mer Posted January 13, 2016 Posted January 13, 2016 He could have had the team for 1b. He had the team for 1b. There was no one else it was going to. He just chose to spend 1.4 because he wanted to, and didn't care, he just wanted it over. He basically gave that much away for free. That is not because he ONLY wants to make money as you say. He just wants everyone to be just like Bob Kraft which probably would cost Pegula $400M in liquor costs anyway.
Helpmenow Posted January 13, 2016 Posted January 13, 2016 Traded Gar Heard for ND legend John Shumate
Mr. WEO Posted January 13, 2016 Posted January 13, 2016 (edited) He could have had the team for 1b. He had the team for 1b. There was no one else it was going to. He just chose to spend 1.4 because he wanted to, and didn't care, he just wanted it over. He basically gave that much away for free. That is not because he ONLY wants to make money as you say. I've never seen an explanation as to why he spent what he spent. Do you know for sure? Look, I think he's a genuinely nice guy who is interested in Buffalo. Of course there are many cool benefits to owning an NFL team other than it prints more money than the US mint for you. But as a business man, PEgula bought this team because it is the best investment in sports. Pegula is a vast improvement over the previous owner who had no problem voting down other owners' moves while himself threatening to move whenever he wanted better stadium accommodations. Edited January 13, 2016 by Mr. WEO
Kelly the Dog Posted January 13, 2016 Posted January 13, 2016 I've never seen an explanation as to why he spent what he spent. Do you know for sure? Look, I think he's a genuinely nice guy who is interested in Buffalo. Of course there are many cool benefits to owning an NFL team other than it prints more money than the US mint for you. But as a business man, PEgula bought this team because it is the best investment in sports. Pegula is a vast improvement over the previous owner who had no problem voting down other owners' moves while himself threatening to move whenever he wanted better stadium accommodations. The bids were in. They were all around 1b or below. Pegula just went to the trust and said how much will it take to just end this now? They (wisely) said 1.4b even though there was really no more bidding. And Pegula just wrote them a check without negotiating.
aristocrat Posted January 13, 2016 Posted January 13, 2016 He could have had the team for 1b. He had the team for 1b. There was no one else it was going to. He just chose to spend 1.4 because he wanted to, and didn't care, he just wanted it over. He basically gave that much away for free. That is not because he ONLY wants to make money as you say. i thought the 2nd bid was 1.2 bil?
26CornerBlitz Posted January 13, 2016 Author Posted January 13, 2016 @buffalobills We're not going anywhere. #OneBuffalo
Helpmenow Posted January 13, 2016 Posted January 13, 2016 Why should they, they sell the joint out and the fans are always gonna be there.
Reed83HOF Posted January 13, 2016 Posted January 13, 2016 She can buy Ralph's Monets (I mean Rob Johnsons). Guys who have that kind of money don't turn their noses at 30 million. They are the guys in the room looking for someone to drop a dollar on the floor.
Roger Goodell Posted January 13, 2016 Posted January 13, 2016 I am proud the NFL has conducted a fair and open evaluation of the options available for returning professional football to Los Angeles and I believe the hard work put in by so many has resulted in the best possible outcome for all concerned. I look forward to the continued resolution of stadium issues surrounding the Chargers and Raiders.
papazoid Posted January 13, 2016 Posted January 13, 2016 #1 - STL fans can start by blaming themselves. NOT one single sellout this year. #2 - STL fans can blame their elected officials who kept playing hardball knowingly approving plans that came up short financially, even though the current lease spelled out exactly their obligations to keep the team..... FOR THE SECOND TIME.....that's how they lost the cardinals to Arizona. #3 - STL fans likely will never get another NFL team. the league will go to London, England or Toronto before they go back to STL.
PromoTheRobot Posted January 13, 2016 Posted January 13, 2016 The bolded part is obviously false, as you figured out 2 sentences later. The NFL has never suffered for the valuation of the Bills, which has gone up annually before Pegula showed up. As usual, WEO cherry picking his facts. The Bills were valued at just under $800MM just before Ralph's passing. They sold for $1.4B. When the NFL's least valuable franchise sets a new NFL franchise record (for team only, no stadium or real estate) then every NFL franchise gets a huge bump. Those are facts, WEO. Here's another fact, the NFL tolerated the Bills only out of respect for Wilson. Sure the team was worth a nice chuck of change in Buffalo but it would be worth 2X that in Los Angeles just by moving. As I quoted earlier, the NFL's business is the NFL. There was nothing holding the Bills in Buffalo but Ralph Wilson. so rivalries mean nothing? Name two NFL rivalries that mean anything anymore. Bills-Miami? Please. That's been dead since the 90's. In fact I'm in favor of swapping with the Ravens and moving the Bills to a more geographically based AFC North. We belong with Pittsburgh, Cleveland and CInci more than Boston, New York and Miami.
FireChan Posted January 13, 2016 Posted January 13, 2016 As usual, WEO cherry picking his facts. The Bills were valued at just under $800MM just before Ralph's passing. They sold for $1.4B. When the NFL's least valuable franchise sets a new NFL franchise record (for team only, no stadium or real estate) then every NFL franchise gets a huge bump. Those are facts, WEO. Here's another fact, the NFL tolerated the Bills only out of respect for Wilson. Sure the team was worth a nice chuck of change in Buffalo but it would be worth 2X that in Los Angeles just by moving. As I quoted earlier, the NFL's business is the NFL. There was nothing holding the Bills in Buffalo but Ralph Wilson. Name two NFL rivalries that mean anything anymore. Bills-Miami? Please. That's been dead since the 90's. In fact I'm in favor of swapping with the Ravens and moving the Bills to a more geographically based AFC North. We belong with Pittsburgh, Cleveland and CInci more than Boston, New York and Miami. Steelers and Ravens. Ravens and Pats. Jets and Pats. Seahawks and 49ers had a good run for a minute.
26CornerBlitz Posted January 13, 2016 Author Posted January 13, 2016 (edited) Ralph and Bud Adams settling a bet. Bud gave the finger after he lost the bet. Edited January 13, 2016 by 26CornerBlitz
May Day 10 Posted January 13, 2016 Posted January 13, 2016 (edited) Name two NFL rivalries that mean anything anymore. Bills-Miami? Please. That's been dead since the 90's. In fact I'm in favor of swapping with the Ravens and moving the Bills to a more geographically based AFC North. We belong with Pittsburgh, Cleveland and CInci more than Boston, New York and Miami. I completely agree. Bills and Dolphins means nothing to me anymore. Rivalries in the NFL usually are created due to competition. Suddenly Pittsburgh and Cincinnati are a hot rivalry because they are alone in the AFC North and met in the playoffs. Seattle/San Fran had a rivalry until one of them fell off. I have wanted the Bills in the AFC North for a long time.... at least some realignment. Leagues realign periodically, at least subtly... it keeps things fresh. The NFL has had the same configuration for an eternity. Buffalo/Pittsburgh/Cleveland (and Cincinnati) fit together better than Buffalo does with Miami, NYC, and Boston. Put Baltimore with them. Edited January 13, 2016 by May Day 10
PromoTheRobot Posted January 13, 2016 Posted January 13, 2016 Bud gave the finger after he lost the bet. He sure did. Bud probably tipped Ryan Fitzpatrick a quarter for helping.
CountDorkula Posted January 13, 2016 Posted January 13, 2016 He could have had the team for 1b. He had the team for 1b. There was no one else it was going to. He just chose to spend 1.4 because he wanted to, and didn't care, he just wanted it over. He basically gave that much away for free. That is not because he ONLY wants to make money as you say. The Pegulas are not dumb people. Terry may very well be a nice guy, but he did not get filthy rich by being nice. They are in this business to make money. If you do not believe that, you are living in some sort of fantasy land.
Kelly the Dog Posted January 13, 2016 Posted January 13, 2016 The Pegulas are not dumb people. Terry may very well be a nice guy, but he did not get filthy rich by being nice. They are in this business to make money. If you do not believe that, you are living in some sort of fantasy land. I know a bunch of filthy rich people. Not everything they do is to make money. Sometimes just the opposite. The fact is he didn't have to pay nearly as much as he did, but he did, just because he didn't want to mess around anymore. That is not a guy who cares only about making money. You can't help but make money in the NFL. But that is not his reason for being an owner. He can make 10x as much in his old business and flat out said that when he bought the team.
CountDorkula Posted January 13, 2016 Posted January 13, 2016 #1 - STL fans can start by blaming themselves. NOT one single sellout this year. #2 - STL fans can blame their elected officials who kept playing hardball knowingly approving plans that came up short financially, even though the current lease spelled out exactly their obligations to keep the team..... FOR THE SECOND TIME.....that's how they lost the cardinals to Arizona. #3 - STL fans likely will never get another NFL team. the league will go to London, England or Toronto before they go back to STL. I dont blame cities for finally standing up to the NFL. There should be no need for the taxpayers to front hundreds of Millions of dollars to build a stadium for billionaires and a multi-billion dollar company. There is a clause in the CInci agreement that once holographic replay system (not invented yet) make its mark, the tax payers have to pay the bill to have that installed in the stadium. WTF?
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