LabattBlue Posted May 24, 2018 Posted May 24, 2018 I'm assuming if this happened, it would have take place when Ralph was still alive, but at some point was Brandon given a very small stake in the team? If he did, I would guess his share went away when the Pegula's bought the team? Anyone have any insights regarding this?
Augie Posted May 24, 2018 Posted May 24, 2018 1 minute ago, FluffHead said: He had a stake in multiple female employees That wasn’t a stake. Or even a steak, but.....
Rico Posted May 24, 2018 Posted May 24, 2018 If he did and still has it, I hope it all goes to his wife after the divorce. 2 1
4_kidd_4 Posted May 24, 2018 Posted May 24, 2018 No insight other than I thought the same thing, he was given a very small percentage after Ralph’s passing.
MAJBobby Posted May 24, 2018 Posted May 24, 2018 (edited) If he had any at Ralph’s passing it would have been paid out on the sale to the Pegulas. Edited May 24, 2018 by MAJBobby 1
Rochesterfan Posted May 24, 2018 Posted May 24, 2018 I believe he was given a small percentage when Ralph passed, but that would have been bought up by the Pegulas when they bought the team. Ralph gave small stakes to a few of his cronies that had been with the team to ensure they wanted to get the most for it as that was money for them also. 1
K-9 Posted May 24, 2018 Posted May 24, 2018 29 minutes ago, Augie said: That wasn’t a stake. Or even a steak, but..... Oh, it was a stake all right; a MIStake.
Augie Posted May 24, 2018 Posted May 24, 2018 1 minute ago, K-9 said: Oh, it was a stake all right; a MIStake. Other than making that plural, hard to argue against that. (But I was expecting a meat joke, so I erred there too.)
Taro T Posted May 24, 2018 Posted May 24, 2018 Had seen him reported as "managing partner" a couple of times, which implies an ownership stake. Of course, he likely was the source behind that, so no idea whether that was true & accurate. 1
Kirby Jackson Posted May 24, 2018 Posted May 24, 2018 I would imagine that he received a payout when the team was sold. Additionally, he may have had a small stake. I have a friend that has a small stake in an NHL franchise as part of his compensation package. He dreads the cash calls though because his net worth is minuscule in proportion to everyone else involved.
JohnC Posted May 24, 2018 Posted May 24, 2018 11 hours ago, Augie said: Other than making that plural, hard to argue against that. (But I was expecting a meat joke, so I erred there too.) Was it a sausage that sizzled in the bun?
dollars 2 donuts Posted May 24, 2018 Posted May 24, 2018 11 hours ago, Rochesterfan said: I believe he was given a small percentage when Ralph passed, but that would have been bought up by the Pegulas when they bought the team. Ralph gave small stakes to a few of his cronies that had been with the team to ensure they wanted to get the most for it as that was money for them also. Someone told me awhile back that he had half a percent. If so his cut would have been about $7 million at the time of the sale.
T master Posted May 24, 2018 Posted May 24, 2018 When you make at least a 6 figure pay check for a company i'd say yah they have a piece of the team !!
mannc Posted May 24, 2018 Posted May 24, 2018 I thought that would be against league rules, that the franchises can only be owned by one person (except for the Packers, who were grandfathered in), right?
Delete This Account Posted May 24, 2018 Posted May 24, 2018 13 hours ago, LabattBlue said: I'm assuming if this happened, it would have take place when Ralph was still alive, but at some point was Brandon given a very small stake in the team? If he did, I would guess his share went away when the Pegula's bought the team? Anyone have any insights regarding this? He had no ownership stake in the Bills jw 1
Kirby Jackson Posted May 24, 2018 Posted May 24, 2018 13 minutes ago, T master said: When you make at least a 6 figure pay check for a company i'd say yah they have a piece of the team !! There are tons of people in the front office with 6 figure pay checks. RB’s pay check was in the 7 figures.
Shaw66 Posted May 24, 2018 Posted May 24, 2018 8 minutes ago, mannc said: I thought that would be against league rules, that the franchises can only be owned by one person (except for the Packers, who were grandfathered in), right? I, too, seem to recall that Brandon got a small piece from Mr. Wilson. I don't know the league rule, but I'm pretty sure it isn't necessary that the "owners" (the Pegulas, the Maras, the Jerry Joneses) own 100%. I'm pretty sure a few celebrities had (and maybe still have) small pieces of the Dolphins. I'd guess that the rules require that the majority owner have total control - the league wants to deal with one or two owners and not worry about whether the owners can get the votes of their minority partners. All a guess on my part, but that's likely how it works. As for Brandon, either the Pegulas insisted he sell out to them at the time they bought the team, or they insisted that he sign an agreement saying he WOULD sell out when his employment ended. Either way, I'd guess that if Brandon had a piece, he doesn't any longer. 1
dollars 2 donuts Posted May 24, 2018 Posted May 24, 2018 21 minutes ago, mannc said: I thought that would be against league rules, that the franchises can only be owned by one person (except for the Packers, who were grandfathered in), right? 7 minutes ago, Shaw66 said: I, too, seem to recall that Brandon got a small piece from Mr. Wilson. I don't know the league rule, but I'm pretty sure it isn't necessary that the "owners" (the Pegulas, the Maras, the Jerry Joneses) own 100%. I'm pretty sure a few celebrities had (and maybe still have) small pieces of the Dolphins. I'd guess that the rules require that the majority owner have total control - the league wants to deal with one or two owners and not worry about whether the owners can get the votes of their minority partners. All a guess on my part, but that's likely how it works. As for Brandon, either the Pegulas insisted he sell out to them at the time they bought the team, or they insisted that he sign an agreement saying he WOULD sell out when his employment ended. Either way, I'd guess that if Brandon had a piece, he doesn't any longer. Yeah, I believe there is a little difference between ownership interest and controlling interest. If he had one half of one percent I doubt there was an control or voting associated with it...not that it would make that much of a difference at that level of ownership, anyways.
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