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Posted

Man.....it's like buying 25% of a money printing press.  Could only dream of an opportunity like this.  Someone is going to get the opportunity of a lifetime here.  Good for them.

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Posted
1 minute ago, Shaw66 said:

Where do I send my bid?

 

I’m good for 25% of your 25%. 

 

I must admit, I did not see this coming when I woke up this morning. I’m glad there is a stadium coming out of the ground, because I’m having Buffalo Braves flashbacks. 

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Posted
2 minutes ago, Augie said:

 

I’m good for 25% of your 25%. 

 

I must admit, I did not see this coming when I woke up this morning. I’m glad there is a stadium coming out of the ground, because I’m having Buffalo Braves flashbacks. 

In the land of lawyers you really think that matters? 

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Posted
1 minute ago, dma0034 said:

Interesting considering there were rumors about him trying to sell the Sabres yesterday

i was told early in the bills season by a trusted source of first hand knowledge those rumors were not true. i do not think this person was accurate.

 

anyone doing this needs to have the ability to purchase the team as a whole should Pegs want to sell it.

Posted
3 minutes ago, noacls said:

In the land of lawyers you really think that matters? 

 

In the land of the real world, yes I think it matters. 

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Posted
3 minutes ago, Back2Buff said:

Makes zero sense to me.  Can't believe the Pegula's have money issues.


It's more and more common for sports owners to do this.

Tax reasons, stadium cost overruns, etc, etc...

Graham lays it out well in the article.

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Posted
1 minute ago, Aimee75 said:

Can someone break this down for an idiot like me and tell me what this means?

sounds like 25% of the team is for sale

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Posted (edited)
6 minutes ago, Back2Buff said:

Makes zero sense to me.  Can't believe the Pegula's have money issues.

Makes perfect sense. It’ll cover his share of the stadium costs.

Edited by Buffalo_Stampede
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Posted
1 minute ago, Aimee75 said:

Can someone break this down for an idiot like me and tell me what this means?


The Pegulas currently own 100% of the Buffalo Bills football team.

They are selling 25% -- or one quarter -- ownership of the team.

This will leave them with 75% -- or three quarters -- ownership of the team.

They are doing this to make some money.

Hope this helps.

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Posted

I mean the Jacobs family, who has run Delaware North, has always been rumored to be interested but never put in a bid. Apparently all the Jacobs kids own the Bruins now so maybe a couple want a piece of the Bills in case Terry decides to sell the team at some point 

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