Pegula sells a stake in the Bills according to the Sports Business Journal

[Kelly to Allen]

Just now, GoBills! said:

Great now if you don’t prepay parking by Thursday online you will be charged an additional $20 processing fee on Sunday. 
 

That’s how venture capitalist inject themselves into a business like this… 

We all knew a new stadium would raise prices, add in being a super bowl contender every year with the best QB in the NFL and it is what it is. I'm just trying to enjoy all of it as much as I can. Because one day we'll suck again and a trent Edwards or Todd Collins will be QB. 

 

Gotta enjoy this era with Allen 

[agilen]

Lot of folks here with big opinions on “venture capital”. VC has nothing at all to do with the NFL.

 

While it’s all “private equity”, most of the boogeymen folks are commenting on are doing leveraged buyouts. This also has nothing at all to do with the NFL.

 

This is just a “growth equity” investment. It’s Terry taking some $$ of the table (to help with the stadium and JA’s next contract). He gives up nothing more than a few extra seats in the new stadium’s owners suite.

[US Egg]

8 hours ago, GoBills! said:

Great now if you don’t prepay parking by Thursday online you will be charged an additional $20 processing fee on Sunday. 
 

That’s how venture capitalist inject themselves into a business like this… 

It’s not you Daddy’s football team anymore…..

[ToGoGo]

7 hours ago, agilen said:

Lot of folks here with big opinions on “venture capital”. VC has nothing at all to do with the NFL.

 

While it’s all “private equity”, most of the boogeymen folks are commenting on are doing leveraged buyouts. This also has nothing at all to do with the NFL.

 

This is just a “growth equity” investment. It’s Terry taking some $$ of the table (to help with the stadium and JA’s next contract). He gives up nothing more than a few extra seats in the new stadium’s owners suite.

That’s certainly what it is today, in 2024. 
 

But as their health declines and the kids take over, and who knows their business acumen, there’s some serious sharks already in the door ready to maneuver. 
 

 

[Mr. WEO]

50 minutes ago, ToGoGo said:

That’s certainly what it is today, in 2024. 
 

But as their health declines and the kids take over, and who knows their business acumen, there’s some serious sharks already in the door ready to maneuver. 
 

 

 

maneuver...how?  They can't force a sale of  the team.  They are not voting owners in the NFL.  What are you getting at?

[JP51]

On 11/18/2024 at 9:25 PM, Ridgewaycynic2013 said:

Dilly Dilly lol 😆 

[Dr.Mantis_Toboggan]

On 11/18/2024 at 10:09 PM, EasternOHBillsFan said:

 

I didn't need any of them in the 1980s, so why would I now? Sorry, but life was better back in the day... this century is shi*e.

Idk, you ever try delivering pizza without a GPS?

[Augie]

23 minutes ago, Dr.Mantis_Toboggan said:

Idk, you ever try delivering pizza without a GPS?

 

I had a tennis buddy named Mel, and he owned Mel’s House of Maps. That’s right, he sold maps to people retail and made a living doing it. I’d love to see a kid today even fold a map! Right after we give them a rotary phone to use!  😂 

 

 

P.S. -  This was in the mid to late 90’s, not the 1800’s. It wasn’t THAT long ago. 

[Mike in Horseheads]

1 hour ago, Augie said:

 

I had a tennis buddy named Mel, and he owned Mel’s House of Maps. That’s right, he sold maps to people retail and made a living doing it. I’d love to see a kid today even fold a map! Right after we give them a rotary phone to use!  😂 

 

 

P.S. -  This was in the mid to late 90’s, not the 1800’s. It wasn’t THAT long ago. 

AAA trip tic with the trip all drawn out for you  was the way to go

[Since1981]

Is it simply a matter of Pegs getting some cash equity pulled out of the team into his pocket? More liquidity? I’m trying to figure out Pegula motivation? 

 

Pegula purchased for $1.4 billion. Today’s value $4.2 billion, according to Forbes. This represents a gain of about $2.8 billion, or a 200% increase in value over the past decade.

 

what is pegs motivation?

[Mike in Horseheads]

22 minutes ago, Since1981 said:

Is it simply a matter of Pegs getting some cash equity pulled out of the team into his pocket? More liquidity? I’m trying to figure out Pegula motivation? 

 

Pegula purchased for $1.4 billion. Today’s value $4.2 billion, according to Forbes. This represents a gain of about $2.8 billion, or a 200% increase in value over the past decade.

 

what is pegs motivation?

Paying for stadium cost over runs and JA next contract

[Augie]

7 minutes ago, Mike in Horseheads said:

Paying for stadium cost over runs and JA next contract

 

That seems pretty simple to me. 

 

The people who say it is for maintaining their lifestyle come off as simple as well. 

[Mike in Horseheads]

2 minutes ago, Augie said:

 

That seems pretty simple to me. 

 

The people who say it is for maintaining their lifestyle come off as simple as well. 

The maps conversation was more entertaining at this point

[PromoTheRobot]

I can't believe the price jump on this stadium. If there isn't the same increase on other stadium projects, I'm going to have some questions.

[Mike in Horseheads]

11 minutes ago, PromoTheRobot said:

I can't believe the price jump on this stadium. If there isn't the same increase on other stadium projects, I'm going to have some questions.

I still think its for the Corning Gorilla Glass roof

[PromoTheRobot]

3 minutes ago, Mike in Horseheads said:

I still think its for the Corning Gorilla Glass roof

Tennessee is getting a nice dome for the same price, albeit projected. I'll be curious what that ends up costing.

[HIT BY SPIKES]

1 minute ago, PromoTheRobot said:

COVID night have had something to do with that.

 

The layoffs -- YES

 

The crass presentation of the Ownership goals to people being laid off -- was from Kim's heart and had nothing to do with Covid.

 

Kim Pegula was very clear as to the Owner's goals.

 

Those that still believe that the Pegulas are/were some sort of Saviour to the City of Buffalo are nothing but Homers at this point.

[PromoTheRobot]

11 hours ago, HIT BY SPIKES said:

 

The layoffs -- YES

 

The crass presentation of the Ownership goals to people being laid off -- was from Kim's heart and had nothing to do with Covid.

 

Kim Pegula was very clear as to the Owner's goals.

 

Those that still believe that the Pegulas are/were some sort of Saviour to the City of Buffalo are nothing but Homers at this point.

 

The fact the Bills and Sabres are still in Buffalo flies against your opinion. Both teams would make more money and be worth more elsewhere.

[HIT BY SPIKES]

7 minutes ago, PromoTheRobot said:

 

The fact the Bills and Sabres are still in Buffalo flies against your opinion. Both teams would make more money and be worth more elsewhere.

 

Assuming the NHL -- who owned the Sabres after the Bankruptcy to keep them in Buffalo -- and the NFL -- original AFL team owned forever previously by a historic league founder in Ralph Wilson -- would allow either team to move to another city.

 

I would say the historical evidence is that neither league would allow that.

 

Therefore the team is worth what it is and is as profitable as it is only in Buffalo.

 

An imaginary Bills and Sabres in another city other than Buffalo is a simply a straw man argument.

[Mr. WEO]

19 hours ago, Since1981 said:

Is it simply a matter of Pegs getting some cash equity pulled out of the team into his pocket? More liquidity? I’m trying to figure out Pegula motivation? 

 

Pegula purchased for $1.4 billion. Today’s value $4.2 billion, according to Forbes. This represents a gain of about $2.8 billion, or a 200% increase in value over the past decade.

 

what is pegs motivation?

 

a billion more more actual dollars in the bank?  that would do it for most people.