Bills/Erie County Agree In Principle on 1 Year Lease Extension

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  • BLeonard
    BoB Sabermetrician
    • Jan 2003
    • 4625

    Bills/Erie County Agree In Principle on 1 Year Lease Extension

    Per WGR Twitter: http://ja.twitter.com/WGRZ/status/245895009587580928

    WGRZ‏@WGRZ

    Erie Co. Exec. says he has agreed to, in principal a 1 year lease extension with the #Buffalo #Bills.
    -Bill
  • BLeonard
    BoB Sabermetrician
    • Jan 2003
    • 4625

    #2
    Re: Bills/Erie County Agree In Principle on 1 Year Lease Extension

    Dunno why, but my Spidey senses are tingling on this one... IMO, something's going on here....

    -Bill

    Comment

    • gonzo1105
      Registered User
      • Jul 2002
      • 776

      #3
      Re: Bills/Erie County Agree In Principle on 1 Year Lease Extension

      I just read somewhere that if the Bills didn't get a new lease they would have missed the deadline for nfl stadium funding. This is probably why they agreed on a 1 year deal and will continue trying to hammer out a long term deal. I wouldn't worry that the Bills are being primed to be sold or relocated.

      - - - Updated - - -

      I just read somewhere that if the Bills didn't get a new lease they would have missed the deadline for nfl stadium funding. This is probably why they agreed on a 1 year deal and will continue trying to hammer out a long term deal. I wouldn't worry that the Bills are being primed to be sold or relocated.

      Comment

      • HAMMER
        I'm right, Miyagi is wrong.
        • Jul 2003
        • 8132

        #4
        Re: Bills/Erie County Agree In Principle on 1 Year Lease Extension

        Originally posted by gonzo1105 View Post
        I just read somewhere that if the Bills didn't get a new lease they would have missed the deadline for nfl stadium funding. This is probably why they agreed on a 1 year deal and will continue trying to hammer out a long term deal. I wouldn't worry that the Bills are being primed to be sold or relocated.

        - - - Updated - - -

        I just read somewhere that if the Bills didn't get a new lease they would have missed the deadline for nfl stadium funding. This is probably why they agreed on a 1 year deal and will continue trying to hammer out a long term deal. I wouldn't worry that the Bills are being primed to be sold or relocated.
        This is not good at all. The fact that Ralph's health seems to be declining and the Bills do not have a long term lease in place is a bad, bad combination. All bets are off when he dies, spare me the Jim Kelly and his "Backers" BS because that is what it amounts to. The highest bidder will get the Bills, the highest bidder will seek the market that will provide the highest return on their investment. That market is NOT Buffalo. Pretty soon I will have no football team to root for if Buffalo leaves and the Chargers leave. I have no idea what I would do besides cry. Two great football cities with oodles of tradition are looking like they won't have teams for long.

        Comment

        • DraftBoy
          Administrator
          • Jul 2002
          • 107452

          #5
          Re: Bills/Erie County Agree In Principle on 1 Year Lease Extension

          So they are operating just like the US congress and President over a budget, by essentially agreeing to a continuing resolution.
          COMING SOON...
          Originally posted by Dr.Lecter
          We were both drunk and Hillary did not look that bad at 2 AM, I swear!!!!!!

          Comment

          • gebobs
            One Bills Drive, Georgia - 871 miles south of Orchard Park
            • Sep 2003
            • 11520

            #6
            Re: Bills/Erie County Agree In Principle on 1 Year Lease Extension

            I guess the asking price for the franchise is higher than the market will bear.
            Lehner's history. He just doesn't know it yet.

            Comment

            • TacklingDummy
              Unreachable Douche
              • Jul 2002
              • 71725

              #7
              Re: Bills/Erie County Agree In Principle on 1 Year Lease Extension

              Originally posted by BLeonard View Post
              Dunno why, but my Spidey senses are tingling on this one... IMO, something's going on here....

              -Bill
              If Wilson dies they dont want the next owner to be tied into a long lease.

              NY State should hold off releasing any of the $84 million they were to spend to keep the Bills in Buffalo until a long term lease is signed.
              Last edited by TacklingDummy; 09-12-2012, 01:01 PM.

              Comment

              • BLeonard
                BoB Sabermetrician
                • Jan 2003
                • 4625

                #8
                Re: Bills/Erie County Agree In Principle on 1 Year Lease Extension

                Originally posted by TacklingDummy View Post
                If Wilson dies they dont want the next owner to be tied into a long lease.

                NY State should hold off releasing any of the $84 million they were to spend to keep the Bills in Buffalo until a long term lease is signed.
                Possibly... But I dunno why Erie County and NYS would care about the new owner being ties to a new lease... Dunno why current Bills execs would care, either... Chances are, new ownership will bring in it's own execs.

                It could also be because they (NYS and Erie County) might be starting to realize that, in order to stay in WNY, the Bills will need a new stadium. At best, a new lease on RWS is only going to be for 10 years or so...

                If they (again, NYS and Erie County) are going to put hundreds of millions of dollars to keep the Bills in WNY, why not work on a new stadium and keep them here for 30 or so years, instead of going through the same stuff again in 10 years?

                With a new stadium, the Bills would be able to take even greater advantage of the NFL's G-4 loan program.

                -Bill
                Last edited by BLeonard; 09-12-2012, 01:38 PM.

                Comment

                • gebobs
                  One Bills Drive, Georgia - 871 miles south of Orchard Park
                  • Sep 2003
                  • 11520

                  #9
                  Re: Bills/Erie County Agree In Principle on 1 Year Lease Extension

                  Originally posted by BLeonard View Post
                  Possibly... But I dunno why Erie County and NYS would care about the new owner being ties to a new lease...
                  They don't.

                  Dunno why current Bills execs would care, either
                  Because they get paid by the current owner whose family would stand to lose a ton of cabbage if the franchise is saddled with a long-term lease.

                  With a new stadium, the Bills would be able to take even greater advantage of the NFL's G-4 loan program.
                  Wazzat?



                  Oh!
                  Last edited by gebobs; 09-12-2012, 01:50 PM.
                  Lehner's history. He just doesn't know it yet.

                  Comment

                  • BLeonard
                    BoB Sabermetrician
                    • Jan 2003
                    • 4625

                    #10
                    Re: Bills/Erie County Agree In Principle on 1 Year Lease Extension

                    Originally posted by gebobs View Post
                    Because they get paid by the current owner whose family would stand to lose a ton of cabbage if the franchise is saddled with a long-term lease.
                    I highly doubt a long-term lease would affect the current paychecks of the current Bills execs...

                    Like I said, chances are, when a new owner (or ownership group) takes over, they're going to bring their own execs in and the current Bills execs will be looking for work elsewhere, anyway.

                    This thread, which I posted earlier, is also relevant to the conversation: http://www.billszone.com/fanzone/sho...-talks-stalled

                    The Bills say the lease talks have stalled, while the Lt. Governor says otherwise:

                    Lt. Gov. Robert Duffy disputed claims that negotiations have stalled, saying state representatives have been in constant negotiations with the team and local government for the last several months.

                    "Let's set the record straight: the governor and this administration are actively negotiating in good faith with the Bills," Duffy said in a released statement.

                    "Keeping the Bills in Buffalo is critically important to the state and the region. And this administration is committed to doing everything we can to ensure that the Bills remain in western New York," Duffy said. "If taxpayers are going to be asked for substantial financial support for stadium improvements, they must be assured of a long term commitment by the Bills to stay in Buffalo regardless of future ownership."
                    If the Bills are indeed committed to keeping the team in WNY, as they say they are, there's no reason that the bolded statement should be an issue to them. With inflation, stalling, even for a year, is only going to raise the final price tag, regardless if the renovate RWS, or look to build a new stadium.

                    -Bill

                    Comment

                    • Night Train
                      Retired - On Several Levels
                      • Jul 2005
                      • 33117

                      #11
                      Re: Bills/Erie County Agree In Principle on 1 Year Lease Extension

                      OMG ! Twitter lied ! No deal in place.

                      We're moving and doomed. Everything and everyone sucks.

                      Anonymity is an abused privilege, abused most by people who mistake vitriol for wisdom and cynicism for wit

                      Comment

                      • BLeonard
                        BoB Sabermetrician
                        • Jan 2003
                        • 4625

                        #12
                        Re: Bills/Erie County Agree In Principle on 1 Year Lease Extension

                        Originally posted by Night Train View Post
                        OMG ! Twitter lied ! No deal in place.

                        We're moving and doomed. Everything and everyone sucks.

                        http://www.buffalonews.com/apps/pbcs...120919682/1002
                        *Sigh*

                        I see some of us are having trouble reading today...

                        Let's try this again:

                        Erie Co. Exec. says he has agreed to, in principal a 1 year lease extension with the #Buffalo #Bills.
                        -Bill

                        Comment

                        • MitchMurrayDowntown
                          Skoobasaurus-Rex
                          • Oct 2011
                          • 22284

                          #13
                          Re: Bills/Erie County Agree In Principle on 1 Year Lease Extension

                          Yeah, this reeks of near term future issues.

                          Comment

                          • gebobs
                            One Bills Drive, Georgia - 871 miles south of Orchard Park
                            • Sep 2003
                            • 11520

                            #14
                            Re: Bills/Erie County Agree In Principle on 1 Year Lease Extension

                            Originally posted by BLeonard View Post
                            I highly doubt a long-term lease would affect the current paychecks of the current Bills execs...

                            Like I said, chances are, when a new owner (or ownership group) takes over, they're going to bring their own execs in and the current Bills execs will be looking for work elsewhere, anyway.
                            A long-term lease can do nothing but decrease the value of the franchise. Unless Wilson is planning on selling the team to a buyer committed to WNY and resigned to the fact that his heirs won't net as much from the sale, why would he want to do that?

                            If the Bills are indeed committed to keeping the team in WNY, as they say they are, there's no reason that the bolded statement should be an issue to them.
                            I agree completely, but talk is cheap. I don't think anyone is sure that they are thus committed. I hope to hell they are. Wilson stands to make a tidy capital gain either way. My fantasy he wills the team to the city after strong-arming the NFL into giving the franchise similar status to Green Bay.
                            Last edited by gebobs; 09-12-2012, 04:09 PM.
                            Lehner's history. He just doesn't know it yet.

                            Comment

                            • X-Era
                              What this generation tolerates, the next generation will embrace
                              • Feb 2005
                              • 27670

                              #15
                              Re: Bills/Erie County Agree In Principle on 1 Year Lease Extension

                              If you thought the Bills were moving, this helps you make your case.

                              If you thought the Bills were staying, this helps you make your case.

                              Comment

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