Woodman
07-31-2014, 02:00 PM
For the sake of theater, they should meet in a barn and let the drama unfold like it did back in the old days. Imagine Donald Trump decked out in a $5,000 suit and his hair combed over, Jon Bon Jovi showing up with his groupies, and Terry Pegula sitting quietly with a piece of grass in his teeth.
Ideally, we would conduct the sale of the Buffalo Bills without confidentiality agreements, lawyers and prepared statements from politicians. We would call auctioneer Cash Cunningham to oversee the process while the rest of us kicked back and enjoyed the show.
This is a charade, anyway, so let’s do it right.
The only unknown is how high the price will climb before bidders eventually shake their heads and slip out the back door. Pegula will be the last man standing when all is said and done. For better or worse, he will be the Bills’ next owner because his desire to own them runs as deep as his pockets.
In situations like this, while Morgan Stanley sifts through preliminary bids and the community speculates about the outcome, it’s wise to embrace common sense. It should not be confused with financial sense. In fact, it could be quite the opposite once all the commas and zeroes are added up on the final price.
But that will be his problem.Nearly every major variable in this equation leans toward Pegula in his quest to become an NFL owner. He’s prepared to pay considerably more than the small-market franchise is worth, which should satisfy Ralph Wilson’s estate. Plus, he has close ties to the community and will keep the team in Buffalo.
In other words, he’s willing to spend big money, stupid money, because he can. Bills Nation will rejoice until the euphoria fades and is replaced by the sobering realities of owning an NFL team. Buffalo fans, not to mention NFL owners, can only hope he learned from his dress rehearsal with the Sabres.
http://www.buffalonews.com/sports/bills-nfl/in-chase-for-the-bills-terry-pegula-is-the-quiet-bidder-who-will-refuse-to-lose-20140730?two-bills-drive
Go Terry Go!
Ideally, we would conduct the sale of the Buffalo Bills without confidentiality agreements, lawyers and prepared statements from politicians. We would call auctioneer Cash Cunningham to oversee the process while the rest of us kicked back and enjoyed the show.
This is a charade, anyway, so let’s do it right.
The only unknown is how high the price will climb before bidders eventually shake their heads and slip out the back door. Pegula will be the last man standing when all is said and done. For better or worse, he will be the Bills’ next owner because his desire to own them runs as deep as his pockets.
In situations like this, while Morgan Stanley sifts through preliminary bids and the community speculates about the outcome, it’s wise to embrace common sense. It should not be confused with financial sense. In fact, it could be quite the opposite once all the commas and zeroes are added up on the final price.
But that will be his problem.Nearly every major variable in this equation leans toward Pegula in his quest to become an NFL owner. He’s prepared to pay considerably more than the small-market franchise is worth, which should satisfy Ralph Wilson’s estate. Plus, he has close ties to the community and will keep the team in Buffalo.
In other words, he’s willing to spend big money, stupid money, because he can. Bills Nation will rejoice until the euphoria fades and is replaced by the sobering realities of owning an NFL team. Buffalo fans, not to mention NFL owners, can only hope he learned from his dress rehearsal with the Sabres.
http://www.buffalonews.com/sports/bills-nfl/in-chase-for-the-bills-terry-pegula-is-the-quiet-bidder-who-will-refuse-to-lose-20140730?two-bills-drive
Go Terry Go!