Roth: Pegula tops this list of potential Bills owners

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  • Woodman
    Legendary Zoner
    • Apr 2014
    • 65988

    Roth: Pegula tops this list of potential Bills owners

    Nobody can predict with certainly who the new owner of the Bills will be. But I can predict this: He'll be a billionaire, and he'll have overpaid for the team Forbes valued at $870 million because, to the delight of Wilson's heirs, a lot of powerful men with egos have entered the bidding war.

    Pegula's initial non-binding bid was reportedly for $1.3 billion and Trump's for $1 billion (cash). As buyers obtain more intimate details of the Bills' financial workings and meet face-to-face with a team representing Wilson's estate, it will soon be time to show their cards in the form of binding final bids. But even those are subject to being driven higher.

    And when the sale of the Bills breaks the record $1.1 billion paid for the Miami Dolphins in 2009, the NFL's other 31 owners will be thanking Ralph Wilson's family and ultimately the new guy, gal or grossly rich financial entity for instantly putting more value into all of their franchises.

    Here's ranking the Bills' owner candidates, either outed by the media or by themselves. (Trump and Bon Jovi apparently broke the non-disclosure agreement, like they care):



    GO TERRY GO!!

    Last edited by Woodman; 08-10-2014, 02:18 PM.

    “It breaks your heart when someone leaves and you don’t know why.”

    "It may be raining but there's a rainbow above you"


    Former President Donald Trump early Thursday touted the results of a new NPR/PBSNewsHour/Marist poll showing him ahead of President Joe Biden by 8 percentage points among independents.
  • SpikedLemonade
    • Jun 2024

    #2
    Re: Roth: Pegula tops this list of potential Bills owners

    Originally posted by Woodman View Post
    Pegula's initial non-binding bid was reportedly for $1.3 billion and Trump's for $1 billion (cash).
    We now know those amounts were wrongly grossly inflated.

    Comment

    • Woodman
      Legendary Zoner
      • Apr 2014
      • 65988

      #3
      Re: Roth: Pegula tops this list of potential Bills owners

      I believe the team sells over the 1.1 Billion mark.

      The final deal is all that matters, these early numbers that we hear make no difference and are no more than a starting point.

      “It breaks your heart when someone leaves and you don’t know why.”

      "It may be raining but there's a rainbow above you"


      Former President Donald Trump early Thursday touted the results of a new NPR/PBSNewsHour/Marist poll showing him ahead of President Joe Biden by 8 percentage points among independents.

      Comment

      • MitchMurrayDowntown
        Skoobasaurus-Rex
        • Oct 2011
        • 22284

        #4
        Re: Roth: Pegula tops this list of potential Bills owners

        Originally posted by SpikedLemonade View Post
        We now know those amounts were wrongly grossly inflated.
        No we don't, there's nothing concrete except that we have multiple conflicting reports.

        Comment

        • Novacane
          Registered User
          • Jul 2002
          • 42371

          #5
          Re: Roth: Pegula tops this list of potential Bills owners

          Originally posted by SpikedLemonade View Post
          We now know those amounts were wrongly grossly inflated.

          Depends on which source you choose to believe. The truth is usually somewhere in the middle.

          Comment

          • SpikedLemonade
            • Jun 2024

            #6
            Re: Roth: Pegula tops this list of potential Bills owners

            Tim Graham and the guy from Forbes are both saying the same thing now.

            Comment

            • MitchMurrayDowntown
              Skoobasaurus-Rex
              • Oct 2011
              • 22284

              #7
              Re: Roth: Pegula tops this list of potential Bills owners

              Originally posted by SpikedLemonade View Post
              Tim Graham and the guy from Forbes are both saying the same thing now.
              Why was JBJ offer too low & Trump's OK ?

              Comment

              • SpikedLemonade
                • Jun 2024

                #8
                Re: Roth: Pegula tops this list of potential Bills owners

                Originally posted by MitchMurrayDowntown View Post
                Why was JBJ offer too low & Trump's OK ?
                Perhaps JBLs first offer was even lower than Trump's $800M+ offer and they now increased it to $900M+.

                The JBL first offer (and second I believe) also needed better non-relocation assurances.

                Comment

                • Mace
                  Haha...yeah you think so ?
                  • Mar 2013
                  • 20315

                  #9
                  Re: Roth: Pegula tops this list of potential Bills owners

                  Originally posted by MitchMurrayDowntown View Post
                  Why was JBJ offer too low & Trump's OK ?
                  Can be a matter of simple cash. Pegula or Trump can write a check, the JBJ offer as far as everything I've read cannot just do so, they need offer tangible assets. The NFL also has requirements about how much percentage you need borrow to make price. JBJ is backed by corporations and people not necessarily flush with liquid money, Rodgers owns an awful lot that belongs to many people as a corporation.

                  I think that too is why Gundlach essentially applied to be a minority owner. They have low amounts of stable tangible assets unlike a Trump or Pegula, who could have shorted an initial no binding bid based on simple checking account balance, without including their ample tangible assets behind it.

                  Comment

                  • MitchMurrayDowntown
                    Skoobasaurus-Rex
                    • Oct 2011
                    • 22284

                    #10
                    Re: Roth: Pegula tops this list of potential Bills owners

                    Originally posted by Mace View Post
                    Can be a matter of simple cash. Pegula or Trump can write a check, the JBJ offer as far as everything I've read cannot just do so, they need offer tangible assets. The NFL also has requirements about how much percentage you need borrow to make price. JBJ is backed by corporations and people not necessarily flush with liquid money, Rodgers owns an awful lot that belongs to many people as a corporation.

                    I think that too is why Gundlach essentially applied to be a minority owner. They have low amounts of stable tangible assets unlike a Trump or Pegula, who could have shorted an initial no binding bid based on simple checking account balance, without including their ample tangible assets behind it.
                    Pegula is liquid for sure, anyone else I'm not sure.

                    Comment

                    • Don't Panic
                      All-Pro Zoner
                      • Dec 2005
                      • 4227

                      #11
                      Re: Roth: Pegula tops this list of potential Bills owners

                      Originally posted by Woodman View Post
                      I believe the team sells over the 1.1 Billion mark.
                      I agree. I'd call 1.2 billion the over/under mark if I was setting one. I think it will come in right at that point, maybe a touch less.

                      Comment

                      • DynaPaul
                        Registered User
                        • Sep 2003
                        • 7540

                        #12
                        Re: Roth: Pegula tops this list of potential Bills owners

                        Basically you're buying the Bills AND a new stadium.

                        Comment

                        • Jry44
                          Registered User
                          • Apr 2013
                          • 607

                          #13
                          Re: Roth: Pegula tops this list of potential Bills owners

                          Originally posted by SpikedLemonade View Post
                          We now know those amounts were wrongly grossly inflated.
                          The NY Times (or was it the post) , The Buffalo News, NBC, and now Forbes have all reported completely different numbers. How can we believe any of the reported numbers? All four are credible sources too. Part of me thinks these varying reports are intentional as these " sources" are using the media to create interest and drive up the bids.

                          What we do know is that after the initial reports of the Trump and Pegula bids came out, reports of the trust wanting more bids came out, and now all of a sudden Trump and Pegulas bids weren't high enough to scare other bidders away! It's all a big, maddening game. And all we can do is sit back and watch.

                          Comment

                          • better days
                            Registered User
                            • Jan 2010
                            • 22028

                            #14
                            Re: Roth: Pegula tops this list of potential Bills owners

                            Originally posted by SpikedLemonade View Post
                            Tim Graham and the guy from Forbes are both saying the same thing now.
                            Tim Graham & the guy from Forbes are both IDIOTS.

                            Comment

                            • Woodman
                              Legendary Zoner
                              • Apr 2014
                              • 65988

                              #15
                              Re: Roth: Pegula tops this list of potential Bills owners

                              Originally posted by better days View Post
                              Tim Graham & the guy from Forbes are both IDIOTS.
                              Somebody is wrong.

                              I agree with the numbers Don't Panic has predicted somewhere very near 1.2 Billion tad more or less.

                              “It breaks your heart when someone leaves and you don’t know why.”

                              "It may be raining but there's a rainbow above you"


                              Former President Donald Trump early Thursday touted the results of a new NPR/PBSNewsHour/Marist poll showing him ahead of President Joe Biden by 8 percentage points among independents.

                              Comment

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