Pegula selling part of the team

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  • kscdogbillsfan1221
    Registered User
    • Nov 2007
    • 5651

    Pegula selling part of the team

    The Bills confirmed the Pegulas have hired investment bankers about a potential sale of a non-controlling, minority interest.
    I came.
    I saw.
    I conquered.
  • Mad Max
    Fortes Fortuna Adiuvat
    • Mar 2003
    • 6698

    #2
    Re: Pegula selling part of the team

    What’s more interesting to me is that the new stadium cost went up from 1.4 to 2 billion (before any potential/probable cost over runs) WITHOUT a freaking dome?!

    Comment

    • YardRat
      Well, lookie here...
      • Dec 2004
      • 86146

      #3
      Re: Pegula selling part of the team

      Well, if the percentage gets to roughly 1/3 he probably will get back what he initially spent to buy it.
      YardRat Wall of Fame
      #56 DARRYL TALLEY
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      Comment

      • Woodman
        Legendary Zoner
        • Apr 2014
        • 65883

        #4
        Re: Pegula selling part of the team

        25%

        “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.

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        • Woodman
          Legendary Zoner
          • Apr 2014
          • 65883

          #5
          Re: Pegula selling part of the team

          Terry Pegula eventually could decide not to sell part of the Bills, but he is listening to offers to become a limited partner. The skyrocketing valuations of NFL teams and the estate taxes have made it difficult for sole ownership.

          “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

          • mightysimi
            Buckle me in on the highway of sin
            • Mar 2010
            • 6331

            #6
            Re: Pegula selling part of the team

            Lets pool our money!! We got this. Minority owners Billszone alumni!

            Comment

            • Historian
              2020-2023 AFC East Champions!
              • Dec 2002
              • 61707

              #7
              Re: Pegula selling part of the team

              Sell the Sabres first....

              Comment

              • Woodman
                Legendary Zoner
                • Apr 2014
                • 65883

                #8
                Re: Pegula selling part of the team

                The Sabres will be 1st.

                “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

                • Forward_Lateral
                  Registered User
                  • Mar 2004
                  • 29895

                  #9
                  Re: Pegula selling part of the team

                  Any worry of someone buying the Sabres and moving them?

                  Comment

                  • TheConsigliere
                    Registered User
                    • Aug 2022
                    • 2680

                    #10
                    Re: Pegula selling part of the team

                    Originally posted by Forward_Lateral View Post
                    Any worry of someone buying the Sabres and moving them?
                    Gary Betman who saved the Sabres when their Owner went BANKRUPT wants to buy the Sabres and move them to Arizona.

                    Comment

                    • Goobylal
                      Registered User
                      • Jan 2004
                      • 19366

                      #11
                      Re: Pegula selling part of the team

                      Originally posted by Mad Max View Post
                      What’s more interesting to me is that the new stadium cost went up from 1.4 to 2 billion (before any potential/probable cost over runs) WITHOUT a freaking dome?!
                      Can you imagine a downtown domed stadium? It would be $4B right now.

                      Comment

                      • Historian
                        2020-2023 AFC East Champions!
                        • Dec 2002
                        • 61707

                        #12
                        Re: Pegula selling part of the team

                        Rumor around here is, (and take this with a huge grain of salt) that these teams were Kim's folly, and that Terry could care less about them.

                        Since her incapacitation, she has not been able to be involved in the day to day, so he's become even more disengaged.

                        Spiked....you may now commence with your Korean waitress snark.

                        Comment

                        • daryls61
                          Registered User
                          • Jan 2013
                          • 291

                          #13
                          Re: Pegula selling part of the team

                          Originally posted by Historian View Post
                          Rumor around here is, (and take this with a huge grain of salt) that these teams were Kim's folly, and that Terry could care less about them.

                          Since her incapacitation, she has not been able to be involved in the day to day, so he's become even more disengaged.

                          Spiked....you may now commence with your Korean waitress snark.
                          This is true. I also heard the Knight Hawks are relocating?
                          The Things that unite us are far greater than the things that divide us. Just my 2 Cents.

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                          • sahlensguy
                            Registered User
                            • Mar 2015
                            • 13466

                            #14
                            Re: Pegula selling part of the team

                            We're lucky that mormons go to church on Sundays. Salt Lake would otherwise welcome the Bills with open arms.

                            Comment

                            • Goobylal
                              Registered User
                              • Jan 2004
                              • 19366

                              #15
                              Re: Pegula selling part of the team

                              Originally posted by Historian View Post
                              Rumor around here is, (and take this with a huge grain of salt) that these teams were Kim's folly, and that Terry could care less about them.

                              Since her incapacitation, she has not been able to be involved in the day to day, so he's become even more disengaged.

                              Spiked....you may now commence with your Korean waitress snark.
                              "Folly"? LOL! I'd love the "folly" of a $1.6B investment that turns into a $4.5B (and counting) cash cow. Especially with one team becoming a perennial title contender in the biggest sport in the country and several of the small league teams having won championships.

                              And while I believe that the Bills may have been Kim's doing, Terry was a huge hockey fan and lived in Buffalo. I do not for one second believe he wasn't the driving force behind buying the Sabres. But the grind of them not having made the playoffs under him is wearing on him.

                              Now with Kim basically out of the picture, I can see him wanting to downsize. I can believe that he would like to sell every team in its entirety except for the Bills so he can focus on that.

                              Comment

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