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Thread: Pegula selling part of the team

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    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?!

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    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.
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    Re: Pegula selling part of the team

    25%

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    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.

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    Re: Pegula selling part of the team

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

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    Re: Pegula selling part of the team

    Sell the Sabres first....

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    TheConsigliere (04-19-2024)

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    Re: Pegula selling part of the team

    The Sabres will be 1st.

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    Re: Pegula selling part of the team

    Any worry of someone buying the Sabres and moving them?

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    Re: Pegula selling part of the team

    Quote 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.

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    Re: Pegula selling part of the team

    Quote 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.

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    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.

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    Re: Pegula selling part of the team

    Quote 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?
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    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.

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    Re: Pegula selling part of the team

    Quote 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.

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    Re: Pegula selling part of the team

    Of course he is going to do this.

    There is no doubt that NFL owners are a greedy bunch of rich ****s.

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    Re: Pegula selling part of the team

    Quote Originally Posted by notacon View Post
    Of course he is going to do this.

    There is no doubt that NFL owners are a greedy bunch of rich ****s.
    Iím worried that itís less about greed and more that itís a succession plan. If/when he sells it who knows what will happen to the team?

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    Re: Pegula selling part of the team

    Quote 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?!
    Holy crap it's a 2 billion now?

    All this for a stadium that is pretty underwhelming TBH.

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