Jan 20, 2013; Buffalo, NY, USA; Buffalo Sabres Buffalo Sabres owner Terrence Pegula (center) meets with fans before the game against the Philadelphia Flyers at the First Niagara Center. Mandatory Credit: Kevin Hoffman-USA TODAY Sports

Buffalo Sabres owner supports Buffalo Bills staying in town

The Buffalo Sabres owners Terry and Kim Pegula have said that they hope the Buffalo Bills remain in town. They even went as far as to hint that they may place a bid on the team.

Terry Pegula has also received the non-disclosure agreement from the Bills; the next step in the process if they do indeed wish to make a bid.

A spokesman released the following statement on Friday:

“Terry and Kim Pegula have a deep commitment to Buffalo and Western New York. Their ownership of the Buffalo Sabres and Rochester Americans and the construction of HarborCenter are evidence of that fact. Like everyone else in this community, they have a strong desire to have the Buffalo Bills remain a centerpiece of this region. Accordingly, they have been following the developments involving the sale of the Bills. However, out of respect for the process being conducted by representatives of the Wilson Estate and the Bills, they will not be making any additional comments about the sale process.”

Other parties who have showed interest in buying the Bills are former Sabres owner B. Thomas Golisano, Donald Trump and Jon Bon Jovi. Bon Jovi even had a two hour lunch with NFL commissioner Roger Goodell on Thursday. A full list of potential buyers is unknown.

Hearing the celebrity names being thrown into the mix when a team is up for sale is a common occurrence, however the legitimacy of the statements are always under question. It is expected that the Bills will be sold for at least $1 billion.

“Financials of the NFL continue to improve, and I would expect the Bills to go for $1.2 billion, maybe $1.3 billion,” predicts Dan Kaplan of Sports Business Journal.

Only time will tell who the new owner will be, however the ball is definitely in motion to finalize a deal in the coming weeks.

Tags: Buffalo Bills

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