Local billionaire, Terry Pegula, just purchased the Buffalo Bills. He spent a reported $1.1 billion. Terry Pegula also owns the Buffalo Sabres, our NHL team. The other bidders to buy the Bills were Donald Trump and the Jon Bon Jovi Group. If The Donald had bought the Bills, he would have moved them to Los Angeles. If the Jon Bon Jovi Group–which was basically Canadian money interests–bought the Bills, they would have moved the team to Toronto.
With Terry Pegula and his wife Kim in charge now, the Buffalo Bills will be here for a generation. The headline on the front page of our local newsper, Buffalo News, said it all: THANKS A BILLION!
Well, it’s a start. Let’s see where they go from here. The odds are in favor of an upgrade over the last decades of the Wilson era, right?
Let’s hope so anyway.
Jeff, Ralph Wilson died earlier this year at the age of 95. He was the only owner of the Bills for over 50 years. But, as you suspect, Ralph was out-of-touch for the last 15 years or so.
I hope this means an infusion of cash for the team and it’s facilities, but he owns several other teams, so who knows. His wife is foxy.
Rick, Terry Pegula will be ranked as the 5th richest NFL owner when the other owners vote on the sale of the Bills in October. His next worth is around $5 billion. He made his money in oil and natural gas.
Purely coincidence that the image you choose shows a Seahawks runner being tackled by several Bills, I suppose? 🙂
Rick, I wondered if you’d notice!
Five Bills needed to tackle one Seahawk. Sounds about right.
Rick, the Bills specialize in gang tackling.