Packers Bring In $408.7M In Record Revenue Broadcast Nets Dropped From Class-Action Suit Reyes Back To Mets After Suspension Padres' Seidler Part Of San Diego MLS Group Rams HQs On Schedule For August Completion Portland Thorns Thriving In NWSL Warriors Not In Need Of Drastic Changes Panel Wants To Reduce Funding For Vegas Stadium Predators' Freeman Sues Team, Fellow Owner Foley Shifts Focus To Hockey Operations
SBD/August 11, 2014/Franchises
Jim Kelly, Jeffrey Gundlach Look To Be Minority Partners In A Bid For The Bills
Published August 11, 2014
LOW BALL: FORBES' Mike Ozanian cited sources as saying that three groups have submitted bids of "less than" $1B for the Bills. Sources said that Donald Trump has offered in the mid-$800M range, while Sabres Owner Terry Pegula and Jon Bon Jovi's group have "both offered well under" $1B. The bid figures are an "embarrassment for the NFL" and Morgan Stanley. The investment bank "butchered the sales process and shame on the NFL" for handing them the deal (FORBES.com, 8/10).
STAYING PUT? In Buffalo, Zremski & Precious report the NFL is “stepping up its push" for a new Bills stadium in Western New York. League officials said that a new stadium there is “necessary to provide fans a better experience and to give the team and the league a shot of new revenue.” In a conversation last week with Gov. Andrew Cuomo and in other recent talks with Sen. Charles Schumer (D-N.Y.), Commissioner Roger Goodell “reiterated his contention that the NFL would like to see the Bills remain in Buffalo.” But Goodell told them that a new stadium “must be part of the mix.” A source said that Goodell “promoted the idea of a new Buffalo stadium again last week in a private phone call with Cuomo” (BUFFALO NEWS, 8/11).