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Forums :: Blog World :: Michael Pachla: Sabres owner puts the hammerlock on other bidders for Bills
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Michael Pachla
Buffalo Sabres
Location: solid!!!
Joined: 09.05.2007

Jul 31 @ 9:09 AM ET
Michael Pachla: Sabres owner puts the hammerlock on other bidders for Bills
buffalofan19
Buffalo Sabres
Location: Wonderful things can happen when you sow seeds of distrust in a garden full of (bum)holes
Joined: 07.01.2007

Jul 31 @ 9:10 AM ET
http://www.buffalonews.co...l-refuse-to-lose-20140730

Even Bucky Gleason seems to have done a 180 on how Pegula and his people treated "poor Patty" a couple of months ago.
Michael Pachla
Buffalo Sabres
Location: solid!!!
Joined: 09.05.2007

Jul 31 @ 9:22 AM ET
http://www.buffalonews.com/sports/bills-nfl/in-chase-for-the-bills-terry-pegula-is-the-quiet-bidder-who-will-refuse-to-lose-20140730

Even Bucky Gleason seems to have done a 180 on how Pegula and his people treated "poor Patty" a couple of months ago.

- buffalofan19


thx for the link...didn't realize that Pegula was after the bills all along...if what gleason's saying is accurate
SABRES 89
Season Ticket Holder
Buffalo Sabres
Location: I'm very Happy to be here. Las Vegas Via Buffalo N.Y.
Joined: 02.17.2007

Jul 31 @ 9:23 AM ET
Bon Jovi............. you mean Jamie Lee Curtis.





Bon Jovi sucked in the 80's as they do now.
Michael Pachla
Buffalo Sabres
Location: solid!!!
Joined: 09.05.2007

Jul 31 @ 9:25 AM ET
Bon Jovi............. you mean Jamie Lee Curtis.





Bon Jovi sucked in the 80's as they do now.

- SABRES 89



well put
Old Pappy
Toronto Maple Leafs
Joined: 07.06.2006

Jul 31 @ 9:26 AM ET
What are the NFL rules regarding ownership of more than one franchise?
jzabawaj
Buffalo Sabres
Location: $12 million is too much, NY
Joined: 06.24.2008

Jul 31 @ 9:29 AM ET
What are the NFL rules regarding ownership of more than one franchise?
- Old Pappy

As long as they're in the same area, there is no problem
buffalofan19
Buffalo Sabres
Location: Wonderful things can happen when you sow seeds of distrust in a garden full of (bum)holes
Joined: 07.01.2007

Jul 31 @ 9:32 AM ET
As long as they're in the same area, there is no problem
- jzabawaj



You can own also another team in a market without an NFL team as well. The only factor that is going to determine who wins between Pegula and Bon Jovi/"Football Canada" is money, plain and simple.
Atomic Wedgie
Toronto Maple Leafs
Location: The centre of the hockey universe
Joined: 07.31.2006

Jul 31 @ 9:33 AM ET
That being, when Pegula wants something he has the will and the financial wherewithal to go out and get it.
- Michael Pachla

Like Ville Leino?

Stranger things have happened, but I can't possibly see how the Bills could come to Toronto. Playing in the GTA would require a new stadium, and the federal and provincial governments are adamant that they will not kick in a dime to get that done. You may sucker an outlying municipality to kick in a little dough or perhaps some municipal tax breaks, but that isn't going to get it done.

So you are left with seat licenses and paying out of your own tight black rocker jeans to pay for it.

Sorry, but you are livin' on a prayer if you think that it makes financial sense to shell out $1.3 billion for an NFL team, and then be on the hook for building a new stadium with your own cash.

See you at the Ralph, my wing-eating friends.
jzabawaj
Buffalo Sabres
Location: $12 million is too much, NY
Joined: 06.24.2008

Jul 31 @ 9:35 AM ET
You can own also another team in a market without an NFL team as well. The only factor that is going to determine who wins between Pegula and Bon Jovi/"Football Canada" is money, plain and simple.
- buffalofan19

you are correct, but I took his question as Terry already owns the Sabres and what the NFL has to say about that.
buffalofan19
Buffalo Sabres
Location: Wonderful things can happen when you sow seeds of distrust in a garden full of (bum)holes
Joined: 07.01.2007

Jul 31 @ 9:37 AM ET
Like Ville Leino?

Stranger things have happened, but I can't possibly see how the Bills could come to Toronto. Playing in the GTA would require a new stadium, and the federal and provincial governments are adamant that they will not kick in a dime to get that done. You may sucker an outlying municipality to kick in a little dough or perhaps some municipal tax breaks, but that isn't going to get it done.

So you are left with seat licenses and paying out of your own tight black rocker jeans to pay for it.

Sorry, but you are livin' on a prayer if you think that it makes financial sense to shell out $1.3 billion for an NFL team, and then be on the hook for building a new stadium with your own cash.

See you at the Ralph, my wing-eating friends.

- Atomic Wedgie


The real obstacle to moving the Bills to Toronto is Buffalo's current lease. While Canadian governments have refused to kick in money to build a stadium, this Toronto group would have corporate backing (i.e. Rogers, and to some extent MLSE) that no NFL franchise has seen before. That could more than make up for the lack of government financing. Bon Jovi is there to be the face, nothing more. All the operations and funding outside the cash paid for the team itself is going to come from the two "non-human" entities in the group.
jzabawaj
Buffalo Sabres
Location: $12 million is too much, NY
Joined: 06.24.2008

Jul 31 @ 9:38 AM ET
Like Ville Leino?

Stranger things have happened, but I can't possibly see how the Bills could come to Toronto. Playing in the GTA would require a new stadium, and the federal and provincial governments are adamant that they will not kick in a dime to get that done. You may sucker an outlying municipality to kick in a little dough or perhaps some municipal tax breaks, but that isn't going to get it done.

So you are left with seat licenses and paying out of your own tight black rocker jeans to pay for it.

Sorry, but you are livin' on a prayer if you think that it makes financial sense to shell out $1.3 billion for an NFL team, and then be on the hook for building a new stadium with your own cash.

See you at the Ralph, my wing-eating friends.

- Atomic Wedgie

My Northwestern neighbors are always welcome
Michael Pachla
Buffalo Sabres
Location: solid!!!
Joined: 09.05.2007

Jul 31 @ 9:41 AM ET
Like Ville Leino?

Stranger things have happened, but I can't possibly see how the Bills could come to Toronto. Playing in the GTA would require a new stadium, and the federal and provincial governments are adamant that they will not kick in a dime to get that done. You may sucker an outlying municipality to kick in a little dough or perhaps some municipal tax breaks, but that isn't going to get it done.

So you are left with seat licenses and paying out of your own tight black rocker jeans to pay for it.

Sorry, but you are livin' on a prayer if you think that it makes financial sense to shell out $1.3 billion for an NFL team, and then be on the hook for building a new stadium with your own cash.

See you at the Ralph, my wing-eating friends.

- Atomic Wedgie


he really doesn't care about money...$1.3b doesn't even tap into his initial $3b net from east resources
jzabawaj
Buffalo Sabres
Location: $12 million is too much, NY
Joined: 06.24.2008

Jul 31 @ 9:44 AM ET
The real obstacle to moving the Bills to Toronto is Buffalo's current lease. While Canadian governments have refused to kick in money to build a stadium, this Toronto group would have corporate backing (i.e. Rogers, and to some extent MLSE) that no NFL franchise has seen before. That could more than make up for the lack of government financing. Bon Jovi is there to be the face, nothing more. All the operations and funding outside the cash paid for the team itself is going to come from the two "non-human" entities in the group.
- buffalofan19

Let’s play devil’s advocate
$1.3B to buy the Bills
$400M to break the lease
$1B for new stadium in TO
I also believe there is a relocation fee that JBJ group would have to pay the other 31 NFL owners. Someone correct me if I’m wrong
This all equals, NOT HAPPENING! Thank you Mr. Terry Pegula
Thank you Mr. Ralph Wilson for never selling us out to a high bidder in the past. They're here to stay people

Edit: I've never been so happy to finish 6-10
buffalofan19
Buffalo Sabres
Location: Wonderful things can happen when you sow seeds of distrust in a garden full of (bum)holes
Joined: 07.01.2007

Jul 31 @ 9:49 AM ET
Let’s play devil’s advocate
$1.3B to buy the Bills
$400M to break the lease
$1B for new stadium in TO
I also believe there is a relocation fee that JBJ group would have to pay the other 31 NFL owners. Someone correct me if I’m wrong
This all equals, NOT HAPPENING! Thank you Mr. Terry Pegula
Thank you Mr. Ralph Wilson for never selling us out to a high bidder in the past. They're here to stay people

Edit: I've never been so happy to finish 6-10

- jzabawaj



If, and it's a big if, the NFL wants a team in Toronto, it will figure out a way to lessen the burden (i.e. discount the relocation fee). They also could wait until the lease is over with. If the Toronto group does end up buying the team, the Bills will still be here for the next decade. It's after that which becomes unknown.
mhp
Buffalo Sabres
Location: PROUD MEMBER OF RED SOX NATION SINCE 1975!!!! , SD
Joined: 01.14.2008

Jul 31 @ 9:52 AM ET
I'm not quite sure how I would feel if Pegula owned both the Bills and the Sabres. For many years there was this separation between ownership of both teams, Wilson on one end and the Knox brothers on the other. Both teams had their own identity from that standpoint. It would just seem kinda odd that one guy will own both.
Michael Pachla
Buffalo Sabres
Location: solid!!!
Joined: 09.05.2007

Jul 31 @ 9:53 AM ET
If, and it's a big if, the NFL wants a team in Toronto, it will figure out a way to lessen the burden (i.e. discount the relocation fee). They also could wait until the lease is over with. If the Toronto group does end up buying the team, the Bills will still be here for the next decade. It's after that which becomes unknown.
- buffalofan19

I have the feeling that Pegula will not be outbid
buffalofan19
Buffalo Sabres
Location: Wonderful things can happen when you sow seeds of distrust in a garden full of (bum)holes
Joined: 07.01.2007

Jul 31 @ 9:56 AM ET
I have the feeling that Pegula will not be outbid
- Michael Pachla



I do as well, but I also think that the Toronto Group structured itself the way it did for a reason, knowing that the landscape in Canada is different than in the United States.

I think Pegula will win this thing. I also think that the Toronto folks won't go down with out a fight, either.
eichiefs9
New York Islanders
Location: NY
Joined: 11.03.2008

Jul 31 @ 9:57 AM ET
he really doesn't care about money...$1.3b doesn't even tap into his initial $3b net from east resources
- Michael Pachla

Free money!
jzabawaj
Buffalo Sabres
Location: $12 million is too much, NY
Joined: 06.24.2008

Jul 31 @ 9:59 AM ET
If, and it's a big if, the NFL wants a team in Toronto, it will figure out a way to lessen the burden (i.e. discount the relocation fee). They also could wait until the lease is over with. If the Toronto group does end up buying the team, the Bills will still be here for the next decade. It's after that which becomes unknown.
- buffalofan19

I believe the NFL will eventually be in Toronto, it just won't be the Bills. If this does happen the Toronto franchise will have to pay Terry money to come into his neighborhood. We’re not talking chump change either. There is some of his money back right there, not that he needs it.
Ryan Wilson
Pittsburgh Penguins
Location: Rochester, NY
Joined: 06.13.2013

Jul 31 @ 9:59 AM ET
Pretty great news, I hope he uses his private funds to invest in the new stadium as well (preferably downtown).

I would model it after Seattle's great design. Get the skyline in the background.
Michael Pachla
Buffalo Sabres
Location: solid!!!
Joined: 09.05.2007

Jul 31 @ 9:59 AM ET
Free money!
- eichiefs9

that's what the nfl owners scream every year, right?
buffalofan19
Buffalo Sabres
Location: Wonderful things can happen when you sow seeds of distrust in a garden full of (bum)holes
Joined: 07.01.2007

Jul 31 @ 10:00 AM ET
Pretty great news, I hope he uses his private funds to invest in the new stadium as well (preferably downtown).

I would model it after Seattle's great design. Get the skyline in the background.

- Ryan_Wilson



What skyline?

I kid, I kid.
Michael Pachla
Buffalo Sabres
Location: solid!!!
Joined: 09.05.2007

Jul 31 @ 10:00 AM ET
I believe the NFL will eventually be in Toronto, it just won't be the Bills. If this does happen the Toronto franchise will have to pay Terry money to come into his neighborhood. We’re not talking chump change either. There is some of his money back right there, not that he needs it.
- jzabawaj

yup...great point
ImThatGuy
Buffalo Sabres
Location: I AM MY OWN DAMN SOURCE!, NY
Joined: 11.04.2010

Jul 31 @ 10:03 AM ET
thx for the link...didn't realize that Pegula was after the bills all along...if what gleason's saying is accurate
- Michael Pachla


He is after the Bills because the NFL is a money making machine. Each team gets around $130MM on TV deals alone.

Add in revenue sharing and sponsorships and you are rolling in the big bucks!
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