ORCHARD PARK, N.Y. (WIVB) – Tuesday at 5 p.m. is the deadline for potential new owners of the Buffalo Bills to make their bids.
There is wide speculation over who could become the new owner of the team. Buffalo Sabres’ owner Terry Pegula, Donald Trump, Jon Bon Jovi, Scott Congel, Jeffrey Gundlach, and Tom Golisano have all shown interest. Those are just some of the potential bidders, but numbers are expected to reach double digits as more bidders come out of the woodwork.
Once all the initial bids are in, a bank hired by the Bills will take a look at the offers, and the process will move forward.
A source with knowledge of the process tells News 4 Sports that moving on to round two of the bidding shouldn’t take long, possibly only a week or two.
The main focus through this whole process has been keeping the Bills in Buffalo.
Last month former Sabres owner Tom Golisano talked about how he would do what he could to keep the team here.
Golisano said, “I think it’s a very valuable asset to western New York, and I’m going to do anything within reason, to see that it stays here. Reasonable is in the eye of the viewer. When the book comes out, people will know what’s reasonable and what’s not. Hopefully.”