BUFFALO, N.Y. (WIVB) – Jon Bon Jovi is no longer a part of the Toronto group bidding for the Buffalo Bills, according to the New York Post.
The other members – Larry Tanenbaum, chairman of Maple Leaf Sports & Entertainment, and Ed Rogers, chairman of Rogers Communications – remain in the bidding process for the team.
The paper reports the group feels they would be stronger without the rock star because he would be the principal owner and would have to put up 30 percent of the purchase price.
Because Bon Jovi is only worth $300 million, he wouldn’t be able to rival the amount Buffalo Sabres owner Terry Pegula could offer for the Bills.
Final bids are due next week.