According to WGRZ, Buffalo Sabres owner Terry Pegula is interested in buying the Buffalo Bills. With that news it’s pretty clear that Pegula is now the favorite to become the next owner of the Bills.
The reason that Pegula is the clear favorite isn’t what you think. No, it’s not due to the fact that Pegula that the company he founded in East Resources, Inc. sold 75,000 acres of land for $1.75 billion. Don’t get me wrong that does help his case, but what will clinch it for him is something much more simple.
What I’m talking about is the four members of the trust that was established when Ralph Wilson died. The four members are Mary Wilson, Jeff Littman, Mary Owen and Attorney Eugene Driker, which was first reported by All Sports WNY. Two of them are still employed by the Bills in Littman who’s the Bills CFO and Treasurer of the Ralph Wilson Equity Fund and Owen who’s the Vice President of Strategic Planning.
Seriously, who in their right mind is going to hand over ownership of the team to someone that is just going to turn around and fire them?
What’s going to happen is that the trust will find an owner who is going to keep the team here, won’t clean house and keep business as usual. That owner is clearly Pegula who demonstrated just that when he bought the Sabres as the only change he made then was the hiring of Ted Black as president since the position was vacated when ownership changed to his control.
People forget that Wilson, Littman and Owen have been a part of this community for many years and have established friends and relationships with others in the community. Many of their friends are also Bills fans as well. So, you’re telling me that they will just take the highest bidder and turn around to their friends, look them in the eye and say sorry after the next owner takes control and announce they are moving the team.
In the end what will happen is that Pegula will be sold the team and the Bills will then spin the announcement as a great day for WNY as the team is staying and its business as usual.