Monday, July 21, 2014
Bills' sale could fetch $1.1 billion
By Mike Rodak
PITTSFORD, N.Y. -- With several potential buyers lining up to bid on the Buffalo Bills, the price tag for the NFL's latest team to hit the market is coming into focus.
A league source tells ESPN's Sal Paolantonio that the sale is expected to fetch at least $1.1 billion when it is completed, which should be later this year.
Forbes valued the franchise at $870 million last year. That ranks 30th of 32 NFL teams, according to the publication.
As for whether a new ownership would consider relocating the team, Paolantonio was firm that would not happen.
"I don't think the team's moving," he told WGR 550 on Monday. "I would stake my professional reputation on it. I think people in ownership want to see the team stay here. I think they want to continue the legacy of Ralph Wilson. I think Roger Goodell is convinced."