Report: Investor Jeffrey Gundlach interested in buying Buffalo Bills

Thursday July 10th, 2014

Bond investor Jeffrey Gundlach has expressed interest in purchasing the Buffalo BillsThe Buffalo News reports.

Three years ago, Gundlach had also disclosed that interest, but ultimately bowed out because he did not have the necessary funds to make the purchase. Now, Gundlach is worth significantly more money, and along with expressing interest in buying the team, he's reportedly reached out to Bills quarterback legend Jim Kelly about forming an ownership group.

Gundlach is from Buffalo, and previously said he wanted to make sure the team stays in Western New York.

Gundlach, via Pro Football Talk:

“I think it would be a tragedy to have the Bills go to some random city and be called, you know, the L.A. Multitude or whatever the hell they’d call it,” Gundlach said. “I want them to be the Buffalo Bills. I want Buffalo to receive a championship one of these days.”

The team is currently owned by the Ralph Wilson family. Wilson purchased the Bills in 1959 and owned the team until his March 25, 2014 death. His widow, Mary Wilson, announced she intended to sell the team.

RELATED: Bills offseason report cardKelly attends football camp in midst of cancer recovery

Others who have shown interest in acquiring the team include former Buffalo Sabres owner Tom Gollisano, Donald Trump and a group that includes singer Jon Bon Jovi and Toronto Maple Leafs president Larry Tanenbaum.

- Sarah Barshop

SI Apps
We've Got Apps Too
Get expert analysis, unrivaled access, and the award-winning storytelling only SI can provide—from Peter King, Tom Verducci, Lee Jenkins, Andy Staples, Grant Wahl, and more—delivered straight to you, along with up-to-the-minute news and live scores.