Jon Bon Jovi and Donald Trump have likely violated the non-disclosure letters they both signed before bidding for the Buffalo Bills. The penalties for confidentiality breaches are not listed in the agreement.
On Sunday, Bon Jovi wrote an open letter to Bills fans, entitled "Why We're Bidding on the Buffalo Bills."
The Buffalo News reportedly obtained a copy of the non-disclosure agreement distributed to interested buyers.
From The Buffalo News:
About 60 interested parties requested the non-disclosure agreement, a necessary first step to ensure confidentiality before reviewing the Bills' financial information and enter a bid. But only 15 or so signed and returned them because of language that experienced businessmen and attorneys describe as restrictive and onerous.
Donald Trump has also spoken publicly since he signed the agreement, Graham reports.
According to Graham, the penalties for confidentiality breaches are not listed in the agreement.
The Bills are for up for sale after owner Ralph Wilson died in March.
- Sarah Barshop