Report: Sabres owner Terry Pegula makes bid for Buffalo Bills
Buffalo Sabres owner Terry Pegula made an offer to buy the Buffalo Bills, Tim Graham of The Buffalo News confirmed on Tuesday.
Pegula, 63, is one of several prospective buyers who made a non-binding offer before yesterday's deadline. The Bills are being sold following the death of longtime owner Ralph Wilson.
Pro Hockey Talk reports Pegula has already spent big money in sports outside of the NHL.
A Penn State alumnus, Pegula donated $100 million to construct an on-campus facility — the Pegula Ice Arena — which opened in 2013 and currently houses the Nittany Lions’ hockey team.
Musician Jon Bon Jovi is also reportedly interested in purchasing the team. Buffalo fans are wary that Bon Jovi might relocate the team if he buys it. Former Bills receiver Andre Reed spoke out against Bon Jovi in this week's New York Magazine.
Groups that made a bid by yesterday's deadline will be evaluated by the Bills' trust before a new owner is selected.
- Paul Palladino