ORCHARD PARK, N.Y. (AP) — Buffalo Bills owners Terry and Kim Pegula are exploring the possibility of selling a non-controlling, minority interest in the franchise, the team announced on Friday. A person with knowledge of the decision told The Associated Press the stake in the team the Pegulas would be preparing to sell would be about 25%. The person spoke on condition of anonymity because that detail was not announced by the team. It was first reported by The Athletic. The Bills announced the Pegulas have hired Allen & Company to oversee the process, while stressing no sale would take place without the Pegulas maintaining a controlling interest in the franchise. The Bills also announced the sale is limited only to the Bills, and not any of the Pegulas’ other holdings, which include the NHL Buffalo Sabres, the American Hockey League Rochester Americans and National Lacrosse League franchises in Buffalo and Rochester. |
Ukraine, Israel aid bill on track as House pushes toward votesA man gets 19 years for a downtown St. Louis crash that cost a teen volleyball player her legsShe means business! Rita Ora steps out in chic tailored threeTaylor Swift teases Fortnight's blackCalifornia court to weigh in on fight over transgender ballot measure proposal languageEric Bana gets animated during AFL game between the St Kilda Saints and the Western BulldogsAshanti and Nelly's relationship timeline: A look at the couple's onBeijing Half Marathon champion has medal taken away after other runners slowed down to let him winAmerican Express profits jump 34%, helped by jump in new customers, higher spendingKarlie Kloss exudes confidence in a bold red midaxi dress as she attends star