Sale Process Set To Begin: The Bills announced today that they have hired Morgan Stanely as the investment bank firm and Proskauer Rose as the legal counsel. They are expected to begin contacting prospective buyers within the next 30 days. They will put together information for the possible buyers and vet them. They will then bring their findings to the trust.
Brandon On WGR: Russ Brandon was on WGR radio this morning and said he is always optimistic about the team's future in Western New York. It is his responsibility to make sure the team is viable in the area in the future. For the past 15 years they have been very successfully doing that off the field. Being in the room with the other owners the past 17 years has proven invaluable and he isn't surprise the support they have got which has a lot to do with the legacy left by Ralph Wilson. He re-iterated that counsel and the investment bank will be attained than the vetting process will begin on potential owners. He wouldn't get into numbers but said once again interest is high. The lease gave them a nice runway to come up with a long term solution to make it work in Western New York. Their focus at One Bills Drive is on the $130 Million renovation and not a new stadium at this time. He feels fans will be surprised how big the renovation is and how much it will significantly help the fan experience. He was not at liberty to discuss if the trust gives them leeway to take a lower bid from an ownership group that will keep the team in Western New York. He said the function of the new stadium working group is to look for the best solution moving forward and a new stadium may be necessary but a retrofit is also possible. He feels studies will let them know if a major retrofit is feasible for the long term viability of the team. He said a new stadum brings other issues like higher ticket prices and higher ticket points along with possible PSLs. He feels they have a very robust market in the triangle from Toronto through Buffalo to Rochester which makes them a rather large market.
Kelly Finishes Chemotherapy: Jim Kelly finished his last round of chemotherapy yesterday and now faces one more round of radiation. The completion of the chemo is a milestone and after the radiation is done they will have to wait a bit to see if it worked in getting rid of the cancer that spread to his sinuses. Our prayers continue to go out to the Bills great and his family.
Tuesday May 20, 2014
Ownership News: Despite not being on the agenda, the state of the Bills ownership situation has been a big topic at the owners meetings. Yesterday Jerry Jones created a buzz by glowing about Jon Bon Jovi and Toronto as a city to look at to expand the revenue of the league. Today the buzz was much better for the future of the Bills in Western New York. Giants owner John Mara said the majority of the owners are for keeping the Bills in Buffalo but a new stadium probably is needed. Falcons owner Arthur Blank and the Packers CEO echoed those comments. Tim Graham reported that sources say one of the Toronto groups is reconsidering bidding because it will be too tough to move to the team. NFL.com reporter Judy Battista said sources say whoever buys the team needs to be ready to keep the team in Buffalo long term. Russ Brandon said an investment bank should be named to oversee the sale within a few weeks perhaps as quickly as a few days. He did say the goal continues to be to keep the team in Western New York and the interest for buying the team is high.
Bills Sign Tryout WR: The three day rookie minicamp was good for one of the four tryout players as the Bills announced they have signed WR Caleb Holley. His signing puts the roster back up to the 90 man limit. The East Central University product was the best of the three wide receivers getting a look and Doug Marrone was pleased. Front Office Page.
Monday May 19, 2014
Rookie Camp Over: The Bills ended their three day rookie minicamp today and Doug Marrone was pleased with the teaching that went on. The team has one open roster spot and the coach indicated they may fill it with one of the four tryout players saying expect an announcement soon. The coach was impressed by Sammy Watkins work and dedication. He told the young players to go back home and rest before the start of organized team activities next Wednesday.
Rookie Camp Wraps: The Bills wrap their rookie minicamp with a practice this morning. They held their second workout yesterday afternoon. Sammy Watkins continues to look the part of the 4th overall draft pick while the three wide receiver tryout players struggled somewhat along with inaccurate throws from tryout QB Kenny Guiton.
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