Wedge
Hall of Famer
Posts: 19,862
Joined: May 2010
Reputation: 964
I Root For: California
Location: IV, V, VI, IX
|
RE: Buffalo Bills moving to Austin, TX?????
(08-03-2021 05:06 PM)DawgNBama Wrote: I honestly think that the Pegulas should abandon Austin as a threat. In fact, again, IMHO, I think the Pegulas should use an incentive for the people of Buffalo: want to make sure the Bills never move?? Help put up $1.5 billion for the team and receive partial ownership, ala' the Green Bay Packers!! I think that would be a much better approach for the Pegulas.
Sent from my moto g(7) power using Tapatalk
Forbes estimates the Bills are worth $2.05 billion.
If $1.5 billion is invested in exchange for partial ownership, and that $1.5 billion is added to the $2.05 billion valuation of what the Pegulas already own, then the people/city would own about 42% of the Bills franchise. (1.5 รท [1.5 + 2.05] = about 42.25%.)
That's pretty far from what the Pegulas are proposing, which is that the city invest $1.5 billion in exchange for 0.0% ownership.
|
|
08-03-2021 08:36 PM |
|