Bon Jovi is a group based in Toronto is expected to bid for the Bills with the intention of eventually moving the team north of the border to become the first Canadian franchise in the NFL according to the Toronto Sun
However, the Bills lease with Erie County does not allow the team to move at least until 2020.
Second only to Los Angeles, Toronto is the second largest in North America without an NFL team city has been home to a Bills game every year since 2008. However, attendance at the Bills games in Toronto has declined in recent years and the series will not be played in 2014.
Donald Trump has also thrown his name into the mix and insists that he will “give a heavy shot “for the purchase of the bills according to the Buffalo News.
Trump, the former owner of the New Jersey Generals of the now-defunct USFL, also makes it clear that he would keep the team in Buffalo since that will make it more convenient for him, living in New York.
With a net worth reported $ 3.9 billion, Trump may be able to pay the price, probably approach $ 1.0 billion. Strict property of NFL owners requires groups include at least one person who owns at least 30 % of the team.
Unlike Trump, speculation is that Bon Jovi would not be able to pass the 30% rule, meaning that he would not be the majority owner.
NFL teams are among the most valuable major sports franchises in the world, with an average value of U.S. $ 1.1 million according to the latest ratings. The Bills are valued at $ 870 million.
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