SpikedLemonade
Well-known member
From the Tim Graham Q & A thread...
Who owns the Bills five years from now? Does Terry Pegula have a succession plan that prioritizes Buffalo over Austin? — Andrew G.
The Pegula family will own the Bills five years from now and probably for decades. His kids want the team, and the new stadium’s lease agreement will keep it there. But there are zero guarantees about the Bills staying in Western New York beyond that.
We’ve been forced to guess about a succession plan, especially with Pegula refusing to grant interviews or provide any germane insight.
Pegula had no qualms about accepting $850 million in public money to help build the stadium, $300 million (adjusted for inflation) from the state over 30 years for stadium upkeep or revenues he will collect directly from fans through personal seat licenses.
Pegula hasn’t felt compelled to discuss those transactions with the public. He has not answered questions in a news conference of any kind since naming Kevyn Adams the Sabres’ general manager in June 2020 and hasn’t answered Bills questions since the NFL owners meetings in March 2019.
Granted, anxiety over his wife’s medical condition has played a part in Pegula’s aversion to sitting for an interview. She suffered a debilitating cardiac arrest in June 2022. But the Bills’ official website posted a poignant video of Kim Pegula at training camp, so it appears the family is comfortable enough to acknowledge her health now.
But he still won’t address the public’s and the fans’ subsidies of his sports teams. Or explain from his own mouth why he didn’t want to build in the city or include a dome or why the PSLs are so expensive, for that matter.
---------------------------------------------------------------------------------------------
I have been saying for years that Terry Pegula is NO hero to the City of Buffalo and Buffalo Bills fans.
Who owns the Bills five years from now? Does Terry Pegula have a succession plan that prioritizes Buffalo over Austin? — Andrew G.
The Pegula family will own the Bills five years from now and probably for decades. His kids want the team, and the new stadium’s lease agreement will keep it there. But there are zero guarantees about the Bills staying in Western New York beyond that.
We’ve been forced to guess about a succession plan, especially with Pegula refusing to grant interviews or provide any germane insight.
Pegula had no qualms about accepting $850 million in public money to help build the stadium, $300 million (adjusted for inflation) from the state over 30 years for stadium upkeep or revenues he will collect directly from fans through personal seat licenses.
Pegula hasn’t felt compelled to discuss those transactions with the public. He has not answered questions in a news conference of any kind since naming Kevyn Adams the Sabres’ general manager in June 2020 and hasn’t answered Bills questions since the NFL owners meetings in March 2019.
Granted, anxiety over his wife’s medical condition has played a part in Pegula’s aversion to sitting for an interview. She suffered a debilitating cardiac arrest in June 2022. But the Bills’ official website posted a poignant video of Kim Pegula at training camp, so it appears the family is comfortable enough to acknowledge her health now.
But he still won’t address the public’s and the fans’ subsidies of his sports teams. Or explain from his own mouth why he didn’t want to build in the city or include a dome or why the PSLs are so expensive, for that matter.
Please, respect Terry Pegula’s privacy at this difficult time of harvesting your money.
---------------------------------------------------------------------------------------------
I have been saying for years that Terry Pegula is NO hero to the City of Buffalo and Buffalo Bills fans.
