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.
Claire Danes carries umbrella for bundled
Iran hints it will build a NUKE if Netanyahu carries out a strike on its atomic sites
Chicago's response to migrant influx stirs longstanding frustrations among Black residents
Dubai rain: Emirates again halts local flight check
WNBA moving date of its preseason game in Canada to avoid potential conflict with NHL playoffs
Rivalries on tap with Barcelona
Two French schoolgirls aged six and 11 are stabbed by knifeman near their school
Ukraine, Israel aid bill on track as House pushes toward votes
Paige Spiranac says Masters viewing figures plunged 20% because 'fans are turned off' by LIV
Dutch soccer club Vitesse docked points and relegated during probe of Russian ties to Abramovich
Old mill where nursery rhyme Humpty Dumpty is said to have originated could be yours for £650,000