At a time when the newest potential buyer of the Bills made his money selling liquids, another potential buyer of the Bills is getting liquid.
According to the Tim Graham of the Buffalo News, Buffalo Sabres owner Terry Pegula has raised $1.75 billion via the sale of 75,000 acres of Utica and Marcellus Shale leases in West Virginia and Ohio.
“This does make him a much more formidable bidder if he chooses to move forward,” an unnamed sports acquisitions expert told Graham.
It’s unclear what it will take to get the Bills, from cash to a commitment to keep the team in Buffalo. Regardless, Pegula clearly has one of the key ingredients that it will require to make a competitive offer — cold, hard cash.