Terry Pegula “following the developments” of Bills sale

AP

The sale of the Buffalo Bills took another step forward this week when the team mailed non-disclosure agreements and “teaser” sale documents to prospective buyers.

The full list of potential buyers has not been revealed, but Buffalo Sabres owner Terry Pegula is believed to be among the bidders. Pegula and his wife released a statement through the Sabres on Friday saying that they want to see the Bills remain in Buffalo without offering any confirmation or details about their plans to make a play for the team.

“Terry and Kim Pegula have a deep commitment to Buffalo and Western New York. Their ownership of the Buffalo Sabres and Rochester Americans and the construction of HARBORCENTER are evidence of that fact,” the statement reads. “Like everyone else in this community, they have a strong desire to have the Buffalo Bills remain a centerpiece of this region. Accordingly, they have been following the developments involving the sale of the Bills. However, out of respect for the process being conducted by representatives of the Wilson Estate and the Bills, they will not be making any additional comments about the sale process.”

Pegula reportedly netted $1.75 billion via the sale of 75,000 acres of Utica and Marcellus Shale leases in West Virginia and Ohio earlier this year. That money would come in handy if he does move forward in pursuit of the Bills, although several other deep-pocketed possibilities have been kicked around as potential buyers since the death of Bills founder and owner Ralph Wilson.