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Bon Jovi’s bid continues to face scrutiny over relocation concerns

Bon Jovi Getty Images

It’s too bad Bon Jovi never did a baseball song, because this would be an appropriate time to quote a lyric that mentions strike three.

The first two have come via a pair of efforts to submit non-binding bids deemed to be insufficient by the folks responsible for selling the Buffalo Bills.  The initial attempt was rejected due to concerns regarding the amount of money offered and the lack of assurances the team wouldn’t move.  According to John Kryk of the Toronto Sun, the second bid resulted in another request to clarify its supposed non-relocation intentions.

The news comes at a time when the Bills process has been muddied by a moving-target bid process that apparently yielded only three offers by the initial July 29 deadline.

“”We’re in weirdo world at this point,” a source close to the process told Kryk.

It’s hard to disagree.  The effort to concoct a convoluted dot-connecting process aimed at organically generating leverage hasn’t worked.  The far better approach would be to park a For Sale sign in front of the team facility, and to identify an asking price and other preferred terms.

If, alternatively, the sale process is going to be an auction, then hold a true auction.  A hybrid process aimed undoubtedly at creating an auction-style sense of urgency without honoring the usual “best offer wins” rule of the auction ritual is creating a sense of inconsistency and unfairness that ultimately may hurt, not help, the effort to secure top dollar for the team, along with a clear assurance that the Bills won’t move.

Maybe the message is that, at a time when the L.A. Clippers are somehow being sold for $2 billion, maybe the Bills franchise isn’t worth as much as the folks trying to sell the team think it is.

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57 Responses to “Bon Jovi’s bid continues to face scrutiny over relocation concerns”
  1. denko310 says: Aug 8, 2014 1:33 PM

    The Bills will stay in Buffalo

  2. 5decadesnfl says: Aug 8, 2014 1:37 PM

    JBJ now stands for “Just Buy Jacksonville”

  3. leagueobservr says: Aug 8, 2014 1:38 PM

    Looks like Bon Jovi is just a pitchman for the Toronto Relocation Group…

  4. phootball says: Aug 8, 2014 1:41 PM

    going down in a blaze of glory

  5. j0esixpack says: Aug 8, 2014 1:44 PM

    Near as I can tell, while all the fans understandably want any new owner to say “I will never move the team no matter what, no matter how debilitated the currents stadium becomes or how badly that impacts our income”

    To any ownership group that’s tantamount to saying “I hereby withdraw any leverage I have with the city and state for any assistance with creating a new stadium, thus undermining our bottom line and ability to invest in our organization”

    That’s simply not realistic – and the fans should be wary that any owner stupid enough to say that is also not qualified to run their team.

  6. buckybadger says: Aug 8, 2014 1:45 PM

    There isn’t a bidder that won’t at least entertain the possibility of relocation. Don’t get me wrong I would love for the Bills to stay where they are but I have serious doubts that they will. Despite what the NFL has been saying I don’t believe the other owners want to keep the team there. Think about it from their side, would you rather partner with a team in Buffalo or a more lucrative larger market? Everyone makes more money if they go somewhere with a larger market.

  7. thestrategyexpert says: Aug 8, 2014 1:49 PM

    Even in baseball strike three doesn’t mean it’s absolutely over. Sometimes the catcher drops the ball and you can safely make it to the base.

    Once you freely own that position then the opposition may not be able to stop you from converting a run to that home base just around a few corners.

  8. harrisonhits2 says: Aug 8, 2014 1:53 PM

    Hard to tell someone buying a billion dollar asset that they can’t move that asset if they want to.

  9. andreweac says: Aug 8, 2014 1:54 PM

    Why would a potential owner pay top dollar to keep the team in such a small media market? The team would be worth far more f they moved to Los Angeles. This ain’t rocket science here.

  10. iloveagoodnap says: Aug 8, 2014 1:54 PM

    I don’t understand the confusion.

    The process is actually quite simple- get the most money from a person committed to Buffalo. Leverage WNY minded owners against one another. Not really that confusing.

    My only question is why the trust and Ralph decreed that had to be a secret for so long. If it was point blank from the beginning that the team couldn’t move, the muck wouldn’t have grown to what it is.

  11. skawh says: Aug 8, 2014 1:54 PM

    C’mon Buffalo…don’t be so paranoid….the man said he wouldn’t move your team.

    I know, that sounds a lot like WMD’s huh……

  12. mvp43 says: Aug 8, 2014 1:56 PM

    Hunter Pence would keep the Bills in Buffalo.

  13. kd75 says: Aug 8, 2014 1:56 PM

    Well, the Clippers are in LA and have a playoff team with a few marketable stars.

    The Bills are in Buffalo.

  14. buffaloisadumpsterandtheirfansaremorons says: Aug 8, 2014 1:57 PM

    The Bills deserve a better city than Buffalo. A city with corporate sponsors and 80,000 fans in a world class stadium in a world class city.

  15. hjb99992013 says: Aug 8, 2014 1:57 PM

    Jon Bon jovi is a disingenuous phony

    What else needs to be said or clarified

  16. iloveagoodnap says: Aug 8, 2014 2:04 PM

    Everyone on here is so misguided saying that the Bills cant make money in Buffalo.

    LA or Toronto based on PSL’s, suites and corporate sponsorships would make more money than ANY other franchise in the NFL, save for New York and Chicago based teams.

    By that logic, we should move all smaller market teams from all sports to larger markets, right?

    Wrong. There’s so much more that goes into it. The Bills absolutely can generate revenue in Buffalo. Just as the Browns can in Cleveland, the Bengals in Cinci, the Jags in Jacksonville, the Bucs in Tampa, the Steelers in Pittsburg, the Packers in Green Bay, & the Vikings in Minnesota all can.

  17. unclebluck says: Aug 8, 2014 2:04 PM

    My guess the reason the Toronto group bid so low is because Bongiovi as primary owner must have 30% steak in the team. They cant bid over 1 billion cause BJ net worth is reported at 270 million…besides…Pegula will not let this get away….

  18. charper0412 says: Aug 8, 2014 2:07 PM

    let trump have them already

  19. billswillnevermove says: Aug 8, 2014 2:07 PM

    Bye, Bye Toronto………..take JBJ with you…perfect place……..enjoy your soccer league.

  20. corkspop says: Aug 8, 2014 2:11 PM

    The owners are under no obligation whatsoever to sell to the “highest bidder” in a pure sense of the auction term. No minimum and highest bid wins are merely methods to generate wide interest in an auction. The billion plus price and NFL awareness will assure the Wilson family that the right bidders are involved. They can put in whatever conditions they want regarding the future movement of the team or anything else. It is theirs to sell…… or not. And they can take their time…. or not.

  21. charper0412 says: Aug 8, 2014 2:15 PM

    LA Charges and Raiders will keep the Bills in WNY.

  22. mattypbillsmafia says: Aug 8, 2014 2:17 PM

    What a stupid outfit.

  23. hughjanus2000 says: Aug 8, 2014 2:20 PM

    Hey guys, I’ve bet you’ve never heard this before:

    Looks like his bid is “living on a prayer”, amirite?

  24. 941bucs says: Aug 8, 2014 2:22 PM

    Is that a pic of him at the bills stadium telling the fans he wants to move the team?

  25. America's Team Is God's Team says: Aug 8, 2014 2:42 PM

    Why is this a surprise to anyone? Ralph Wilson while he was alive turned down offers that would have made him a much richer man than he already was on several occasions to sell the Bills to people looking to move the team to various locations, LA among them. He always said no in the interest of Buffalo and the fans there.

    Why then should it be surprising he dictated his own team not be moved after his death?

    The Bills are an NFL Franchise. And the NFL has made boatloads of money and is extremely popular as it is now. Please, let’s stop pretending they wont make boatloads in Buffalo. They will. Location is just a degree of the size of the boatload they will make.

  26. tigerpork says: Aug 8, 2014 2:54 PM

    Why does new york need 3 NFL teams? the people of buffalo will adopt to the Gaints and Jets just fine. Move the Bills and get it over with it.

  27. VondyP says: Aug 8, 2014 3:06 PM

    Bills to Toronto!

  28. billsfan33 says: Aug 8, 2014 3:06 PM

    Hey tigerpork the Bills are the only team in NY

  29. jimbo75025 says: Aug 8, 2014 3:15 PM

    Despite what the NFL has been saying I don’t believe the other owners want to keep the team there. Think about it from their side, would you rather partner with a team in Buffalo or a more lucrative larger market? Everyone makes more money if they go somewhere with a larger market.
    ——–
    In theory you are correct on the surface, but there are other moving parts which complicate the issue.

    Only 1/3 of Americans live within an hour of a city with an NFL franchise. The NFL cannot publicly state “screw history , screw the little guy, just give us money” even if they really want to. Alienating a large percentage of their fanbase would do more financial damage than the gains to be had from moving one franchise to a seemingly more lucrative area.

  30. buffaloisadumpsterandtheirfansaremorons says: Aug 8, 2014 3:18 PM

    billswillnevermove says:
    Aug 8, 2014 2:07 PM
    Bye, Bye Toronto………..take JBJ with you…perfect place……..enjoy your soccer league.

    ——————–

    Hello Toronto, bye, bye buffalo. Enjoy your….minor league baseball? LOL!

  31. pftfan says: Aug 8, 2014 3:21 PM

    tigerpork says: Aug 8, 2014 2:54 PM

    Why does new york need 3 NFL teams? the people of buffalo will adopt to the Gaints and Jets just fine. Move the Bills and get it over with it.

    ——————————–

    Buffalo is in “New York” State, but the state is almost 2 time zones wide and has multiple media markets because of how large geographically the state is.

    The “New York” media market (8 million residents, largest in the US), is comprised of the New York City Metropolitan area which includes the five boroughs of NYC, Long Island, as well as Northern New Jersey and Southern Connecticut (all within a 30 mile radius).

    Buffalo is part of the “Buffalo” media market (51st largest in the US) and about 400 miles away from the bustling “New York” media market. Western New York is actually a Rust Belt region, comparable to mini-Cleveland or mini-Detroit.

  32. Jim says: Aug 8, 2014 3:21 PM

    Why does new york need 3 NFL teams?

    NY only has one team.

  33. billswillnevermove says: Aug 8, 2014 3:32 PM

    buffaloisadumpsterandtheirfansaremorons says:Aug 8, 2014 3:18 PM

    billswillnevermove says:
    Aug 8, 2014 2:07 PM
    Bye, Bye Toronto………..take JBJ with you…perfect place……..enjoy your soccer league.

    ——————–

    Hello Toronto, bye, bye buffalo. Enjoy your….minor league baseball? LOL!
    ________________________________
    Jets are from New Jersey, not NY……..Bills rule!!!

  34. thegreatgabbert says: Aug 8, 2014 3:33 PM

    “Hey Bon, what’s that ominous shape outside the window peering in?”.

    “That’s Scrutiny.”.

  35. johnqlunchbox says: Aug 8, 2014 3:36 PM

    “Bon Jovi’s bid continues to face scrutiny over relocation concerns”

    *********

    Stick a fork in him. He’s done.

  36. gmen32 says: Aug 8, 2014 3:39 PM

    This news is hardly suprising. The Toronto connection to Bon Jovi have zero interest in keeping the Bills in Buffalo. They would investigate every legal channel to move the team immediately to Toronto. They must be feeling mighty uncomfortable as they are forced to clarify details about keeping a team where they don’t want it to be. It’s over Toronto, turn off the lights on the way out. I’m sure you’ve really impressed the NFL with your lack of support of the Bills in Toronto series and the CFL’s Argonauts. What a great football market?

  37. jamiebuf12 says: Aug 8, 2014 4:03 PM

    I do not understand why Bon Jovi’s group or even Trump are getting so much attention…..Terry Pegula submitted a bid of 1.3 billion…Way more than the team worth…..If Terry dosn’t get the winning bid then the fix is in by the N.F.L to let a bidder that has intentions of moving the team win the bidding…..Terry’s wife is from the area and he has publically stated he will not move the team…..

  38. mackcarrington says: Aug 8, 2014 4:07 PM

    I’m so sick and tired of this nonsense. I’m going to keep hamming this point until it gets through your brains: If you put a stadium deal on the table right now, it won’t matter who buys the team. The new stadium deal will guarantee that the team will go nowhere. Get a stadium deal done!

  39. deadlevelbest says: Aug 8, 2014 4:13 PM

    LOL@ the guy who thinks NY state is “almost 2 time zones wide”

    Uh..the entire state is in Eastern time.

  40. followme2boston says: Aug 8, 2014 4:16 PM

    I don’t understand why folks are confused about the terms of the estate saying that it will be impossible to move the team. This is coming from a man who voted against every single relocation ever in his more than 50 years of owning a team. He believed in small markets and a family being able to go to a game together. Most of the good things in life do not involve bright lights and big cities.

  41. granadafan says: Aug 8, 2014 4:33 PM

    LOL at you people and PFT ripping on Bon Jovi. He’s a MINORITY owner, not a MAJORITY owner. The big guys have the say, he doesn’t. So why rip on him only? Because you’ve never heard of the Toronto group? Because he’s a celebrity? Hey, let’s rip on his songs and talent just because you disagree with his business.

    Shaking my head

  42. buffaloisadumpsterandtheirfansaremorons says: Aug 8, 2014 4:38 PM

    Toronto doesn’t care about minor league football AKA Argonauts and BUFFALO bills. Add in the fact that the minor league, unsuccessful, boring buffalol bills tickets were laughably overpriced, no one cared to see them.

    Toronto ______ is a huge draw.

  43. mogogo1 says: Aug 8, 2014 4:58 PM

    This brings up a question I’ve been having about the proposed London franchise. How exactly would Goodell keep the London owner from immediately relocating? What would stop an owner from waiting for the first bad attendance game and deciding the team would make a ton more money in LA or some other American city?

  44. i10east says: Aug 8, 2014 5:17 PM

    @5decadesnfl

    The Jaguars already have been ‘bought’ by Shad Khan; He’s gonna keep them in Jax, to all of you haters dismay. Nice witty (yet meaningless) wordplay though….

  45. sportsfan18 says: Aug 8, 2014 5:21 PM

    thestrategyexpert says:
    Aug 8, 2014 1:49 PM
    Even in baseball strike three doesn’t mean it’s absolutely over. Sometimes the catcher drops the ball and you can safely make it to the base.

    Once you freely own that position then the opposition may not be able to stop you from converting a run to that home base just around a few corners.

    12 42

    +++++++++++++++++++++++++++++++++++

    Not when first base is occupied with less than 2 outs…

    Terry Pegula is on first base… so it is strike three even though the catcher dropped it in this instance (there’s only 1 out too).

  46. iloveagoodnap says: Aug 8, 2014 5:21 PM

    @mackarrington

    Who exactly are you talking to? I may be wrong but I doubt the politicians who would need to bring forth such a deal would be reading the comments of PFT. So who exactly are you “hammering it home” to?

  47. sopadegato says: Aug 8, 2014 5:50 PM

    The only reason this is an issue is the hell it would raise if there were no teams playing in New York State, since the Giants and Jets are both in New Jersey.

    They want to handcuff someone to Buffalo to appease all the feathers it would ruffle if NY didn’t have a single NFL team within it’s borders.

  48. furious76 says: Aug 8, 2014 6:34 PM

    You can’t tell the new owners what to do with their property, it’s that simple. If you want to keep the team in Buffalo, don’t sell it.

    The notion that they can obtain hundreds of millions of dollars for property they sell, and still somehow retain control of that property in any fashion is a fallacy. Any buyer who accepts those conditions better get one hell of a price break for it.

    Do you get to tell the new owner of your car where they park it? Do you get to tell the new owner of your home that the welcome mat you love so much must remain on the porch? When you sell property, you lose the ability to control that property in any fashion.

  49. squackduckhawk says: Aug 8, 2014 6:50 PM

    If the Bills are so important to the area, why not start a local private bond initiative so the fans and local businesses can own the team. Or take it the other way like the Packers but 1 step further for controlling interest (51%).

  50. happywolverine says: Aug 8, 2014 7:06 PM

    I CANNOT WAIT to have to read about Bon Jovi in football pages.

  51. packmanfan says: Aug 8, 2014 7:11 PM

    What the heck is a rock star trying to buy a football team for?
    Are his CD and ticket sales dropping?
    He can only get club dates now?
    Underage teenage groupies are starting to find him too old so now he thinks he has a chance to score with cheerleaders?
    Really. What is the reason? Especially for a team that he isn’t even a fan of in the first place?

  52. gmen32 says: Aug 8, 2014 7:19 PM

    Toronto _____ is a huge draw? How would you know this? They have not shown ANY interest in football since supporting the Argonauts in the seventies and early eighties. Before you mention TV ratings, please note that the CFL outdraws the NFL in Canada, and yes, that does include southern Ontario. Toronto pleads to the NFL, trust us, we love football, but has yet to prove it.

  53. natijim235 says: Aug 8, 2014 9:45 PM

    JBJ song ‘a shot to the heart, you give Buffalo a bad name’

  54. joetoronto says: Aug 8, 2014 10:12 PM

    You don’t have the mind for this, gmen32, no where near the mind needed.

  55. cantphaseme says: Aug 8, 2014 10:53 PM

    Terry Pegula will win the Bills. He has the MOST interest in keeping the team in Buffalo. He already owns the Sabres and keeping the Bills in Buffalo would benefit him, his family and the city of Buffalo. Buffalo is on the rise, the waterfront is just starting to come to fruition.

  56. billswillnevermove says: Aug 9, 2014 12:08 AM

    joetoronto says:
    Aug 8, 2014 10:12 PM
    You don’t have the mind for this, gmen32, no where near the mind needed.
    ________________________________
    Joe, you don’t have the mind or brains for anything.

  57. gmen32 says: Aug 9, 2014 6:27 AM

    @joetoronto- you don’t have the mind for this, gmen32, no where near the mind needed.
    It appears that things are starting to look a bit dicey JT? Things aren’t going the way you had hoped? Please explain (in more than 14 words) why the Bills will end up in Toronto. Please explain why this INCREDIBLE market for football has never been considered for an expansion team. Please explain why the NFL should trust Toronto when it says it will support football, when it hasn’t for 30+ years. My posts will ask and answer questions, not one sentence posts with no actual point.

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