Former Buffalo Sabres owner Thomas Golisano apparently didn’t submit a non-binding expression of interest by the supposed deadline of July 29. But that won’t stop him from potentially buying the Bills.
According to the Buffalo News, and confirmed by the Associated Press, Golisano has joined the roster of prospective buyers. Golisano’s involvement should be regarded as good news for Bills fans, since it’s unlikely Golisano would sell the team.
A potential wild card in Golisano’s bid comes from his recent engagement to former tennis star Monica Seles, who is much younger than Golisano and who quite possibly will inherit the team if the engagement results in marriage that doesn’t end in divorce before the vows otherwise evaporate, via natural causes or otherwise.
Golisano will now participate in the meetings with members of the trust responsible for selling the team, a process that is being coordinated by Morgan Stanley, who unlike former Patriots receiver Stanley Morgan is not a person but an investment firm. For Morgan Stanley to justify its fee (perhaps generated on an hourly basis), Morgan Stanley could be complicating that which should be fairly simple: Name a price, identify other key terms (such as a commitment to not move the team), and wait for someone to bite.
Instead, Morgan Stanley has put in place non-binding rules about non-binding bids and other nonsensical steps that obscure what this ultimately is — an effort to maximize the price paid for an extremely valuable asset.