The process for the sale of the Buffalo Bills has taken a significant step forward today as a definitive agreement has been reached between the trust of the late Pro Football Hall of Famer Ralph C. Wilson, Jr. and the Pegula family, owners of the Buffalo Sabres and lead developers of Buffalo’s HarborCenter.
Subject to the approval of the NFL owners and the satisfaction of customary closing conditions, the definitive agreement calls for the Pegula family to acquire all of the interest in the Buffalo Bills franchise from the Wilson trust. The parties intend to submit the agreement for approval by the NFL owners at their meeting in New York City on October 8.
Buffalo Bills Controlling Owner Mary Wilson on the sale of the Buffalo Bills, “This is a very important day in the history of the Buffalo Bills franchise. Ralph brought professional football to Buffalo in 1959 and it was his life’s passion. He loved his team and he cherished the fans and his legacy will remain for all-time. Ralph would have been pleased with the sale of the team to the Terry Pegula family, who has been so committed to Buffalo and the Western New York region.”
“I sincerely wish Terry and Kim Pegula all the best with the Buffalo Bills and I’m happy for all Bills fans. Our hope is that this great franchise brings them as much excitement and joy as it did for Ralph and that they bring home a Super Bowl championship for Bills fans everywhere. Go Bills!”
Filed under: Buffalo Bills
Tagged with: Buffalo Bills, Mary Wilson
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