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Bon Jovi had some severe delusions of grandeur in trying to become an NFL owner by purchasing the Buffalo Bills, lying about keeping them in Buffalo, and then moving them to Toronto, ONT. That's fine, but he doesn't have near enough money to own a team despite his apparent hard-on for hob nobbing with NFL owners as sort of a hangers-on and towel boy. He had something going with the Canadian cable giant Rogers, but what his actual role was I know not. Like were they going to have the actual money while he was the PR face? It just seemed to be so douchey that it made everyone pretty leery, including a lot of people in Toronto...
Bon Jovi has an estimated net worth of 400 million. The Bills were worth north of a billion (beats the fuck out of me how) a few years ago when that speculation started. Even if Bon Jovi liquidated everything he owned, he'd never have a chance at owning the team outright.
Plus, the Bills are one of the least lucrative teams in the league: it would have been fun to see Bon Jovi actually close some sort of heavily-leveraged deal to own the team to end up making far less than he does touring, performing his own...er, 'inimitable' brand of rock for Jersey housewives in their mid 40s whose waist sizes are now higher than their ages.Scramby eggs and bacon.Comment
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Pretty much. You have to have a big fan-ego to own a team since the money you spend to buy one could earn much more in other investments. I will say that Buffalo's owners are much better than average in that the wife, Mrs. Pegula, has a lot of input on team matters (an anathema in the old boy NFL) and her husband Terry seems to genuinely care about the area and better it...Comment
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Bon Jovi has an estimated net worth of 400 million. The Bills were worth north of a billion (beats the fuck out of me how) a few years ago when that speculation started. Even if Bon Jovi liquidated everything he owned, he'd never have a chance at owning the team outright.
Plus, the Bills are one of the least lucrative teams in the league: it would have been fun to see Bon Jovi actually close some sort of heavily-leveraged deal to own the team to end up making far less than he does touring, performing his own...er, 'inimitable' brand of rock for Jersey housewives in their mid 40s whose waist sizes are now higher than their ages.
Pegula bought the Bills because, fuck it!, he already owned the Sabres and proceeded to make the same mistakes after he purchased them by leaving the idiots he inherited in charge when he bought the Bills. Finally he has made some very good moves I think since. But as Terry Pegula says, "if I want to make more money, I'll drill another (hydro-fracking) well!" which is where his fortune comes from. But LMFAO, you'd never know that with the steady rate increases - which I get are a necessary part of owning teams...Last edited by Nickdfresh; 09-21-2017, 12:03 PM.Comment
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Yeah. He seemed like rather a sanctimonious cunt here after Ralph Wilson died and the team was in limbo. He kept saying basically he was a regular Jersey boy that 'got it' and would keep the team in Buffalo all the while it was blindingly obvious he was speaking for a Canadian cable giant of cunts that wanted them in Toronto...
IKR. But unlike when the Bills sucked in the 1970's and there were always empty seats, the team almost always sells out because it's a party and one of the top tailgating stadiums in the league. New Era Field is old and archaic by NFL standards, but it has been upgraded several times and most of all it's paid for. Also, Buffalo (or Orchard Park actually) is one of the only areas where the stadium was put in an open area and is surrounded by parking lots and even an RV lot, meaning lots of drunken shenanigans and massive BBQ's. They can suck with one of the longest playoff droughts in US sports, but still make money as people from around the region, including Canada and many opposing cities, flock there...
As I responded to Sesh, the owners make far less with NFL teams than they could with something else, making the NFL the home of the deranged owner. See Washington or Indy for that! The Buffalo Bills make less, but there is a feeling here that things are coming back and the overhead for the team is far less as well...
Pegula bought the Bills because, fuck it!, he already owned the Sabres and proceeded to make the same mistakes after he purchased them by leaving the idiots he inherited in charge when he bought the Bills. Finally he has made some very good moves I think since. But as Terry Pegula says, "if I want to make more money, I'll drill another (hydro-fracking) well!" which is where his fortune comes from. But LMFAO, you'd never know that with the steady rate increases - which I get are a necessary part of owning teams...
NFL rules back when Bon Jovi was trying to acquire the Bills stated that a principal owner could borrow no more than 200 million in purchasing the team and must own at least a 30 percent stake to BE a principal owner. And the Bills reported an operating profit of between 30 and 40 million in 2014. So it never made sense that Bon Jovi was going to come up with 30% of 1B+ in cash - which would basically have the totality of all his assets - or that he was going to come up with half the 30% minimum of 1B + in cash and borrow the rest...all for a team that was boasting a profit of 40 million dollars. Bon Jovi never had the cash, and it would have been a bad investment anyway, in terms of principal ownership. Bon Jovi was never going to "own" the Bills. The best he could have hoped for was a small piece of it...and maybe being allowed the privilege of singing "Livin' On A Prayer (The Chances Of The Bills Making The Playoffs...EVER)" at halftime.
Maybe the Bills can reacquire/reactivate OJ Simpson: he'll be out of the pokey soon...
Frankly, I think a lot of NFL team owners strike me as lifetime wannabes - the kids who never got picked for any team and had to be assigned a team by the teacher - in terms of athletics. Like, they have all this money, but they still need to associate themselves with pro football players because it makes [the owners] feel macho or some such nonsense when the team wins. So they can brag about how "my team" won a game, when the truth of the matter is owners are completely unnecessary to the game even being played.Scramby eggs and bacon.Comment
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We are not here to entertain you, we pay money out our own pockets to keep your 2450 posts online and the other millions over all the years.
Are you too embarrassed to go to porn sites daily and at least they are coining some advertising from you? Stop being a dick.Comment
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Have you ever thought of posting something interesting?
We are not here to entertain you, we pay money out our own pockets to keep your 2450 posts online and the other millions over all the years.
Are you too embarrassed to go to porn sites daily and at least they are coining some advertising from you? Stop being a dick.
What did you expect?
You let the idiots hang out here, then you want to tell them to stop being idiots?
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You mean I've had it all wrong for a decade and a half+... This should be interesting. Pray tell... why the hell are y'all here and paying that pocket money?"If you want to be a monk... you gotta cook a lot of rice...”Comment
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I was just pissed off that someone would claim to be too embarrassed to visit a forum just because it reported a rumor that didn't come to pass.
Fucking ridiculous chat.Comment
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Have you ever thought of posting something interesting?
We are not here to entertain you, we pay money out our own pockets to keep your 2450 posts online and the other millions over all the years.
Are you too embarrassed to go to porn sites daily and at least they are coining some advertising from you? Stop being a dick.Comment
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