Report: Golisano to bid on Bills
The former owner of the Buffalo Sabres intends to become one of the prospective buyers for another professional franchise in the area. According to John Kryk of The Toronto Sun, billionaire Tom Golisano intends to put in a bid for the Buffalo Bills when the team officially goes up for sale.
With the news of the team hiring both financial and legal advisement to enter the next phase of the sale of the team, the report states that Golisano will look to gain immediate pre-approval from the National Football League. Golisano may bid by himself, or he may be the lead bidder with another businessman rooted in western New York according to the report.
A native of Rochester, the 72-year old billionaire was previously reported by The Buffalo News to have met with Bills president and CEO Russ Brandon at dinner in May. By many accounts, if he successfully purchases the franchise he would likely keep the team in Buffalo.
Golisano owned the Sabres after purchasing the team in 2003, and stayed on as the man in charge for eight years before selling the franchise to current owner Terry Pegula in 2011. He successfully started the payroll processing firm Paychex, and is estimated to be worth $2 billion.
**Photo courtesy of the AP