Jon Bon Jovi and his backers are reassessing their bid to buy the Buffalo Bills, according to a Toronto Sun report.
John Kryk reported that the group cancelled a scheduled tour of Ralph Wilson Stadium on Wednesday and has no plans to reschedule it.
"They're hanging on by the skin of their teeth," one source told the Sun. "The bid's on life support."
Forbes reported Thursday that the Bon Jovi Group bid $820 million, $70 million below Terry Pegula's bid.