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Congressman Higgins: Bills Should Be Community Owned

Congressman Brian Higgins (NY-27) has written a letter to NFL Commissioner Roger Goodell urging the NFL to consider allowing its franchises to be community-owned. Amending the NFL's constitution, which currently prohibits NFL teams from being owned on a community basis, is Higgins' ultimate goal. This request comes days after Buffalo Bills owner Ralph Wilson finalized a deal that will allow his Bills to play eight games in Toronto over the next five years - a deal that has raised concern amongst the Buffalo community as to the future viability of our beloved franchise.

"The Bills are a regional treasure and part of the fabric of our community," said Congressman Higgins. "Community ownership in the Bills would give the Buffalo fans that built this franchise a real role in steering the future of this team."

Higgins posits two scenarios: one in which the team is completely owned by shareholders ("Full Community Ownership"), and one in which the team has one dominant shareholder, with the rest of the shares publicly owned ("Hybrid Community Ownership"). The idea is for the Bills to become as entrenched in the Buffalo community as the Packers are in Green Bay, Wisconsin (the Packers are the only community-owned team in the league). A hybrid community ownership model could also be beneficial for local Buffalo investors interested in keeping the team in Buffalo - specifically, former Bills quarterback Jim Kelly.

The Green Bay Model
In his letter to Goodell, Higgins makes it very clear that he would like to see the Bills owned much like the Packers are owned. Green Bay remains the only club community-owned, as they were structured in this manner prior to the NFL changing its constitutional guidelines. Said Higgins in his letter:

Prior to the adoption of the NFL's prohibition on community ownership, fans in Green Bay purchased the Packers, to the tremendous benefit of the team and the community. The result has been one of the most stable and successful franchises in history, as the Packers have become a financial asset to the league far beyond its ability to raise revenues locally. And as the Packers have demonstrated, community ownership leads to a level of community pride and team support unrivaled in professional sports.

For a much more detailed account of Green Bay's ownership structure, be sure to check out a report on the matter, written this past summer, by Brandon at Acme Packing Company. His article explains in full how Green Bay's franchise has been so successful despite the incredibly small market the team plays in.

What is "Hybrid Community Ownership"?
Of the two scenarios Higgins is proposing, a Hybrid Community Ownership model could potentially be a saving grace for the Bills in Buffalo. In said scenario, the team would be publicly owned - however, one person or a partnership would purchase the majority of the available shares (Higgins proposes 51% as an example). This would provide the NFL with a community-entrenched owner, who would buy the controlling stake in the team at a highly reduced price (the Bills are currently worth $821 million, according to Forbes).

With one controlling owner, the Buffalo area would be allowed to purchase the remaining 49% of shares. The controlling owner would oversee day-to-day business and team operations - much like Mr. Wilson does now - but the community would have enough power to veto a potential relocation of the franchise. (Higgins, as an example, suggests a 75% vote of all shareholders would be necessary to move the team.) The Hybrid model would be ideal to keep the team in Buffalo, and also allows the Bills to preserve its current ties with the community as well as Toronto. It allows the league to turn to one man/group as the team owner for all league affairs. It would take a radical amendment, sure, but it's win-win both for the NFL and for the small-market teams that play in it.

The Jim Kelly Angle
It has long been rumored - and confirmed by the man himself - that former Bill and current Hall of Fame quarterback Jim Kelly is highly interested in finding a way to keep the Bills in Buffalo. Kelly would conceivably put together an investment group that would make a bid to buy the Bills after Ralph Wilson's death. Higgins' Hybrid Community suggestion plays right into Kelly's hands - it reduces the price that he and an investment group would have to pay, and it would allow Kelly's group to accomplish its goal of keeping the team in the city he once played for.

Clearly, if the team were to be publicly owned in any way, there would be no way to guarantee that Kelly and an investment group of his liking would get the majority share. The community-owned aspect, however, would theoretically give the Buffalo community the chance to veto any proposed relocation that a non-Kelly (or non-Buffalo-oriented) "owner" would want to make.

According to this report from Buffalo Business First, Commissioner Goodell plans on responding to the congressman's letter quickly.

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If this franchise goes community
Brian, You would have to buy all the available shares, then we all really could be the Bills GM. I bet you would get flooded with people signing up to the site.
Man do I miss #78

by sireric on Feb 8, 2008 2:35 PM EST reply actions   0 recs

I would buy as many shares as possible..
to keep our Bills in Buffalo. I mean, were talking not bothering to put any money into my retirement account for a couple of years to save up and buy stock in the Bills if it became available.

I sincerely hope Goddell will allow this, but the other owners are such money grubbing jerks that I don't know if it will.

On the one hand its a HUGE PR success for the NFL (which needs one due to Spygate) if it happened as many franchises with aging owners would look into it. It would also lead to a groundswell in community support in many areas (Oakland and Buffalo for instance) that the results would be staggering as far as fans buying into an ownership stake.

On the other hand, the NFL loves it when a franchise is sold as it brings HUGE heaps of money into the hands of the owners, ala Houston Texans style, which most then don't spend on their teams (cough cough Ralph). So for this change to happen, we would be fighting potentially all 31 owners (as the Packers would most likely stay out of this discussion) to get this through. Its a tough thing to determine whether or not it could fly with the NFL as it is structured now.

I guess we'll find out how much of a puppett Goddell is to the richest group of owner's in the NFL when he responds to this letter. The reason being that a community owned team would be sold for less than the NFL fleecing a multi-billionaire looking for the best big money game in town where he can show off how rich and affluent he is.

So how done was Pat Williams when we let him go Tommie boy??? Stick a fork in him level right?

by WABillsfan on Feb 8, 2008 3:35 PM EST reply actions   0 recs

You're probably right
I can't imagine this sitting well with the other owners.  However, how would they see any of the sale money?  Wouldn't it go directly to the seller?  Maybe there's some selling fees, but I think the owners would be more up in arms about the team staying in Buffalo than it being a community owned team.

I hope Goodell considers this is a viable option because it should truly be considered just that.  This would be a nice PR move as you say, and would also generate a ton of buzz. I'd imagine that "investors" would line up from around the world to buy shares of the team.  Well, at least hardcore NFL fans around the country.  In that essence, the Bills could become less a community team and more a national team, unless investors must be NYS residents or something to the effect.  

I really don't care who owns the Bills in the future as long as they stay in Buffalo.  If that means going community owned, Golisano owned or whatever, I just want them to stay where they belong.  But it would be cool to own a 0.00001% share in them...

~K

by Kurupt on Feb 8, 2008 5:19 PM EST up reply actions   0 recs

Sign me up,
Im down with buying as many shares as I could.
Do you BILLieve?

by NYTXFAN on Feb 8, 2008 4:45 PM EST reply actions   0 recs

What do the other owners care about
How much the team gets sold for?  They only make money on expansion.  TV is what drives this league.  And right now, Toronto isn't counted in the ratings.  

What the owners do care about is a small market like Buffalo adding to the total of the league revenue.  

It's pretty hypocritical if you ask me.  The same guys who won't grant "welfare" to NFL teams/cities that may need it, in the form of revenue sharing, are the same guys who demand and receive "corporate welfare" from city and state governments who provide their venues for them.

I'm generally opposed to the government putting money in the pockets of rich men, many in this case, who don't even live in that particular city/state (example being Wilson).  But in this particular case, I have a much, much different opinion.

I just hope the elected officials of the State of New York remember that the City of Buffalo, and all of Western New York, is actually still...in...The...State...of...New...York (as well as the hearts of those who left, but still call it home).  New York has a lot of money my friends, or at least the ability to get it.

by krytime on Feb 8, 2008 8:32 PM EST reply actions   0 recs

NFL's money
While the sale of a team generates money for the seller themselves, the NFL also takes a cut for the turning over of one of their teams as well. On top of that, anybody who buys the Bills that is not an Upstate New Yorker, or dead set on keeping the Bills in Buffalo will move the team from here. And when they do that, they must pay the NFL a massive relocation fee on top of it, though many owners could care less about a team leaving Buffalo, they do like the free money that would come from that fee.

I hope that the NFL lets us do a Hybrid ownership and that Jim Kelly and other ex-Bills can take a 51% stake in the team to keep it with us loyal fans.

So how done was Pat Williams when we let him go Tommie boy??? Stick a fork in him level right?

by WABillsfan on Feb 9, 2008 1:41 AM EST up reply actions   0 recs

Out of town fans?
What about share availability for relocated fans?

by Metzelaars on Feb 9, 2008 12:12 PM EST reply actions   0 recs

Bills are a poor man's Packers
My brother is a big Pack fan, and since we live close, we've gone to GB several times to go to preseason festivities and actual games.  Let me tell you, there are countless similarities between the fans and environment there to those in Buffalo.  We really are the same kind of community and the people, not just the fans, are as impassioned about the Pack as we are.  So following their organizational structure would be ideal.

This letter from Higgins makes me happy about the Bills future.  Hopefully Goddell will put down his beating stick for a second and let this happen.

That, and I WANT a share.

by Kumario! on Feb 9, 2008 1:39 PM EST reply actions   0 recs

profootballtalk.com
Here is some info from profootballtalk.com about the Bills possible relocation and/or ownership change.

by fletcherjd on Feb 10, 2008 11:04 PM EST reply actions   0 recs

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