clock menu more-arrow no yes mobile

Filed under:

Final bids in Buffalo Bills sale due in roughly two weeks, per reports

Per two separate reports, final, binding bids for the Buffalo Bills could be submitted before or near Labor Day weekend, with a target date for a new owner set for October.

Kevin Hoffman-USA TODAY Sports

On Monday afternoon, John Kryk of the Toronto Sun reported at the tail end of another Jon Bon Jovi update that final, binding bids for the Buffalo Bills are expected to be submitted by the end of next week. John Wawrow of the Associated Press followed that up on Tuesday by confirming that timeline, and adding additional details about what comes next in the sale of the Bills.

Wawrow, who says that the final bids are due in "about two weeks," adds that the team is still targeting an October time frame for identifying a new owner, but because Morgan Stanley pushed back the deadline for initial bids to drum up more interest in the sale, it's not known whether or not a new owner will be in place in time for the owners' meetings in October.

Another potential reason for a vote delay past those meetings: the NFL's financial committee will need to fully vet whichever person or group emerges as the winning bidder.

Terry Pegula, Donald Trump, and the Toronto group led by Bon Jovi are the confirmed names in the final bidding round to have met with the Bills' trust within the past two weeks, but Wawrow also provides an update on a fourth, well-known bidder: Tom Golisano has not yet met with the trust. Bon Jovi's bid, meanwhile, has been met by several roadblocks in recent weeks.

If all goes according to plan, this period of uncertainty will be over very soon, Bills fans.