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Final, binding bids for the Buffalo Bills are due at 5:00 p.m. ET today, per multiple reports, and Daniel Kaplan of the Sports Business Journal added a bit of context to the final stretch of the sale on Monday morning.
Per Kaplan, the presence of two undisclosed bidders - beyond Terry Pegula, Donald Trump, and Jon Bon Jovi - has driven the price of the team beyond $1 billion.
Buffalo Bills sale process in final days. Bids due tonight, finance committee meeting next wk likely to approve winner. Told a few things...
— daniel kaplan (@dkaplanSBJ) September 8, 2014
...There r 2 undisclosed bidders. The price is over $1 billion. Lots of leaks, but not always from those in the know. More in SBJ
— daniel kaplan (@dkaplanSBJ) September 8, 2014
The timeline Kaplan lays out is interesting, as well: a finance committee meeting next week to approve a winning bid is right around the corner. That could also conceivably give the NFL enough time to fully vet the winner in time for a vote from league owners at meetings in early October.