Bills Sabres hire broker

Start Buffalo Bills The owners of the Buffalo Sabres have hired a high-profile investment banker to lead their potential bid to buy the Buffalo Bills. Buffalo Bills Three people familiar with the hire confirmed Wednesday that Terry and Kim Pegula have retained Steve Greenberg, Buffalo Bills of Allen & Co. Buffalo Bills which is regularly involved in sales of sports teams. Buffalo Bills The Pegulas have not publicly said whether they will try to buy the NFL team, which is on the market after the team's owner and founder Ralph Wilson died in March. But The Associated Press has reported the Pegulas were among prospective buyers who received a non-disclosure agreement and background on the Bills from a law firm representing Wilson's estate. The people who confirmed Greenberg's hiring spoke on the condition of anonymity because the Pegulas have not announced it. The move was first reported by The Buffalo News on its website. Greenberg, the son of Baseball Hall of Famer Hank Greenberg, has been involved in purchases of the Houston Astros, San Diego Padres, Milwaukee Bucks and numerous other teams. The Pegulas made their fortune in the natural gas industry, after Terry Pegula sold off many of his company's assets for $4.7 billion to Royal Dutch Shell in 2010. Buffalo Bills The Bills were last valued by Forbes to be worth $870 million but their sale price could go much higher because NFL teams rarely go on the market. The franchise's current lease essentially ties the Bills to playing at their current stadium through the 2019 season, Buffalo Bills but there are concerns the team could eventually relocate to another city, Buffalo Bills state or perhaps, Buffalo Bills Canada, Buffalo Bills under a new owner. A Pegula spokesman issued a statement last month saying the Pegulas "have a strong desire to have the Buffalo Bills remain a centerpiece of this region." Buffalo Bills But the statement stopped short of saying whether the Pegulas would try to buy the team, Buffalo Bills, The end.