BUFFALO, NY-- 2 On Your Side's Adam Benigni has learned new information about Terry Pegula and the upcoming sale of the Buffalo Bills.
Three sources with knowledge of the sale process, and the situation, have indicated to Benigni that the Pegulas are preparing to bid for the Buffalo Bills.
The Pegulas have kept a low profile on the issue and continue to do so. 2 On Your Side reached out to the Pegulas on Thursday, and we were told they were not available for comment. Sabres spokesperson Mike Gilbert would neither confirm nor deny this new information, saying only there is nothing to report.
None of this will be formalized until the valuation of the franchise is complete. Then the bidding process will start, which is expected in a matter of weeks.
What's less clear, is if the Pegulas do bid, will they do it alone or with a partner? Benigni says there is conflicting information on that point.
What we do know is that it appears, based on what sources are telling Benigni, that the Pegulas have the desire to own the Bills and keep them in Western New York.