NEW YORK- Morgan Stanley, the bank representing the estate of Ralph Wilson, will extend the deadline for bids for the Buffalo Bills for an undefined period of time, according to multiple sources.
The deadline extension would allow other potential bidders, like former Sabres owner Tom Golisano, to submit bids for the team.
Only three confirmed bids were submitted by the initial Tuesday 5 p.m. deadline, which were from current Sabres owner Terry Pegula, the Toronto based Bon-Jovi group and Donald Trump. The low number of bidders is why Morgan Stanley extended the deadline, sources say.
Pegula has advanced to the second round of bidding, as first reported by Tim Graham of the Buffalo News. An attorney for Trump also confirmed that he had been accepted into the second round.