BUFFALO, NY- Buffalo Bills bidders Jon Bon Jovi and Donald Trump violated the terms of the non-disclosure agreement they had to sign as part of the sale process, according to a report in the Buffalo News.
Bon Jovi had violated the agreement by writing a letter in the Buffalo News about his interest and intent in purchasing the time, while the report says Trump violated the agreement by talking about what he offered for the Bills.
2 On Your Side Sport's Director Adam Benigni says that while he has not seen the non-disclosure agreement, he would not be surprised if their actions did violate the agreement. Sources have also told Benigni that the language in the agreement was very restrictive, potentially limiting bidders.
"I think they've backfired on Morgan Stanley, the firm representing the Wilson estate. I think the NDA is a big reason why there are only three bids that we know of to this point," Benigni said.
"I think it's a major factor for Tom Golisano, for example, for holding back his bid. And as a result, they've extended the deadline to accept new bids from that original July 29th date. The estate wanted a bidding war, and so far they've failed to create one."
A report in the Toronto Sun says those within the Bon-Jovi group believe their chances at winning the team are slim.