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Terry Pegula exploring selling 25% minority-stake ownership in Buffalo Bills, per report

Related Topics: Terrence Pegula, Buffalo Bills

The Buffalo Bills are exploring a potential 25% minority shareholder’s stake in team ownership, per an article by Tim Graham with The Athletic, with the Bills confirming as much is true.

With the news still in its infancy, there aren’t a lot of solid, reported details to share at this point. Per Graham’s article, co-owner Terry Pegula “has hired Florida-based investment bankers Allen & Company to handle the potential transactions but declined to say how much of the team is being sold.” Graham also noted that the 25% figure is still not set in stone.