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Bills' Terry Pegula to Explore Sale of Noncontrolling, Minority Ownership Stake

Buffalo Bills owner Terry Pegula will explore the sale of a minority ownership stake in the team, according to ESPN's Alaina Getzenberg.

Pegula is expected to retain controlling interest in the team if a possible sale occurs.

"The Pegula family has retained Allen & Company to explore the potential sale of a non-controlling, minority interest in the Bills," the Bills said in a statement (via Getzenberg). "These discussions only involve the Bills and no other team. No investment would be possible without Terry Pegula and the Pegula family maintaining a controlling interest in the team.