Sports
Related: About this forumAn absolute moral outrage -- HOW DARE THEY
Last edited Tue Feb 1, 2022, 08:29 PM - Edit history (17)
charge $16.99!
But seriously, folks, here's the backstory:
The NFL Buffalo Bills football team is for sale. Rock star Jon Bon Jovi has always wanted to own an NFL team -- he owned the Philadelphia Soul arena football team for a while. Amid rumors that he's ready to retire from making music, he has partnered with Larry Tanenbaum, owner of the Tornoto Maple Leafs hockey team, and Edward Rogers III of the Toronto-based Rogers media conglomerate.
The key word there being "Toronto."
Buffalo New York and Toronto Ontario are 100 miles apart around the western rim of Lake Ontario, and Buffalo Bills fans are VERY nervous about the team being moved if Bon Jovi and his Toronto-based partners succeed in buying it. They're so nervous, in fact, they've organized a Buffalo Fans Alliance and gotten the band's music banned from local venues and radio stations. Why? Because they rightfully suspect that Jon would be running the team in name only: While Jon's net worth is estimated at 350 million dollars, Tanenbaum's is at $1.78 billion and Rogers' at $7.6 billion: their AVERAGE net worth exceeds Jon's a dozen times over.
It's obvious why Tanenbaum needs Rogers: he doesn't have the additional operating capital that would be needed. It's obvious why Rogers needs Tanenbaum: he doesn't have Tanenbaum's experience in running a major league sports franchise. It's obvious why Jon needs Rogers and Tanenbaum: As a "mere" millionaire, he won't have ANY operating capital to contribute once he puts up his share of the franchise fee (the current bid is alleged to be $1.2 billion) which would require converting every cent of his net worth into to cash and paying off all his debts. But why do Tanenbaum and Rogers need Jon? As far as the Bills fans are concerned, Jon is to be the American crowbar with which his partners will pry the Bills out of Buffalo, since he wouldn't have the money or the power to stop them.
There's a lease deal where the Bills would have to stay through the 2020 season. But it would be easy to run the team into the ground by then: All the "Toronto Brothers" would have to do is cut Jon off financially. Between that and his "inexperience" as an NFL team owner, his partners would be left with no recourse but to "replace" him and restore the franchise's financial viability by moving the team to Toronto!
Thus, the T-shirt. While Jon may be too starry-eyed to see what his partners have the potential to do to him (ironic much?), I think it makes him more like a innocent babe in the woods than a genocidal dictatorial despot. And since his entire band are public figures, I think a visit from the FBI is in order: a $16.99 price tag is a crime indeed!
rocktivity
joeybee12
(56,177 posts)Series-ly, is that what they claim he has been doing????
Response to rocktivity (Original post)
rocktivity This message was self-deleted by its author.
rocktivity
(44,572 posts)Last edited Tue Feb 1, 2022, 08:33 PM - Edit history (10)
NBC Sports.com: The clearest objective evidence regarding the coming collapse of the attempt to buy the Bills comes from the cancellation of a Wednesday tour of Ralph Wilson Stadium. Its part of the due diligence process for all finalists, and with the tour canceled and not expected to be rescheduled, it will be impossible for the Bon Jovi bid to be accepted...
(A)n unnamed source told John Kryk of the Toronto Sun...The bids on life support.
On life support? With Jon unable to provide either his share of the franchise fee or any additional operating capital, the bid was dead at the scene!
rocktivity
rocktivity
(44,572 posts)Last edited Sat Dec 3, 2022, 01:09 AM - Edit history (1)
It turns out that the Buffalo Bills Fan Alliance wasn't a grass roots organization after all:
Why Jon Bon Jovi Dressed As President Duh Don for Halloween
rocktivity