The NFL’s owners meetings are underway in New York, and the group wasted no time in checking off one of the key items on the agenda. According to NFL spokesman Greg Aiello (via Twitter), Terry Pegula and Kim Pegula have been unanimously approved by the NFL’s other owners as the new owners of the Bills.
While there were some hiccups during the bidding process for the Bills, it’s been smooth sailing for the Pegulas since their reported $1.4 billion bid was chosen as the winner several weeks ago. After the owners of the NHL’s Buffalo Sabres were approved by the league’s finance committee last month, their approval by the rest of the NFL’s team owners was viewed as a mere formality, and now it’s official.
The Pegulas, who take over ownership of the Bills from the late Ralph Wilson and his family, are now eligible to represent the team during the rest of today’s owner’s meetings.