Rogers joins Bon Jovi and Tanenbaum in equal-stakes bid to buy Bills

Maple Leaf Sports & Entertainment chairman Larry Tanenbaum shares a laugh with rocker Bon Jovi. The...

Maple Leaf Sports & Entertainment chairman Larry Tanenbaum shares a laugh with rocker Bon Jovi. The two are part of an equal-stakes bid to buy the Buffalo Bills along with Rogers. (AFP)

John Kryk, QMI Agency

, Last Updated: 9:04 PM ET

The Rogers family has joined the Toronto group bidding on the Buffalo Bills and has about a one-third financial stake in the enterprise, QMI Agency learned Friday.

Rocker Jon Bon Jovi and Maple Leaf Sports & Entertainment chairman Larry Tanenbaum are the other partners, each with about one-third stakes as well, according to well-placed sources.

But the clear understanding in the group, as has been the case from the get-go and was made clear to Edward Rogers III months ago as he began to mull whether or not to join, is that Bon Jovi would be the prospective controlling owner.

There are no equal partnerships in NFL-team ownership by league rules. One person must be anointed as controlling or principal owner, even if financial stakes are equal, so long as that person meets the 30% principal-ownership financial threshold.


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