Toronto group bid more than $1 billion for Bills

Bills running back Bryce Brown (35) runs the ball as he is pursued by Panthers safety Robert Lester...

Bills running back Bryce Brown (35) runs the ball as he is pursued by Panthers safety Robert Lester (38) during pre-season NFL action in Charlotte, N.C. on Aug. 8, 2014. (Sam Sharpe/USA TODAY Sports)

JOHN KRYK, QMI Agency

, Last Updated: 7:04 PM ET

At least one of the bid numbers in Forbes' report Thursday on the Buffalo Bills sale -- that for the Bon Jovi/Toronto group -- is wrong.

Flat. Out. Wrong.

Substantially too low, to be more specific. Not that first bids ultimately will matter anyway.

Mike Ozanian of Forbes claimed the first-round, non-binding, indicative bids of Terry Pegula, Donald Trump and the Bon Jovi/Toronto group all are below $900 million.

Ozanian quoted two sources in reporting that Pegula's offer was $890 million, the Toronto group's $820 million and Trump's $809 million.

Forbes last August valued the Bills franchise at $870 million, and just this week Forbes released its annual NFL club valuations and pegged the Bills at $935 million.

The team is on sale following the death of founding owner Ralph Wilson in March. Binding, definitive bids are due early next month.


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