Jon and the Buffalo Bills

He's not even saying "I don't intend to move the team." But the very fact that he's hooked up with someone who already owns a team in Toronto makes his sincerity problematic.

What will most likely happen is that the team will politely sit out their lease (it ends in 2022) while refusing to invest in top talent, demand that the city give them unaffordable tax breaks (if not a new stadium), then cry all the way out of town.

Jon is "only" a multi-millionaire. He is also a rookie in a shark tank full of old-money veteran multi-billionaires who are using his fame and fortune to get what they want: a one-way ticket to Toronto. He's playing out of his league, if you'll pardon the expression.

You're right that he didn't say that, while he easily could have, but he did say the following, which makes no sense if he had any (short term) intention of moving the team:

"We are committed to working with the State, City, County and business community to identify the best possible site in the Buffalo area for a new stadium and to then develop and implement a plan to finance and build a state-of-the-art NFL stadium for the loyal Bills fans."

Maybe just a missed opportunity to set the record straight, who knows? And more importantly: who cares? Hope he doesn't get the deal and continues making music

Nah nah nah - you severely underestimate the Jon Bon Bon. First of all, Jon Bon's net worth is surely closer to 1Bn than to 100M. The tours alone grossed over 1 Bn in the last 10 years. Do you think Tico got all the money? Not to mention that in 1992 he was worth a reported $120M. Knowing what a stingy basterd he's been all his life, he should have easily passed the 500 M mark. I bet you, once this deal is through, he will make Forbes billionaires list. Up for it?

Also, the man is 52. He is not a kid by any means. People his age are Presidents - hardly the naive boy that is used by the evil bankers.

Another point - he hasn't JUST jumped into this. He has first bought an AFL team, learned it the hard way. Now, as JonGirl mentions, this is one if not the only opportunity he'll ever get to own an NFL team. Knowing his ego, I am not sure who is using who!

I assumed he wanted it so he could get his son on an NFL team. Family business and all that

What the band makes and what they are worth are on two separate sides of the fence. It's only a fraction.

Jon was never worth 120M in 1992. If you are referring to the Howard Stern interview, watch it carefully. Howard twisted it. They said they made that much as a band and Howard twisted it by saying, how does it feel to have a 120M and Jon just nodded his head.

They pay Promotes, Agents, Staff, Band Members, Overhead, Taxes, etc. I say Jon takes about 15 to 20% of what the tour makes. If the tour makes 100M, Jon takes about 15 to 20M (I'm sure that number has increased throughout the years) and then he pays taxes on top of that.

I don't think they are as rich as you think they are. Esp Dave and Tico.

And this may be a way of saying " we're going where ever the money for a new stadium is available. If it's Buffalo then great, but if you don't want your taxes raised to finance it, then see ya!" And I agree with JonGirl, it's always seemed obvious to me that Jon is being the scapegoat for Bills fans because he's the known face and name. They can't bitch about someone they can't see (like other investors.)

They're definitely using him via his ego -- he hasn't got quite enough money. But you don't have to take my word for it:
If Tanenbaum and Rogers have convinced Jon that being the "frontman" for the new Buffalo Bills will make up for his having an average of only one eleventh of their equity, it explains HOW they got so rich, LOL!

8/4/14 UPDATE: Jon Bon Jovi's Hopes Of Buying The Buffalo Bills Just Took A Huge Blow
If all Jon can put up is one third of the franchise fee (AFTER cashing in ALL his assets AND paying off all his debts!) and none of the additional operating capital, he ALWAYS WAS "in the background!"


8/22/14 UPDATE: Bon Jovi’s bid close to collapsing
On life support? The bid never made it to the ambulance, never mind the hospital: the bid was dead at the scene!

One of his partners has a net worth of seven billion, and could easily cast a winning bid single-handedly. Maybe Jon would settle for being a minority owner. Or maybe the Toronto Brothers could hire Jon to run the Bills (into the ground) by withholding financial support until the lease runs out in 2022. Then they buy him out, replace him with a Canadian, and move to Toronto with a clear conscience...which may have been their ulterior motive all along.

All the money stuff somehow reminds me of a quote Jon used to say during the DA tour in 1997/1998 (then referring to his solo band):

"You can't piss like a puppy if you wanna play with the big dogs."

Haha, classic! Had almost forgotten about that