How Fracking Bought the Buffalo Bills (Yes! more good NFL news)

[underpants]

http://www.nationaljournal.com/energy/how-fracking-bought-the-buffalo-bills-20140909

September 9, 2014 A victor has been crowned in the bidding war for the Buffalo Bills: Terry Pegula, an American businessman who made his fortune in fracking, has inked a deal to buy western New York's beloved sports team for close to $1 billion.

Pegula, meanwhile, has sunk millions of dollars into the western New York region and won favor with local politicians and area residents as a result.

His net worth is estimated at $3.3 billion. To boost his chances of winning ownership of the Buffalo Bills, the billionaire sold off some of his natural-gas holdings to the tune of nearly $2 billion in August.

Pegula isn't shy about where his wealth comes from, either. After capturing the Sabres, he famously defended himself against charges that he planned to profit from the team, saying, "If I want to make some money, I'll go drill a gas well."

[Cooley Hurd]

1. ...and our illustrious Governor just loves him:

http://www.poughkeepsiejournal.com/story/news/local/new-york/2014/09/12/new-bills-owners-riches-come-fracking/15540889/

ALBANY – During a campaign stop Wednesday in Buffalo, Gov. Andrew Cuomo heaped praise on Terry Pegula.

And with good reason: Pegula and his wife, Kim, had just reached a tentative $1.4 billion deal to buy the Buffalo Bills and keep the football team in western New York.

"Now, God bless Terry Pegula," Cuomo told the crowd. "Start making the statue of Terry Pegula right now. And make it big."

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