Here's a link to an update on the current status of the sale... Morgan Stanley is desperately trying to get a bidding war going, and failing. At this point it seems to be attempts to squeeze as much out of Pegula as possible.
http://blogs.canoe.ca/krykslants/nfl...m-sources-say/
FWIW, John Kyrk from the Toronto Sun has broken pretty much every story about the sale. He's a great follow if you're interested in staying in touch.
The NFL and their threat of relocation to major cities is such BS. In Buffalo's case the trust is trying to keep the Toronto threat alive and giving them exceptions to rebid just to squeeze more out of the local buyer who has already bid an NFL record amount for the team, and nearly 50% more than their recent Forbes valuation.