Bon Jovi and Donald Trump Might Have Violated Non-Disclosure Agreement Talking About Bills

Jon Bon Jovi Attends St Louis Rams Vs New England Patriots At Wembley Stadium

Jon Bon Jovi and Donald Trump have apparently violated a non-disclosure agreement that they signed with the Bills, according to The Buffalo News’ Tim Graham. Both prospective buyers have spoken publicly about being interested in the team, which is something that the NDA reportedly forbids, and may have dissuaded other bidders:

About 60 interested parties requested the nondisclosure agreement, a necessary first step to ensure confidentiality before reviewing the Bills’ financial information and entering a bid. But only 15 or so signed and returned them because of language that experienced businessmen and attorneys describe as restrictive and onerous.

Three sources who received the document from the Bills’ trust and an attorney familiar with sports-team transactions told The News the nondisclosure terms have had a chilling effect on the number of bids and likely has impacted former Bills quarterback Jim Kelly’s ability to get involved with a group.

The only group that is known to have bid on the team and not violated the NDA is led by Buffalo Sabres owner Terry Pegula; Bon Jovi’s wrote a letter to fans earlier this week while Trump announced his intentions to Fox News (though he sounded pessimistic about the possibility he’d win, especially by his normally bombastic standards).

In addition to not being permitted to speak publicly about wanting to buy the franchise, the “onerous” terms of the NDA also reportedly include the prohibition of talking privately to banks, or team and league officials, about the transaction.

Nevertheless, it’s doubtful that violating the NDA, in and of itself, would disqualify Bon Jovi or Trump (who’s probably only involved in all this to get his name in the news) from ultimately purchasing the team if they have the best bid.

Related: Is Jon Bon Jovi Trying to Buy the Buffalo Bills?
Related: Robert Kraft, Jon Bon Jovi and Vince Wilfork Chilled Out Together Before the AFC Championship Game
Related: Donald Trump Floats Possibility Of Becoming Next Buffalo Bills Owner

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