Why is the sale of the team taking so long?

[Eazy-E]

The only situation that I can think of similar to this was the Clippers. I know details of the accusations are unknown and JR decided the sell the team before the NFL stepped in so it isn't exactly the same. (no one is sure that the NFL would force him to sell anyways) It has been what, 3 months now? We pretty much know nothing. Steve Balmer was in place to buy the Clippers within 30 days of the news breaking but the sale wasn't finalized because Sterling refused to sell the team.

Am I missing something? I would think a sports franchise is a hot commodity since they are so limited and people would be lining up to bid on it.

What's the hold up?

[Moo Daeng]

At 2 billion dollars things take some time. It takes much longer than this for even simple vendor contracts to be ironed out in the corporate world.

 

[Moo Daeng]

For example, a year plus to select a software vendor, etc.

[The Huddler]

Everyone involved is retarded

[pantherclaw]

The Titans have been for sale for 2 years. 

3 months is nothing.

[Eazy-E]

1 minute ago, pantherclaw said:

The Titans have been for sale for 2 years. 

3 months is nothing.

Only a 3rd of the team is being sold and it is not for controlling power of the team. I doubt many people would want to spend 500+ million dollars and have no control over what they just purchased. 

[pantherclaw]

Might want to go read, so you can get your facts straight.

[DaveThePanther2008]

22 minutes ago, pantherclaw said:

The Titans have been for sale for 2 years. 

3 months is nothing.

I don't know the Titan situation but there are quite a few bidders in Panther sale.

i have also heard that the price of 2.3 billion might be surpassed so it isn't a matter of money. 

A bid needs to be accepted and move on.

[Mother Grabber]

because it’s all just a smokescreen, just like our GM “hunt”

[Eazy-E]

29 minutes ago, pantherclaw said:

Might want to go read, so you can get your facts straight.

What facts are you questioning ?

[Eazy-E]

12 minutes ago, Mother Grabber said:

because it’s all just a smokescreen, just like our GM “hunt”

So let’s say JR is cleared and he decides he no longer wants to sell the team. Does the NFL step in?

[CarolinaSamurai]

It's being sold. Just privately and the only time we will hear anything publicly will be when it's sold and the other GMs gotta vote on it in one of the league meetings. So expect it to come out before one of the two league meetings this year. 

[Udogg]

Probably because all the money is in his savings account.  So he can't use his ATM card. 

[Moo Daeng]

Why don't enormous business that I have no understanding of happen on a time scale that that is more entertaining to me?