Back in August, we learned that bond guru Jeffery Gundlach was "preparing a possible bid" for the Buffalo Bills, his hometown team. When yesterday it was reported that the organization had reached an agreement with Sabres owners Terry and Kim Pegula who offered $1.4 billion to become the new owners, we wondered how Gundlach would take the news. After all, this is a man known for getting what he wants, be it his art back from the crooks who stole it, for people to address him as the Pope, the satisfaction of throwing a party specifically designed to tell his former employer to suck it, or a vintage edition copy of Ass Traffic Vol. 49. To that end, he has never bit his tongue when commenting on a situation in which he felt he was done dirty or that others were in the wrong. So it was surprising to read the statement he released today, in which he sounded curiously upbeat about losing out on the team.

"As someone who was born and raise in Buffalo, the news today that the Pegulas will be the next owners of the Bills could not be more welcome and exciting. Terry and Kim's commitment to the city of Buffalo is emblematic of the great pride so many Western New Yorkers take in our region, our history, and the heritage that is the Buffalo Bills.

While it's possible Gundlach believes the Pegulas are the best people for the team, at the same time this may simply be a case of relief: as previously noted, he already wears a lot of hats (bond trader, criminal investigator, party planner, art lover, porn aficionado) and adding one more would've probably been spreading himself too thin.

Jim Kelly, Jeffrey Gundlach release statement on Terry Pegula owning Buffalo Bills [Syracuse]

Earlier: Jeff Gundlach May Add New Title To His Résumé