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BUFFALO, N.Y. -- The sale of the Buffalo Bills entered the next phase with prospective ownership groups, including Donald Trump, meeting with team officials to prepare formal bids. Two people familiar with the sale process confirmed to The Associated Press on Thursday that the New York real estate mogul was the first to receive a presentation. Trumps meeting was held in the Detroit-area on Wednesday. Buffalo Sabres owners Terry and Kim Pegula and a Toronto group fronted by rocker Jon Bon Jovi also have scheduled meetings. The people spoke on the condition of anonymity because the sale process is private. The Bills are on the market after Hall of Fame owner Ralph Wilson died in March. The Buffalo News first reported the development on its website. During the meetings, prospective buyers receive extensive financial and background information on the franchise. Bids are expected to be submitted within three weeks. A prospective owner is expected to be identified by the end of next month, and then presented to NFL owners for approval at league meetings in New York in early October. Bills president Russ Brandon is involved in making the presentations on behalf of Morgan Stanley, the banking firm hired by Wilsons estate to oversee the sale. Hall of Fame quarterback Jim Kelly and his brother Dan Kelly, who runs the familys business interests, are also involved in the meetings. Though the Kellys have expressed interest in purchasing the team, its unclear if they have submitted a bid. The Pegulas and Trump are considered the front-runners. Both have the assets to complete what is expected to be a $1 billion-plus purchase, and they also have expressed a commitment to keep the Bills in western New York. Terry Pegula was last valued by Forbes to have a net worth of $3.3 billion. That was before Pegula closed a $1.75 billion deal on Tuesday to sell about 75,000 acres of drilling rights to American Energy Partners. Trump was last valued with a net worth of $3.9 billion. That does not include his holdings in numerous properties, including several high-profile golf resorts he recently purchased. The Bon Jovi-fronted group is made up of Toronto-based partners, Larry Tanenbaum, chairman of Maple Leaf Sports and Entertainment, and the Rogers family, which controls Rogers Communications. However, its unclear whether Bon Jovi has the liquid assets to buy the Bills if the sale price goes above $1.2 billion. Under NFL rules, a principal owner must have enough cash and use no more than $200 million in debt-financing to hold a minimum 30 per cent ownership stake. Forbes most recently valued Bon Jovis net worth at $290 million. Bon Jovi also faces questions about his long-term intentions to keep the team in the Buffalo area, which is a prerequisite in the sale process. Last weekend, Bon Jovi had a letter published in The Buffalo News stating that his objective was "to carry on the legacy of Ralph Wilson and make the Bills successful in Buffalo." He didnt state in the seven-paragraph letter that he was committed to keeping the franchise in Buffalo. The letter was received with some skepticism in Buffalo and among Bills fans. The commitment Bon Jovi provided was working with state and local officials to identify a site for a potential new stadium. Under the current lease, reached in December 2012, the Bills would incur a $400 million penalty for broaching the prospect of moving during the 10-year agreement. There is a one-time exception that would allow the Bills to break the agreement for just under $28.4 million in 2020. Nike Air Max 270 Black And White . Fognini won 7-5, 6-2, 6-2 after Argentinas Carlos Berlocq had beaten Andreas Seppi 4-6, 6-0, 6-2, 6-1 on the outdoor clay surface. 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In Europe, top teams seem to be largely happy with their squads after spending nearly $1 billion in the off-season. And although English league clubs are unlikely to splash cash in January, Arsenal and Chelsea could be tempted to strengthen their squads with new strikers.Texas Rangers left-hander Derek Holland will miss the start of the season after having arthroscopic surgery Friday on his left knee. Holland injured his knee in a fall on stairs in his home on Tuesday. "I am devastated by this injury. It was a freak accident at home that resulted in a hard fall on my knee," Holland said in a statement released by the team. "As upsetting as this is, my goal is to begin rehab and get back on the mound as quickly as possible." General manager Jon Daniels said team physician Dr. Keith Meister repaired cartilage behind Hollands kneecap during the surgery. Daniels said no ligaments needed to be repaired. Daniels said it was too early to have an exact timetable for Hollands return, but is that the 27-year-old lefty is "expected to miss some time into the year." Daniels said for planning purposes, the Rangers are looking at a midseason return, but are hopeful that it can be earlier than that. The Rangers said Holland will have only limited activity over the next six weeks. Holland was 10-9 with a 3.42 ERA in a team-high 33 starts last season. He pitched a career-high 213 innings. In five major league seasons with the Rangers, Holland is 49-38 in 141 games (123 starts). He is under contract through 2016, with club options for two more years after that. WWithout Holland, the Rangers still appear to have Yu Darvish, Matt Harrison, Martin Perez and Alexi Ogando set for the rotation to start the season.dddddddddddd Asked about filling Hollands spot, Daniels said he expected to add some pitching depth, but clarified that would be "more in the depth category than really replacing somebody at the front-end of our rotation." Daniels never specifically mentioned Masahiro Tanaka, the Japanese free agent who was 24-0 with a 1.27 ERA in 27 starts last season. But the GM said it didnt seem realistic that a "big-ticket item" would be the answer. "This is an opportunity for a number of our guys," Daniels said. "Were going to go out and hopefully fortify that group and give ourselves some additional options and expect Derek will be back midyear." Daniels, though, has said previously when asked about Tanaka that the team would do its due diligence with any free agent. After the Rangers signed outfielder Shin-Soo Choo to a $130 million, seven-year contract last month, team co-owner Bob Simpson said adding Tanaka "would be a tough thing." The Rangers payroll is expected to be over $130 million this season, more than double what it was when the ownership group took over nearly 3 1/2 years ago. ' ' '