Due to significant losses to Bernie Madoff, the owners of the Buccaneers have been forced to run the team on a minimal budget, according to WDAE-AM's Dan Sileo, and may lead to the team's sale. The Glazer family, owner of the Buccaneers since 1995, has been criticized for cost-cutting measures and the team's winless start. Forbes' 2009 NFL valuations rank the Bucs as the eighth-most valuable franchise, at $1.085 billion. When Malcolm Glazer bought the team in 1995, it was for a then-record $195 million.