Isn't it always about this time of year we discuss rumors of an upcoming bid? See if this sounds familiar:
Dec: Rumor of bid in Jan/Feb timeframe.
Mid Feb: Bid not ready yet, bean counters are still fine tuning the numbers.
Late Mar: Bid will be out any day. Waiting for next year's flying hour projection from bean counters.
Early May: Still no bid. Various conspiracy theories spread over APC.
Late Jun: Small bid that in no way resembles the Dec rumor is released.

Mark your calendars sportsfans, next bid will be released 24 Jun at 1701L Memphis time.