New York Times Co., which is accepting bids for the Boston Globe tomorrow, is likely to fetch a price that’s about a 10th of what it paid in 1993, a sign of the industry’s deterioration over the past two decades.

The bids are set to be in the range of $100 million, according to three people who asked not to be identified.

Times Co. bought the Globe for $1.1 billion 20 years ago, mostly in stock.