The Buffalo Bills will officially be getting a new stadium.
The Bills, New York State, and Erie County came to an agreement Monday for a new $1.4 billion open-air stadium in Orchard Park, according to Governor Kathy Hochul.
Here’s how the stadium will be funded:
- New York State: $600 million
- Erie County: $250 million
- NFL and Buffalo Bills: $550 million
“I went into these negotiations trying to answer three questions – how long can we keep the Bills in Buffalo, how can we make sure this project benefits the hard-working men and women of Western New York and how can we get the best deal for taxpayers?” Governor Hochul said. “I’m pleased that after months of negotiations, we’ve come out with the best answers possible – the Bills will stay in Buffalo for another 30 years, the project will create 10,000 union jobs and New Yorkers can rest assured that their investment will be recouped by the economic activity the team generates.”
Team owners Terry and Kim Pegula also released a statement:
“We took another step today to solidify our collective goal of constructing a new stadium for the Buffalo Bills in Orchard Park. We are grateful for the time, efforts, and unwavering commitment made by Governor Hochul and her team throughout this process. While there are a few more yards to go before we cross the goal line, we feel our public-private partnership between New York State, Erie County led by County Executive Mark Poloncarz, and the National Football League will get us there.”
The official groundbreaking is scheduled for next spring and aiming for a 2026 completion, per Pegula Sports EVP Ron Raccuia.
Kyle leads sports coverage and hosts the Concrete Jungle podcast. Have a lead or question? Send it to [email protected].