Buffalo Bills announce 30-year deal for new $1.4 billion stadium
Per NFL.com, The Buffalo Bills have reached an agreement with the state of New York and Erie County on a 30-year lease for a new $1.4 billion stadium in Orchard Park.
“We took another step today to solidify our collective goal of constructing a new stadium for the Buffalo Bills in Orchard Park,” the team said in a statement. “We are grateful for the time, efforts and unwavering commitment made by Governor [Kathy] Hochul and her team throughout this process. While there are more hurdles to clear before getting to the finish 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 for the new stadium, which will be open air and projects to seat 62,000, is scheduled for the spring of 2023 with a targeted completion date of 2026, NFL Network’s Cameron Wolfe reported, via Pegula Sports EVP Ron Raccuia.