Buffalo Bills will be remaining in Buffalo. There were rumors that Terry Pegula was threatening to move the team out of Buffalo, but New York’s Governor and Buffalo native Kathy Hochul said not so fast.
Hochul is expected to announce in the next several days that the Buffalo Bills new stadium will be getting a ton of funding help from the State of New York and their taxpayers.
Hochul said they would be able to find the resources.
“We’ll be able to find the resources in the budget. There’s unrestricted money, there’s money for economic development, there’s money for infrastructure. So there are various sources,” she said. “We’ll be able to identify what is needed to ensure that the Buffalo Bills stay here in Western New York.”
According to the NY Post, New York State and Erie County agree to pay nearly $1 billion toward a new $1.4 billion stadium that will be located next to the current one.
That would be the most public money ever spent on building a US stadium
Terry Pegula is a bright man, and it looks like the Bills will have a new stadium by the year 2027.