Buffalo Bills will receive $850m from New York taxpayers to build new stadium

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Buffalo Bills will receive $850m from New York taxpayers to build new stadium

  • NFL and team will commit $550m towards new facility
  • New 60,000 capacity stadium set for 2026 completion date

State and county taxpayers will be asked to commit $850m in public funds toward construction of the Buffalo Bills’ new stadium which has a state-projected price tag of $1.4bn as part of a 30-year lease agreement reached on Monday.

New York state will commit $600m in funds, which will be in included in the budget due on Friday, Governor Kathy Hochul announced in a press release. Erie county will commit $250m toward the project, with the NFL and the Buffalo Bills committing $550m in financing.

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