Bills close in on deal for new stadium

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When it comes to building a new stadium in Buffalo, it’s almost time to destroy a table.

According to Ben Fischer of Sports Business Journal, a deal is “nearly at hand” to build a new home for the Bills.

Per the report, the various parties are closing in on a cost-sharing arrangement “that would be among the most team-friendly splits in recent NFL memory.” In other words, the billionaires once again will be sticking someone else with the bulk of the tab for their brand-new venue.

The deal isn’t done, and nothing is ever done until it’s done. But it’s getting there. And the total public contribution could exceed more than $1 billion, with roughly $850 million going to the actual stadium construction costs.

At a time when fewer and fewer citizens believe taxpayer money should be devoted to the playgrounds of the American oligarchs, the ability of Bills owners Terry and Kim Pegula to shake so much cash out of the public coffers is impressive. Even if some Western New York residents would call the commandeering of so much public money for the project depressing.

But it would be even more depressing to lose the team. And the simple fact remains that, if Buffalo and Erie County weren’t willing to foot most of the bill, some other city/county/state would, if that means luring an NFL team to town.

65 responses to “Bills close in on deal for new stadium

  1. Welfare for billionaires who probably pay less in federal income taxes than your average working man who probably won’t be able to afford to pay for tickets to the stadium he’s paying for. And yet we have politicians who’s main goal is yet another tax cut for billionaires.

  2. I hate how teams, basically, hold places hostage so they can get taxpayers to pay for building their stadiums. It’s just not right.

  3. Bills fans 2 years ago: “I would rather the team leave and play in Toronto than to pay for a stadium, we will never fund their stadium. Way to stick to your guns Bills fans. You folded faster than your team did with 13 seconds on the clock.

  4. So who controls the stadium in the end, the city, county or Pegula’s. That is something that should be made public.

  5. Public contribution exceeding a billion with construction costs at $850M? So there’s another $150M for what? Money in the Pegula’s pockets? It is insane to me that this is OK with any municipality. Promises made on increased tax revenue that never comes in and the citizens of the municipality are left cutting funding for jails and infrastructure for decades to come to pay off the bonds.

  6. Nice business model! Suck for 30 years, then demand a taxpayer funded new stadium as soon as you become competitive.

    Poor people of Buffalo have no other entertainment options so they have to pay up.

  7. I absolutely hate the narrative that “this sucks, but if they didn’t buy the team a new stadium someone else would”.

    While this may be true, it lets owners and the NFL off the hook too easily. This exceedingly successful entity holds communities emotional-hostage with these situations. And the ever-greedy owners have a no-lose situation. They either get what they want, or they find it elsewhere.

    But this lesson should be absorbed by every NFL fan – remember, the NFL is “family”, right? Us fans are just grist for the mill – we mean nothing, we are here to be exploited. That’s just a fact.

    And I’m happy for Bills fans, but at the same time this stuff is such nonsense. It’s corporate welfare and its inexcusable.

  8. The average yearly property tax paid by Erie County residents amounts to about 4.98% of their yearly income. Erie County is ranked 81st of the 3143 counties for property taxes as a percentage of median income.

    The median property tax in Erie County, New York is $3,120 per year for a home worth the median value of $117,700. Erie County collects, on average, 2.65% of a property’s assessed fair market value as property tax.

    Erie County has one of the highest median property taxes in the United States, and is ranked 145th of the 3143 counties in order of median property taxes.

    Whats another 1 billion? At least they get something for the new taxes, right?

  9. Your last paragraph says all that needs to be said. No different than helping Amazon build warehouses or car manufacturers build plants. You either pony up or guess what someone else will and they will get they jobs and tax revenue that comes with it…

  10. Why is there so little talk of the financial impact of an NFL team in your city? It is pretty significant.

  11. Bob Kraft paid for his own stadium….. Why can’t these other owners do the same?

  12. The Bills are New York’s only team. Thanks NY State and governor Hochel for helping the Buffalo Bills stay in Buffalo.

  13. The annual revenue these NFL teams create for local businesses is well worth the investment by local taxpayers. About 5 years ago a study was done for the NFL city I’m in,… it estimated the impact for local business was $140 mil per season incl training camp,… That’s just hotels, bars and restaurants, local amusements and tourist shopping.
    You can’t ignore that. And those businesses have to gear up with employees to better serve those visitors. It’s a Win Win for the local economy.

  14. The average Buffalo fan can’t afford to GO to the Bills game ,but they can proudly hold up their tax bill showing their team support!!!!

  15. Buffalo has no entertainments options? The amount of ignorance on message boards is staggering. Buffalo NY, for example, is one of the premiers stops for every major concert & has been for over 70 years. Outstanding music city!

  16. Whining about teams holding cities hostage suggests a lack of understanding of commerce, municipal funding and football. The trifecta!

  17. There’s a reason why wealthy businessmen want to become an NFL owner. Stadiums, incredible tv contracts, etc. etc. and the franchises just continue to go up and up in value.

  18. NYS yearly budget is over $215B for 2023, if they were to finance the whole thing in one year, it would be less than 0.5% of the year. About time some money went upstate

  19. I would rather see my team leave its community than raise the taxes on the its citizens. Not everyone cares about the team and the tax revenue it brings in isn’t what they sell it to be. Surrounding property values suffers and most of the jobs it provides are below the average salary. If you can’t afford the stadium the owner should be forced to sell the team.

  20. oldgrouch says:
    March 4, 2022 at 9:52 am
    Welfare for billionaires who probably pay less in federal income taxes than your average working man who probably won’t be able to afford to pay for tickets to the stadium he’s paying for. And yet we have politicians who’s main goal is yet another tax cut for billionaires.

    You obviousvly have no concept how much revenue is generated for the local community by a stadium and NFL team. A billion dollars is worth every penny to the surrounding community.

  21. This is very well timed. No chance and MORE than coincidence that the Pegulas are leveraging the taxpayers when the Bills are a legit title contender. Under normal Bills circumstances, Bills fans would be calling their bluff. Josh Allen is putting billions (in franchise value, and more so once a stadium is approved) into the Pegula’s pockets, hope he gets his.

  22. I’ve lived in St Louis and San Diego, so I know how it feels to see a team you cheered forli move on. I attended Football Cardinals games with my Dad; I took my son’s to San Diego Chargers games. It’s a little like having your childhood memories taken away. You don’t cheer for the billionaire owner, you cheer for your community, the team representing your hometown.
    I’m glad that Buffalo got to keep their team….I see the old AFL cities, and so many play in other cities now….Chargers went to LA (okay, they played 1 season there before going to San Diego, but what have they won in LA?) the Oilers play in Nashville, the Dallas Texans are the Kansas City Chiefs, the Raiders left Oakland twice. The Jets play in Jersey instead of New York, and Patriots moved to the Boston suburbs.

  23. “The annual revenue these NFL teams create for local businesses is well worth the investment by local taxpayers. About 5 years ago a study was done for the NFL city I’m in,… it estimated the impact for local business was $140 mil per season incl training camp,… That’s just hotels, bars and restaurants, local amusements and tourist shopping.
    You can’t ignore that. And those businesses have to gear up with employees to better serve those visitors. It’s a Win Win for the local economy.” So if I’m just a schmuck down the road, how does this constitute a “Win” for me? My taxes go up, they actually raised the “county” sales tax by 1%, I do not use the stadium, I can’t afford NFL prices, and I don’t own or work in a hotel, bar or restaurant. I remember when there was a ballot question concerning the funding of Pittsburgh stadiums that the voters voted down so the politicians went to Plan B and did exactly what the voting public voted down. Profits from these stadiums and the food and parking concessions should be shared with the general public unless, like in New England’s case, the owner paid for his own stadium and should reap the benefits.

  24. Buffalo just buffaloed. There are zero independent, extensive, studies that show public funding of a sports stadium to be financially beneficial to anyone but the owner. Unless the funding contract mandates 100% of the construction be done by local companies and local employees (and how many such companies are there in Buffalo with stadium construction experience?), the only “jobs” creation will be minimum wage service jobs for 9 days a year. And the only tax revenues raised will be revenues that would have been raised anyway from people who would otherwise have gone out and done something else, like dining and movies and concerts.

    That’s $1billion in opportunity lost to do many other things, all for the sake of civic pride.

  25. THIS is the kind of stuff the “so-called” fiscally conservative politicians should be having a fit over! They hate it when the government helps working-class and poor people make a better life for themselves while getting a front row seat with popcorn to watch the BWC: Billionaires Welfare Club poach the people time after time. If you can’t afford to open the store, don’t buy the product. You don’t see community grocers getting 99% of the building expenses to keep them from going to another community. Why these rich, and many times, RACIST NFL owners get blank welfare checks is beyond me. And as people have stated, the fans won’t be able to even afford the damn ticket! The prices for everything–from parking to hot dogs to merchandise are going to go through the roof and the team will benefit–AGAIN! So, it’s double-dipping: robbing the public with a free stadium that’s only going to be used 10-12 days per year, then robbing them of concessions! Poor Bills fans. Just say no to CORPORATE WELFARE!!!

  26. Totally understand people being upset about billionaires getting public funding for new stadiums, but this happens in any business. Areas need to figure out if providing funding or tax breaks to keep or attract an organization will help or hurt local economy in the long run. Teams and businesses will always look for the best overall option. Think of Amazon pulling out of their NY expansion in 2019 – initially would have cost NY about 3B, but it would have been well worth it in the long run. It depends on how much they figure the upside will be vs. the cost on both sides.

  27. There are a finite number of NFL teams. Currently that number is 32, and there are 30 NFL stadiums in use. No locality is owed a team – and the tax revenue that comes along with having a team (Players salaries/payroll taxes; sales tax from tickets and merchandise; shares of parking, etc. Does this mean that cities owe the teams stadiums? Of course not. But just like non sports corporations pit states or localities against each other looking for a deal when discussing where to locate offices or headquarters – this is no difference.

    Buffalo owes the Bills zero. But then again, the Bills owe Buffalo the same. If another locale offers the Bills a better deal, why shouldn’t they consider it?

  28. “The Bills are New York’s only team. Thanks NY State and governor Hochel for helping the Buffalo Bills stay in Buffalo.”
    ____________________

    Finally, a good comment on this.

    The Bills are staying in Buffalo, long term. That’s the only story I see. Well, that and that they’re going to be contending for a SB (not as long term, but for many years ahead).

  29. Same old whining about taxpayers paying for stadiums for the super wealthy. Yet the majority of voters in every city in the country without an NFL team would vote to build a stadium tomorrow if they could land a team. Hate the NFL if you want. But it is an absolute juggernaut with no signs of slowing down

  30. All politics are local. And if a locality and State decide on building a Casino, park or Stadium….it comes down to the voter in those areas.

    32 NFL teams, all bring national prestige to their communities.

  31. So….who owns the stadium?
    If the Pegula’s decide they no longer wish to remain owners – do they walk away with an extra billion in their back pocket?

  32. The bottom line for hardcore let’s not pay for Billionaires stadiums! If you don’t St.Louis, Charlotte, Boise, or someone will. Then on Sunday during football season Buffalo fans can sit home and stair at the wall! If you are lucky enough to have a team, you do whatever it takes to keep it! The Milwaukee Bucks had a similar situation a few years back! Now they are NBA champions!

  33. vbbills says:
    March 4, 2022 at 10:36 am
    Buffalo has no entertainments options? The amount of ignorance on message boards is staggering. Buffalo NY, for example, is one of the premiers stops for every major concert & has been for over 70 years. Outstanding music city!

    ————

    Ahh yes, when I think great American music cities, I think New Orleans, Chicago, New York and Buffalo…

    All my favorite rock albums are “live from Buffalo” Lol!

  34. When they’ve been mediocre for so long, the fact that they’re putting a winning product on the field, makes it so much easier to soak the public for all they can. Had this been on the table at anytime from 2000-2018, I don’t think the public and/or public officials would be so willing to pick up the tab. And this fight would have been a lot more difficult. Winning cures everything, even billion dollar tabs…..

  35. So if I’m just a schmuck down the road, how does this constitute a “Win” for me? My taxes go up, they actually raised the “county” sales tax by 1%, I do not use the stadium, I can’t afford NFL prices, and I don’t own or work in a hotel, bar or restaurant.
    _________

    Wow, your sales tax went up a whopping 1%! What is that costing you, perhaps an additional $25 a year?

    Not being able to afford NFL prices is a you problem. Why should your neighbors be denied a team and a modern stadium complex because of your inability to compete?

  36. First and foremost, the cities don’t own the teams. The owners own their teams. They will use any and all capabilities to earn as much money as possible That is what all businesses do. If a city doesn’t want to pay for a stadium for a team, their are another 10 cities out there who will. St. Louis (twice lost NFL teams), San Diego, and all lost teams when they wouldn’t dance with the owners. Los Angles (Rams & Raiders),Houston (Oilers), Baltimore (Colts) and Cleveland (Browns) lost teams and had to pay the piper and either get expansion team or take from another city their team. The NFL will not be expanding anytime soon. They have 32 teams divided between two conferences and 8 divisions. Their goal is an 18 games season. If you want to retain your team you will pay for a new stadium when the owners come calling. Their are many cities just waiting to pounce onto a team if the team is willing to move and can offer them a new stadium.

  37. gibson45 says:
    March 4, 2022 at 12:16 pm
    So if I’m just a schmuck down the road, how does this constitute a “Win” for me? My taxes go up, they actually raised the “county” sales tax by 1%, I do not use the stadium, I can’t afford NFL prices, and I don’t own or work in a hotel, bar or restaurant.
    _________

    Wow, your sales tax went up a whopping 1%! What is that costing you, perhaps an additional $25 a year?

    Not being able to afford NFL prices is a you problem. Why should your neighbors be denied a team and a modern stadium complex because of your inability to compete?

    ————-

    What about his neighbors that don’t even like football? Why should they be made to finance a football stadium?

  38. I’m okay with cities giving up land and maybe paying the freight for the needed traffic improvements but the taxpayer paying for construction is ridiculous.

    Elections have consequences…

  39. It’s amazing how many people are bashing the Pergulas after they prevented Buffalo from becoming a ghost town. Maybe they should contact Bon Jovi – I’m sure he’s be happy to take the Pergulas place. They’re businessmen – What do you expect – They just shell out One Billion dollars out of their own pocket. Wake up and stop crying about the few dollars it’s gonna take out of your pocket to help support your sports team. Thank you Pergulas for all your help.

  40. Haven’t seen the location or site plan detail, but if its situated outside the downtown and the plan does not include a significant adjoining commercial office, hotel, entertainment and retail concourse then the majority of the economic impact on the local and county economy will be realised only through the one-time capital construction cost. Here’s hoping another $1.5 billion is invested in commercial development to enhance the multiplier on this project, above the government part of the P3.

  41. So the Bills will get a new house, stick the costs on taxpayers and play half their games in Toronto?

  42. “At least they get something for the new taxes, right?”

    Well, yes they get keep their home team in Buffalo. But what percentage of those Bills fans will ever be able to afford to step foot in the stadium? Considering the profitability of the team and the net worth of the owners, having taxing the public for part of the cost of a new stadium is outrageous, though hardly surprising.

  43. Sounds like New York will get to keep the only football team they have. Can you imagine if the Bills were from Jersey too!

  44. Should be a year round dome facility in the city! Instead it will be used 10 times a year in the suburbs.

  45. This is exactly the hallmark of every Blue city everywhere – screw the poor & middle class while convincing them you’re actually “for” them, while giving handouts to Billionaires.

    Then accuse the other guys of being the ones too close to “the rich.”

    And people keep falling for it.

  46. Buffalo is a highly underrated metropolitan area. In thirty years many folks will be wishing they lived in WNY, Cleveland, Detroit and other cities on the Great Lakes. It’s all about water in the future. And livable conditions. It’s ironic that the US (& world) are just now beginning to see the climate effects associated with the eradication of the American Buffalo & the great plains 130 years ago.

  47. For the record Erie County owns the current stadium…The primary lease holder is offering to help replace the stadium that the county uses for other events, like concerts. The revenue form theses events (and Bills games) contribute to the tax base. Let’s not forget all people that have jobs at these events…We all know WNY could use a few more of those.

  48. nhpats2011 says:
    March 4, 2022 at 1:06 pm
    gibson45 says:
    March 4, 2022 at 12:16 pm
    So if I’m just a schmuck down the road, how does this constitute a “Win” for me? My taxes go up, they actually raised the “county” sales tax by 1%, I do not use the stadium, I can’t afford NFL prices, and I don’t own or work in a hotel, bar or restaurant.
    _________

    Wow, your sales tax went up a whopping 1%! What is that costing you, perhaps an additional $25 a year?

    Not being able to afford NFL prices is a you problem. Why should your neighbors be denied a team and a modern stadium complex because of your inability to compete?

    ————-

    What about his neighbors that don’t even like football? Why should they be made to finance a football stadium?
    _____________

    What about his neighbors who don’t have children but still pay school taxes? Should we have an uneducated populace just because some people are childless?

    What about his neighbors who don’t drive? Should their tax money not be used for road improvement?

    What about his neighbors who never call the police? Should public protection be paid for only by crime victims?

    What about his neighbors who need emergency medical services? Should ambulances be paid for only by those with medical emergencies?

  49. Put a roof on it. Bills have built a team that is pass first. QB signed for next 8 years. Plus they play better on the road in good weather conditions. Without a roof, zero chance of hosting a Super Bowl. Spend the extra cash and build it right.

  50. NY State taxes will be funding most of it, not Buffalo or Erie County.

  51. Approval to spend the money needs to be a ballot measure. But … that’s why the Chargers left San Diego. Politicians and Spanos made a deal that the good citizens of San Diego refused to approve. Politicians love things like building a new stadium. So many contracts to award and backroom deals to make.

  52. The county owns the current stadium, I’m sure that not changing was one of the contingencies the governments asked for before committing the public money

  53. Reports are that the primary lease holder is paying over 40% to replace a stadium that the county owns. This is a good deal for all parties involved, and can’t wait to go to events (such as Bills games) there in 2026. Seeing the Who perform Tommy live at “Rich Stadium” is one of my fondest memories of that building…That & the snow game against Miami where Eric Moulds caught an underthrown pass from Drew Bledsoe…The ball bounced off two defenders if I recall before Moulds grabbed it, running backwards.

  54. Surely the Pegulas will give all Buffalo citizens, who pay the taxes, 50%discount on beer, parking and tickets!

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