BUFFALO, N.Y. (AP) – State and county taxpayers will be asked to commit a record $850 million in public funds toward construction of the Buffalo Bills’ new stadium as part of a 30-year lease agreement.
The project has a total estimated price tag of $1.4 billion.
Gov. Kathy Hochul announced in a press release the state will commit $600 million in funds which will be included in the budget due Friday.
Erie County will commit $250 million, with the NFL and the Buffalo Bills committing $550 million.
The dollar amount is considered to be the largest public commitment for an NFL facility.
Copyright 2022 The Associated Press. All rights reserved.