Buffalo Bills Stadium Cost Hits $2.1 Billion

The projected cost of the Buffalo Bills' new stadium has surged to over $2.1 billion, with team owners Terry and Kim Pegula responsible for covering the more than $560 million in cost overruns. Bills president Pete Guelli emphasized that this increase reflects their commitment to building a 'best-in-class' facility, which is still scheduled to open by June 2026. Originally estimated at $1.35 billion, the project cost has now risen significantly due to inflation and increased material and labor costs. Public funding from New York State and Erie County totals $850 million, which now constitutes about 40% of the overall cost, down from over 60% at the project's inception. The Pegulas are now liable for approximately $1.25 billion, a sum that could increase further as the project progresses. They are also exploring ways to raise additional funds, including selling personal seat licenses and a minority share of the franchise.