The deal includes a 30-year commitment for the Bills to remain in Buffalo, and a combined $550 million from the NFL and Bills, which was approved Monday by NFL owners. The Governor will advance a $600 million proposal in the state budget, and Erie County will contribute $250 million. That total share of publicly financing adds up to 60.7% of the funding required to build the stadium.
"Just comparing where we were in the past, when this stadium was originally built in 1973, 100% of that was financed by the public. Even the renovations in 1998, 100% financed by the public sector. And our financing back in 2013 when the renovations were made, that was 73%," Gov. Hochul explained. "We negotiated hard, we drove those numbers down, and now our state share is 43% and the public share overall is only 60.7%."