One of the most popular items of discussion among Buffalo Bills fans is whether the team will look to build a new stadium in the near future. The site currently known as New Era Field has been home to the Bills since 1973, and many expected owners Kim and Terry Pegula to explore new stadium options once they took over the team. While the Pegulas have consistently stated that they would explore all options, Kim cast a bit of doubt on the possibility earlier this week.
Pegula spoke with Vic Carucci of The Buffalo News specifically on the topic, and she was very open in her comments. Pegula was rather direct in her comments when she noted, “We don’t have a billion-and-a-half dollars sitting around. We used it to buy the team.” The Bills’ current lease is in place until 2023, and the team has the opportunity to opt out in 2020.
Buffalo County executive Mark Poloncarz weighed in on Twitter, sharing the following in response to the Buffalo News article:
“I’ve been saying this for years. Recently built stadiums are approaching $2 billion. That is a ridiculous amount of money to spend for just a stadium if you think about all the other needs a community has to address. I’m glad Kim Pegula said publicly what all with the team knew.”
It remains to be seen what the Pegulas will do related to the home of the Buffalo Bills, but for now, it looks as if the team may choose to stay at New Era Field.