clock menu more-arrow no yes

Filed under:

Buffalo Bills owners Kim, Terry Pegula thinking downtown stadium

New, comments

With the Pegulas about to take over as owners of the Buffalo Bills, speculation is beginning to ramp up about their future stadium plans.

Timothy T. Ludwig-USA TODAY Sports

We're only a bit over 24 hours away from that point in time when Kim and Terry Pegula are confirmed as owners of the Buffalo Bills, and already word is starting to spread about their plans for a new Bills stadium.

In his weekly Monday Morning Quarterback column published on Monday, Peter King included the following blurb regarding the stadium rhetoric in NFL circles:

He’s buying the Bills for $1.4 billion, almost $500 million more than their appraised value, and word on the NFL street is he’d like to oversee construction of a new stadium in downtown Buffalo, near the hockey arena where his Sabres - he owns them too - play.

This is an idea that has been on the speculation table for months, and from the Pegulas' perspective, it would make a great deal of sense for their two pro sports properties to share turf in the heart of the city. For now, however, the team is tied to Ralph Wilson Stadium through the 2022 season thanks to a 10-year lease signed in December of 2012.

It's in that stadium that the Pegulas could very well be introduced as Bills owners this coming Sunday, prior to or during a critical home game against the New England Patriots.