New York Gov. Kathy Hochul and Erie County Executive Mark Poloncarz reached a deal with the NFL to finance jointly the construction of a new $1.4 billion stadium for the Buffalo Bills, with New York taxpayers covering $850 million.
Under the agreement, the NFL and Bills are set to spend $550 million on the venue, Erie County will chip in $250 million, and the other $600 million will be paid for by the state. In addition, the team will remain in Buffalo for at least the next 30 years.
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