• Loading stock data...
Friday, October 17, 2025

Bills Making, Spending Plenty of Cash Ahead of New Stadium Opening

The Bills are still on schedule to open their new Highmark Stadium in 2026. That’s meant some new money coming in, but also lots of money being spent.

Detroit Free Press

The Bills have brought in a lot of extra cash recently.

Ownership, led by CEO and president Terry Pegula, received roughly $1 billion in December when the team sold minority stakes totaling about 20% of the franchise at a $5 billion valuation to new investors, including private equity firm Arctos Partners.

And with a new Highmark Stadium opening in 2026, the Bills have also sold at least $129 million in personal seat licenses for the venue, according to The Buffalo News

But the Bills are going to spend a lot of money, too.

The cost of building their new stadium was originally projected to be $1.4 billion, with $850 million in public funding. By the end of 2024, that forecasted total had already surpassed $2.1 billion. Now, the Bills are seeking an exception to NFL debt limits to borrow $650 million with the stadium projected to cost at least $2.2 billion, according to Sports Business Journal. Buffalo had previously planned to borrow $200 million as part of the league’s G-4 stadium financing program.

Additionally, the Bills said in a statement Thursday to The Buffalo News that the team is “closely monitoring” land development around the new Highmark Stadium, which could include more commercial and residential projects.

On-Field Costs Rising, Too

The Bills will be on the hook for another high-profile expense soon. 

Josh Allen’s six-year, $258 million contract extension runs through 2028, but with the 2024 NFL MVP’s $43 million annual average salary ranking 14th among quarterbacks, a raise is likely in store (all figures via Spotrac).

When NFL teams give players guaranteed money in contracts, the franchise has to put those funds in escrow. So any additional guaranteed funds that Allen may secure in the coming years will be more immediate cash Buffalo ownership has to account for. Cowboys quarterback Dak Prescott currently has the highest annual salary at $60 million per year.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Hansi Flick

Barcelona Players, Coach ‘Not Happy’ About Miami Game

La Liga is on the verge of relocating a December match.
Cignetti

Curt Cignetti Lands Third Contract in Just 19 Games With Indiana

Cignetti signed a new contract five days after Indiana upset Oregon.
Aug 30, 2025; Columbus, Ohio, USA; Ohio State Buckeyes wide receiver Brandon Inniss (1) attempts to make a catch over Texas Longhorns defensive back Graceson Littleton (29) in the first half at Ohio Stadium.

SEC Games Help ABC Dominate College Football Ratings at Midseason

Texas–Ohio State on Fox remains the most-watched game of the season.

Steelers’ Shared Stadium With Pitt Comes Under Fire for Bad Turf

The conditions at Acrisure Stadium have been subpar this season.

Featured Today

May 25, 2025; Indianapolis, Indiana, USA; Derek Jeter walks the red carpet on Sunday, May 25, 2025, ahead of the 109th running of the Indianapolis 500 at Indianapolis Motor Speedway

The Players’ Tribune Is Still Kicking 11 Years Later

Founder Derek Jeter is still closely involved in the publication.
Las Vegas Aces center A'ja Wilson (22) celebrates with her teammates after her last second shot to take the lead 90-88 against the Phoenix Mercury in Game 3 of the WNBA Finals at Mortgage Matchup Center in Phoenix on Oct. 8, 2025.
exclusive
October 10, 2025

Standoff Over WNBA’s Future Has Dominated Finals

CBA negotiations have stolen the spotlight from the Aces’ dominant performance.
Paul Cartier
October 5, 2025

Sports Organists Are Still Thriving in the Era of Raucous Arena Music

“When they walk out and they see a real organ guy, it’s like, ‘Wow.’”
Sep 27, 2025; Milwaukee, Wisconsin, USA; Milwaukee Brewers center fielder Jackson Chourio (11) rounds the bases after hitting a home run during the sixth inning against the Cincinnati Reds at American Family Field.
October 4, 2025

Milwaukee Moneyball: Brewers Are Beating MLB’s Deeper Pockets

Milwaukee is holding its own against big-budget competitors.

For Yankees, It May Be ‘Business As Usual,’ but Title Drought Lingers

GM Brian Cashman says a salary cap is not at the forefront of his mind.
October 13, 2025

RAJ Sports Withdraws Lawsuit Over Trail Blazers Stake

RAJ Sports had sued the Cherng family, owner of Panda Express.
Jun 15, 2025; Montreal, Quebec, Canada; Mercedes driver George Russell (63) and Mercedes driver Kimi Antonelli (12) celebrate their first and third place at the F1 Canadian Grand Prix at Circuit Gilles-Villeneuve.
October 15, 2025

Mercedes F1 Team Rides With Russell, Antonelli Despite Verstappen Link

Russell took the Formula One seat at Mercedes in 2021.
Sponsored

How Jenny Just Is Shaping the Future of Sports Ownership

Jenny Just on bringing her investment experience to sports ownership.
October 13, 2025

Titans Turnover: Brian Callahan Firing Adds to Pattern of Instability

Tennessee fired coach Brian Callahan six games into his second season.
Cleveland Browns quarterback Dillon Gabriel (5) throws as quarterback Shedeur Sanders (12) looks on during rookie minicamp May 9, 2025, in Berea.
October 9, 2025

Browns Paying $41.6M to 8 QBs, but Only 2 Are on Their..

Cleveland traded Joe Flacco to the Bengals this week.
October 9, 2025

The Yankees’ $319M Roster Flopped. Now Comes the Hard Part: 2026

The MLB club’s current contracts limit its flexibility somewhat for next year.
October 6, 2025

Connor McDavid Signs Short-Term Deal, Eyeing Oilers’ Cup Window

The three-time Most Valuable Player signs for below his market value.