Report: Bills Future in Buffalo More In Doubt Than Many Believe
The Buffalo Bills are having the most success they have had on the field since the early '90s, when they went to the Super Bowl four straight times.
The Bills have made the playoffs four straight years and five of the last six. The only accomplishments the team has yet to do over that time, is make and win the Super Bowl.
However, the off-the-field news since June of 2021 has been surrounding the potential new Bills stadium, which we have known since September of 2021 is planned to be built in Orchard Park, directly across from Highmark Stadium's current location on Abbott Road.
The deal between the Bills, county and state was struck in March, with groundbreaking expected in 2023, however the memorandum of understanding has still not officially been completed. That deadline has been extended since September's original plan.
The lease agreed upon is 30 years and while we are thinking this assures the Bills stay in Western New York for at least the length of that new lease, one journalistic report says that's not entirely the case.
The Investigative Post is reporting that despite elected officials stating the new 30-year lease is what they describe as "ironclad," but that lease is not, according to the Investigative Post.
The MOU says that ownership for the Bills can move the team if they pay back the $850 million in public funds, plus additional costs.
The Bills are worth roughly $3.4 billion and chances are that number goes up as the years go by. That, along with the health of Kim Pegula and Terry Pegula's age, clouds the future at least a bit more than it appeared; and there's no indication that Terry and Kim's children will continue ownership of the Bills or Buffalo Sabres.
These are points worth bringing up and while this lease does appear to be strong, the NFL is a gigantic entity and money-maker, with rich owners who care only about money.
The long-term prospects of the Bills in Buffalo has been something that many have speculated about for many years but the age and health of the Bills ownership is a point that is of the most interest, when it comes to any potential relocation of the franchise.
I personally don't think the Bills will move anytime soon but to say they "never" will move in the future, I don't believe is right to say...