NFL’s Bills Get $600 Million Stadium Subsidy in New York Budget
- Stadium, social program increases may boost Hochul election
- Some officials deride it as taxpayer subsidy for billionaires
Source: Populus
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New York Governor Kathy Hochul reached a deal with Legislative leaders on Thursday to approve a new state budget with $600 million to help build a new Buffalo Bills stadium, despite criticism from elected officials and good government groups who derided it as a taxpayer gift to billionaires with little economic benefit.
With $250 million from Erie County, the combined amount of public funding would be the most in U.S. history for a single stadium. The Bills and National Football League will contribute $550 million to the new open-air arena with a capacity of at least 60,000 people. The team agreed to stay in Buffalo for 30 years.