Terry Pegula and wife Kim net worth is $5,700,000,000 (billion).
The new Bills stadium cost estimate is $1,400,000,000 (billion)
NYS pays $600 million
Erie County pays $250 million
NFL loan to Pegula $200 million with $150million forgivable based on ticket sales
Pegula contributing $350 million plus the $50 million to the NFL for a total $400 million plus escalations in cost. A portion of those funds will come from the sale of about 50,000 personal seat licenses to all season ticket holders, beginning around $1,000 apiece.
The deal will keep the Bills in Buffalo for at least 30 years. I am happy for Bills fans.
So a billionaire NFL owner is getting $850,000,000 from NYS and Erie County.