Earlier this week, the AP reported that progress was being made on a deal to extend the Buffalo Bills lease in Ralph Wilson Stadium and renovate the stadium.
The current deal expired in July 2013. The Bills are reportedly asking for renovations that will amount to $200-220 million, more than double what they were expected to be. It remains to be seen how those costs will be divided between the team, the public and the NFL (via their G-4 loan program).
What hasn’t been addressed is what kind of relocation protection a new lease agreement will include. In other words, when the Bills are sold after Ralph Wilson dies (he’s 93), how easily (cheaply) will the new owner be able to move the team?
If Ralph Wilson Stadium renovations includes significant subsidization by the public, there must be equally significant protection to prevent relocation. Fortunately, SFC Buffalo Chapter Chair Matt Sabuda is on top of the situation and we’ll keep you updated…