Bills propose new stadium to be completed by 2027

A new stadium will reportedly seat around 60,000 fans

In the short-term, Josh Allen and the Buffalo Bills are Super Bowl contenders just one year after reaching the AFC Championship Game. However, the team's long-term future in Buffalo isn't certain, as the organization seeks a new stadium.

John Wawrow of The Associated Press reports on Tuesday the new stadium that the organization is hoping to build would seat 60,000 fans and have 60 suites. Wawrow had previously reported that the cost of the new stadium would be $1.4 billion.

Highmark Stadium - previously referred to as Rich Stadium, Ralph Wilson Stadium, New Era Field and Bills Stadium - has been the home of the Bills since 1973. NFL commissioner Roger Goodell said earlier this month the league believes the Bills should remain in Buffalo, but to make that a reality, a new stadium was necessary.

"We can renovate [Highmark Stadium], but it's not going to last much longer," Goodell said earlier this month. "At some point, we've got to talk about a new stadium, and we're certainly beyond that.

"I don't know the timeline, other than I know serious discussions are happening now. ... They require that public-private partnership and a process where everyone gets to understand what's needed."

Wawrow added that the new stadium - slated to be finished "no later than 2027" - would likely include an expectation of the state of New York and Erie County paying for "more than 50%" of the costs of the new stadium.

That may just be a negotiating tactic by Pegula Sports and Entertainment, which has owned the Bills since 2014. The reality, though, is that the Bills are the only game in town.

Stay tuned for the latest with the developing story...

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