The Buffalo Bills have reached an agreement with Erie County and the state on a lease deal for the Ralph Wilson Stadium that will keep the NFL franchise in western New York until at least 2020, Gov. Andrew Cuomo and team officials said Friday.
The agreement includes $130 million in renovations for the nearly 40-year-old stadium, with the Bills providing $35 million and the state and county covering the other $95 million.
Cuomo told a packed news conference at the team’s headquarters in Orchard Park that the lease keeps the Bills in Orchard Park at least through the first seven years of the 10-year pact. The team would have to pay a $400 million penalty to leave earlier.
The Bills’ current lease expires July 31.
