Ron Raccuia, executive vice president of Pegula Sports and Entertainment, answered questions Thursday morning about the Bill’s plans to build a new stadium on WBEN.
He was asked if a stadium deal had not come off. The Bills would continue to play at Highmark Stadium after the team’s lease with the county ends after 2023.
“No,” said Raccuia. “We definitely won’t.”
The Bills say they are ready to build a new stadium in Orchard Park across Abbot Road from Highmark Stadium. He says there is only one deal that needs to be made with the state and the county. Sources said the Bills are considering a $ 1.4 billion stadium funded through a private public partnership.
“I think it’s paying off. I think it adds value to the state and the county in many ways, ”added Raccuia. The Highmark Stadium would require additional work over the next few years. A source says the Bills want a new stadium by 2027.
“So the sooner we get a new stadium, the less money is put into the existing stadium to make sure it’s safe and NFL-ready,” Raccuia said on the radio show.
Raccuia said the Bills want a deal soon. He said that once a deal was struck, work would start immediately.
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