On Monday, New York State governor Kathy Hochul along with Erie County and the Buffalo Bills announced a deal for a new stadium in Orchard Park. On Tuesday, Hochul announced how some of it would be funded.
The state is on the hook for $600 million and on Tuesday, Hochul shared that $418 million of that would come from a debt settlement with the Seneca Nation of Indians. That $418 million wasn’t previously accounted for in the budget, which should minimize the impact on the yearly budgets going forward.
“These funds were generated in Western New York, and I am directing the State’s share, which is more than $418 million, to the new Buffalo Bills stadium,” said Hochul in a press release.