‘“The reason we didn’t as a committee put one forth,” McKay said on a media conference call Friday, “is because we felt like with these two proposals there’s going to be the potential for an amendment on the floor if somebody wants to change either one of these, and these encompass the major discussion, which is should both teams be guaranteed a possession? Should there be consideration of doing it only in the postseason? I think that will be discussed by some teams.”’
Archives for March 26, 2022
NFL owners poised to approve $200M loan to help finance $1.4B stadium for Buffalo Bills
‘All 32 teams will vote on the proposal at the league’s annual owners’ meeting Monday in Palm Beach, Fla. At least three-quarters of the league’s owners – 24 of 32 – must vote in favor of the deal, which is considered a formality.’
Eight new Bills starters seem to be in offing
‘It’s clear Buffalo had no interest in re-signing its other free agents: defensive ends Jerry Hughes, Mario Addison and Bryan Cox and offensive lineman Bobby Hart. Sanders hasn’t decided whether he will retire.’
Sullivan: Bills GM Beane raises bar even higher with offseason moves
‘So, splash! He went all-in on Miller, who turns 33 today and is presumably one of those pass rushers who maintains his skills into his mid-30s. The window is open. They’re favored to win the Bowl on most sportsbooks. But the quarterback talent in the AFC keeps getting stronger. Beane had to do it.’
AP Source: Bills Get Initial OK For NFL $200M Stadium Loan
‘The committee’s backing opens a critical week for the proposed project with New York Gov. Kathy Hochul facing a deadline to have an agreement in place in time to include the state’s share of funding in her budget, which by law must be approved on April 1.’
NFL stadium-finance committee recommends $200 million loan for new Bills stadium
‘The recommendation will now go in front of all 32 owners for a final vote Monday at the league’s annual meetings, which will be held in West Palm Beach, Florida.’
AP: NFL committee approves loan for new Bills stadium
‘The loan, known around the league as a G4 loan, gives NFL owners the ability to finance the private portion of stadium construction development up to $200 million.’
Founder of Bills in Buffalo and others hope Buffalo Bills stadium move to downtown
‘”It’s the fact that taxpayers are paying for this. So the Pegulas, the owners of the Bills, are reportedly asking nearly a Billion dollars in taxpayers’ funding from the state,” Miller says. “As well as Erie County to finance a stadium in Orchard Park. It’s estimated to be $1.4 billion, and the city of Buffalo is the third poorest city in the country.”‘
Source: NFL committees recommend $200M loan for Bills stadium
‘A source tells News 4 that the $200 million loan was approved by the league’s stadium and finance committees. The loan comes from the NFL’s G4 program. This is money that would be used toward a new Buffalo Bills stadium.’
Carucci Take2: The Bills shouldn’t be concerned by Tyreek Hill’s move to AFC East
‘Still, it’s hard to imagine, with questions at quarterback (Tua Tagovailoa is unproven and could face stiff competition from newly acquired veteran Teddy Bridgewater) and with a rookie coach in Mike McDaniel, the Dolphins seeing anything close to a return commensurate with the five draft choices they gave the Chiefs for Hill, or the $72.2 million guaranteed they’re giving Hill.’
NFL committee approves $200M loan for Bills for stadium construction
‘”It’s not something that the Pegulas would eventually write a check to the other owners to pay back,” Carucci said. “it will come directly from that revenue. Obviously, the Pegulas will contribute their share to the total costs but this is an important element to allow the Bills ownership to get this done.”‘
Bills stadium negotiations reportedly moving forward
‘That $200 million doesn’t affect the taxpayer and is instead just cash from other owners to help the Pegulas pay their portion of a reported $400 million.’
Bills coaches give back at Buffalo City Mission
‘Defensive coordinator Leslie Frazier, special teams coordinator Matthew Smiley, assistant wide receivers coach Marc Lubick, defensive assistant Jaylon Finner, defensive quality control coach Kyle Shurmur, fellowship coach Austin Gund, and team chaplain Len Vanden Bos were all in attendance Wednesday and served meals to those at the mission.’