Terry Pegula says he's not in a hurry when it comes to building a new stadium

Buffalo Bills owner Terry Pegula says he's not in a hurry when it comes to building a new stadium for his NFL franchise. "It's nothing urgent right now," Pegula said on Thursday morning.

Pegula was asked for an update on a new stadium during the "Power Breakfast" event put on by Business First focusing on sports.

NFL commissioner Roger Goodell has made it clear that a new stadium in Buffalo is necessary long term for the Bills. Terry Pegula acknowledged that need when he purchased the team with his wife Kim in 2014 but said Thursday he has time. Pegula pointed to the $130 million in renovations to the Bills current home Ralph Wilson Stadium, which were completed last year.

"The state and county, there's been a lot of money put into Ralph Wilson Stadium," said Pegula. "We're in no hurry. We've realized if that work was just done, how foolish would you look if you start looking around at a new stadium if we just renovated the one we have? We have time. We have an existing lease in the current stadium."

The Bills current lease at Ralph Wilson Stadium runs through 2022.

Pegula was also asked about a naming rights deal for the stadium. "Ralph Wilson owned the Bills for so long and his name on the stadium to me is a special thing. I have a hard time answering that question," Pegula said.

Kim Pegula, Boston Bruins owner Jeremy Jacobs, NHL Commissioner Gary Bettman, Buffalo Bisons owner Robert E. Rich Jr and his wife Mindy were also on the panel for the event on Thursday.

Panorama Hispano is the regional news and information newspaper for Hispanic and other diverse communities.

US Hispanics are now the largest ethnic minority in the United States numbering 54.2 million as of July 2014. Serving: Buffalo, Rochester, Fredonia, Niagara Falls, NY and Erie, PA. Outside our Market area: Visit our affiliate at: http://www.impremedia.com/

Contact us: Contact@PanoramaHispanoNews.com

Featured News

Oct 24, 2021
'Ron's Gone Wrong' has the movie code all jumbled

There’s a clear message in the new film “Ron’s Gone Wrong” and that message is to stop watching films like […]

Read More
Oct 24, 2021
Buffalo Employment and Training Center - Hiring during COVID 19 - Job postings

Buffalo Employment and Training Center 77 Goodell St., Buffalo, NY 14203 716-856-5627 / 716-856-5670 Fax www.workforcebuffalo.org Orientation Times: Monday-Thursday, 10 am […]

Read More
Oct 24, 2021
New NY law lets workers propose hours cut instead of layoffs

ALBANY, N.Y. (AP) — Workers facing layoffs in New York state now have a right to ask their employers instead […]

Read More

popular categories

Copyright © 2021 Panorama Hispano News. All Rights Reserved.
crossmenuchevron-downmenu-circlecross-circle
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram