You might have missed this in the pre-holiday news dump, which it was specifically timed for—it's a good idea to downplay the implications of a story like this. An agreement was announced in a "hastily called news conference" to keep the Bills in Buffalo (actually Orchard Park) through at least 2020. But the real story is in the details: the Bills have been allowed to pick up just 16 percent of the costs to keep them in town. If you've ever had the slightest curiosity as to how sweetheart a deal an NFL team can possibly get, the full agreement can be read below.
It's going to cost $271 million for upgrades to Ralph Wilson Stadium and 10 years of running the place on gameday. The Bills will pay just $44 million of that. Erie County will cover $103 million, while the state of New York is on the hook for $123 million. If that turns out to be not cushy enough, the Bills can buy their way out of the lease after year seven. We and others have railed against the outrage of public financing for stadiums for years, but it's still shocking to see in 2012 a textbook case of a community held for ransom, forced to give in to every last demand of a franchise threatening to move.
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