Asian Spectator

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I've studied stadium financing for over two decades – and the new Bills stadium is one of the worst deals for taxpayers I've ever seen

  • Written by Victor Matheson, Professor of Economics and Accounting, College of the Holy Cross
I've studied stadium financing for over two decades – and the new Bills stadium is one of the worst deals for taxpayers I've ever seenBuffalo Bills owners Kim and Terry Pegula received a sweetheart deal from the state to finance their new stadium. Brett Carlsen/Getty Images

After New York lawmakers blew past the deadline to approve the state budget, they finally came to an agreement on April 9, 2022, that included a US$850 million subsidy for a new stadium in Buffalo for the...

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