The Buffalo Bills are building a new $1.4 billion stadium by 2026 in Orchard Park, New York. 

The new stadium will hold 62,000 fans and feature an open-air structure.

It will be funded with $850 million in taxpayer money and begin to build in Spring of 2023.

The deal with New York includes a 30-year lease that Governor Kathy Hochul described as “ironclad” in an interview with The Buffalo News before announcing the deal Monday.

Ongoing maintenance and capital costs could add an additional $13 million per year, and New York is prepared to contribute $600 million and Erie County $250 million toward construction.

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