Report: Price of new Bills stadium increases to over $2 billion

Stadium project plagued by delays, cost overruns

The price tag for a new stadium for the Buffalo Bills has increased to over $2 billion, according to a report from the Buffalo News. The project has been plagued by delays and cost overruns, and the latest estimate is significantly higher than the original $1.4 billion projection.

The stadium is being built on the site of the former Erie County Stadium, which was demolished in 2014. The new stadium was originally scheduled to open in 2023, but the project has been delayed by a number of factors, including the COVID-19 pandemic and supply chain issues.

Rising construction costs

The increase in the stadium's price tag is largely due to rising construction costs. The cost of materials and labor has increased significantly in recent years, and this has had a major impact on the project's budget.

In addition to the rising construction costs, the project has also been delayed by a number of other factors, including:

• The COVID-19 pandemic
• Supply chain issues
• Design changes

The stadium is now scheduled to open in 2026, and it is unclear whether the project will be completed on time or on budget.