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New Bills owner must wait to relocate Buffalo franchise

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The Buffalo Bills founder and long time owner, Ralph Wilson sadly passed away yesterday.

The reality of Wilson's passing is that the franchise is now seeking a new owner.

And it is widely expected that anyone that comes in to replace the legendary Bills founder would likely be interested in moving the team out of it's current Western New York location.

But, according to sports-franchise consultant, Sun Media, today, that wouldn't be as easy as some previously thought.

In reports emanating from the annual NFL owners meeting Wednesday it seems that their current lease agreement means that the Bills have to remain in Buffalo until at least 2020:

"Whoever should by the Bills in the wake of Ralph Wilson's death on Tuesday cannot relocate the team from Western New York at any time over the remaining nine years of their lease agreement, which expires after the 2022 season.

"The exception is the brief, well-known period of time following the seventh year of the extension - that is, after the 2019 season," the report explained.

This contrasts sharply with earlier reports which had suggested that the Bills had a standing $400 million dollar option in place which allowed the franchise to relocate away from Buffalo at any point.

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Topics:
Buffalo Bills
NFL

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