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Buffalo Bills decline opt-out on stadium lease, Poloncarz says

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The Buffalo Bills have informed Erie County Executive Mark Poloncarz that the pro football franchise will not exercise an opt-out which could have ended its lease at New Era Field this summer.

By taking no action, the Bills are committed to staying at their Orchard Park home through 2023, when the current lease expires.

Poloncarz confirmed the communication via his Twitter account Friday afternoon.

The Bills would have been required to pay a penalty of $28,363,500 if they decided to opt out early. (Click here to see a summary of the Bills' lease at New Era Field).

The decision to stay put comes amid continuing speculation as to where the National Football League club may plan to play in the future. Rumors continue of a possible downtown stadium, possible in the Perry Projects, but earlier this week NFL Commissioner Roger Goodell stated that he is open to the idea of a large-scale renovation of New Era Field, where the Bills have played their home games since 1973.

Michael Mroziak is an experienced, award-winning reporter whose career includes work in broadcast and print media. When he joined the WBFO news staff in April 2015, it was a return to both the radio station and to Horizons Plaza.
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