The Buffalo Bills are offering bonds for sale to finance the construction of a new stadium.

• The Buffalo Bills will have the chance for their fans to contribute to the funding of their new NFL stadium.
• The city of Buffalo, located in Erie County, is receiving funding from bond sales to help finance the construction of a new stadium.
• To invest in retail, a minimum of $5,000 must be put through a broker by retail investors.

Next week, Buffalo Bills fans will experience something different on Monday Night Football.

Prior to the team's upcoming game against the Jacksonville Jaguars on Monday, retail investors can place an order for a municipal bond that will contribute to the construction of the Bills' new stadium, set to open in 2026, as stated on the team's website. This will provide Bills fans with the opportunity to be directly involved in the building of the new stadium in Orchard Park, just outside of Buffalo.

The Bills will not sell bonds directly to bond buyers; instead, Erie County, where Buffalo is located, will purchase the bonds to fund half of the $250 million agreement for the new stadium.

Erie County Comptroller Kevin Hardwick stated in a phone interview that he wanted to ensure that the current retail period, which is new, is accessible to the average Buffalo Bills fans who have paid for the stadium, attended games, and experienced frostbite and heartbreak for years.

He added, "They should have an opportunity to contribute towards the construction cost of the new stadium."

Institutional investors can join the bond offering on Tuesday, while retail investors have a one-day period on Monday to place their orders. The minimum investment amount for double A-rated bonds through a broker is $5,000, as stated on the bond offering website.

The bond offering website stated that the interest paid on the bonds will not be determined until after the offering. Hardwick mentioned that the county is considering a 25-year maturation date on the bonds, but he warned that this is subject to change before Monday.

A new stadium and sponsorship opportunities can significantly increase a team's valuation, as evidenced by the Bills' ranking of 30th on CNBC's Official NFL Team Valuations at $5.35 billion.

The Kansas City Chiefs are financed by locals through a sales tax and taxpayer dollars are used to build new stadiums.

The Buffalo Bills will finance the remaining $550 million of the $1.4 billion stadium project, with the state of New York and Erie County contributing $850 million each, according to the New York state website. The new stadium will be owned by the Erie County Stadium Corporation, and the Bills will pay rent.

On Monday night, the Jaguars face the 2-0 Buffalo Bills.