Buffalo Bills expected to be valued at more than $6 billion by 2028

The Buffalo Bills business department may be in a bit of disarray these days, but the business of the Bills has never been better.

With the growth of the NFL on a global scale and the Bills’ successes in recent seasons, the value of the team is expected to continue to steadily go up.

The Bills are expected to increase in value by $2.4 billion by 2028, taking the team to a valuation of more than $6 billion, according to sportsbook services company Mighty Tips.

Forbes valued the Bills at $3.7 billion in August – that’s up $1.4 billion in two years. Team owners Terry and Kim Pegula bought the team for $1.4 billion in 2014.

The team is building a $1.75 billion stadium expected to be completed by 2026. The Bills are getting $850 million in public funds, but are on the hook for the rest of the project’s cost, including overruns.

According to Mighty Tips, with the league’s audience growing by the millions on a yearly basis, so are the finances of the teams. NFL teams will have a collective value of more than $252 billion by 2028, even after the financial turbulence of a global pandemic, Mighty Tips projected.

“New TV deals are a huge source of revenue with the sport taking off across the world, plus once Bills’ new stadium is built in 2026, the 60,000-seater will generate further income from fans,” Mighty Tips noted.

The Bills, however, need a new chief operating officer/executive vice president to help steer the business side of this steadily growing-in-value franchise.

John Roth, who was also running the business operations of the NHL’s Buffalo Sabres, was recently let go – along with Bills general counsel Kathryn D’Angelo – after sources confirmed to The Buffalo News they were having a romantic relationship that was deemed inappropriate because Roth was her superior.

Terry Pegula, team owner and president, led the front-office…