Who is the Owner of the Buffalo Bills?

The Buffalo Bills, a professional American football team based in Buffalo, New York, are currently owned by Terry and Kim Pegula. The couple purchased the team in 2014 for $1.4 billion after the passing of the previous owner, Ralph Wilson, who had owned the team since its inception in 1960.

The Pegulas are also the owners of several other sports properties, including the Buffalo Sabres (NHL), and have made significant investments in the Buffalo area. Their ownership of the Bills has marked a new era of stability and success for the franchise, which had struggled with ownership uncertainty in the years leading up to the purchase.

Ownership Status of the Buffalo Bills

Shareholder / Owner	Ownership Percentage	Notes
Terry Pegula	100%	Owner and Chairman of the Buffalo Bills. He owns the team with his wife, Kim Pegula.
Kim Pegula	50%	Co-owner with Terry Pegula, involved in team operations, including management of the Pegula Sports and Entertainment group.
Pegula Sports and Entertainment	100% (Franchise control)	The Pegulas also control the Buffalo Sabres, the KeyBank Center, and other sports and entertainment assets.

Note: The Pegula family holds 100% ownership of the Buffalo Bills through their company, Pegula Sports and Entertainment, and there are no public reports of other significant partners holding stakes in the franchise. Terry Pegula is considered the primary owner, but Kim Pegula plays a central role in the day-to-day operations and management of the team. The Pegulas took over following the 2014 purchase after Ralph Wilson’s passing, with Terry Pegula becoming the face of the franchise. Pegula’s leadership has brought new energy and vision to the team.

Terry Pegula

Terry Pegula is the primary owner of the Buffalo Bills and has had a substantial impact on the team since taking ownership in 2014. Born in Carbondale, Pennsylvania, Pegula made his fortune in the oil and gas industry, primarily through his company East Resources, which he sold to Royal Dutch Shell in 2010 for $4.7 billion. Pegula’s wealth allowed him to make significant investments in sports, real estate, and entertainment.

Terry Pegula has made his mark as an owner of multiple sports teams, including the Buffalo Sabres (NHL), which he purchased in 2011, before acquiring the Buffalo Bills. Under his ownership, the Bills have made strides in terms of team performance and stadium improvements. Pegula is known for his hands-on approach, being deeply involved in the operations of his teams. His involvement in the community is also notable, with a focus on revitalizing Buffalo’s economy and infrastructure.

Terry Pegula’s Net Worth: As of 2025, Terry Pegula’s net worth is estimated to be around $5 billion. His wealth has been amassed through his oil and gas ventures and his sports ownership, with the Bills and Sabres contributing significantly to his overall fortune.

Kim Pegula

Kim Pegula, Terry’s wife, is also an important figure in the ownership of the Buffalo Bills. She holds a 50% stake in the team and is actively involved in the team’s operations. Kim Pegula serves as the President of Pegula Sports and Entertainment, the company that owns the Bills, Sabres, and various other sports and entertainment assets in Buffalo.

Kim Pegula has a strong background in business and sports management, having been deeply involved in the development of the Buffalo Bills’ stadium plans, fan engagement initiatives, and community outreach programs. Her leadership and involvement in the team’s operations have made her a significant figure in Buffalo’s sports landscape. Kim Pegula’s influence extends beyond the football field, as she is also involved in various philanthropic ventures that support healthcare, education, and community development.

Pegula Sports and Entertainment

Pegula Sports and Entertainment is the umbrella company that owns and operates the Buffalo Bills, Buffalo Sabres, KeyBank Center, and other entertainment properties in the Buffalo area. The company plays a crucial role in managing the Pegulas’ sports investments, ensuring that both the Bills and Sabres are operating at their best. Pegula Sports and Entertainment has also been involved in stadium renovations, as well as community outreach programs designed to benefit the Buffalo region.

The Pegulas are committed to making Buffalo a top destination for sports and entertainment, and their investments have helped in revitalizing the city’s economy. The Buffalo Bills, under their leadership, have made several playoff appearances, and the team’s stadium, Highmark Stadium, has seen major upgrades since the Pegulas’ acquisition.

Company Overview

The Buffalo Bills are a professional football team based in Buffalo, New York. The team was founded in 1960 as a charter member of the American Football League (AFL) before the AFL-NFL merger in 1970. The team plays its home games at Highmark Stadium in Orchard Park, New York, a suburb of Buffalo.

The Bills have a rich history, including four consecutive Super Bowl appearances in the early 1990s under coach Marv Levy and quarterback Jim Kelly. The team won two AFL championships in 1964 and 1965, but it wasn’t until the 2018 season that the Bills won their first division title since 1995.

The franchise is known for its loyal fan base and blue-collar identity, drawing fans from across the region, especially from upstate New York, western New York, and southern Ontario. The team has faced challenges but remains a staple in the NFL due to its strong legacy and passionate supporters.

Recent Developments in Ownership

• 2014 – Pegula Purchases the Buffalo Bills: The Pegula family acquired the team for $1.4 billion after the death of longtime owner Ralph Wilson, who had owned the team since its inception. Terry Pegula’s purchase ensured the team stayed in Buffalo, a city that was at risk of losing its beloved franchise.
• 2015 – Stadium Improvements: Under Pegula’s ownership, the Bills received significant upgrades to Highmark Stadium. The Pegulas spearheaded renovations, ensuring that the stadium remained competitive in terms of fan experience and facilities.
• 2017-2025 – Consistent Playoff Contenders: The team has been a consistent playoff contender since 2017, with the leadership of Sean McDermott and star quarterback Josh Allen leading the Bills to new heights.
• 2025 – Ongoing Community Engagement: The Pegulas continue to play an active role in community outreach, making Buffalo a key focus for economic growth and sports entertainment.

FAQs

Q: Who is the current owner of the Buffalo Bills?
Terry Pegula and his wife, Kim Pegula, are the current owners of the Buffalo Bills. They bought the team in 2014 for $1.4 billion after the passing of Ralph Wilson. Terry Pegula is the primary owner and serves as the team’s chairman.

Q: Are the Buffalo Bills publicly traded or privately owned?
The Buffalo Bills are privately owned. There are no external investors or publicly available shares of the team, and it remains under the full control of the Pegula family.

Q: How much did Terry Pegula pay for the Buffalo Bills?
Terry Pegula purchased the Buffalo Bills for $1.4 billion in 2014. This was a significant amount at the time, reflecting the increasing value of NFL teams.

Q: Has the ownership of the Buffalo Bills changed recently?
No, the ownership of the Buffalo Bills has not changed since 2014, when the Pegula family acquired the team after Ralph Wilson’s death. The Pegulas remain the sole owners of the franchise.

Buffalo Bills Official Website