The Bills is owned by Kim and her husband Terry Pegula in 2014. The Pegulas also own the Buffalo Sabres of the National Hockey League. Kim is the president and CEO of Pegula Sports and Entertainment, as well as the president and CEO of the Bills and Sabres.

Terrence Michael Pegula was born on March 27, 1951, he is an American businessman and petroleum engineer who is worth a billion dollars. He is the co-owner of Pegula Sports and Entertainment, which owns the Buffalo Sabres of the National Hockey League (NHL) and the Buffalo Bills of the National Football League (NFL) with his wife Kim Pegula (NFL).

He has interests in natural gas development, real estate, entertainment, and professional sports after amassing his money from fracking investments. He has a net worth of $5.8 billion dollars.

Pegula also owns a share of Black River Entertainment, an independent country music label. The label features such acts as Kelsea Ballerini, Kellie Pickler, and Craig Morgan as well as the related Black River Publishing and Sound Stage Studio all under the Black River label based in Nashville, Tennessee.

Also under the Pegula umbrella is Impact Sports Performance, two high-performance athletic training facilities which are based in Boca Raton, Florida, and LECOM Harborcenter in Buffalo.

Pegula owned 716 Food and Sport, a two-floor sports-themed restaurant that serves as the main business tenant of LECOM Harborcenter until he sold it to Southern Tier Brewing Company in 2021.

Through a partnership with Southern Tier Brewing Company, Pegula launched a “One Buffalo” branded craft beer that sells at all Pegula-owned properties and elsewhere in the region.

The One Buffalo brand has also been extended to a flavor of Perry’s Ice Cream (which already licensed Bills and Sabres-themed flavors prior to Pegula’s purchases of the teams) and premium cupcakes, both formulated by Pegula’s wife, a pronounced fan of desserts.