The Buffalo Sabres have confirmed their commitment to remain at the KeyBank Center for an additional five years, following a decision to forgo an opt-out clause in their lease. This news comes as part of the team’s agreement with Erie County, ensuring that the Sabres will continue to call this venue home until the conclusion of the 2030-31 NHL season.
Since its opening in 1996, the KeyBank Center has had multiple names including Marine Midland Arena, HSBC Arena, and First Niagara Center. By the end of the current lease, the arena will have hosted the Sabres for 35 years, which is considered relatively short in comparison to the typical lifespan of NHL stadiums.
Looking ahead, discussions around the potential for a new arena could arise, especially as the franchise considers options for the 2031-32 season. If a new venue is pursued, it is likely to be situated close to the KeyBank Center. A recent study commissioned by the team indicated the arena’s significant economic contribution, reporting an impact of $694.2 million in 2023 along with generating $48.6 million in tax revenue.
In addition to this exciting news for Sabres fans, the continuing success and sustainability of the arena can be viewed as a positive sign for the future of sports in Buffalo.