The Bills have been one of the stronger teams on the field the last 4-5 seasons. But as others have noted, NFL teams have such immense value - a few billion dollars each - with much of that driven by the league’s equitable TV contracts (all games are televised by national TV networks and all the league’s teams share equally in those billions of dollars paid by TV networks, and EVERY major over-the-air TV network in the U.S. is an NFL TV partner directly or indirectly) that even weaker teams and/or teams in smaller metro areas are highly profitable, especially if they aren’t paying off stadium debt.
The Bills have been one of the stronger teams on the field the last 4-5 seasons. But as others have noted, NFL teams have such immense value - a few billion dollars each - with much of that driven by the league’s equitable TV contracts (all games are televised by national TV networks and all the league’s teams share equally in those billions of dollars paid by TV networks, and EVERY major over-the-air TV network in the U.S. is an NFL TV partner directly or indirectly) that even weaker teams and/or teams in smaller metro areas are highly profitable, especially if they aren’t paying off stadium debt.