The Cincinnati Bengals and local officials have reached a tentative deal to make $470 million in renovations to Paycor Stadium, which would keep the team there for at least the next 11 years.
The preliminary agreement announced last Thursday still needs final approval from the team and Hamilton County commissioners.
Both sides had until June 30 to agree to a new lease or approve the first of five two-year extensions, but they’ve agreed to extend the deadline. The Bengals’ original lease expires at the end of June 2026.
The $470 million plan to renovate the stadium is far less than the $830 million the Bengals originally proposed. The county will contribute $350 million toward the renovations, and the Bengals will pay $120 million, while also paying any amount that goes over the budget of $470 million.
Details on what the improvements will include were not yet announced by the county. However, the team has proposed improvements to the lounges, stadium suites, concessions, and scoreboards. Both sides said they will work together to seek additional funding from the state.
The Bengals have called Paycor Stadium home since 2000. It was originally named Paul Brown Stadium. However that was until the team sold the naming rights in August 2022, as a part of not only paying Joe Burrow, but a small change to how the Bengals were being run. This came a season after the Bengals finally got an indoor practice field.
While this situation seems all about done, we still wait to see what will happen with Trey Hendrickson.
Jaden Chandler-Parnell, or “JC” is a Sports & Sports Betting Analyst for Stare Down Sports. You can Follow him on X @Jaden95Chandler and on YouTube
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