Particle.news

Bengals and Hamilton County Finalize $185M Paycor Stadium Renovation Agreement

The preliminary memorandum outlines shared funding responsibilities for modernization, with a formal vote scheduled for April 29.

Overview

  • Hamilton County and the Cincinnati Bengals have signed a preliminary memorandum of understanding for $185 million in stadium improvements.
  • The Bengals will contribute $120 million, partially financed through the NFL's G-5 loan program, while the county will provide $64.5 million for infrastructure upgrades.
  • Proposed renovations include revamped club lounges, upgraded suites, enhanced concession areas, and essential infrastructure repairs.
  • A formal vote on the agreement by the Hamilton County Commission is set for April 29, with a comprehensive lease and renovation deal targeted by June 30, 2025.
  • The $830 million phased renovation plan aims to modernize Paycor Stadium while avoiding the higher costs of building a new facility.