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Bengals, Browns getting millions for stadium improvements

CINCINNATI (AP) — The Cincinnati Bengals and local officials have reached a tentative deal to make $470 million in renovations to Paycor Stadium and keep the team there through at least 2036.

The preliminary agreement announced Thursday still needs final approval from the team and Hamilton County commissioners.

The two 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 next June.

Both of Ohio’s NFL teams are looking for public money for their stadiums. The Cleveland Browns want to build a new dome stadium just outside the city and are counting on $600 million in the new state budget to help finance construction.

In Cincinnati, 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.

Bengals Executive Vice President Katie Blackburn said the agreement will secure the team’s future in Cincinnati. “This new deal ensures Paycor Stadium remains an excellent venue and a focal point for Cincinnati’s riverfront,” she said in a statement.

Details on what the improvements will include were not announced. Both sides said they will work together to seek additional funding from the state.

The team has proposed improvements to the club lounges, stadium suites, concessions and scoreboards.

The Bengals have called Paycor Stadium home since 2000. It was originally named Paul Brown Stadium until the team sold the naming rights in August 2022.

The new lease would keep the Bengals there for 11 years and could be extended through 2046.

The Ohio two-year, $60 billion operating budget sent to Republican Gov. Mike DeWine calls for flattening Ohio’s income tax and setting aside $600 million in unclaimed funds for a new Cleveland Browns stadium, among hundreds of spending decisions. He has until Monday to sign it and issue any line-item vetoes.

It includes the $600 million Haslam Sports Group, owner of the Browns, requested from the state to help build a new domed stadium in suburban Brook Park south of Cleveland.

DeWine proposed doubling taxes on sports betting to help the Browns, as well as other teams who might seek facility upgrades. But the Legislature settled on using some of the $4.8 billion in unclaimed funds the state is holding on to — in small sums residents left behind from dormant bank accounts, uncashed checks and forgotten utility deposits. The budget earmarks $1.7 billion from that fund to create an Ohio Cultural and Sports Facility Performance Grant Fund and designates the Browns as the first grant recipient.

The budget doesn’t explicitly include money for the Bengals, but the fund would assist such projects going forward.

Lawmakers who represent Cleveland and surrounding communities, mostly Democrats, blasted the proposal as a gift to the team’s billionaire owners. Democrats outside the Legislature threatened to sue if DeWine signs the plan, arguing it would be unconstitutionally raiding the unclaimed funds without due process. The Republican attorney general vowed their effort would fail.

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