Bengals announce significant financial investment to Paycor Stadium

The Cincinnati Bengals announced they are making a significant financial investment of $100-120 million to upgrade Paycor Stadium, the team announced on Tuesday.

Updated video and audio systems, renovations to suites and club lounges and concession upgrades are a few areas the team is highlighting in the revamp at Paycor Stadium.

"The Bengals are continuing to invest in our future here in Cincinnati," said Bengals executive vice president Katie Blackburn. "We are lucky to have a great stadium and we are proud to invest in this great asset to help make it a best-in-class facility. We love our fans and can think of no better way to celebrate our 25th season in Paycor Stadium than to announce these major improvements that will make the gameday experience even better."

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The Bengals say construction at Paycor Stadium is expected to run through 2026 and the projects are backed with unanimous support from the rest of the NFL owners and the league’s finance committee. After renovating the training rooms, locker room and getting the team an indoor training facility with a private investment of $40 million, the Bengals say they’ve invested approximately $150 million over the past few seasons to Paycor Stadium.

Paycor stadium readies the field for the 2024 Bengals season.
Paycor stadium readies the field for the 2024 Bengals season.

Cincinnati is also in the midst of installing a new turf field at Paycor Stadium that will be ready ahead of the upcoming season. The county commissioners in December agreed to give the team $39 million in repairs and renovations to Paycor Stadium in 2024. Those repairs included the new playing surface, refurbished club seating and an expanded plaza to improve entering and leaving the stadium.

The Bengals and Hamilton County are nearing the end of their current lease that runs through June of 2026. The Enquirer reported that talks between Hamilton County and the Bengals have “not progressed as quickly as the team and county leaders have hoped.”

"In terms of moving forward on lease negotiations, there, we've seen no progress," Aaron Herzig, an attorney for the Bengals told The Enquirer in April. "And we're wondering, we really have genuine questions about what the county wants."

The Bengals have a deadline of June 2025 to decide whether to exercise the first of five, two-year extensions allowed under the lease.

This article originally appeared on Cincinnati Enquirer: Paycor Stadium upgrade: Bengals announce they are making investment