After a long period of tension between the Bengals and the county of Hamilton, Ohio, the two parties work together. In a specific way.
Via wlwt.com, the team and the county made a joint request for $ 350 million in state money This would be devoted to the renovations of the Paycor stadium.
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The submission intervened one day after the Ohio House of Representatives adopted a budget which includes a bond issue of $ 600 million which would help pay a new stadium for the Cleveland Browns.
The total renovation of the Paycor stadium would cost $ 830 million – about a third of the cost of the new stadium that the Browns hope to build in the suburbs of Brook Park.
The team’s contribution is not specified in the report. The duration of a new lease which would be linked to a renovation was not specified either.
The Cincinnati stadium opened its doors in 2000, a year after the Cleveland stadium that the Browns hope to replace instead of the renovation.
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The issues are high. In the absence of a new agreement – and unless the Bengals have an option to extend the current lease by June 30 – the Bengals lease will expire before the 2026 season.
Last week, the executive vice-president of Bengals, Katie Blackburn, recognized it, “[w]I could, I suppose, Go everywhere we wanted After this year. “”
It is obviously not so simple. Bengals are expected to face Ohio’s Art Modell Law, which forces professional sports teams to give local groups a chance to buy the franchise instead of relocation. In addition, the owners of the NFL should approve the relocation with 24 of the 32 teams which allows it.
Always. It seems that the Bengals and the county of Hamilton have made real progress towards the conclusion of an agreement. The question now becomes if public money can be secure.
