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Bengals finalize lease extension to stay at Paycor Stadium

CINCINNATI -- The Bengals are officially staying in Cincinnati.

On Friday, the Hamilton County Board of Commissioners voted to approve a new lease agreement with the Bengals that will run through 2036. The lease was approved via a majority decision, 2-1.

The two sides had initially reached a soft agreement in June on the original lease for Paycor Stadium that was set to expire after the upcoming season.

Friday's approval cements a $470 million joint agreement between Hamilton County and the Bengals for improvements on the new stadium. The county will contribute $350 million, while the Bengals will pay $120 million through the NFL's G-5 loan program.