CINCINNATI -- The Bengals took a big step toward affirming their commitment to remaining in Cincinnati.
On Tuesday, the team announced an investment of $100 to $120 million into renovations at Paycor Stadium. In a post on the team's website, the Bengals said the league's finance committee unanimously approved the team's application to use funds from the NFL's G-5 loan program.
The development comes at a time when local government officials and the franchise are hoping to make progress toward a new agreement regarding the team's stadium as the old one approaches its expiration date.