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County staff presents Paycor Stadium renovation framework; commissioners press for lease changes

2140802 · January 22, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

County staff gave a public update Jan. 21 on a renovation framework for Paycor Stadium and ongoing talks with the Cincinnati Bengals. Staff said the county wants a new long‑term market lease and a prioritized renovation plan; commissioners emphasized the lease’s existing terms and taxpayer protections.

Jeff Alluto, county staff lead on stadium matters, provided an update Jan. 21 on discussions with the Cincinnati Bengals about renovating Paycor Stadium and negotiating a new long‑term lease.

Alluto said the current lease expires in 2026 and that the team, under the existing agreement, can unilaterally extend the lease by two years up to five times; the team must indicate its intent to extend by June of this year. He said the county delivered a framework to the team on Sept. 17, 2024, that sets high‑level principles for a renovation and for a new long‑term lease, and that discussions resumed after the NFL season. “This is not a term sheet,” Alluto told the commission, stressing the framework is a conceptual guide for what a comprehensive renovation and…

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