CINCINNATI — The Bengals agreed to a new lease with Hamilton County on Thursday that will keep them at Paycor Stadium until at least 2036. Bengals ownership sent a letter to the entire fan base via email following the agreement.

The Cincinnati Bengals ’ new lease agreement with Hamilton County seemed to come together quickly and, by most accounts, is pretty fair. The deal, which runs through at least 2036, features some headline items like $470 million in renovation budget for Paycor Stadium, featuring a $350 million-$120 million split for county and team, respectively.

The Bengals and local officials have reached a tentative deal to make $470 million in renovations to Paycor Stadium and keep the team there for at least the next 11 years.