CLEVELAND — The Cleveland Guardians announced Thursday that it finalized agreements to extend its lease at Progressive Field to at least 2036, with the option of extending for an additional 10 years. 

What You Need To Know

  • The contract comes with the option of two five-year extensions, which means it's possible the team could extend its lease to 2046

  • The move means the club can commence on plans to improve the park

  • Funding for the project gained approval from Cleveland City Council in November, and funding with come from the city, the club and the state

"We feel very fortunate to live in a community that is unified in maintaining momentum in northeast Ohio and building for a better tomorrow,” said Guardians owner Paul Dolan. 

The contract finalization means the team can now commence on the improvements it planned to make over the last few months. Proposed funding for the project was first proposed in August by Dolan, Gov. Mike DeWine, Cuyahoga County Executive Armond Budish and former Cleveland Mayor Frank Jackson. Cleveland City Council approved of the plan in November. 

Money will come from the Guardians, the city of Cleveland and the state, with no taxes imposed on Ohioans. According to the club, the Guardians will provide $10 million annually, the state will give $2 million annually and the city and county combined will contribute $17 million annually. 

Officials said improvements will take a few years to complete. The plans include expanded seating options behind home plate, creating more space for socializing and seating, as well as upgrades to the clubhouse. 

“We take very seriously the role we can play in maximizing the potential of this great city, and we are confident that this agreement will create a more compelling fan experience and keep this facility modern and relevant for many more years to come," Dolan said.

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