![The Cavaliers presenting this depiction of the renovated arena to Cuyahoga County Council. [Cleveland Cavaliers / Cuyahoga County Council]](https://npr.brightspotcdn.com/dims4/default/0410ff8/2147483647/strip/true/crop/1363x877+0+0/resize/840x540!/format/webp/quality/90/?url=http%3A%2F%2Fnpr-brightspot.s3.amazonaws.com%2Flegacy%2Fuploads%2F2017%2F9%2F06%2F0906qarena.JPG)
The Cleveland Cavaliers are recommitting to a deal to renovate Quicken Loans Arena after withdrawing from the plan last week.
In a statement Wednesday afternoon, Cavs CEO Len Komoroski said the team will take up its side of the Q deal. The Cavs will pay principle and interest on half of a . The public will pay down the other half, plus reserves, with admission tax dollars and other revenue.
The project will rework the arena鈥檚 interior and add an atrium to the ticketing area. The deal also extends the team鈥檚 lease in Cleveland seven years, until 2034.
The Cavs , saying a voter referendum on the plan would lead to construction delays. The Greater Cleveland Congregations asking for that vote.
Cuyahoga County hasn鈥檛 shared exactly when it will sell the bonds, but executive Armond Budish, in a written statement, said the project will follow 鈥渁n aggressive schedule to compete for the All-Star game.鈥�
