In this paper we focus on the gravitational thermodynamics of the far future. Cosmological observations suggest that most matter will be diluted away by the cosmological expansion, with the rest collapsing into supermassive black holes. The likely future state of our local universe is a supermassive black hole slowly evaporating in an empty universe dominated by a positive cosmological constant. We describe some overlooked features of how the cosmological horizon responds to the black hole evaporation. The presence of a black hole depresses the entropy of the cosmological horizon by an amount proportional to the geometric mean of the entropies of the black hole and cosmological horizons. As the black hole evaporates and loses its mass in the process, the total entropy increases obeying the second law of thermodynamics. The entropy is produced by the heat from the black hole flowing across the extremely cold cosmological horizon. Once the evaporation is complete, the universe becomes empty de Sitter space that (in the presence of a true cosmological constant) is the maximum entropy thermodynamic equilibrium state. We propose that flat Minkowski space is an improper limit of this process which obscures the thermodynamics. The cosmological constant should be regarded not only as an energy scale, but also as a scale for the maximum entropy of a universe. In this context, flat Minkowski space is indistinguishable from de Sitter with extremely small cosmological constant, yielding a divergent entropy. This introduces an unregulated infinity in black hole thermodynamics calculations, giving possibly misleading results.
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