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(08-10-2022, 06:31 PM)Roland Wrote: It's nonsense to suggest that there's some mechanism where bond backed escrow funds are going to solve that in the near term.
I am not opposed to the income from the naming rights. Every other team does it so it is about time the Bengals do.
All I was doing was pointing out that the Bengals could easily cover escrow accounts for guaranteed contracts if they wanted to without selling the naming rights.
If you think they can't then you don't understand finance. Most businesses leverage their income by using debt. A business worth $2 BILLION with no debt could easily generate the money for an escrow fund if they really did not want to sell the naming rights.
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(08-10-2022, 09:20 PM)bfine32 Wrote: ....by going into debt
Amazon has over $7 billion dollars in debt on their books. They would not be making nearly as much money if they never utilized debt. That is how corporations work.
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This is one of the weirdest thread derails I’ve seen on here to date.
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It is officially official with the signs in place and the ribbon cut
Fueled by the pursuit of greatness.
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Fueled by the pursuit of greatness.
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They misspelled "PayJoe" stadium.