+- Cincinnati Bengals Message Board / Forums - Home of Jungle Noise (https://thebengalsboard.com)
+-- Forum: Cincinnati Bengals / NFL (https://thebengalsboard.com/forum-3.html)
+--- Forum: JUNGLE NOISE (https://thebengalsboard.com/forum-2.html)
+--- Thread: Roughly $4 billion (/thread-40036.html)
Pages:
1
2
RE: Roughly $4 billion - Whatever - 02-18-2025
The world will never have a shortage of poor people who think they know how to better manage the finances of the wealthy.
If you're pointing at franchise valuation, the Bengals were ranked 32nd by Forbes last year. The Jags are 31st. Jaguars owner Shad Khan also owns an English Premier League soccer team and has literally wasted hundreds of millions on All Elite Wrestling so his son can live out his dreams of being a fantasy booker.
Everything is relative. To us, the Brown family could just wipe their asses with our yearly salary. However, when it comes to talent contacts, the club competes with entities that can buy and sell them multiple times over. The aforementioned Shad Khan is worth $13.4 billion. Robert Kraft is worth $11.7 billion. Jerry Jones is worth $16+ billion. That $4 billion doesn't sound so impressive now, does it?
RE: Roughly $4 billion - Hammerstripes - 02-21-2025
(02-17-2025, 04:02 PM)TJHoushmandzadeh Wrote: If you are worth $4bn it’s a choice to not have cash to hand.
They’d have access to all the cash necessary. There might be a cost involved but it is their choice to not incur that cost.
Lol, no it's not. Not when it's your only business.
It's no different that having a house that you bought in the 80s for 40k and now it's worth $1 million. That doesn't mean you'll have a ton of cash just laying around.
RE: Roughly $4 billion - Hammerstripes - 02-21-2025
(02-17-2025, 05:32 PM)TheLeonardLeap Wrote: They actually owned only 10% when the team was created, they just had the reins of the team. They've spent most of that 57 years buying up ownership over, including picking up 10% in 2003 and 30% in 2011 so now they're one of only three people to have ownership in the team (One guy owns I think only like 3-5%, and another owns just 1 share of the 586 total.) To throw that into context it means as recently as when they drafted Palmer that they only actually owned ~55% of the team and ~65% when they drafted Dalton.
I'm absolutely sure they have $100m saved between them, but keep in mind that just Burrow, Orlando, Chase, and Hendrickson along with signing just your 1st round picks in a 3 year span are ~$360m guaranteed at signing of cash that needs to go into escrow and I am not sure if practical guarantees need to also go in or if its just guaranteed at signing. If it's practical as well, then that number will be much higher.
While the Browns aren't hurting financially, and they can afford to spend more overall, they do probably have a limit of how much guaranteed money in a time span they can dole out.
The NFL imposes a debt limit on owners. You can only leverage the worth of your team so much to get cash, and once you do that, you obviously can't do it again until you pay off that debt, so it's not an unlimited solution.
Pretty sure the Raiders ran into this a few years ago when they traded Mack because they couldn't afford to put the money in escrow for a guaranteed contract.
RE: Roughly $4 billion - Essex Johnson - 02-21-2025
(02-16-2025, 03:18 PM)Clark W Griswold Wrote: Hope this continues to put pressure on the family…can’t really plead poor any more. They have plenty of money to get all of the deals done and improve through FA…Net worth has little to do with a nfl team, the nfl does not base cap space on a owners net worth
https://www.si.com/nfl/bengals/allbengals-insiders-plus/look-bengals-ownership-family-worth-nearly-4-billion-as-of-latest-forbes-400-list-01jm29rxmktg
RE: Roughly $4 billion - reuben.ahmed - 02-22-2025
4 billion is nothing nowadays, 5 billion is something, that is what they are shooting for. it should be all of our goals in this economy.