02-27-2022, 12:34 PM
(02-27-2022, 01:35 AM)Luvnit2 Wrote: The Bengals are now worth billions and 100% controlled by the Brown family. They could borrow hundreds of millions if needed based on the equity position. I do believe many teams borrow money in order to pay these large bonuses handed out.
The value of the Bengals and all NFL team rises every year, so since they don't have a lot of debt, they can easily get a bank to loan them money and ay a low interest rate.
The result of the Bengals making the super Bowl, will result in a huge uptick in cash.
I have season tickets in section 142. My cost has increased $300 per seat. I’m assuming every ticket in the lower section, has increased $300. 20000 x $300 6mil.
Last season, based on preseason attendance, the bengals sold 35000 season tickets. They will sell 30000 more this season 30000 x $800 = 24 mil. Based on simple analysis, the Bengals will make 30 mil, more in season ticket sells.
This does not take into account increased club seat sells, and luxury suite sells, probably adds another 5 mil.
So just in increased ticket sells, the Bengals add 35 mil. In cash.
It does not even count the bengals share of playoff and Super Bowl revenue. I have no clue.
I also didn’t take into account increased concessions, increased merchandise sells, increased parking revenue, increased revenue from new tv contracts, (prime video thurs night package).
I’m assuming this number is around 70 million dollars, per year for every year the Bengals are Super Bowl contenders, say the next 10 years. 700 Mil. In new cash. Winning pays!
On a personal note, I sold 4 games for $2400 cash, so I made $200 cash, and essentially made the other 5 games free.
I won the season ticket lottery, bought 2 Super bowl tickets for $3200, sold them for $8800. Winning pays!
