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The Bengals Will Need A New Stadium
#43
(05-05-2022, 12:42 AM)Emeritus Wrote: Tiger

I'm not sure what the best outcome is in this scenario because the organization is in a position of power now with both the taxpayers and the decision makers in Cincinnati. The renovations will costs upwards of a half a billion over time coming out of a lease in 2026 which a presidential election is in two years. No politics just reference to time flying. I'm really 60/40 now that these numbers have come out so I'm personally pro new stadium for future revenue to the team and city." Slightly" I can also understand both sides of the argument when you look at inflation currently and the unknown factors of time itself. Its a fascinating debate that goes on in many cities for various reasons. They say that winning cures everything so its nice to get the practice facilities upgraded to a championship level. At least the business relationship between the team and the city seems to be working and fluid. Go Bengals!

They are?

Say the city tells Mike Brown no. What's he going to do? The relocation fee for the teams moving to LA were $550m each. Is there even anywhere that is willing to pay 100% of the cost of giving Mike Brown a new stadium? Say he moves to a new city, and for the sake of conversation they agree to pay $850m of a new $1.4b stadium (the very deal that Buffalo just gave the Bills). That means Mike Brown is out $550m for his share of the new stadium and $550m for his relocation fee. 

He's now spending $1.1b on moving and the city if Cincinnati sells the naming rights of Paul Brown Stadium and it becomes Paul Brown's Viagra Dong Medicine Stadium. Did he win? Can he even afford $1.1b to move the team to a new city and new stadium without losing controlling interest in the Bengals? I don't think he can.
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Messages In This Thread
RE: The Bengals Will Need A New Stadium - IcoHolic - 04-29-2022, 04:13 PM
RE: The Bengals Will Need A New Stadium - TheLeonardLeap - 05-05-2022, 01:18 AM

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