07-21-2022, 08:01 PM
(07-21-2022, 07:40 PM)Tiger Blood Wrote: that's alot to sock away in cash for a family business.
Not counting TV contracts, which is huge, the bengals operated at a negative $17M In 2020. But they make about $320M/year in TV contracts.
The last 10 year average operating income is $40M/year. So that’s about $360/year in profit. We will never know what the browns pay each family member in dividends, but if they saved 10%/year for cash on hand, that would have them at $360M saved from the last 10 years. Sounds like a lot, but if they put in escrow $200M for Burrow, $70M Chase, $50M Higgins that’s $320M. They only have $60M left and they would add another $40M/year.
The money goes quick!
https://www.statista.com/statistics/272067/operating-income-of-the-cincinnati-bengals/
https://www.forbes.com/teams/cincinnati-bengals/?sh=582175594551
