07-23-2022, 12:41 PM
(07-23-2022, 12:34 PM)RiverRat13 Wrote: It's a weird Cincinnati sports fandom tradition to try to explain why our billionaire owners can't afford players all the while the franchises' values increase exponentially.Mike Brown is an attorney and a very smart money man. I believe he bought out the other nonfamily members ownership in the early 2000's or when he was in his 60's. I have a strong hunch he has a great estate plan and Katie and his son Mike already own a huge portion of the team. My guess is they each own at least 24.5% or 49% combined.
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If so, then the value of the Bengals has already been transferred by almost 50% and Mike Brown's net worth had been almost cut in half. I good estate attorney has been planning the transfer for probably 30 years. I am not concerned.
I am so ready for 2024 season. I love pro football and hoping for a great Bengals year. Regardless, always remember it is a game and entertainment.