Paycor Stadium Welcome to the Jungle

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(08-10-2022, 04:46 PM)fredtoast Wrote: First of all I agree that they should not use personal wealth.  But most corporations run on debt and the Bengals have none.

The team is worth $2 billion.  If they borrowed money for funds to fund an escrow account it would have zero risk and would generate income.

I am not an accountant or a tax expert, but it seems to me that if teams are forced to put the guaranteed money in escrow the team would immediately get to claim the escrow amount as an expense (salary) and get the tax credit.  An accelerated tax deduction would amount to some real savings when we are talking about $50-$100 millio

How do you know what debt they do or do not have?