Taking on Limited Partners

[*Synric*]

(12-12-2024, 08:45 AM)pally Wrote: Yesterday the NFL owners approved sales of limited partnerships for the Eagles, Bills, and Dolphin.  Limited meaning 10% or less of the teams valuation in total. The Eagles raised over $600 million

Mike Brown and the Brown family own virtually 100% of the Bengals.  I believe they still have one limited partner from the original purchase of the team but his share is small

Selling a small percentage of the team could reap all sorts of benefits, including having the cash to escrow guaranteed contract money.  The team has some big capital expenditures coming up as well with the renovation of Paycor and building the permanent training facility.

The team ranks last in value according to the experts but last still means $5 billion so a 10% limited partnership is still worth $500 million of cold hard cash for the Brown family

Unfortunately I don't see Mike going that route

I don't blame the Brown family for not liking this. They are one of the few family own teams left that just finished buying the team outright 15 years ago. Now the league is forcing them to sell a percentage again.


It's not just Mike Brown's side of the family that owns shares I'm sure Pete and Robin Browns families have shares too.