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"Inching closer" to getting the JaMarr Chase deal done
(Yesterday, 12:36 PM)SunsetBengal Wrote: Yes, I get that. However, we're talking about the Bengals FO here, everything is a big deal to them. I mean these are deals that should have been made one and two years ago. The front office has dragged their feet so long that the prices only went up significantly, and they haven't done enough to generate the outside revenue needed, in order to have the liquid cash available to cover the guaranteed money in the modern contracts.

Here is an update from last full year for Bengals finances 2023. I am not sure their actual net income, but it is likely a very high number. If you look the one thing that is huge is their debt is only 2%. I have mentioned in the past Bengals could easily get loans. A bank in business will normally give a healthy business great loan rates for up to 75% of their equity. Bengals could borrow a ton of cash if needed to front load contracts with huge bonuses. 

Since debt is low, it is likely profit (net income) is in the 25 to 30% range. If so, Bengals on low end made 136 million dollars in 2023. If they are making over 100 million a year, cash should not be an issue. Butif it is, they have a ton of equity they could leverage for player contracts.

https://www.cnbc.com/2024/09/05/nfl-valuations-2024-cincinnati-bengals.html


Valuation: $5.25 billion
Revenue: $546 million
EBITDA: $42 million
Debt as a percentage of value: 2%

Franchise history
Owner: Mike Brown
Year purchased: 1967
Purchase price: $8 million
Stadium: Paycor Stadium
Paid attendance for 2023 regular season: 594,361
[Image: 4CV0TeR.png]
 Please use 2025 free agency to fix the trenches, not the draft!!!!!!!!
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RE: "Inching closer" to getting the JaMarr Chase deal done - Luvnit2 - Yesterday, 12:55 PM

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