- Thread starter
- #1
CrashDavisSports
Well-Known Member
If it is a bidding war, that is something the Bengals never win, and the only thing they have going for them outside money is Burrow and Co.
If it's true they have cash issues, it is their own damn fault. They spent a lot of money buying out old minority owners over the past decade and now own almost the entire franchise outright. It would be easy for them to take on a minority owner for a small percentage and trade equity for liquidity.... But, they won't do it because they are arrogant and believe they can win doing it their way.The issue with the Bengals isn't the cap, or it's management (though it could still be better). It's cash. Bengals are not rich by any stretch. In valuation, they are, of course...but in liquid assets, they are not. This, IMO, is where they are running into issues and why allowing this all to creep into 1 year really bit them in the ass.
I can understand the reasoning for not doing that, as I wouldn't want to give up a portion of my lucrative business either. Does that mean I can have any player I want due to cash limitations, no, but I can find decent ones that don't take as much cash up front.If it's true they have cash issues, it is their own damn fault. They spent a lot of money buying out old minority owners over the past decade and now own almost the entire franchise outright. It would be easy for them to take on a minority owner for a small percentage and trade equity for liquidity.... But, they won't do it because they are arrogant and believe they can win doing it their way.
The value of an NFL franchise doubled from 2018 to 2024. And that is a conservative estimate. So, why would someone want to do it? A wealthy person looking to diversify some of their money would want to. If the Bengals were worth 4 billion, you would figure that 500 million would give you a 12.5% stake in the club. If the team doubles in value again over the next 6 years, your stake would now be worth 1 billion. Not many investments double in that short of time. No guarantee the NFL will either, but with legalized gambling this sport is going to skyrocket in value for the forseeable future.I can understand the reasoning for not doing that, as I wouldn't want to give up a portion of my lucrative business either. Does that mean I can have any player I want due to cash limitations, no, but I can find decent ones that don't take as much cash up front.
We are literally mad at ownership for not being billionaires outside the organization and for not wanting to give someone else a portion of their business. What percentage rate does a minority owner get for giving up his cash up front for players? I mean, hypothetically, let's say they had a minority owner that they brought in to do that, between Chase, Higgins and Hendrickson alone this year, it would cost almost $300 million in guaranteed money. $300 million up front this year, waiting 5 years to get his money back. What kind of ownership share does that equate to? How much is a reasonable share for someone fronting all the cash?