Bengals stadium deal looks worse after team's value hits $8B | Opinion
Opinion: The Cincinnati Bengals win big twice - on the field and at taxpayers' expense.
The Bengals secured a deal with Hamilton County that will require residents to pay $350 million over the next decade for stadium renovations and maintenance. This accounts for 75% of the total cost. The franchise, currently valued at $8 billion, saw its value almost double to $5.25 billion in 2025, and $4.1 billion two years prior.
Despite their significant gains, the Bengals contributed only 25% of the cost, or $120 million. Critics argue that the team should have contributed more, especially considering their substantial increase in value. The surge in stock market values, particularly driven by AI investments, has led to increased spending by billionaires, many of whom are now buying professional sports teams.
This financial trend has contributed to the valuation surge of NFL teams. The article argues that the Bengals should contribute more to the cost of the stadium, rather than relying on taxpayer funds, especially when they have gained significant wealth without contributing.
Written by urgent.news from Yahoo Sports's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.