Business is booming for the Cincinnati Bengals and the NFL.
Case in point, Forbes’ Mike Ozanian and Justin Teitelbaum estimating the average NFL team is worth $5.1 billion in 2023.
An offer for Bengals fans
In the latest numbers, the Bengals still rank 32nd overall with a valuation of $3.5 billion. But even that is still a 17 percent increase from the year prior — only nine teams enjoyed a bigger percentage increase over the same span.
The chart tallies the Bengals with $498 million in revenue and $104 million in operating income.
Cincinnati boomed alongside the rest of the NFL and will continue to do so as other teams sell at increasingly high rates and television deal numbers keep jumping.
Presumably, renaming Paycor Stadium and striking up lots of deals with local businesses as they get ready to pay Joe Burrow and work on the indoor practice facility, among other stadium upgrades and features, caused the valuation to jump too.