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SEC filings reveal how much Paycor paid for Bengals stadium naming rights (www.bizjournals.com)

submitted 2 days ago by curve to c/cincinnati

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Under the team's lease with the county, taxpayers would have been entitled to some of the money from the naming rights deal, but the team has told the county it will get nothing.

Back in 2022, if the Bengals sold the naming rights and the net revenue the team received was $60 million or less, the county was entitled to nothing. It was entitled to 30% of revenue above that level.

So basically the team told all of us taxpayers to go fuck ourselves. How nice.

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[–] [email protected] 1 points 1 day ago* (last edited 1 day ago) (1 children)

I mean, they didnt do it for less to fuck tax payers. The team still got 70% of the money above $60M. The team was completly incentivised to sell naming rights for as much as they could.

Blame the county for brokering a shit deal

[–] curve 1 points 8 hours ago

Oh I fully blame the county commissioners for this horrible deal but I also blame the Bengals for taking advantage of the situation too. They can all go to hell.