Originally Posted by westofyou
Paul Brown was cheap in a different game, a different business, his son is not in the same smaller business that 60s/70s football was in
In short PB got a nice life out of it, MBs family for generations will be set up
True, but the Brown family's only business is football. Most NFL owners today made huge amounts of money outside football and still have profitable non-football businesses. They don't need their NFL operations to be profitable to earn a living.
MB and his family are extremely frugal. Some of it comes from PB. I think some of it comes from how they arranged the transfer of the Bengals' ownership from PB to MB, where PB sold majority interest in the team to another party on condition that MB had rights to buy the interest back at a later time, mainly to avoid the steep estate taxes they'd have to pay. I believe MB had to spend many years scrimping and saving just to get the money to buy the majority interest back. Nowadays, I think the Brown family is in a much better position financially, but it's a problem of "old habits die hard." It's not like MB is out living the high life off his NFL profits. The guy is famous for driving his Chevy Lumina around Cincinnati for years. Also, much of the Brown family wealth is tied up in the Bengals as an asset. You could say that the Browns are worth $800 million because they own the Bengals, but really, the only way the actually get $800 million is when they sell the Bengals.