WKYT | Lexington, Kentucky | Sports

The Brown family increases control of Bengals

CINCINNATI (AP) - The Brown family has increased its control of the Cincinnati Bengals.

The team announced Friday that the Browns have obtained the shares held through the Austin Knowlton estate. Investors in New York had made a deal for the shares that had been estimated at 30 percent of the club. But the Brown family exercised rights to match the terms to acquire the last major piece of the team that had been outside the family.

Terms weren't announced.

Bengals President Mike Brown says in a statement that the family is committed to having the Bengals remain an asset to the region.

Brown's late father, Paul Brown, was an original owner and the first Bengals coach in 1968. The team plays in Paul Brown Stadium.

(Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus

WKYT

2851 Winchester Rd. Lexington, Ky 40509 859-299-0411 - switchboard 859-299-2727 - newsroom
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 136157683