Brown family increases Bengals ownership stake

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.