The popularity of the NFL and winning ways have turned the team’s fortunes around, literally.
In a new study, appearing in the September 28th issue of Forbes, the magazine highlights the increased value of the NFL as a whole over the last decade, in particular, the Arizona Cardinals, purchased in 1932 by Charles Bidwill, Sr. for $50,000 are now worth an estimated $1.54 billion dollars.
Long know for their penny pinching methods since moving to Phoenix as the Phoenix Cardinals in 1988, the team has shown a change in their ways over the last decade, especially after moving into the $450 million plus University of Phoenix Stadium in Glendale 10 years ago.