Deshaun Watson signed a five-year contract worth $230 million after being traded from the Houston Texans to the Cleveland Browns, and the entire deal is guaranteed. The Arizona Cardinals, who the Bengals play Friday in their preseason opener, signed quarterback Kyler Murray to a five-year $230.5 million contract with $160 million of it guaranteed.
“It’ll be a challenge, probably, but I like what (Patrick) Mahomes said,” Brown said. “He wasn’t bothered by all the big quarterback contracts that came after him because he had enough to set him up for a lifetime anyway. I can’t tell you how this is going to unfold. I can tell you that we couldn’t be happier with Joe Burrow. He’s everything you would wish for, especially for a quarterback in Cincinnati. Our whole focus is going to be on keeping him here.”
Fans on social media already are joking about the switch from Paul Brown Stadium to “Paycore/Burrow Stadium” to keep PBS as the nickname.
Paycor, a leading human capital management company, already is considered a cornerstone partner of the Bengals. The company, which has been headquartered in Cincinnati for more than 30 years, has served as the team’s official and exclusive human resources software provider since 2018.
The naming rights agreement, in which Paycor was represented by Excel Sports Management’s Brand Marketing division, leverages America’s most popular sport to promote Paycor’s HCM services to a broader audience as the company continues to grow.
“Through a strategic partnership with our hometown team, the Cincinnati Bengals, we are beyond thrilled to introduce Paycor Stadium to the world,” Paycor Chief Executive Officer Raul Villar Jr. said in a news release. “As Paycor continues to grow and reach customers throughout the U.S., our mission of empowering leaders to build winning teams perfectly aligns with the defending AFC Champions. As longtime fans, this is a big point of employee pride and we are honored to support our local team and build on the legacy of Paul Brown.”
Paycor Stadium branding will begin to be integrated throughout the stadium in the coming months, with the company and the Bengals hosting a ceremony before the season to unveil new branding and celebrate the partnership.
“It was important to find a naming rights partner that strongly aligns with the Bengals brand,” Bengals Executive Vice President Katie Blackburn said in the release. “Paycor is a local company on the rise that shares our commitment to building winning teams. We are proud to support Paycor’s growth and strengthen the Cincinnati business community with this partnership.”