Michael Bidwill Net Worth 2022
According to the Spanish newspaper Marca, Michael Bidwill's net worth stands at $1.4 billion.
Michael Bidwill is famously known as the NFL franchise Arizona Cardinals owner. The team is currently worth $3.27 billion. And like a few other NFL owners, Bidwill inherited the team from his family rather than having to buy it.
The Cardinal owner previously worked as a federal prosecutor for six years before joining the franchise in 1996. At the time, his father, Bill Bidwill, ran the franchise, but quite unsuccessfully.
During the 90s, the Cardinals only reached one playoff and had seen eight losing campaigns. Bill passed away in 2019 and left behind the business to be handled by Michael, who was serving as the president at the time.
Increase In Value of Arizona Cardinals
|Year||Franchise Value of Arizona Cardinals (in millions $)|
Michael became part of the Cardinals in the early 2000s as a vice president, and since then, the team has seen an upturn in its business. It now has major sponsorships from State Farm, the University of Phoenix, Papa John's, and Hyundai.
And though business-wise Cardinals may look like a success, the same cannot be said about their football. The team reached the playoffs in 2021 but has not been able to capitalize on that and has performed poorly this season.