Interesting blurb in Rod Pedersen's
sports blog (he's a radio guy and the voice of the Roughriders on CKRM in Regina):
Quote:
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One CFL executive noted to me that the Saskatchewan Roughriders' franchise worth is pegged at $100-million. That's staggering considering the team was $3-million in debt when I began with the team in 1999.
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That's pretty remarkable. I'd imagine that the Riders have a higher value than any other team given that unlike all of the other CFL teams, they basically have a monopoly on what is now a substantial sports market. But if the Riders have a value of around $100M (not that surprising considering rapidly increasing box office, TV and merchandising revenues), then the other teams in the league have to be up there too. I'd imagine that other western teams like the Bombers, Stamps, Lions, etc. would have to be at least half that?
In a world where the LA Clippers are being sold for $2B, that may not seem like very much, but we do seem to be getting to a point where the high end CFL teams are starting to approach the lower end NHL teams in terms of their value.