Quote:
Originally Posted by thurmas
The imbalance of power revenue generation wise between the Western and Eastern CFL teams is alarming. The CFL seriously needs to go to revenue sharing like the NFL so the league can market itself more effectively and grow more effectively instead of just the Riders sitting on a pile of dough that only helps 1 team out of 9.
|
The optics are quite poor though. With the Riders being community owned, all "profits" are designated for a stabilisation reserve, improvements to the team/operations, and thousands and thousands of $ of community support initiatives (in last year's report, it added up to over $1 million in sponsorships, donations, and initiatives). You would in effect be syphoning this money to support a private owner would actually personally draw profit (this applies for Winnipeg and Edmonton too).
There'd be a pretty massive uproar here too... In the past the Riders had to hold telethons, have lotteries, barter wheat for tickets, have loans forgiven by the province, rent-free stadium use, etc to just barely scrape by, while the likes of Toronto and Montreal were giving away massive contracts to players (Flutie, Rocket Ismail, Ferragamo, etc).
In any case, as the TV deal improves, it will become a larger and larger part of overall revenue for each team. And this is something that is equally split/shared along with merch bought at non-team stores, league-wide sponsorships (e.g. Grey Cup presented by Shaw), etc.