Quote:
Originally Posted by osmo
MLSE will make money from the Argos.
But its not a promise that Bell and Larry T. will make money from the Argos...
Rogers actually has the best position in the deal as they make money from MLSE operations. Bell and Larry T have to make sure the seats are filled and sponsorship dollars come in, all Rogers (MLSE) has to do is show up and run the show.
Yes of course Bell and Larry T. get a cut from MLSE, but Rogers is exempt from the risk of the Argos deal. That is the chief difference.
As long as people buy beers and food MLSE makes money.
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Bell is a real winner here. They get 1/18th of the money they pay out in the TSN TV deal back which is 2.2M annually by my calculations although I don't know where all that money goes (40M/9= 4.4 - %50 = 2.2M ). They get 1/3rd of the money they pay in "rent/lease" or whatever you wanna call it back. And 1/3rd of any other MLSE profits Argo related. Plus half of any profits the Argos make in gate revenue ect. Not bad

They may have been smarter to go at it alone. I know I could be way off because the TV deal revenue will most likely be used to pay the Argo's operating budget but If they become profitable enough that money could become cash in pocket for bell.
2013 article - "The deal with TSN, which runs from 2014 through 2018, is worth in the neighbourhood of $40 million per season, according to a league source.
That’s more than 2 1/2 times the previous five-year agreement, which was worth $15 million a year. That means starting in 2014, CFL teams can expect to receive more money from the league.
That’s good news for the Toronto Argonauts and Hamilton Tiger-Cats, the CFL’s only money-losing teams. Cohon said the new deal should allow clubs that struggled financially in the past to become profitable while also enhancing franchise values."
http://www.theglobeandmail.com/sports/fo...worth-40-million-a-year/article10053800/
Fast forward 2 years, Ticats reported a profit last season at a stadium that seats 24,000. So technically the Argos should be profitable at 24K give or take 1000.