Quote:
Originally Posted by khabibulin
Why would the owner of a NFL team in Toronto need to be a Canadian?
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I don't think they need to be.
So a global multi-billionare wants to get into the ownership game. You would think that coming to Toronto would be a no brainer right? That lower Canadian dollar would save them millions in purchasing the land, building the stadium and paying the non-football operations people. They wouldn't have to care about the gate because the TV deal covers their yearly operations costs for the team, plus the sweetheart Canadian TV deal just adds more to the bottom line. And since you bought the land and built the stadium with your own money you would also take in all the parking and concession fees. Sounds like a winner to me! How can I get into this action?
So why hasn't this happened?
Maybe because the US model for the NFL is to blackmail the city, county and state into giving up the land, foregoing taxes and paying for most of the construction of the building. While at the same time the owner of the team rakes in the parking and concession revenue. AFAIK the city, region and province have not given any indication that they'll whore themselves that far to get an NFL Team.
I think a few NFL owners have paid for their own stadium (Jerry Jones in Dallas and Paul Allen in Seattle) but that is the exception rather than the rule.
So I'm sure some very well heeled and smart people have kicked the tires for a NFL team in Toronto but for the time being, IMHO the ROI just doesn't seem to be there.