LONDON: Sports thread

[jammer139]

Sorry to be the shunk at the picnic. But the CFL is one mistake or bad decision away from folding as a league. It's had close calls in the past which would not give me any confidence it will survive. Having said that a new stadium large enough for pro sports with all the amenities required is going to be north of $300M. Heck just the renovations to Hamilton's Hockey arena was well over $200M.

Finally who is going to pay for it? If all private money then by all means get out the shovels. The reality is no team owner is going to built a stadium so you know who is going to be asked to pay for it. That is a SHOW STOPPER.

Having said all that, the Western Fair District would be one of the best locations for a stadium in London.

[jammer139]

London Majors kickoff season in relabeled CBL this Friday.

https://www.ctvnews.ca/london/article/we...irst-season-in-canadian-baseball-league/

[cjones2451]

Originally Posted by jammer139

Sorry to be the shunk at the picnic. But the CFL is one mistake or bad decision away from folding as a league. It's had close calls in the past which would not give me any confidence it will survive. Having said that a new stadium large enough for pro sports with all the amenities required is going to be north of $300M. Heck just the renovations to Hamilton's Hockey arena was well over $200M.

Finally who is going to pay for it? If all private money then by all means get out the shovels. The reality is no team owner is going to built a stadium so you know who is going to be asked to pay for it. That is a SHOW STOPPER.

Having said all that, the Western Fair District would be one of the best locations for a stadium in London.

If anything, I think the CFL is in a way better position than it has been in a long time, with stable ownership and revenues up. The biggest determining factor is what will the new TV contract be worth per team. If it is significantly more than current deal at 50M per year and includes a provision for more games via a 10th team, then you have the demand and need to find an owner. I don't think it would take $300M to get a stadium built, especially if you are looking at 15K to start. A CFL and CPL team sharing makes it a better investment too.

[jammer139]

7 teams didn't make a profit. Not looking good.

https://globalnews.ca/news/11263497/cfl-commissioner-league-financial-struggles/

Originally Posted by cjones2451

If anything, I think the CFL is in a way better position than it has been in a long time, with stable ownership and revenues up. The biggest determining factor is what will the new TV contract be worth per team. If it is significantly more than current deal at 50M per year and includes a provision for more games via a 10th team, then you have the demand and need to find an owner. I don't think it would take $300M to get a stadium built, especially if you are looking at 15K to start. A CFL and CPL team sharing makes it a better investment too.

[jammer139]

The finanical analysis behind the Western Fair District and the City for the ice pads and what will likely be the plan for the 3 gyms.

https://lfpress.com/news/local-news/anal...-offers-glimpse-of-citys-gym-partnership

[cjones2451]

Originally Posted by jammer139

7 teams didn't make a profit. Not looking good.

https://globalnews.ca/news/11263497/cfl-commissioner-league-financial-struggles/

I think some like BC, Hamilton and Montreal are close to break even or making a slight profit. Edmonton will bounce back. in MLS up to 19 of the 30 teams lose money.

Again, it is not a money maker, but it would be nice to see a Canadian League that has been around for over 100 years grow and prosper. We seem to love our unique Canadian identity except when it comes to sports and then if its not the involved with the US, we don't seem to care

[MrSlippery519]

Originally Posted by cjones2451

I think some like BC, Hamilton and Montreal are close to break even or making a slight profit. Edmonton will bounce back. in MLS up to 19 of the 30 teams lose money.

Again, it is not a money maker, but it would be nice to see a Canadian League that has been around for over 100 years grow and prosper. We seem to love our unique Canadian identity except when it comes to sports and then if its not the involved with the US, we don't seem to care

If BC, Hamilton and Montreal cannot make money London would seriously struggle. If they could somehow put it downtown (like the Knights did) you could maybe find a way to make it work but I cannot see it as there is no room, the Western Fair takeover of the half mile horse track would be about the best case scenario.

The bigger issue is viewership, my kids play football (which is CFL rules basically...though grade 9 is a mess and the younger ages is a mix as well) the game is so much different than the NFL and while that is great because it is Canadian its also the reason hardly anyone follows it enough to the point of teams being profitable.