joe

Here's a thread for the number guys. Maybe they can explain it for me.

The question is have the Blue Bombers become more than just a football team?

I can understand the desire to pay bills and the requirement to generate revenue to do so but getting into concert promoting and property management seems to be a growing trend that doesn't really have much to do with football.

I am not sure of who pays what as far as the stadium goes. Would bet money it all trickles down to the taxpayer fan base in the end. Seems like the Bombers have a giant line of credit guaranteed by the prov and no doubt some banker who loves to see the interest payments roll in and doesn't really care if the principle is ever touched. Average person won't ever even know

It seems guardians of the public purse are seldom very good at guarding said public purse.

I would like the Bombers to be in the football business and to be held accountable for their success or failure based on football operations given that it is some kind of community organization. I don't care that they were able to break even due to staging a hockey game outdoors or bringing Toby Keith to town. Even Grey Cup revenue is iffy and should be separate imo.

Always seems like smoke and mirrors when money is involved but I have yet to see fiscal restraint of any type from this group. Hide the details and hit them with a headline seems to be the norm.

Makes me feel bad for David Braley who pays his guys with his own money and naturally watches it a bit closer than little Wad who doesn't have a nickle of his own in the game.

Maybe I am just not seeing it.


joe

Liking the contract reportedly signed by Jeremiah Masoli. Saw the story on 3DownNation.

Year 1 - $235,000 + $125,000 bonus to sign

Year 2 - $335,000 + $45,000 

Seeing they are calling him the starter. Not sure how the bonus in year 2 works.

Damn nice money for an 8 month gig.

Thinking the Bombers are overpaying for Nichols imo. Nothing to do with him not being a good quarterback, just over paid and taking away from the overall package. again imo. 

Lyle B. Style

Here's a thread for the number guys. Maybe they can explain it for me.

The question is have the Blue Bombers become more than just a football team?

I can understand the desire to pay bills and the requirement to generate revenue to do so but getting into concert promoting and property management seems to be a growing trend that doesn't really have much to do with football.

I am not sure of who pays what as far as the stadium goes. Would bet money it all trickles down to the taxpayer fan base in the end. Seems like the Bombers have a giant line of credit guaranteed by the prov and no doubt some banker who loves to see the interest payments roll in and doesn't really care if the principle is ever touched. Average person won't ever even know

It seems guardians of the public purse are seldom very good at guarding said public purse.

I would like the Bombers to be in the football business and to be held accountable for their success or failure based on football operations given that it is some kind of community organization. I don't care that they were able to break even due to staging a hockey game outdoors or bringing Toby Keith to town. Even Grey Cup revenue is iffy and should be separate imo.

Always seems like smoke and mirrors when money is involved but I have yet to see fiscal restraint of any type from this group. Hide the details and hit them with a headline seems to be the norm.

Makes me feel bad for David Braley who pays his guys with his own money and naturally watches it a bit closer than little Wad who doesn't have a nickle of his own in the game.

Maybe I am just not seeing it.
Its a succulent financial opportunity. Running an entertainment organization with an untaxed, taxpayer subsidized 32,000 person facility where no taxpayer oversight exists. This is the kind of black hole profit opportunity David Asper envisioned when he raped the financial bejeebers out of the old Manitoba premier Greg Selinger.
Miller has the power to make or break politicians so very few tread into his terrain - challenging some oversight or even asking the tough questions. Just mopes like us on the perimeter of the situation.

With no oversight - its a capo's delight to be able to cream off untold tens of thousands in ticket money for concerts, football games, other unexpected uses of the facility. (ie. papal visits, religious crusades, car sales promotions, rock concerts and festivals, international soccer, NHL outdoor games, etc.) With no real reporting procedure in place to any or all levels of government - the place is rife with the ability to not only cream money - but launder it as well.
WAITING FOR A  MIRACLE - 28 YEARS, COUNTING!

joe


Its a succulent financial opportunity. Running an entertainment organization with an untaxed, taxpayer subsidized 32,000 person facility where no taxpayer oversight exists. This is the kind of black hole profit opportunity David Asper envisioned when he raped the financial bejeebers out of the old Manitoba premier Greg Selinger.
Miller has the power to make or break politicians so very few tread into his terrain - challenging some oversight or even asking the tough questions. Just mopes like us on the perimeter of the situation.

With no oversight - its a capo's delight to be able to cream off untold tens of thousands in ticket money for concerts, football games, other unexpected uses of the facility. (ie. papal visits, religious crusades, car sales promotions, rock concerts and festivals, international soccer, NHL outdoor games, etc.) With no real reporting procedure in place to any or all levels of government - the place is rife with the ability to not only cream money - but launder it as well.

Thanks Lyle. Your insight is appreciated.

Seems odd that we are all so good with it.

depopulationINC

Liking the contract reportedly signed by Jeremiah Masoli. Saw the story on 3DownNation.

Year 1 - $235,000 + $125,000 bonus to sign

Year 2 - $335,000 + $45,000

Seeing they are calling him the starter. Not sure how the bonus in year 2 works.

Damn nice money for an 8 month gig.

Thinking the Bombers are overpaying for Nichols imo.
Nothing to do with him not being a good quarterback, just over paid and taking away from the overall package. again imo.
400/420/450 is not really overpaying.  Any established vet is making that.  Last year, the only teams not paying that were the Riders and the Lions.  Now it is the Lions, Cats and Montreal.  Cats have a QB who is still in the prove it phase, Montreal is seemingly without a strong QB presence at all and BC I don't even know what to say.  I mean I guess last season they probably paid well for Lulay as a backup, so that is a factor, but Jennings was only at 175 and is at 300 now.  Paying that I don't understand how they could be so bad everywhere else...sorry, side tangent. Point being that I think Nichols has shown he can lead this team.  If not for finishing the season with a fractured finger, well, who knows.  I don't see how you can have a QB who is in his prime and proven to have game and not pay over 400.

DAN38


Its a succulent financial opportunity. Running an entertainment organization with an untaxed, taxpayer subsidized 32,000 person facility where no taxpayer oversight exists. This is the kind of black hole profit opportunity David Asper envisioned when he raped the financial bejeebers out of the old Manitoba premier Greg Selinger.
Miller has the power to make or break politicians so very few tread into his terrain - challenging some oversight or even asking the tough questions. Just mopes like us on the perimeter of the situation.

With no oversight - its a capo's delight to be able to cream off untold tens of thousands in ticket money for concerts, football games, other unexpected uses of the facility. (ie. papal visits, religious crusades, car sales promotions, rock concerts and festivals, international soccer, NHL outdoor games, etc.) With no real reporting procedure in place to any or all levels of government - the place is rife with the ability to not only cream money - but launder it as well.

Thanks Lyle. Your insight is appreciated.

Seems odd that we are all so good with it.
Maybe some of (myself included) just don't care. Win the damn Cup first and then let the chips fall.
Si vis pacem... para bellum

joe

Maybe some of (myself included) just don't care. Win the damn Cup first and then let the chips fall.
Like they have been doing a real good job of that.

Maybe this year.

Iconic SR

Here's a thread for the number guys. Maybe they can explain it for me.

The question is have the Blue Bombers become more than just a football team?

I can understand the desire to pay bills and the requirement to generate revenue to do so but getting into concert promoting and property management seems to be a growing trend that doesn't really have much to do with football.

I am not sure of who pays what as far as the stadium goes. Would bet money it all trickles down to the taxpayer fan base in the end. Seems like the Bombers have a giant line of credit guaranteed by the prov and no doubt some banker who loves to see the interest payments roll in and doesn't really care if the principle is ever touched. Average person won't ever even know

It seems guardians of the public purse are seldom very good at guarding said public purse.

I would like the Bombers to be in the football business and to be held accountable for their success or failure based on football operations given that it is some kind of community organization. I don't care that they were able to break even due to staging a hockey game outdoors or bringing Toby Keith to town. Even Grey Cup revenue is iffy and should be separate imo.

Always seems like smoke and mirrors when money is involved but I have yet to see fiscal restraint of any type from this group. Hide the details and hit them with a headline seems to be the norm.

Makes me feel bad for David Braley who pays his guys with his own money and naturally watches it a bit closer than little Wad who doesn't have a nickle of his own in the game.

Maybe I am just not seeing it.
Aren’t us taxpayers the guardians of the public purse and we just choose the staff to conduct that business for us?
 


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