despite having their lowest attendance average in nearly 20 years, the Esks still managed to break records for the highest revenues in club history...
[b]CFL News ?@CFL_News
2015 #CFL season saw #Esks report a record revenue of $24.8 million - @SunModdejonge
CFL News ?@CFL_News
Best-ever totals in season seat sales, sponsorship ($4.5 million) and merchandizing ($1.7 million, up 31.4%). - @SunModdejonge#CFL#Esks
CFL News ?@CFL_News #Esks careful to stash almost half a million in their stabilization fund, & that bulges with an impressive $11.8M." - @jrnlbarnes#CFL
CFL News ?@CFL_News
Record revenues allowed Edmonton Eskimos to invest in stadium projects http://edmontonjournal.com/sports/footb ... m-projects … #CFL#Esks via @SunModdejonge
CFL News ?@CFL_News #Esks AGM shows CEO @LenRhodesPrez can make money, but he needs to put more fans in seats http://www.edmontonsun.com/2016/05/03/e ... s-in-seats … #CFL via @sunterryjones [/b]
[b]CFL News ?@CFL_News
Indeed, it appears that actually winning the Grey Cup hasn’t sold a single ticket for this coming season. - @sunterryjones#CFL#Esks
CFL News ?@CFL_News
He (#Esks GM Ed Hervey) and his user-unfriendly team in football ops haven’t helped ticket sales. - @sunterryjones#CFL
CFL News ?@CFL_News #Esks attendance dropped by 5.9% with a very concerning average of only 31,517 fans per game - @sunterryjones#CFL
CFL News ?@CFL_News #Esks AGM shows CEO @LenRhodesPrez can make money, but he needs to put more fans in seats http://www.edmontonsun.com/2016/05/03/e ... s-in-seats … #CFL via @sunterryjones
CFL News ?@CFL_News
"We do need to grow our fanbase, specifically among children and young adults? - @LenRhodesPrez#CFL#Esks via @SunModdejonge[/b]
it’s quite easy to show only $1.6 million in “profits” on the ledger when you spend many MILLIONS on capital “projects” and stadium “projects”…
[b]CFL News ?@CFL_News
“In 2015, when you look at all the capital projects, #Esks involved in projects that amount to $3M in value? - @LenRhodesPrez#CFL
The 2015 CFL season saw the club report a record revenue of $24.8 million, thanks to realizing their best-ever totals in season seat sales, sponsorship ($4.5 million) and merchandizing ($1.7 million, up 31.4%).
In 2015, when you look at all the capital projects, our club was involved in projects that amount to $3 million in value,? said Rhodes, who reported a net profit of $1.57 million this year, compared to $3.59 million in 2014. “An incredible year for investment into the stadium.
Their profit would have been around $4.5 million without the capital expenditures, that's pretty good.
The expenses are around $20 million. That gives us an idea of what CFL teams have to face, costs of around $20 million to run most CFL teams. You can just imagine how much Braley lost on the Argos over the span of his ownership.
“hiding”?? Cap projects are neccessary expences to improve an umbrella of things. They did a lot of upgrades over the past few seasons, in seats and locker rooms and such. Those things are a legitimate expenses, not hiding, to keep the facility an organization up to par. Don’t do it and you detract social draw as well sponsorship and athletes.
One factor in the decrease in butts in seats was the game in Fort Mac. wasn’t it like 5k attendance or something? (12 for the preseason game I think). so all of the sudden you are -25 000 or more in sales…32kx9games is 288000 total butts in seats in a season. Take 25 000 off of that for that one game and it would be over an 8% drop in the average for the season…so the fact it was only down 5% or whatever would seem to indicate that sales in Edmoonton itself were pretty good.
why “quote” something I did not write?
nowhere did I say the Esks are “hiding” anything as all financial data is on the public record (and Twitter!) due to the club being a Community based property.
My point is that clubs with this type of ownership can and do spend excess profits (see Riders) in many areas in order to maintain certain missions such as non-profit status, inherent goodwill/PR within the community, additional staff/scouts, office/stadium enhancements, rehab equip, steam rooms, Future Funds, per diems etc etc and other tabbed expenditures.
We don’t know if all capital or revenue expenditures were absolutely necessary, but the the money was there and they spent the vast majority.
that’s fine and dandy and certainly their right to do so as long as they adhere to CRA guidelines for Community ownership…either way, the Esks could have easily shown a 5+ million profit after all was said and done.
Salary cap was $5.05M which means the ten (10) coaches were paid $2.75M - - am I the only one who sees what a laughable situation this is?
The owners cry poor to suppress the salary cap and then give away that kind of money to coaching staffs? No other professional sports league has the coaches getting paid more than the players.
CFL players make an average of $80,000 or so while coaches (on the Esks at least) make an average of $275,000, which is approximately 3.5X MORE than the players who are the product that fans pay to see.
The salary cap is $5 million and that only applies to the 42 players on the active roster, they have to pay the players on the 6 game and that is outside of the salary cap. That could be possibly be up to an additional $1 million in players salaries. It’s not that the coaches are paid more than the players it’s the fact that there are so many coaches.
No other sport has as many coaches as football. It does seem ridiculous that a sport with 12 players on the field at one time has 12 coaches but that’s the way the sport has developed over the years.
the number of staff is a moot point.
The fact remains that coaches were paid an average salary of $275,000, a stark contrast to the $80,000 average for players…a whopping 3.5X MORE.
no other pro league has such a marked discrepancy between coach vs player compensation.
I think that saying 10 coaches is a little light
Would Athletic Trainers and equipment managers count as coaches as they are on the field at practice and games
My count would be more like 14 - 16
HC
OC
DC
STC- 1 Asst
QBC
RBC
Rec C
LBC
OLineC
DLineC
DBC
Strgth + Condit C
Head Trainer - 2 Asst
EQ Manager - 1 Asst