2015 Esks took in record revenues - $25 million

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]

Esks posted a $1.57 million profit.

[url=http://www.msn.com/en-ca/sports/cfl/grey-cup-champion-eskimos-posted-dollar1567-million-profit-in-2015/ar-BBsBSNA?li=AAggXBR]http://www.msn.com/en-ca/sports/cfl/gre ... li=AAggXBR[/url]

and on the blemished side of the coin...

[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]

CFL News ?@CFL_News 24m24 minutes ago
[b]Revenue for the season was $24,818,793 and the expenses totaled $22,835,579.

Profit: $1,567,534. #CFL #Esks via @sunterryjones[/b]

CFL News ?@CFL_News 29m29 minutes ago
#Esks players and coaches were paid $7.8 million in 2015. - @SunModdejonge

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

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[/b]

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.

What's THAT about? :? Just a reference to the team not being particularly media-friendly?

"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.

Wasn’t the Fort Mac game an Argo home game?

Yes. It was an Argo home game. Doesn't Bring down the Eskimos' attendance figure at all.

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.

Edmonton made at least 5 million dollars before cooking the books.

Didn't Edmonton play a preseason game there too?

Yep , against Sask. it wasn't a sellout but fairly well attended I believe.

Nice Easily the top CFL team and great fans in the league

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.

it's a joke really and needs to be reformed.

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.

just ludicrous.

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.

and it will only get worse in the coming years.

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