Which Johnny knows from lots of personal experience.
Best looking fashionable women in all the CFL & the bars open till 4:00am plus beer sold at all corner stores anytime.....
Only until 11PM
Okay, here is an idea that might be applicable for revenue sharing. I will admit that I have not given it deep thought.
1.) All ticket (prices made similar across the league) revenue goes directly to the league.
2.) The league issues the pay cheques and all renumeration to football operations (players, coaches, therapists, trainers etc.) No payment is allowed to go to any of these people directly from the teams. Everyone will definitely be under the cap this way. Each team is responsible for their own office staff.
3.) The league pays all travel costs and gives each team an allowance (the same amount) for football operations. If teams want to spend more (for better training equipment for example) on operations they have to pay for it themselves.
4.) All betting revenue goes to the league and all betting support costs are paid by the league.
5.) All TV and national sponsorship revenue goes to the league, all local media revenue goes to the local team.
6.) All local sponsorship money goes to the local team.
7.) All merchandise sales go to the team.
8.) Any profits left over from the league are split equally among the teams.
This is still far from fair as places that sell more local tickets do not benefit while empty stadium teams do. It does allow teams to still make money by successfully marketing their team locally. It is about as far as I would be willing to go. I am not going to buy a Rider Jersey to support the Argos but I will pay for a ticket to watch the Riders play the Argos.
Don’t like points #1, #2, or #3, narles, takes too much control away from the clubs, too much of a Socialist feel for me. Other points are probably workable.
The Argos should just give their home date against Saskatchewan for the Riders to run, but still give the Argos all the revenue. That could be their revenue sharing.
If there's any revenue sharing it should be with the players for merch sales. Maybe 2% for every jersey sold with your name on it.
Profits are an end result ... revenues are an input ... as TV money already is shared, I would suggest it would be ticket sales that are shared ... nobody buys a ticket unless there is another team on the field ... the debate will be how to share that pot ... equally amongst all 9 teams or in inverse proportion to relative ticket sales ... AND ... what percentage of sales are shared ... oh to be a fly on the wall for those discussions.
The CFL's idea for revenue sharing would be scheduling the weaker teams' home games versus the Riders on Saturday afternoon. Stronger teams would play their home games against the Riders on weeknights.
Really Saskatchewan on a Saturday night ..... where's the revival?
Glad you explained that. After reading many comments, a lot of posters have confused Revenue with Profit. Yes profit is what is left after expenses subtracted from the revenue.
Just googled the NHL and the NFL revenue sharing agreements, the NHL had too many problems trying to determine what to share as revenue. The CFL would have the same problems.
The NFL revenue sharing looks to be the easiest, all teams share ticket revenue, home teams keep 65% and the other 35% is shared between all teams.
That could work in the CFL but it does mean that instead of 3 or 4 teams making a small profit and 3 teams having big losses and the other 2 maybe breaking even, ALL teams would lose money but the 3 having the big losses now wouldn't be losing as much.
Of course that changes if attendance goes up in Toronto, Montreal and Vancouver.
The way I see it. This will force community owned teams to invest in the league before disbursing their profits which are in the 9 to 15 million range and not the 1 million or so they like to show.
Where do you see the 9 to 15 million range? If anything the public teams have to show every cent on their balance sheets. It's the private owned teams that don't have to show a thing.
The community owned teams are responsible to their share holders and their board.
If I had bought shares in the Riders at $300 a share, I would want to know exactly where all that money goes.
And they aren't disbursing profits, they would be disbursing revenue.
yeah...too funny. ragging on community owned teams who release their books every year as compared to private ownership who release NOTHING.
This from a guy who said Montreal Als were a gold mine for W family.
please show us where you come up with profits of 9-15 M.
Revenue sharing nothing gets you nothing .
They should become the anchor for Football Canada as amateur sports promoter and benefactor .
Now let's hear from the CFL real ideas in increasing revenue and helping reduce costs .
For me it's easy if the community teams make money be more like the community teams .
Private owners become like caretakers for so many years as a non profit and gain government assistance to build infrastructure for more teams and help with grass roots football .
Then when you get more teams you get a better domestic contract from competing media players for more games .
Sell the rights to the league name to a national brand and gain income for the league and money for football Canada . The positive upswing is huge .
Heard enough off this I can't make money blues when the league has never been a money maker .
Change it to something that is real and attainable and get on with it .
The community owned teams are not on the same level as the privately owned because they have little to no competition for the sports dollar plus. The players on one team in particular get discounts on active wear (clothing) .
Let's go pre-covid so 2019 financial report and stay away from the Riders Books, so something in the middle = Winnipeg to demonstrate how money is syphoned out of these community owned teams.
Public transportation program $858,893.00
Comment: No private company would pay this.
Community support and special events $369,104.00
Comment: No private company of this size would give away hundreds of thousands of dollars.
Game day, merchandise and concessions -$5,690,269
Game day, merchandise and concessions $6,572,964
Comment: If you believe the Bombers make 15% on their six dollar beer, well I can't help you.
Five million in loans to "Valor FC"
Due from Triple B Stadium Inc. (Note 14) $ 5,078,072
Nature of organization
Valour FC Inc. ("Valour FC") was incorporated as a Manitoba Corporation on March 3, 2018. The
object of Valour FC is to carry on the operation of a professional soccer club in Winnipeg, Manitoba
and participate in the Canadian Premier League. Valour FC is exempt from income taxes under
Section 149(1) of the Income Tax Act.
Comment: Why is a Football team in a starving league is financing Soccer teams?
The whole Triple B Stadium thingy....
Due from and to Triple B, of which the Club is a member, are unsecured and non-interest bearing.
The balance due from Triple B has no fixed terms of repayment.
The balance due from Triple B at December 31, 2019 relates to accrued deferred contributions and
a cost-recovery of public transportation program expenses paid for by the Club. The balance due
from Triple B at December 31, 2018 relates to costs paid for by the Club for certain services
purchased on behalf of Triple B and a cost-recovery of public transportation program expenses paid
for by the Club.
During the year, the Club recorded contributions of $388,192 due from Triple B for stadium capital
improvements (Note 7, 13).
The Club has operated a public transportation program for Winnipeg Blue Bombers home games at
IG since 2013 and has paid for all expenditures related to this program. In 2017, Triple B formally
acknowledged their legal obligation to fund a portion of the public transportation program retroactive
to 2013 and on a go-forward basis. Accordingly, the Club has recorded a receivable from Triple B
for their contribution to the public transportation program. This contribution amounts to $4,469,183
(2018: $4,053,073) and includes costs for the current year and prior years dating back to 2013. As
of December 31, 2019, the Club has determined that there is significant doubt surrounding the
collectability of the receivable from Triple B and has recorded an allowance for doubtful accounts
equal to the recovery of $4,469,183 (2018: $4,053,073). The net impact of these transactions on
the statement of operations and changes in net assets is $nil.
I stopped, too nice a day to dig but these Community owned teams are managed like slush funds by their boards and by the Community
Winnipeg's gross profit before their little disbursement programs was over 10 million dollars in 2019.
well you provide some numbers and your interpretation which means nothing.
For instace the transportation costs are what Bombers pay to have busses rerouted to their stadium ...a true cost.
At any rate I trust the accountants more than I trust a guy who sells hardware who provides his versionof accountant skills off the corner of a table.