Oh please.. The Argos pay there players like 4 million US.
TFC pays there's 20 million US.
Apparently, TFC only lost 6 million US last season...
By these standards, the Argos should be good with 5k in the house
The Bombers don't break even at 24K. They break even at 27,000 - 28,000 K. They also have to rely on events like the Women's World Cup (rent) and their whatever cut they get from concerts to break even. Last year they averaged a shade under 27,000 per game and with the $4.5 million annual stadium repayment they took a slight loss. They will have to keep attendance up this year as the only event they will have at the stadium outside football is the Heritage Classic.
18000 to break even for the Argos!? Hmmmm, maybe if they sell out all the expensive premium seating.
18k to break even? their ticket prices are lower than Hamilton’s and Ottawa’s, they don’t have naming rights, NO ads on the field, also I counted SIX empty private suites at BMO on Thurs night, the expensive field level sideline seats were mostly empty, their were rows of empty seats below the press box on the 55 yard line that are the most expensive seats.
I don’t know about corporate advertising but I don’t think the Argos are on the radar.
So Slim , by your own admission 6 suites were empty so 39 were full then , what the heck is wrong with that?, THF only has 30 suites all told . Club seats are sold out at BMO and the field side seats sales look pretty good as well . Not too bad for game 1/year 1.
Yes it was my own admission that there were 6 empty suites. I didn't say there was anything wrong with that?
Also the premium seats below the press boxes were empty and the field level club seats were empty.
Someone above stated that the premium seats and suites were sold out? But I was at the game and they were empty, you would think that if they were sold out that people would show up for the opening game.
I am curious as to how they could break even at 18k when they are not going to generate revenue from empty suites, club seats etc
Richard Peddie was interviewed on PTS a few years ago and said when MLSE was looking at buying the team, they knew it would be profitable. But the profit was only a million or two bucks which wasn't enough for them to do the deal. This was before the new TV contract.
Curious that Madani is changing his usual support Rogers m.o.
If you take away the Stadium payments, Winnipeg is rolling in cash. When I said they make money at 24K, I ignored stadium payments.
Yup. That's the way I took it.
Well said. :thup:
I remember that. They said owning the Argos was more trouble than it was worth. They also knew, once they bought the team, they could never sell it so they were weary. Needless to say, I'm glad Tannen-Bell changed their minds. To hell with Rogers.
Deep down, I think he loves the League. Unfortunately, his boss does not.
I just never understood why the Argos struggled to break even while other teams were profitable. After all, their expenses are comparable. 18K made sense to me because I've heard similar numbers from other teams. And, even if 18K is a positive spin and the real number is 21K, it is still (more than) doable and that's wonderful news.
^^Post of the day!^^
I agree, 100%. I've never understood why it's okay for Rogers to lose 10's of millions on the Jays but justify it by saying, "Yes, but we get 162 games of Canadian content during the summer", but it's NOT okay for BCE to lose less than $2 million on the Argos and say, "Yes, but we get 90 games of Canadian content during the summer"
Hypocrisy, at its best, from the Prime Time McClown crew.