yeah, after the West Harbor battle the likelihood of Bob Young and Mayor Fred Eisenberger trading Christmas cards is a big fat zilch which does not bode well for a Grey Cup bid while Fred is in Office.
[b][i]"The Grey Cup host is determined by a bid process. This is similar to the bid process for cities to host a Brier, World Junior Hockey Championships, etc. or even Olympics, though the bid will be initiated by the member club in cooperation with the host city. Once the Grey Cup is awarded, a Grey Cup organizing committee and company will be setup to conduct the Grey Cup festival and game planning and business.
Teams/cities submit bids to the CFL to host the championship game and the prior week of festivities."[/i][/b]
"If multiple cities bid for any specific year, revenue, market saturation (how long since they've last held the event) and special circumstances will be considered, likely in that order. If only a single city bids, but low balls their revenue due to lack of competition, the league could defer a decision, asking for other bids. Lack of being named a Grey Cup host is only due to not bidding or having an unacceptable bid. This is capitalism, where the bid that guarantees the most revenue to the league wins, not socialism, where everyone gets a turn, even if they can only offer break-even prospects."
https://cfldb.ca/faq/league/
[/quote]
The last sentence above, re: "capitalism" is interesting.
I thought that host teams paid a set amount to host a Grey Cup (something like $3-$3.5 million), and got to keep whatever net profit that they generated afterward.
No mention anywhere of that, but I would imagine that the CFL would take a cut off the top. The winning and losing teams have to paid that must be worth at least $1.5 Million.
Some interesting numbers about Ottawa hosting next year. The benefits to the city of big events are always overstated, the hosts will say $100m but closer to $10m
The $100 million infusion sounds like a lot of money — and it is according to American economist, Robert Baumann, who scoffed at the high-rolling numbers.
Baumann has worked on numerous studies measuring the impact of large sporting events such as the Olympics and World Cup on local economies. He said that while politicians and bigwigs in the CFL like to quote big numbers, the reality is they’re quoting the total dollar amount that will be invested into the economy, not the amount of money that will be left over after all the festivities expenses are taken out of the equation.
Baumann estimated that real economic impact of the 2017 Grey Cup in Ottawa will likely be closer to the $10-million to $30-million mark — a figure that is more in line with other cities, such as Winnipeg and Vancouver, that have most recently hosted the Grey Cup.
Yes, host cities and the organizations like to tout big numbers. It sounds like the 100 million is more along the lines of 'economic activity' which is really money changing hands from one party to another.
Go to a restaurant spend say for example 50.00 for dinner for 2. The 50.00 is 'economic activity' while actual tax revenue is around 5.00 give or take and that would be split up between the province, feds and perhaps the city depending on the region. This would be the real income.
In that example you feel like being generous and give a 20.00 tip, the 'economic activity' just increase by 40% though the actual gain to the city remains the same. Funny how math works.
Regina has more hotel’s than Hamilton and Regina has added a bunch as well. I think it’s doable with some planning. Run shuttles to the and from GC venue’s.
No mention anywhere of that, but I would imagine that the CFL would take a cut off the top. The winning and losing teams have to paid that must be worth at least $1.5 Million.
If you scroll down the page from the link that was posted from this site a few posts back, there is the question “How much does it cost for a host team to purchase a Grey Cup from the CFL?”. In 2015, Winnipeg paid the CFL $4.3 million for the game. In 2013, Saskatchewan paid $3.78 million for the game. Not all information is public, but it seems that the Grey Cups between about 2003 and 2009 went for $3 million or so.
Host cities also have to pay the CFL to host playoff games.
Well Jim the only “official site” is the CFL and each individual team site where you will get very little information.
I find the CFLdb site very credible and use it often, the same as many credible sources within the League whose opinions are much more credible than your opinions and ours.
It was reported the rights to Grey Cup's revolve among CFL teams and that David Braley bought the rights from Hamilton for the 2011 game. So even if Hamilton doesn't host the game and "there is an open bidding process", the Ticats and other infrequent GC hosting teams still benefit. Perhaps $2.5M of the bid might go to Hamilton when it's their turn...and so on.
I would imagine that any amounts that Winnipeg or Saskatchewan (or Edmonton) paid to host a Grey Cup would be made public because they are community-owned franchises.