Lefko article

Hamilton Tiger-Cats
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Interesting article by Perry regarding the differences of the community owned teams out west and the individual team owners here in the east.

[url=http://www.sportsnet.ca/football/cfl/2012/04/04/lefko_cfl_blue_bombers_roughriders_success/]http://www.sportsnet.ca/football/cfl/20 ... s_success/[/url]
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[b]Lefko article[/b]
These words usually give me the shudders. Not a bad article though. Having lived in the west, I know how community ownership often gives a boost to a team's fortunes.
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I am glad the Tiger Cats are privately owned today because there is too much competition for the entertainment dollar
in Southern Ontario. Too much risk that the City might have to bail out a community run team with taxpayer's money.

From their inception in 1950 The Tiger Cats were community operated under the guidance of prominent local leaders
There were many financial ups and downs back then just as their were out west with their community operated teams.

but the western teams survived through their financial rough times, but the Tiger Cats could not make it through them.

In 1973 Michael DeGroote, C.E.O. of the local firm Laidlaw Transportation bought the community owned Tiger Cats.

Now, out west, most, all[?] of the community operated teams are thriving due to excellent merchandising and marketing

P.S.

I would also like Copps Coliseum and Hamilton Place. other entertainment businesses operated by the City

to be run by private interests who are specialists in their field, or, better still, sold to them outright.

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I would also like Copps Coliseum and Hamilton Place. other entertainment businesses operated by the City

to be run by private interests who are specialists in their field, or, better still, sold to them outright.


This may indeed occur Ron in the near future Ron.
Are there not a few groups (The Katz Group being one of them) attempting to purchase, or at the very least, take over management of said properties?
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[url=http://www.thespec.com/opinion/columns/article/671507--hecfi-bids-keep-nhl-dream-alive]http://www.thespec.com/opinion/columns/ ... ream-alive[/url]

Besides AEG and its partner, the Katz Group, two other giant entertainment and event firms

want to operate the HECFI facilities — Copps Coliseum, Hamilton Place, Convention Centre —

SMG and Global Spectrum and 3 other groups with local ones among them, tangledweb.

Read about how big they are in the article even if you are tired of the NHL dream, as I am.

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Based on what has happened to RIM and Mr. Balsillie, it looks like Gary Bettman and the NHL governors got it right for once. :oops:

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I don't follow. I'm missing the point, please explain.

If he got hold of the Coyotes during the bankruptcy trial, Balsillie would have owned that huge asset (the NHL team) well before RIM stock tumbled. And, by all accounts, a Hamilton NHL will make a hefty profit.

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and Balsille should still have a net worth of approx. $700-800 million even after the stock dip, which is ample enough to purchase an NHL team I believe.