I wonder if the valuations of CFL teams have kept pace with the inflated values of other sports franchises? According to Forbes, the MLS Montreal Impact are worth US$128M with TFC @ US$175M. MLS teams have gross revenues comparable to CFL teams but lose money, while all CFL teams except the Argos reportedly made money last year.
Canadian football teams also have a 150-year track record in this country with most teams playing in newly refurbished or brand-new stadiums with improved revenue streams. The CFL's TV contract with TSN is lucrative and long-term, with good ratings averaging 500% higher than Canadian MLS teams. CFL teams also draw a higher average attendance than MLS teams.
Despite the CFL's rosy outlook the league is generally restricted to Canada with few locations to move a franchise...if one were to ever struggle financially. MLS franchises could supposedly move to another location in the U.S. (the Chattanooga Choo-Choo's anyone?) which boosts their franchise values exponentially compared to CFL teams...or so the story goes.
Considering the Als favourable stadium lease (and they have some upside attendance-wise) plus their lucrative RDS TV contract and sponsorships, I'd peg the Als value at a minimum of US$45M. :thup: