Now one thing I don't get for all of those who say they are waisting tax payers money.
if I understand this correctly and I do, don't all fans pay taxes on their tickets?
GST + PST(?) + Luxury tax(possibly)?
don't all players pay taxes?
don't all the staff pay taxes?
They do don't they?
this is a business that provides jobs isn't it?
if Halifax was to get a Asper like Stadium(read about aspers proposal to see that)
and the Breakdown in funding is say 30M(fed)/30M(Prov)/30M(city)/10M(private) I know that is a low private $$ amount but it's just an EXAMPLE hopefully the private sector would step up more then that)
For a 30-35K seat stadium.
Going by Aspers own plan a very good portion of the stadium construction costs go back to the government due to taxes the city/prov/feds have on the construction workers pay or construction materials(purchasing set materials)
right there that is money re-absorbed into the system(so to speak)
Now this stadium opens say it has 10 football games a year(without playoffs) + 1-3 concerts a year + socials + meetings(business meetings) + possibly conventions + other possible special events(monster trucks, WWE, maybe a circus or fair?)
just on the football events(providing the community supports it) there are 30K fans paying 20$ tickets 10$ a year that's 300K people paying 20$ meaning 6M in ticket revenue.
varying taxes on that amount add up to 23% in manitoba in the maritimes it's like 24%
so that is almost 1/4 of all ticket sales going back to the Gov(1.4M per year)
now sponsorship is taxed no?
again players salaries(4M = 1M in taxes)
all staff
Concessions + merchandise
if the team makes 14M in revenues it is losing what? 1-2M in taxes(meaning like 12M community owned teams report their revenue after taxes I do beleive as there is no spot where they report the PST/GST or Luxury tax on tickets which are there) now basicly all their expenses(which are 11-13M) are taxed against for 14%(atleast) in the maritimes)
Annual tax contribution from an average CFL team is what? 4M
this doesn't add the bonus of a playoff game or grey cup or people who come into the city/province/country to see a or many CFL games.
or how it is an x-factor for keeping youth in a city. people might not beleive it, but if your left between two cities(say Halifax and St.Johns(Newfie) Halifax has a CFL team, St.Johns has no teams higher then junior hockey taxes are the same, location are basicly the same who do you pick? if your one of the 4-10M Canadians(10-25% of the population) who like the CFL ya go with the one with a CFL team)
now back to the numbers, teams contribute 4M per year(40M extra in economic activity in a grey cup year)
going by the taxes generated from a CFL team they would pay off the stadium in 20 years(alot less when added taxes generated from the construction)(also doesn't count added bonuses from players in the community(living there, extra taxation on via property tax), community service by players, charitable donations by team and/or players)
Now that might seem like a long while but what happens after that 20 years?
there are two ways to look at it, the team will spend the next 30 years putting money in towards a new stadium(occasionally receiving help to fix up the stadium)
atleast the team will be contributing to the city, especially if you add in a few major concerts(like the rolling stones ones) which alone can generate 4M per year(could easily be used as the method to pay off the stadium)
this would be introducing a CFL team to a location is not currently in meaning it has the potential to create alot for that city, not like in Winnipeg where the team/players are already there. Halifax or Quebec City or London or Windsor all jobs(players, execs down to the game day staff) are new taxable positions.
Creating two teams out east also helps the CFL get a much better deal out of TSN/RDS in 5 years as it should greatly help the french TV numbers(quebec city vs. Montreal games) and allowing canadians to have a team to cheer for coast to coast.
right now what? 2.4M maritime fans don't have a team within 7-8 hours range?
That's a big market of CFL fans they make the trek to the grey cup, one would think they would make the trek to a CFL team in their back yard(like with those Rider priders).
if out of that 2.4M only 50K new fans watch the CFL on TSN(2% of the population) that is still a decent increase to TSN's viewership
Quebec in the CFL could easily double RDS's viewership.
meaning that the new contract could be like 20M+ from TSN and 4M+ from RDS(2.4M+ per team)(another solid increase)
what happens to most this money? that's right tax tax tax. Each an every year.
It's no longer tax money from Joe Shmoe is it? nope it looks like it is all tax money from the team going to cover any "handouts" they receive while providing the same benefit to canadians as alot of heritage sites that actually do use up straight cash from the taxpayers.
If you want something to cut so everyone can be happy let's cut welfare(long term welfare) anyone is on it for over 1-2 years they are cut off and shot out of a catapult. lol, or the other option is don't put any money towards prisons.(not the best idea) but the idea would be make the prisons earn money.(sponsorship lol)
Force Prisoners to do work that would then allow the prison to sell a product for $$.
prisoners need to fill up their day and hey everyone wants to buy canadian goods, turn medium security prisons into sweat shops, as I don't expect they are right now, so why not?
What is this all about? creating money to better the lives of honest hard working canadians which yes does include creating sporting facilities like stadiums/arena's.
Both for canadians to play on(CFL stadiums + NHL arena's are used by Junior/University teams) and canadians to fill the stands and watch their fav teams duel it out.(along with provide jobs for canadians as managament/concessions and maintenance)
there are things that can be cut or added to the fed/prov budjets that would allow for construction of these entertainment/bonding locations.
How many places other then CFL or NHL facilities do you get 15K-20K(NHL) or 20K(MTL)-55K(EDM) Canadians bonding for one common goal uniting(possibly into two groups).
It doesn't happen anywhere else, they(the NHL and CFL) are part of the heritage of being a canadian, the NHL and CFL were made in canada, are played largely by canadians are supported mainly by canadians.
why not allow those canadian supporters the ability to watch it coast to coast?
give money to some people who screwed up baddly(possibly by killing someone, assaulting someone or getting knocked up at 16(or younger)( + aren't willing to work 4 shifts at Safeway/sobeys/walmart a week)) instead of giving a whole city of canadians a place to go out and bond.
I know people won't like the idea of taking away from these vital gov services and in no way am I saying all people in those two example area's are really stupid or bad, however a good chunk of them may just be, I am not saying eliminate them, just modify the way in which they work to free up the needed capital to allow for a yearly budget of 20-30M Provincially and 40-50M(atleast) federally to sporting/entertainment facilities