Which teams made money last year?

[Capital_Dave]

@EastVanMark

Unless the players fight for it, they won’t get it unless teams like the Bombers start bringing in $80 million min revenue.

Such is life when the cap isn’t tied to revenues like it is in every other league

I think the cap is now tied to revenues, or at least new revenues, according to the latest CBA.

[EastVanMark]

@Capital_Dave

I think the cap is now tied to revenues, or at least new revenues, according to the latest CBA.

The players get a defined cut of new revenues (might not even be all new revenues). Even then their cut is not the greatest. Then there’s the matter of existing revenues that players foolishly gave away back around 2010.
If that were still in play, and the players got a decent cut of that, the salary cap would be $1-2 million higher than it currently is.

[tiggerkats]

The Tigercats attendance has been pretty good, did Hamilton make a profit or are they spending too much on salaries?

[Capital_Dave]

@tiggerkats

The Tigercats attendance has been pretty good, did Hamilton make a profit or are they spending too much on salaries?

They never release their yearly financial reports, but it seems to me that they’re modestly profitable, given their attendance and the value of their recent sale of 40% stake in the club.

[Tedtanium1976]

@Capital_Dave

I consider the corporate owners (eg. MLSE) to be hobby owners, based on the way they run the teams as if they were just a hobby rather than a business.

To each his own. My definition of hobby would mean that the corporate owners would actually enjoy the product or have an interest in it. To my way of thinking it’s more of a trophy that they put on the shelf. They put other people in charge of it like giving the maid orders to dust it once in a while.

[Capital_Dave]

@Tedtanium1976

To each his own. My definition of hobby would mean that the corporate owners would actually enjoy the product or have an interest in it. To my way of thinking it's more of a trophy that they put on the shelf. They put other people in charge of it like giving the maid orders to dust it once in a while.

Yeah, your “trophy” label is probably better for the way MLSE operates the Argos. The point is that they don’t run it like a professional business like the Bombers, Ticats, Roughriders, Lions, etc. do.

[mikem]

@tiggerkats

The Tigercats attendance has been pretty good, did Hamilton make a profit or are they spending too much on salaries?

All teams have the salary cap so I imagine all teams spend a similar amount on salaries.
Most teams are private businesses so they don’t release their figures, we can only guess.
You can look up the financials for the public teams- the Riders, Bombers and Esks and see how high the operating costs are.
Teams with the highest attendance may not make the most money. It’s “quality” not “quantity” - teams like Hamilton and Ottawa sell the club seats, private suites, sideline seats and make a lot of money from that. They can sell out 1,000 club seats at $350 and make as much money as selling 7,000 seats at $50
The Riders make a lot of money on merchandise and concessions.

MLSE can absorb the low Argo attendance, but you have to wonder how many of the 12,000 average are fans that bought the $20 seats sales. Why would you buy season tickets at $100 or $80 when you can purchase the cheap $20 tickets and then sit on the 55 yard line.
The CFL has to be thankful that MLSE own the Argos, no other owner would have put up with the low attendance over the years

[PatLynch]

@GridironGirl

yea that always helps. taxpayer money going to support pro sports is a thorny issue. if you're going to use taxpayer money, you should give them a say in how it's spent.

It’s a taxpayer owned stadium so why not support it . The Canadian Taxpayers Federation is a right wing advocacy lobby . It is supported by Atlas Network, formerly known as the Atlas Economic Research Foundation, a non-governmental 501 organization based in the United States that provides training, networking and grants for libertarian, free-market, and conservative groups around the world. CTF is also supported by The State Policy Network a nonprofit organization that serves as a network for conservative and libertarian think tanks focusing on state-level policy in the United States.
Always consider the sources of your information .Information bias is any systematic difference from the truth that arises in the collection, recall, recording and handling of information in a study,

[PatLynch]

@Tedtanium1976

The corporate owners are worse than the hobby owners.

So BC , the Cats and the Als are badly run ? Their ownership has saved their franchises . God love them The Argos are the corporate owners and they don’t seem to give a damn .

[Tedtanium1976]

@PatLynch

…So BC , the Cats and the Als are badly run ? Their ownership has saved their franchises . God love them The Argos are the corporate owners and they don’t seem to give a damn .

I didn’t say BC, The Cats and the Als are badly run. Check your definition of worse in the dictionary. I said Corporate is worse which implies that hobby or private ownership is better.

[PatLynch]

@Tedtanium1976

I didn't say BC, The Cats and the Als are badly run. Check your definition of worse in the dictionary. I said Corporate is worse which implies that hobby or private ownership is better.

TiCats are owned by Bob Young, who originally purchased the Ticats in 2003, CEO Scott Mitchell and Jim Lawson, the CEO of Woodbine Entertainment Group, own a 60 per cent stake in Hamilton Sports Group (HSG) while the remaining 40 per cent of the company will be owned by Hamilton steelmaker Stelco. That sounds corporate to me .

[Tedtanium1976]

@PatLynch

…TiCats are owned by Bob Young, who originally purchased the Ticats in 2003, CEO Scott Mitchell and Jim Lawson, the CEO of Woodbine Entertainment Group, own a 60 per cent stake in Hamilton Sports Group (HSG) while the remaining 40 per cent of the company will be owned by Hamilton steelmaker Stelco. That sounds corporate to me .

That explains why Ticats have been played like crap last year. Thanks.

[PatLynch]

@Tedtanium1976

That explains why Ticats have been played like crap last year. Thanks.

There was only one team that was truly successful last year . The other 8 are building in the off season . Where did your team end up ? Let me guess . Yours was one of the western losers. right ?

[Tedtanium1976]

@PatLynch

There was only one team that was truly successful last year . The other 8 are building in the off season . Where did your team end up ? Let me guess . Yours was one of the western losers. right ?

We have different definitions of success. According to your definition Winnipeg was a failure. The evidence shows that Winnipeg posted a 4.9 million profit. They were a success by my definition.

We don’t know the financials of the other teams, but the fact that Hamilton was 8-10 last year means they played like crap and I stand by it. Hopefully Bo can save you guys this year. It should be easier because the east is always pathetic.

[PatLynch]

@Tedtanium1976

…ess. According to your definition Winnipeg was a failure. The evidence shows that Winnipeg posted a 4.9 million profit. They were a success by my definition.We don’t know the financials of the other teams, but the fact that Hamilton was 8-10 last year means they played like crap and I stand by it. Hopefully Bo can save you guys this year. It should be easier because the east is always pathetic.

You didn’t answer my question about who is your team . The Bombers are a good team but obviously not good enough . They operated in the black last year as I’m sure the Cats did . The Cats don’t have to show their books in public as the publicly owned teams do . In Cat history they have been publicly owned more often than not .

[Hit.em.hard]

@PatLynch

You didn't answer my question about who is your team . The Bombers are a good team but obviously not good enough . They operated in the black last year as I'm sure the Cats did . The Cats don't have to show their books in public as the publicly owned teams do . In Cat history they have been publicly owned more often than not .

You do realize this thread is about financial success, right? Not about an underdog getting lucky in one game.

[PatLynch]

@Hit.em.hard

You do realize this thread is about financial success, right? Not about an underdog getting lucky in one game.

You do realize that you didn’t answer my question . Tiger-Cat financial success is obvious to all but you .

[mikem]

@PatLynch

In Cat history they have been publicly owned more often than not .

No not really, the only public ownership was from 1950 to 1960. Then over 60 years of private ownership
http://www.htcaa.com/history-ownership.asp

[Hit.em.hard]

@PatLynch

You do realize that you didn't answer my question . Tiger-Cat financial success is obvious to all but you .

You never asked me a question, so how could I possibly answer one?

This thread is about which teams made money last year. Someone else posted Winnipeg’s reported financials, which showed a profit. You said directly that they were not successful enough, and that only one team was successful last year, and the rest were “losers”.

That leads me to assume you were talking about the Grey Cup, which (a) has nothing to do with financial success or this thread, and (b) was won, ironically enough, by potentially the least financially successful team.

If I’m correct in my assumption, your post is not relevant to the topic (financial success not on-field success).

If I’m wrong in my assumption, please explain how Winnipeg, who profited millions, was unsuccessful financially, and who was the single team that you claim was successful last year, while no other teams were. (with a source, please)

[PatLynch]

@Hit.em.hard

…gh, by potentially the least financially successful team.If I’m correct in my assumption, your post is not relevant to the topic (financial success not on-field success).If I’m wrong in my assumption, please explain how Winnipeg, who profited millions, was unsuccessful financially, and who was the single team that you claim was successful last year, while no other teams were. (with a source, please)

Enough with the Socratic Method . I’m out of here .