Quote:
Originally Posted by Simanium
Except that basically every one of the new or renovated CFL stadiums (including the Riders new stadium) have been done with public funds. The profits in the CFL do not compare to the big professional leagues (NHL, NBA, NFL, etc.), and CFL teams don't have the profits to pay for new facilities. For example the Riders turned a profit of $1.1 million in 2014 and made another $9.3 million from hosting the Grey Cup ( http://www.leaderpost.com/sports/Rec...995/story.html). Even if they hosted the Grey Cup once every 5 years, the profits would take almost a century to cover the cost of their new $278 million stadium. The lifespan of a stadium is not that long, public funding is essential for the CFL. |
How so? Calgary has one of the worst barns in the league and still has one of the highest average attendances. That's my point, that league doesn't need subsidy. The low cost of operation keeps the ticket prices down.
Explain to me why the Stampeders need a stadium beyond "They would like one". McMahon has been dated for decades, I'm not sure why this has changed.