Interesting little factoid in this Globe ROB article about the MLSE Argonauts acquisition...
Quote:
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BCE's financial disclosure from 2015 showed the Argos were purchased for a total of $50-million; even with a Grey Cup win last month, a franchise with the league's worst attendance isn't worth much more now than it was two years ago.
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https://www.theglobeandmail.com/repo...ticle37337507/
So with the Argos worth $50 million and a bit (given that a couple years have passed since that value was established), it's probably not much of an exaggeration to say that some of the higher-revenue teams are probably into the nine figures when it comes to value. Of course it's moot because the Roughriders, Bombers and Eskimos are community-owned teams that will never be for sale, but it certainly puts the lie to the idea that CFL teams are near-worthless entities that people could buy for peanuts.
It kind of makes you wonder what the expansion fees will be like for the 10th team.