Quote:
Originally Posted by thurmas
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I have posted the above article several times to illustrate what the approximate costs to running a team are. Whether you obtained it from one of my posts or not, most times I post it I usually draw attention to the fact that this article was written before the new TV contract that was
2 and a half times larger than the one that this article references.
Note the date of the above article is 2011, the new contract began in 2014, so
no, the breakeven point is not 22k.
Report: TSN and CFL agree on deal worth $40-million a year
Dan Ralph The Canadian Press March 21, 2013 Updated May 11, 2018
CFL commissioner Mark Cohon believes the road to profitability for the league's two troubled southern Ontario teams is now significantly easier thanks to a lucrative new broadcast agreement.
The deal with TSN, which runs from 2014 through 2018, is worth in the neighbourhood of $40 million per season, according to a league source.
That's more than 2 1/2 times the previous five-year agreement, which was worth $15 million a year. That means starting in 2014, CFL teams can expect to receive more money from the league.
That's good news for the Toronto Argonauts and Hamilton Tiger-Cats, the CFL's only money-losing teams (in 2013). Cohon said the new deal should allow clubs that struggled financially in the past to become profitable while also enhancing franchise values.
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