Yep. Teams are adept at juking the stats (see The Wire) to make it seem like they’re poor so they can con ordinary taxpayers into funding their stadiums or whatnot. Total grift.
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Do you guys actually feel these rich people that invest in the CFL are only there so they can write off their losses???
IMHO, Whatever these guys make, they re-invest back into the Team or/and their City
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I don’t think Amar Doman, Bob Young, Stelco, or MLSE willingly invest in things knowing that can’t or won’t turn a profit. You don’t get where they are by being emotional.
I also don’t think that’s a bad thing. The idea that the CFL is a charity doesn’t help it’s perception. It needs to be a money making venture to continue to attract quality ownership over decades to come.
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I can’t speak for CFL owners, but American sports is all about money and owners’ appetites are insatiable.
In Chicago, the Bears (worth $9 billion) got the city to pay for a complete redo on the stadium 25 years ago that the city still owes half a billion on. They said they needed more more more suites to “stay competitive.”
Not good enough. After only 25 years, they want a new stadium and expect the state to pay for infrastructure along with massive tax breaks.
The White Sox performed no maintenance on Old Comiskey, then said they needed a new stadium because the old one was falling apart. Structurally, it had a clean bill of health. Then they threatened to move to Florida. Eventually, they got the state to build them a new stadium. And get this - for decades, when the Sox don’t get a certain number of paid attendees, the government paid them the difference!
The Field of Schemes blog gets updated several times a week with more stories of how (mostly US) sports owners grift.
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We have 3 new owners in the last 5 years
Amar Doman (BC) 2021
Peladeaue (ALS) 2023
and
Larry Thompson (ELKS) 2024
Technically the HSG is sort of new as well.
Agreed
But
Technically
Caretaker is still at the top
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I don’t know much about Thompson (RIP) but the other two are not lightweights.
It’s no coincidence that the CFL is no longer selling teams to two guys that scrounged up enough money but can barely make payroll. People with big pockets are interested. It’s because there’s money to be made. Maybe not billions. Maybe not hundreds of millions, but still not a charity.
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Wrong Thompson… owner of the Jets is 60 to 70 billion usd.
Who got the wrong Thompson? Grover said he bought the team in 2024, which he did. Im saying I don’t know much about what his value is/was.
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That was my mistake Crash. I deleted a post that mixed up the Thompsons. The owner of the Elks was worth about 14 million from what I could find compared to the media tycoon family that owns the Jets.
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All good.
I was wondering what you meant!
Hello
The 28-year-old was scheduled to receive $45,000 on February 1, the first part of a contract worth $211,000 in hard money for 2026. While general manager Danny Maciocia indicated earlier this month that the Alouettes could find a way to fit that deal under the salary cap if they so chose, he ultimately made the decision to part ways with Mack.
A four year contract sure doesn’t mean much does it?
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He moved his family to Montreal too. Committed to living there year-round, embraced the city.
Any time I see players getting blasted for being “greedy,” I remember stuff like this.
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A player is only good until his offseason bonus is due. Contract length or past performance mean absolutely nothing.
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Toronto Argonauts release veterans Darius Ciraco, Derek Parish
Ciraco’s stock has fallen. Looked like he would be the next Revenberg for us early on.
Parish is a surprise. He’s worth looking at.
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Puzzled by his release honestly. Had a good 2025, still young. Unless they plan to go Canadian at his position? Or there were off-field issues we don’t know about?