Comment 90755

By -Hammer- (registered) | Posted August 09, 2013 at 22:49:18 in reply to Comment 90751

Except that Winnipeg, Saskatchewan and Edmonton are all community owned by their municipality and their profits all go to the coffers of their respective cities and are publicly accessible and reviewable, and also mirrors most of the league and makes it easy to extrapolate team profits based on attendance.

Speak nothing of the 1.2 million a year for the next 20 years the Ti-Cats are renting the new stadium for. So even before we account the intangibles the Ti-Cats bring (including the distinct possibility of a Grey Cup festival that in recent years has brought $80 million in economic impact to Calgary, $118 million to Vancouver and $133 million to Toronto), the city of Hamilton has already made back nearly half of it's investment in this new stadium.

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