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Originally Posted by Beadyeyez
Guelph's stadium is definately bringing down Hamilton's gate sales. I think their new stadium...as poor as it is IMO....will draw curiosity ticket sales for a year or two, and hopefully most will keep attending. If the CFL keeps scheduling Tuesday and Thursday games in Toronto...they are going to reap what they sow. Next year Ottawa will add to the gate sales as a new revenue stream(for how long is anybodys guess). Edmonton had some poor weather for at least one of their home games. Montreal is staying steady but also reflecting the product on field. I think this year is a minor hic-cup in some markets due to the circumstances.
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I'm no fan of the new stadium in Hamilton, I think they could have done a lot better. Something with at a least a partial roof might have been in order. After all it is Hamilton not Arizona. When you dig a little under the surface with what this stadium is offering the fan experience in terms of premium seats, box suites etc. It doesn't look like all gloom and doom.
From the video I've seen the box suites look superior to me to what IGF Field is offering. And that's not a knock against IGF Field as a whole I think it looks like a fine stadium. Hamilton's stadium can also be easily expanded over time.
As I pointed out in an earlier post fan attendance in the NFL has been steadily declining as well. Thats less problematic for both the NFL & the CFL than some might think. Since the majority of revenue the teams in these leagues makes comes from broadcast revenue. It's ratings that count more than anything in this day and age.
The figure I have heard in the NFL is that each team receives just over $100 million in revenue from the broadcast rights for the games. And starting next year the new TV contract begins and each team in the CFL will be making almost the equivalent in revenue from TSN for what the salary cap is for each team.
So basically what the teams are able to make from the gate, concessions etc. will be gravy for them. So even Ottawa when they come into the league next year will probably be profitable.
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