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Originally Posted by Dillweed
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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I think even with the new deal, the TV revenues will only make up about 25% of revenue for most teams. For the Riders, probably somewhere around 10%. The CFL, although on firmer ground, is still much more reliant on gate revenues than the NFL.
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