The Riders showed $31M in revenues to the end of their 2012 fiscal year.South Pender wrote:Thanks, Hambone; that's good information to have. After looking at the numbers, I'm experiencing a little confusion, however, about the 'proportion of revenues' part of it. If the sponsorship money received by the Riders, as one example, is $4.985M, and this is 15% of all team revenues, this means that team revenues run to about $33M. And yet the team pays its players the salary-cap of $4.4M, which would be about 13% of team revenues. As you know, most pro sports share close to 50% of team revenues with the players in the form of salary, and we know that the CFL players are negotiating for 56% (which they probably won't get). Still, if they were to settle for 50% of team revenues, this would mean something like a 300% increase in players' salaries, wouldn't it? Even if we use the lowest of the three values you present (Bombers), team revenues would seem to be close to $17M, leaving their salary portion at close to one-quarter of team revenues, and a 50% share with the club would about double the salaries for their players. So, I guess I'm missing something with these numbers. You can probably explain the seeming discrepancy.Hambone wrote:Well put it this way when looking at the 2012 financial reports from the community owned teams one finds the following when it comes to sponsorships:South Pender wrote:Just to have some factual information, I'd like to know what was obtained by the CFL and its teams from the association with Rona, Scotiabank, and Coastal Capital Savings (and any others I've missed)--the companies whose logos I've seen from time to time on CFL uniforms. And how was the money distributed? Did a portion go to each team, with the CFL keeping the rest? How much money was involved and how much did each team get? I suppose that, if the amount was really substantial, it could be argued that this kind of commercial affiliation is necessary to keep the league afloat. But I wonder whether the total received rose to that level.
Riders - $4.985 Million - 15% of all revenues
Eskimos - $3.597 million - 19% of all revenues
Bombers - $3.039 million - 18% of all revenues
These numbers do not include the CFL disbursements part of which would include teams' share of TV revenues and league negotiated sponsorships. Those ranged around $2.1 million per club.
Suffice it to say those annoying (in some eyes) little patches and sideline boards help contribute significant coin into the pockets of each club.
Gate receipts $10.76M
Merchandise - $6.97M
Sponsorship - $4.98M
Concessions - $3.83M
CFL - $2.05M
Friends of Riders Inc. - $1.24M
Interest & Investment income - $346K
Fundraising and other - $845K
Even though the revenues are high for merchandise and concessions they also eat up a lot of expenses. They show merchandise and concessions expenses of $5.47M and $2.52M respectively. So a $1.5M profit on merch and $1.3M profit on concessions. The Lions don't get any concession revenues as far as I know.
For purposes of cap calculation the 50% in other leagues is not 50% of team revenues. It's 50% of specified revenues. The old CFL CBA indicates ticket sales, TV and broadcast revenues and some league generated revenues are "defined gross revenues". In the numbers above probably only the gate receipts and CFL entries would apply. The NHL term is "hockey related revenues".