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TORONTO'S LOSSES FROM STRIKE EXAMINED ON CNBC
Published March 28, 1995
CNBC's Scott Cohn reported on the attitude toward baseball in Toronto as no opening day approaches. Since Ontario's law doesn't allow replacement workers, the Jays will play in 6,000 seat Grant Field in Dunedin, FL instead of Skydome. Economic consequences for the usual home of the Blue Jays will be significant. Cohn reported that last season's strike cost the team $17M in ticket sales, and the City of Toronto estimates that the team pumps $50M into the local economy. Cohn: "No home games means no $50 million." Businesses that depend on the team all stand to suffer. Toronto Mayor Barbara Hall: "There's an economic impact and there's also a real sense of loss in terms of people's lifestyle" ("Sports View," CNBC, 3/27). LAND OF THE RISING SALARIES? "Bloomberg Business Report's" Bob Goldsholl reported on the exodus of some major league ball players to Japan. Goldsholl: "Japanese fans are now wondering whether their game is headed down the money, star-driven path of the American game" (PBS, 3/28).