Cubs' Average Price For Season Tickets Will Rise Red Sox Look To Avoid Luxury Tax Sources: LeBron Not Staying At Trump Hotel In N.Y. Clippers Holding Camp In Hawaii A's Reinvesting All Revenues Into Coliseum, Club Twins Owner Says Club Is Not For Sale Royals Will Not Exceed Current Payroll Sources: Penguins Getting $25M Investor Vikings Upset Over MLS Games At New Stadium Browns Make Case To Maintain Personnel
GUESS WHICH CANADIAN FRANCHISE IS SET TO LOSE MONEY?
Published August 31, 1995
The Blue Jays are expected to lose money for an unprecedented second year in a row, while in Montreal, les Expos expect to turn a profit, according to Danny Gallagher in this morning's GLOBE & MAIL. The Expos are crediting their $11M payroll for this year's success, and "for once, talk of the Expos moving elsewhere has subsided." Expos President Claude Brochu says the team plans to increase its payroll in '96 by up to 50%. Brochu: "We're fairly optimistic we'll end up with revenue sharing in the new basic agreement." The Expos lost C$21.75M last season. The Jays have seen attendance drop by 10,000/game this season. That, combined with 31 strike-lost home dates and a $44M payroll, have hurt team finances (GLOBE & MAIL, 8/31).