SBD/6/Leagues Governing Bodies

THIS IS NOT YOUR FATHER'S CFL AS TEAMS SET TO MAKE A PROFIT

          Despite a slight decrease in attendance and TV ratings,
     the CFL is "on the verge of turning a record profit,"
     according to Marty York of the Toronto GLOBE & MAIL.  CFL
     sources said that the league is "anticipating" taking in
     "about" C$4M in TV, sponsorship and licensing revenue by
     season's end, to be distributed among the eight clubs.  That
     revenue will be combined with the C$4M in NFL assistance
     this year, meaning "that each CFL club will be picking up"
     an extra C$1M.  That C$1M for each franchise "represents
     megabucks -- enough to ensure that each organization will
     finish in the black for the first time in decades."  League
     Chair & Acting Commissioner John Tory: "There is no doubt in
     my mind that the overall financial health of the CFL is
     better than it has been in a very long time. ... Under no
     circumstances ... will the league be writing out any cheques
     to bail out any of our franchises this year"  York: "So
     delighted are CFL executives with the bottom line this
     season that it appears they have called off their search for
     a new full-time commissioner. ... It seems safe to conclude
     that Tory will continue to serve as a volunteer commissioner
     for the rest of this season at least" (GLOBE & MAIL, 8/6).

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