Menu
Download the app

SBJ subscribers – Enhance your experience with the revamped iOS app

Leagues and Governing Bodies

B.C. LIONS OWNER BRALEY LOOKING TO BREAK EVEN ON GREY CUP

          Grey Cup '99 Chair Jack Farley said that the B.C.
     Lions' 26-24 loss to the Calgary Stampeders in the CFL's
     Western Final on Sunday was a C$1M "hit to the pocketbook"
     of Lions Owner David Braley, who had secured rights to the
     title game, according to Lowell Ullrich of the Vancouver
     PROVINCE.  If the Lions made the Grey Cup, Braley was likely
     to earn a profit from hosting the game. But more than 37,000
     tickets have been sold for Sunday's game, "just short of
     what Braley needs in order to break even purely from the
     sale of seats" (PROVINCE, 11/22).  Braley paid around C$3M
     to host the Cup, and in Toronto, Grant Kerr reports Braley
     now "figures to break even instead of showing a healthy
     profit had the game sold out at 59,478 with the home team
     involved."  Lions President Glen Ringdal estimated that
     Braley "probably will lose" C$500,000 on team operations
     this year (GLOBE & MAIL, 11/23).  Ringdal: "As it stands, we
     shouldn't lose money [on the Grey Cup]. ... It cost us
     [C$3.2M] to purchase the game from the CFL and we will have
     approximately [C]$800,000 in expenses. ... The break-even
     number is about [C$4M].  At this point, we have [C$3.5M] in
     the bank from revenues generated" (CALGARY SUN, 11/23).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/1999/11/23/Leagues-Governing-Bodies/BC-LIONS-OWNER-BRALEY-LOOKING-TO-BREAK-EVEN-ON-GREY-CUP.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/1999/11/23/Leagues-Governing-Bodies/BC-LIONS-OWNER-BRALEY-LOOKING-TO-BREAK-EVEN-ON-GREY-CUP.aspx

CLOSE