Menu
Franchises

MARKET WRAP: TORONTO AREA'S 11 TEAMS MAKE FOR COMPETITION

          Including the OHL and IHL, the Greater Toronto Area
     (GTA) "could have 12 pro sports teams by 2002, all competing
     for fans, airtime, and, most of all, money," according to
     Morgan Campbell of the TORONTO STAR, who examined whether
     the market is over-saturated.  While it "seems congested,"
     officials from the "new teams are confident their franchises
     will survive," saying that the GTA's "large and diverse
     population provides numerous niche markets in which a number
     of teams can thrive."  AFL Phantoms CEO Rob Godfrey: "I
     think there's room for every sports team without a great
     overlap of fans.  We're going after the people who can't
     afford to go to Leafs and Raptors games, and the people who
     have gone away from Blue Jays games over the years."  New
     franchises "see themselves as a lower-priced alternative" to
     the Raptors and Maple Leafs, "able to meet fans' demand
     without draining attendance from established teams."  IHL
     President Doug Moss: "You could have 10 IHL teams in Toronto
     and it wouldn't impact the Maple Leafs."  NLL Rock VP John
     Mouradian said that the Rock "has been the most popular of
     the GTA's new teams," with two consecutive NLL titles and a
     season-ticket base of about 5,000, but they still "haven't
     turned a profit."  The team has lost money in its two
     seasons, and has been "relying on" ticket sales and
     sponsorships because it does not have a TV contract.  A-
     League Lynx co-Owner Bruno Hartrell, on the GTA market: "You
     need patient investors here. It's not like you're going to
     invest this season and you're going to make a profit.  You
     have to have at least a five-year plan" (TOR. STAR, 11/19).

SBJ Morning Buzzcast: May 10, 2024

Start your morning with Buzzcast with Austin Karp: A very merry NFL Christmas on Netflix? The Braves and F1 deliver for Liberty Media investors; the WNBA heads to Toronto; and Zelle gets in on team sports sponsorship.

Phoenix Mercury/NBC’s Cindy Brunson, NBA Media Deal, Network Upfronts

On this week’s pod, SBJ’s Austin Karp chats with SBJ NBA writer Tom Friend about the pending NBA media Deal. Cindy Brunson of NBC and Phoenix Mercury is our Big Get this week. The sports broadcasting pioneer talks the upcoming WNBA season. Later in the show, SBJ media writer Mollie Cahillane gets us set for the upcoming network upfronts.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. 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/2000/11/21/Franchises/MARKET-WRAP-TORONTO-AREAS-11-TEAMS-MAKE-FOR-COMPETITION.aspx

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

https://www.sportsbusinessjournal.com/Daily/Issues/2000/11/21/Franchises/MARKET-WRAP-TORONTO-AREAS-11-TEAMS-MAKE-FOR-COMPETITION.aspx

CLOSE