Growing up in Toronto in the 1960's and 1970s, I am astounded that the CFL has been left behind by all the other major league teams in support and their franchise values. In 1988, Harry Ornest sold the Argos for $5 million to Bruce McNall, Wayne Gretzky and John Candy. I don't think Bell Media/Larry Taunenbaum paid that price in almost 30 years later.

Since 1988, Toronto's other local sports franchise values have grown exponentially. New kid on the block, Toronto FC has really overachieved:

- Blue Jays: $1.3 b*
- Maple Leafs: $1.1 b*
- Raptors: $1.1 b*
- TFC: $245 m *
- CFL Franchise fee: $7 m **
- Toronto Rock: $1 m

*Forbes valuation in USD
**Ottawa RedBlacks

Can the CFL survive and grow given its' dismal performance in Canada's major metropolitan areas? Will the impending cable-cutting millennials undermine the longterm CFL prospects? Any ideas where the league should go from here?