Quote Originally Posted by DoubleBlue_Red View Post
MLSE, ticket sales, tv contract with TSN, sponsorship w/ Bell Media, KIA, BMO etc.

If the team is successful then they are playing more games in CONACAF which means more ticket sales.
None of those things add up to anywhere near $20 million. Unless MLSE chooses to take a huge bath on the team. Which they have to be. The only hope for ROI has to be ever rising expansion fees. That cannot be a sustainable business model. The Argos generate 5X the tv viewership but pay players $5,000,000 combined. If the Argos are losing MLSE $5m per year how much are TFC losing them?