According to Forbes, TFC loses about $9 million
https://www.forbes.com/sites/chrissm.../#6ac68d8b199c
And that's with MLSE using the Leafs to sell TFC corporate sponsorship and tickets (about $21 million according to Rick Westhead a couple of years ago). Imagine what the Argonauts could do if Rogers bought into them, and the Argonauts were a part of MLSE.
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