Quote Originally Posted by paulwoods13 View Post
It's not just effort that has been put into TFC, it's money. And based on franchise value, there has been a return (at least on paper) on that investment. Would there be a similar return on a similar investment in the Argos? My sense is that MLSE has concluded that there would not be, in a nine-team league operating only in Canada and with virtually no real revenue growth potential as it is currently constituted. Yes, we would all love to see MLSE really try, and spend accordingly, for 5-10 years to rebuild. It might work. But given that the brand has been abused and made slowly irrelevant over the past 40 years, it also might not work. And if you're the head of MLSE, why would you take that chance?
So what is their rationale for owning the Argos? Small tax write off, philanthropy (keep Argos off deathbed), keep CFL alive for TSN?
If they are committed to the losses to do that they could commit a little more to trying to create value.
If not they should try and find another Amar Doman, Bob Young to sell to. A dedicated President with a dedicated budget (drop in the bucket to them), and they can just watch what happens with very little risk. Value would come. An entire 10 team league firing on all cylinders should be worth $100 million.