Does anyone know where Toronto media (Simmons in the Sun and Arthur in the Star, I think, both last week) were getting the figure of a near-$10-million operating loss? I was shocked when I saw that. I just don't see how a CFL team could lose that much money given the TV contract (which pays around 80% of player salaries credited to the cap). Plus the Argos don't paper the house or inflate their attendance figures (notwithstanding Flutie bobblehead night discounts and the like). Not to mention a very successful East Final which must have netted a handsome profit.

Even if the Argos don't get the full benefit of parking and cocessions at BMO, they can't be losing that much, can they? Maybe $2 million or $3 million, but not $10 million? Does anyone have any insights on this?

(Agree with others on the benefits of corporate ownership in this case!)