CFL commissioner Mark Cohon will get a new 3 year deal

[R.J]

As per tweets.
News1130Sports News1130 Sports
CFL commissioner Mark Cohon will get a new 3 year deal. Good signing - stabilty required up high.

TSNDaveNaylor David William Naylor
Multiple sources say new contract for CFL commissioner Mark Cohon will be announced shortly. Current 5-year deal expires on March 28th.

[R.J]

http://www.tsn.ca/cfl/story/?id=387345

[R.J]

Another story with a bit more details on Cohon's new deal. (http://www.sportsnet.ca/football/cfl/2012/02/09/cohon_cfl_extension/?utm_source=CFL%20lineup%20RSS-Images&utm_medium=feed&utm_content=CFL%20commissioner%20Cohon%20signs%20t hree-year%20deal&utm_source=twitterfeed&utm_medium=twitter)
Canadian Football League commissioner Mark Cohon has agreed on a new deal that will be for three years, after which he will leave to explore other options, Sportsnet.ca has learned.

The deal, which has already been done but yet to be announced, will make Cohon one of the longest-serving CFL commissioners. Cohon was given an unprecedented five-year term when he signed in 2007. Sources say it was Cohon's decision not to ask for a contract with a similar length this time.

There had been rumours that Cohon's contract would pay him north of $500,000 a year on an annual basis with added bonuses that could be tied in to the next TV deal. While sources say the base pay might not be as high as $500,000 a year, there are performance bonuses attached to the deal.

The CFL has enjoyed stability under Cohon, although he hasn't had to deal with some of the franchise instabilities of his predecessors. That has allowed him to work on bigger projects, such as bringing back a franchise to Ottawa, exploring the possibility of franchise in the Maritimes, a new collective bargaining agreement with the Canadian Football League Players Association that included the CFL's first-ever drug policy, helping to spearhead franchises to build new stadiums, and finding a new owner for the Toronto Argonauts.

However, he hasn't been able to solve the issue of fan attendance in Southern Ontario, where both the Argos and Hamilton Tiger-Cats continue to struggle. Cohon indicated at last year's Grey Cup that $1 million has been directed towards the Southern Ontario market this year to specifically address that issue.

One of Cohon's key issues in the remainder of his stewardship may be to help the Argos find a new home. If the Toronto Blue Jays go ahead with plans to replace artificial turf with real grass at Rogers Centre, it will pose a problem for reconfiguring the field for football usage.

[ArgoRavi]

How does Sportsnet know for sure that Cohon will leave the league at the end of that three year contract? Three years is a long time and a lot can change between now and then. Also, I don't consider Hamilton as having attendance problems. They are drawing average crowds in the 23k-24k range. For most years from the early 1980s to 2003, crowds of 15k were considered to be good in Hamilton. That franchise has come a long way since then.

[R.J]

Not sure Ravi, I'm going to assume that they're just speculating. The TiCats do have issues though as they're bleeding money, supposedly you need 25,000 people in the stands to break even in the CFL, but not 100% sure obviously as to how each teams revenues are brought in. Personally I think the only thing holding back the Ticats from making money is the stadium location, which The City and TiCats dropped the ball big time, a better location should have been chosen and Bob "Caretaker" Young should have put in more money, for all the noise he made.