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TV revenues less than expected so CFL teams face bigger losses
[FIN Edition]
Toronto Star - Toronto, Ont.
Author: Paul Hunter Toronto Star
Date: Apr 14, 1989
Start Page: B.6
Section: SPORTS
Abstract (Document Summary)

Last year, the league's eight teams were each promised approximately $600,000 in television and playoff revenues by former commissioner Doug Mitchell. Yesterday however, CFL president Bill Baker revealed each club will instead receive between $450,000 and $485,000 - an average shortfall of $125,000 per franchise.

The shortfall means all clubs lost money in 1988. Saskatchewan Roughriders had been the only team to report a profit, a modest $29,000, but that was based on Mitchell's $600,000 figure. Last season's big loser was the B.C. Lions with a deficit of $2.8 million.

Baker said a large reason for the difference was that television revenues from the CFL's Canadian Football Network were projected at between $450,000 and $500,000 per team. They came in at $385,000.

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