This is a Single Point link, quick commentary on the article or page linked above (follow the title link above to the source, that is probably what you are looking for).
Published on April 7, 2010 8:30 PM by dbo.
Interesting points revealed in Winnipeg’s fiscal year-end financial statements and $1.2 million reported deficit:
- league revenues dropped by $150,000 year-over-year
- almost $1 million ($981,950) in severance charges in 2009 fiscal year
- gate receipts only decreased $66,436 while sponsorship fell $205,232
- deficit was covered by the the team’s surplus, which is now reduced to $3.88 million
The off-season shakeup continues in Winnipeg with the Blue Bomber board of directors. A record of 7-11 while being the only team to exceed the salary cap despite creative roster moves does not sit well in Winnipeg.