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Published on April 13, 2013 10:48 AM by dbo.
The particularly apt statement from Mr. Hunt is previous failures are more about “why poorly run businesses don’t work anywhere.” If you want to argue the previous businesses were well run, then we can discuss whether Ottawa is a football town given its history. But I don’t think I will find anyone able to make that argument.
Right now the OSEG group looks like geniuses, acquiring the franchise in 2008 and not taking the field until 2014 with a new stadium, a stable league with controlled expenses and Salary Management System and in the first year of a new broadcast deal that about doubles each franchise’s revenue from television rights. No others had the vision of potentially doubling their franchise’s value before even taking the field.