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Old 07-30-2008, 10:28 AM   #14 (permalink)
icu360
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New York Giants Re: Toronto Bills unveil logo for games

Quote:
Originally Posted by icu360 View Post
Toronto is where the money is and sports is about money. Putting an expansion team in Toronto as oppose to moving the Bills won't work. Part of the Bills fan base comes from Toronto. Putting a team in Toronto would further erode the Bills financially and would cause them to relocate anyway. The only viable option is for the Bills to move to Toronto so they would make more money and this would enable them to sign and keep better talent which would enable them to better compete (on the field) with the other teams in the league. The amount of money the Bills would make in Toronto is astronomical when compared to Buffalo. They could stand to make 300-400% more in Toronto. PSL licenses, merchandise, ticket prices. The majority of this would be through corporate sponsorship. The numbers I've heard for the 1 game in Toronto = 3 games in Buffalo (profit).

I know this is troubling to hear for the people of Buffalo but it is merely fact. The area of western New York continues to lose their population base and their financial tax base. There aren't as many opportunities there as before and the stats bear this out. Kids that go away to college and graduate find jobs in other parts of the country (i.e. Phoenix, North Carolina, Florida, New York, etc.)and never return to Western NY. It's not just Western NY, its that whole region (the Steel Belt i.e. Detroit, Pittsburgh, Cleveland) but Western NY is suffering the worst.

I live in Toronto but a lifelong Giant's season ticketholder.

The prices for the Giants PSL licenses for their new stadium (2010) will cost from$1,000-$20,000 per seat plus the cost of the season tickets of $160 per game, per seat. These prices are out of reach for the average person but to a corporation it's merely a writeoff. Attending sports game is fast becoming a luxury of the rich but are the times we live in. On a positive note, it is better to pass on the costs to the sports fan than to the average citizen (i.e. raising sales taxes).

Last edited by icu360; 07-30-2008 at 10:33 AM. Reason: more info
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