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CFL cancels season, citing financial loss.

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CFL cancels season, citing financial loss.
Mon Aug 17, 2020 11:46 am
  • The CFL canceled its 2020 season Monday, citing what commissioner Randy Ambrosie said would have been "significant financial losses" if the league had played during the coronavirus pandemic.

    The league pledged to return in 2021. At the heart of the issue were a series of Canadian government regulations that effectively eliminated the CFL's primary source of revenue -- ticket sales -- and also would have made it a challenge for United States-based players to travel to Canada.

    The league developed preliminary plans for a shortened season based in Winnipeg, in a bubble environment. But the Canadian government rejected the CFL's request for a $30 million loan to help fund it.


    https://www.espn.com/nfl/story/_/id/29680815/cfl-cancels-2020-season-citing-financial-losses
    Maulbert
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    Posts: 6854
    Joined: Tue Apr 08, 2014 7:44 pm
    Location: In the basement of Reynholm Industries


  • Maulbert wrote:
    The CFL canceled its 2020 season Monday, citing what commissioner Randy Ambrosie said would have been "significant financial losses" if the league had played during the coronavirus pandemic.

    The league pledged to return in 2021. At the heart of the issue were a series of Canadian government regulations that effectively eliminated the CFL's primary source of revenue -- ticket sales -- and also would have made it a challenge for United States-based players to travel to Canada.

    The league developed preliminary plans for a shortened season based in Winnipeg, in a bubble environment. But the Canadian government rejected the CFL's request for a $30 million loan to help fund it.


    https://www.espn.com/nfl/story/_/id/29680815/cfl-cancels-2020-season-citing-financial-losses


    ...life without BILLIONS in TV Contract $$$$.
    Marvin49
    NET Veteran
     
    Posts: 6982
    Joined: Tue Dec 18, 2012 2:34 pm


  • Marvin49 wrote:
    Maulbert wrote:
    The CFL canceled its 2020 season Monday, citing what commissioner Randy Ambrosie said would have been "significant financial losses" if the league had played during the coronavirus pandemic.

    The league pledged to return in 2021. At the heart of the issue were a series of Canadian government regulations that effectively eliminated the CFL's primary source of revenue -- ticket sales -- and also would have made it a challenge for United States-based players to travel to Canada.

    The league developed preliminary plans for a shortened season based in Winnipeg, in a bubble environment. But the Canadian government rejected the CFL's request for a $30 million loan to help fund it.


    https://www.espn.com/nfl/story/_/id/29680815/cfl-cancels-2020-season-citing-financial-losses


    ...life without BILLIONS in TV Contract $$$$.


    Yup.
    Maulbert
    NET Veteran
     
    Posts: 6854
    Joined: Tue Apr 08, 2014 7:44 pm
    Location: In the basement of Reynholm Industries




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