After profitable 2019, Blue Bombers brace for austerity in 2020

After profitable 2019, Blue Bombers brace for austerity in 2020

WINNIPEG — The Winnipeg Blue Bombers have reported an overall operating profit of $3.5 million for the 2019 season, but their bottom line for 2020 is looking far darker.

A rosy report for 2019 was expected after the Blue Bombers won their first championship in 29 years, beating Hamilton 33-12 to claim the Grey Cup. The operating profit is $900,000 more than the 2018 figure for the community-owned club.

The team said in a statement Wednesday that the Blue Bombers saw strong merchandise sales in November leading up to the Grey Cup, which carried over into December as the city celebrated its title.

However, with the COVID-19 pandemic expected to wipe out the 2020 season, the club says its outlook has “dramatically changed.”

“If the season were to be shortened or cancelled, the financial effects would be severe and would result in a significant net loss for the year,” the Bombers said in the statement.

The CFL is a gate-driven league without the type of rich television deal other major North American sports leagues enjoy, making it more vulnerable during a time of restrictions on mass gatherings to help control the spread of COVID-19. The league has asked the federal government for up to $150 million in assistance, with commissioner Randy Ambrosie saying that the survival of the CFL is in doubt without help.

“The club continues to monitor the situation in conjunction with the CFL and is reducing, deferring, and eliminating expenditures where possible, and at the same time exploring all possible alternate sources of revenue during these difficult times,” team president and CEO Wade Miller said in the release. “The support that our season ticket members and corporate partners have shown us throughout has been overwhelming and encouraging.”

This report by The Canadian Press was first published May 13, 2020.

The Canadian Press

CFL

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Alberta reports just seven new COVID-19 cases

‘Today’s numbers mark an occasion to be celebrated’

Sylvan Lake RCMP continue to search for missing man

43-year-old Steven Michael Hull is still missing and Sylvan Lake RCMP are seeking public assistance

Lacombe County Reopens Sandy Point Beach for the season

Signage is posted at the beach outlining public health orders

Still no confirmed active COVID-19 cases in Red Deer, central zone

There are 15 new confirmed cases were in Alberta, the province said Thursday

Sylvan Lake baseball stadium on track for 2021 season

The Sylvan Lake Gulls announced plans for the stadium and the team continue to move ahead as planned

A letter from the publisher

Eckville Echo’s Publisher, Barb Pettie, addresses the readers of the paper in a letter

‘It’s brewing’: Inmates, guards worry about violence after COVID-19 lockdown

‘Thirteen weeks in a cage the size of your (bathroom) has been pretty devastating’

Feds sign $105-million deal with Bombardier for two new Challenger jets

Department of National Defence announced the deal with Bombardier on Saturday

‘Alarmed:’ Health critic calls for more data on COVID-19 in trucking industry

Public Health Agency of Canada does not collect information on long-haul truckers

Montreal man believes rough arrest caught on video was racially motivated

Montreal man believes rough arrest caught on video was racially motivated

N.B. police shooting of Indigenous woman leads to questions on ‘wellness checks’

N.B. police shooting of Indigenous woman leads to questions on ‘wellness checks’

Minister says reckoning on police violence against Indigenous people needed

Minister says reckoning on police violence against Indigenous people needed

Nunavut to bring in civilian police review after arrest video: minister

Nunavut to bring in civilian police review after arrest video: minister

Most Read