By Evan Colborne | Decmeber 11, 2017
Every week we recap the top Canadian Sports Business stories from the past week.
Mike Ozanian of Forbes recounts the other examples of media companies purchasing baseball teams in hopes of finding profitable synergy. As the title of the article suggests, this strategy has not had a strong track record. FULL STORY
The 61-year-old Memorial Centre was last renovated in 2003; at that time, there were additions such as private box suites, a restaurant and new seats. That renovation, which cost about $13.3 million, won’t be paid off for another six years.
With advanced talks taking place about a new downtown arena for the Senators, decision makers in Ottawa look to Edmonton and it’s new crown jewel arena to understand what they are in for; both positive and negative. FULL STORY
Team officials announced that over 10,000 season tickets have been sold, with plans to cap season tickets at 11,000 to leave room for single tickets. FULL STORY
Council was told it will cost $1.5 million a year to maintain and secure the shuttered facility, and at least $15 million to demolish it. FULL STORY
The 105th Grey Cup on Nov. 26 was the most watched on TV since 2013, up 10 per cent over last year’s game with an average of 4.3 million viewers on TSN and RDS, according to data from audience measurement organization Numeris. FULL STORY
At an estimated cost of $580,000, a report from sports tourism officer Samantha Magalas estimates the economic impact at $5 million to $10 million. FULL STORY
Online viewers will have access to high-profile content including Hockey Night in Canada, the rights to which CBC sub-licensed from Rogers Communications Inc. FULL STORY
The temporary moratorium, approved unanimously by city council Friday, prevents new licences or event permits from being issued for any combative sports competition until at least Dec. 31, 2018. The temporary ban went into effect Saturday. FULL STORY