that figure is far smaller than what it costs to start up just about any sport franchise in the United States, especially football. On the other hand, it could be in the best interest of the league to consider a Canadian owner. A Canadian owner would probably be appreciated better and hold a stronger image with the community. In the past, Canadian football fans have not really admired American owners or group owners because of their lack of managing skills. Take for instance the article that summarizes the Rough Rider’s troubled past: “1987 -- Team owner Allan Waters sells the team to a local group of 27 investors, the first of five new owners in less than a decade. The franchise had a net loss of $2.46 million for the year, leaving a $511,450 deficit. - 1989-90 -- Both the city and region try to help by giving money to the ailing team as losses increase and investors move on. - 1991 -- The CFL takes over the team when the six remaining investors quit.- 1991 -- Detroit real estate developer Bernie Glieberman and his son, Lonie, buy the team for a dollar.- 1994 -- The team is in financial trouble again and the CFL begins to search for a new owner.” The article (as well as the media in general) makes several humorous comments about the poor leadership display executed by previous owners. For example, the Canadian Jeff Hunt (the present owner of the Ottawa 67’s hockey club) would be an ideal candidate for the job. “Hunt has expressed interest in being the front man for a new ownership team after balking at paying the CFL's $2-million expansion fee himself.” Unfortunately, another article later revealed that Hunt was financially unable to meet the three-year necessary commitment in which Giles expects: "A guy could lose $7 million to $8 million ... turning things around in Ottawa. I don't have that kind of money." Another possibility is that Hunt assumes a co-ownership role and acts mostly as...
