Team’s take is double what it grosses at home
From The Buffalo News By Mark Gaughan Updated: 04/30/08 8:29 AM >>read more. The Buffalo Bills will be paid an average of $9.75 million a game from their new Toronto business partners, financial statements released in Canada revealed Tuesday. The Bills’ eight games in Canada over the next five years will earn the National Football League team a total of $78 million, Rogers Communications stated in its quarterly report. It was the first time the cost of the deal was made public. The gross revenue is roughly double what the Bills garner in gross revenues for a home game at Ralph Wilson Stadium in Orchard Park. The Bills essentially are leasing the game to Rogers Communications. The team is being paid a flat fee for the games, and Rogers is handling virtually all of the game operations. Rogers is one of Canada’s largest communications companies, with revenues of about $10 billion a year. –Curious how much of the money will make it to the local economy.
Tags: Buffalo, Buffalo Bills, Canada, Corporate, Football, National Football League, Orchard Park, Ralph Wilson Stadium, Rogers Communications, Tornonto
