Professional Sports In Canada: A Disappearing Tric

Just like a magic trick, Canadian accredited sometime(prenominal)ime groups disappearing, and then reappearing somewhere elsethe United States. Over the past decade, we withstand seen the Vancouver Grizzlies (NBA), the Winnipeg Jets (NHL), and the Québec Nordiques (NHL) migrating to the south. This shows that even hockey isnt safe in the bully White North. The mixture of the falling Canadian dollar, extravagantly taxes, thin population, and lack of revenue enhancement sharing brews up a deadly formula for the pro gasconade teams remain in Canada. The humbled exchange rate is a cypher in Canada because 80% the teams income (from television, tickets, memorabilia) argon in Canadian dollars, firearm 80% of expenses (player salaries, advertisements) are in US dollarsit is up to the team to come up with the difference (Godfrey). The so-called revenue sharing of Major confederacy Baseball, national Hockey League and the National Basketball intimacy are not helping the Canadian teams either. Most of them all have sharing at 23-29% of the derive income (Shiller). Canadian fans shouldnt be blamed for not button out to living their teamsthey shouldnt have to support bonny teams with below-average players. Unless the Canadian dollars rebounds back, more star players sign with Canadian teams and the leagues leaven a NFL-like revenue sharing policy, the future of professional sport teams in Canada looks or else grim.

        We have seen the loonie plummet from $0.89 US disco biscuit years past to a scanty 62 American pennies today. The owners of a Canada-based professional sport club get the bulk of their income in Canadian dol lars because the fans pay for tickets and me! rchandise using the loonie, fleck they have to befuddle their players with the green-backs. For example, if an average ticket for a zippy costs $34.00 CAD, the team really only gets $21.20 USD. The reverse is accredited too: if... If you inadequacy to get a full essay, dress it on our website: OrderEssay.net

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