Professional Sports In Canada: A Disappearing Tric

Just like a magic trick, Canadian master key medievalime team ups 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, juicy taxes, thin population, and lack of revenue enhancement communion brews up a deadly formula for the pro sport teams remain in Canada. The humbled exchange rate is a element in Canada because 80% the teams income (from television, tickets, memorabilia) argon in Canadian dollars, dapple 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, study Hockey League and the National Basketball intimacy are not helping the Canadian teams eit her. Most of them all have sharing at 23-29% of the descend income (Shiller). Canadian fans shouldnt be blamed for not exhalation out to living their teamsthey shouldnt have to support fair teams with below-average players. Unless the Canadian dollars rebounds back, more star players sign with Canadian teams and the leagues devote 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 ten years past to a scanty 62 American pennies today. The owners of a Canada-based professional sport club get the volume of their income in Canadian dollars because the fans pay for tickets and merchandise using the loonie! , magical spell they have to befuddle their players with the green-backs. For example, if an average ticket for a game costs $34.00 CAD, the team really only gets $21.20 USD. The reverse is professedly too: if... If you inadequacy to get a full essay, direct it on our website: OrderEssay.net

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