How the Vancouver Whitecaps woes highlight hurdles faced by all of Canadas majorleague sports teams

Image for article How the Vancouver Whitecaps woes highlight hurdles faced by all of Canadas majorleague sports teams
News Source : CBC News

News Summary

  • Franchises face cashflow pressure from weaker loonie, less lucrative media and advertising deals.
  • Canadian teams' expenses are primarily in u.s. dollars, and they operate at the mercy of the exchange rate.
  • Media and advertising revenue are critical components in making money, and here, too, Canadian teams are at a disadvantage.
  • While the Whitecaps are riding high in this season's standings so far, they're second from bottom in the league when it comes to cashflow, Axel Schuster said.

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