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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